Metallic Boride Powder Market

Metallic Boride Powder Market Outlook (2025 to 2035)

The global metallic boride powder market was valued at USD 1,926 million in 2024 and is projected to expand at a noteworthy CAGR of 5.2% to end up at USD 3,349 million by 2035.

A boride is a compound between boron and a less electronegative element, for instance silicon boride. The borides constitute a highly vast group of compounds, and they have very high melting points. Such compounds are mainly covalent more than ionic in character. Some of these borides display very valuable physical properties. The term boride is also loosely applied to compounds such as B12As2 that is often referred to as icosahedral boride.

Growth of metallic boride powder market is attributed to the material's unique properties, such as high strength and wear resistance, making it indispensable in applications like cutting tools and industrial machinery.

Report Attributes	Details
Metallic Boride Powder Market Size (2024A)	USD 1,926 Million
Estimated Market Value (2025E)	USD 2,017 Million
Forecast Market Value (2035F)	USD 3,349 Million
Global Market Growth Rate (2025 to 2035)	5.2% CAGR
North America Market Share (2025)	26.3%
U.S. Market Growth Rate (2025 to 2035)	5.3% CAGR
Key Companies Profiled	ABSCO Limite; American Elements; Atlantic Equipment Engineers; Bayville Chemical Supply Company Inc; GNP Graystar Specialty Materials; Heeger Materials; Hoganas; Hunan Fushel Technology; Metalfron; Nanochemazone; Shubhmets; XI'AN FUNCTION MATERIAL GROUP CO.,LTD.

Historic Analysis (2020 to 2024) and Future (2025 to 2035) Pathway Analysis for the Metallic Boride Powder Market

The market for Metallic Boride Powder grew at a growth rate of 4.5% from 2020 to 2024, and by the end of 2024, it was valued at USD 1,926 million. Increasing applications related to metallic boride powder is a major factor for the steady increase of the market during the forecasted period.

Historical Report Attributes	Details
Market Size (2020A)	USD 1,602 million
Market Size (2024A)	USD 1,926 million
Historical CAGR (2020 to 2024)	4.5%
Forecasted CAGR (2025 to 2035)	5.2%

• Short Term (2025 to 2028): Increasing demand in electronics and aerospace applications and advances in synthesis techniques and growing interest in energy storage solutions driving the market in short term. The increased usage of electronic devices and components that demand high-performance materials increases the demand for metallic borides. The aerospace industry's demand for lightweight and durable materials is increasing the use of metallic borides in various components.
• Medium Term (2028 to 2032): Improved synthesis techniques are making it easier and cheaper to synthesize metallic borides, thereby increasing their availability. Energy storage solutions, especially in batteries and super-capacitors, are opening up new avenues for metallic borides. Metallic borides have been identified as efficient catalysts in many chemical processes, thus opening up more avenues for their applications.
• Long Term (2032 to 2035): Renewable Energy Technologies are expected to rise with the expansion of renewable energy sources, and thus would be in search of materials enhancing efficiency and performance; therefore, metallic borides. Research on new applications and formulations for industrial use would be a precursor to long-term market growth of metallic borides.

On the back of the aforementioned facts, the Metallic Boride Powder market is anticipated to grow at a CAGR of 5.2% during the forecast period from 2025 to 2035, According to the Fact.MR, a market research and competitive intelligence provider.

Market Dynamics

What are the Factors Propelling Global Sales of Metallic Boride Powder?

“Environmental Awareness and Demand for Sustainable Materials is Driving the market for Metallic Boride Powder”

The use of metal borides in advanced oxidation processes for water treatment is gaining momentum, thereby increasing their market presence. Sustainable initiatives in the manufacturing process would propel the use of metallic borides as an environmentally friendly alternative.

The increasing investments in these sectors are expected to continue driving demand for metallic boride powder in the coming years. Companies across the world is also promoting and incorporating the use titanium in their products leading to environment sustainability of the material which will further drive the market.

For instance, in July 2024, Höganäs became the world's first metal powder producer to report product-specific carbon footprints including metallic boride powder products. Product-specific carbon footprint (PCF) becomes available in Sweden for completely LCA-modelled products. This will help support customers in their emission-reduction goals and take Höganäs one-step closer to its long-term goal of achieving net-zero emissions by 2037.

“Growing Application across various Industry is Boosting the Revenue Growth of the Market”

Metal borides have been considered and applied extensively due to their unique and valuable properties in a vast range of scientific and technological domains. They demonstrate excellent hardness and high melting points and excellent chemical stability, hence are highly useful for the advancement of cutting-edge materials science and engineering. Their applications have been seen to range across all areas of catalysis, electronic devices, and advanced coatings, among others. It is used for the production of evaporation boats. A number of different borides can be made and supplied into diverse industries.

What are the Challenges Encountered by Manufacturers of Metallic Boride Powder?

“Supply Chain Disturbances and Hazards from Toxicity Levels is a Significant Challenge in the Market”

Some of the major restraining factors in the metallic boride powder market are potential areas of inhibition include supply chain disturbances and hazards from toxicity levels within compounds used within it. In developing countries, there will be regulatory struggles and environmental issues related to production processes.

Country-Wise Insights

Why is Adoption of Metallic Boride Powder High in the United States?

“Large Aerospace and Automotive metallic application is a major Source of Revenue for Metallic Boride Powder market”

The market in the United States is estimated at USD 429.7 million in 2025 and is projected to expand at a CAGR of 5.3% through 2035. This market is projected to generate a USD 289.8 million absolute opportunity from 2025 to 2035.

The metallic boride powder market in the U.S. is growing because of the increasing demand in the automotive, aerospace, and electronics industries. U.S. market is expanding because of advancements in manufacturing technologies and applications.

Automotive light trucks, for one, reach 11 million units sales annually. Major industries that have strong consumption habits with industrial powders and metals include the U.S.'s automotive sectors. The United States hosts a thriving aerospace and defense market whose huge demand gives life to powder metallurgy market needs.

The North American region is closely connected, which makes Canada and Mexico accessible markets for metallic boride powder from the United States.

Why is China a Lucrative Market for Metallic Boride Powder?

“Rapid Industrial Automation and Adoption in Automotive Industry”

The market in the China is estimated to reach USD 473.7 million in 2035 at a CAGR of 6.3%. This market is projected to generate a USD 216.7 million absolute opportunity from 2025 to 2035.

As the world's largest construction market, China has seen extensive investments. Government policies supporting residential, commercial, and industrial construction have fueled this growth. With the automotive and construction sectors booming, the demand for metallic boride powder in China is expected to grow at remarkable speed.

Category-Wise Insights

Which Carbide Powder Type is Widely Recycled in the Metallic Boride Powder Market?

“Silicon Carbide (SiC) Dominate the Metallic Boride Powder Market Due to its Quality and Purity”

Demand for Silicon Carbide (SiC) is projected to increase at a CAGR of 5.5% from 2025 to 2035. Silicon Carbide has unique properties like excellent thermal conductivity and chemical stability, making it ideal for high-temperature applications and electronic devices.

Competitive Landscape

Key players in the Metallic Boride Powder market are ABSCO Limite, American Elements, Atlantic Equipment Engineers, Bayville Chemical Supply Company Inc, GNP Graystar Specialty Materials, Heeger Materials, Hoganas, Hunan Fushel Technology, Metalfron, Nanochemazone, Shubhmets, and XI'AN FUNCTION MATERIAL GROUP CO., LTD.

Companies devote a significant portion of their revenue to R&D to resolve problems and offer creative solutions to draw in new customers and stay competitive. Companies are developing customized offerings for issues that meet industry-specific needs to compete with other players.

Fact.MR has provided detailed information about the price points of key manufacturers of Metallic Boride Powder positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Metallic Boride Powder Industry Research

• By Type :

  • Purity Less Than 99%
  • Purity More Than 99%

• By Application :

  • Metal Materials
  • Nuke Industry
  • Semiconductor
  • Others

• By Type of Metal Boride :

  • Tungsten
  • Silicon
  • Titanium
  • Zirconium
  • Other

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa