The global demand for Titanium Diboride Market is presumed to reach the market size of nearly USD 84.45 MN by 2028 from USD 51.72 MN in 2021 with a CAGR of 6.32% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Titanium diboride (TiB2) is a ceramic compound that is made up of titanium and boron. It has a high melting point, high hardness, excellent wear resistance, and good electrical conductivity, making it a versatile material with a range of industrial applications. TiB2 is often used as a coating material due to its excellent wear resistance and low coefficient of friction. It is commonly applied to cutting tools, such as drills and end mills, to increase their longevity and performance. TiB2 is also used as a protective coating on turbine blades in jet engines, as well as in armor applications, such as body armor for military personnel. TiB2 can also be used as a structural material due to its high strength and stiffness.
Market Dynamics
Titanium diboride is known for its exceptional wear resistance, making it a popular choice for coating cutting tools and other wear-prone components. As industries such as aerospace, automotive, and machining continue to grow, the demand for wear-resistant coatings is expected to increase, driving demand for titanium diboride. Titanium diboride is a lightweight material with high strength and stiffness making it applicable in lightweight components. As industries such as aerospace, automotive, and defence seek to reduce weight and improve fuel efficiency, the demand for lightweight materials such as titanium diboride is expected to increase. Titanium diboride has a high melting point and is resistant to thermal shock, making it an ideal material for use in high-temperature applications. As industries such as aerospace, energy, and electronics continue to grow, the demand for high-temperature materials such as titanium diboride is expected to increase. Advances in manufacturing and processing technologies are driving innovation in the titanium diboride market, leading to the development of new and improved products. For example, new coating techniques are allowing for the development of more durable and effective wear-resistant coatings.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of titanium diboride. The growth and trends of Titanium Diboride Industry provide a holistic approach to this study.
Market Segmentation
This section of the titanium diboride market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Composite
By Preparation
- Carbothermal Reduction Method
- Self-Propagating High Temperature
By Application
- Ballistic Armour
- Aluminum Smelting
- Jet Propulsion System
- Cutting Tools
By End-Use
- Aluminum Industry
- Aerospace And Defence
- Consumer Electronics
- Energy And Power
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Titanium Diboride market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Titanium Diboride Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the titanium diboride market include Momentive Performance Material Inc, Kennametal Sintec USA, H.C.Starck GmbH, Plansee, Orient Special Ceramics, 3M Company, Jingyi Ceramics, ESK Ceramics GmbH & Co., ESPI Metals, Ceradyne, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.