CBN and PCBN Market to Gain Traction by 2027
Posted On December 14, 2020
Value Market Research anticipates the Global CBN And PCBN Market to grow at a steady pace under the study period. CBN and PCBN are human-made synthetic abrasives used for cutting hard materials. Rapid industrialization and increasing demand for high-quality abrasives suitable for extreme temperatures and pressure conditions will motivate this market's growth. These abrasives' superficial characteristics like better work efficiency, ability to withstand severe deformation, and high durability will further propel the market growth. The market for CBN and PCBN will continue to grow across a wide range of sectors since these tools provide a cost-effective alternative to conventional grinding processes. The high production costs and the inability to produce these materials on a large industrial scale are the main restraining factors for this market's growth.
CBN and PCBN are abrasive materials used to make cutting tools and inserts that offer diverse, high-performance cutting and turning applications. Cubic boron nitride CBN is generally used for lapping bearing steel, die steel, tool steel, cast iron, stellite, superalloys, and in some cases, ceramic materials. Polycrystalline cubic boron nitride (PCBN) is commonly used for turning, and machining tools made up of steels, cast irons, and superalloys. It has gained traction as a friction stir tool material, especially for high-temperature alloys and extreme machining applications. The various advantages like extreme hardness, toughness, chemical, and thermal stability, wear resistance of these materials make them suitable for high material removal rates and precision machining, imparting excellent surface integrity to the machined products.
The first chapter of the report "Global CBN And PCBN Market Report By Product Type (PCBN And CBN), By Application (Chemical Industry, Manufacture Industry, Machinery And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" gives the market introduction with a crisp summary of the report and goes in detailed revenue analysis bifurcated as per segments and regions in the subsequent chapters.
The study digs deep to identify the market drivers, restraints, opportunities and threats in the near future. By product type the market is divided into PCBN, CBN. By application the market is segregated as Chemical Industry, Manufacturer Industry, Machinery, Others. The report identifies region which is expected to dominate the market over the next six years among all the regions studied in the report. North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.
The Report Segments Global CBN And PCBN Market -
By Product Type
- Chemical Industry
- Manufacturer Industry
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Carbide Products Inc., CeramTec, Ceratonia, FUNIK, Henan Huanghe Whirlwind, ILJIN, Sandvik and Zhengzhou Sino-Crystal among others.
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