Hafnium diboride is a class of ultra-high-temperature ceramics. This type of ceramic is composed of hafnium and boron. It has a melting temperature of about 3100 ?C. The ceramic offers high thermal and electrical conductivity. Hafnium diboride is a grey and metallic compound. It is mixed with carbon, boron, silicon carbide, or nickel to improve the consolidation of the hafnium diboride powder for sintering. Hafnium diboride is commonly formed into a solid through the process of hot pressing, where powders are pressed together using both heat and pressure. The oxidation resistance of hafnium diboride is dependent on the relative temperature and pressure.
Hafnium diboride has also been investigated as possible new material for nuclear reactor control rods. It is also being investigated as a microchip diffusion barrier. If synthesized correctly, the barrier can be less than 6nm thick. Hafnium diboride is a highly harmful metalloid in nature, and contact of with it may cause sudden unconsciousness. It is primarily used in effluent treatment in the electronic industry. Harmful effects of hafnium diboride are estimated to hamper the hafnium diboride market during the forecast period.
Hafnium Diboride Market: Segmentation Outlook
The global hafnium diboride market can be segmented based on form, application, and region. In terms of form, the hafnium diboride market can be classified into liquid and powder form. The powder hafnium diboride segment is projected to expand at a rapid pace during the forecast period. Powder hafnium diboride occupies less volume, and its packaging is also easier compare to that of other forms. Increase in demand for electronics and properties of hafnium diboride such as high thermal conductivity and adsorbency are likely to drive demand for hafnium diboride during the forecast period.
In terms of application, the hafnium diboride market can be classified into semiconductor, electronics, and others. The semiconductor segment is projected to expand at a robust CAGR in the coming years. Semiconductors are used to make integrated circuits and printed circuit boards. PCB’s are used to make smart mobiles, TV, watches, etc.. This is estimated to propel demand for hafnium diboride in the near future.
Hafnium diboride is employed in hypervelocity re-entry vehicles such as intercontinental ballistic missile heat shields and in aerodynamic leading-edges, due to its high strength and thermal and electrical properties. Increase in research & development in hypervelocity vehicles and aerodynamic models is projected to augment the hafnium diboride market in the coming years.
Hafnium Diboride Market: Regional Outlook
In terms of region, the hafnium diboride market can be segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa. Asia Pacific is expected to remain a dominant region of the global electrical & electronic market during the projected period. Rise in urbanization and increase in digitization in countries such as China & Taiwan are key factors anticipated to propel the demand for semiconductors. Hafnium diboride is significantly used in the manufacture of PCBs, which are used in production of smart mobiles, laptops, transformers, and TVs. This factor is expected to boost demand for hafnium diboride during the forecast period. The hafnium diboride market in Africa is expected to expand at a moderate pace during the forecast period, due to the underdeveloped economy of the region and lack of technological advancement.
Hafnium Diboride Market: Key Players
The global hafnium diboride market is consolidated. A few companies operate at the global and regional level. Major companies include Micron Metals, Nanoshel, ALB Materials, Treibacher Industrie, Alfa Aesar, LTS Research Laboratories, ALB Materials, MP Biomedicals, Aurora Fine Chemicals LLC, and American Elements and DMS Powders.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.