Top 10 Companies in the Nickel Boride Alloy Market (2025): Market Leaders Powering Advanced Material Innovations

In Business Insights
June 09, 2025

The Global Nickel Boride Alloy Market was valued at USD 1.33 Billion in 2023 and is projected to reach USD 2.20 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.70% during the forecast period (2023–2032). This growth is driven by increasing demand from aerospace, electronics, and specialty alloy sectors where nickel boride alloys serve as critical deoxidizers, nitrogen scavengers, and catalyst materials.

As material science advances accelerate, key manufacturers are expanding production capacities and investing in R&D for next-generation nickel boride formulations. This blog profiles the Top 10 Companies in the Nickel Boride Alloy Market—globally recognized producers driving innovation in specialty alloys.


🔟 1. KC Jones Plating Company

Headquarters: Dayton, Ohio, USA
Key Offering: Nickel Boride Alloy Powders & Sputtering Targets

A leader in surface treatment technologies, KC Jones Plating manufactures high-purity nickel boride alloys for catalytic applications and thin-film deposition processes in semiconductor manufacturing.

Innovation Focus:

  • Advanced alloy formulations for microelectronics
  • Precision coating solutions for aerospace components

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Nickel Boride Alloy Market – View in Detailed Research Report


9️⃣ 2. Nippon Denko

Headquarters: Tokyo, Japan
Key Offering: Nickel Boride Master Alloys

This Japanese specialty materials provider supplies high-grade nickel boride alloys to Asian steel producers and electronic component manufacturers.

Innovation Focus:

  • Low-oxygen alloys for sensitive applications
  • Strategic supply chain partnerships across Asia

8️⃣ 3. Liaoyang International Boron Alloys

Headquarters: Liaoyang, China
Key Offering: Industrial-Grade Nickel Boride Alloys

As China’s largest boride alloy producer, Liaoyang serves domestic heavy industries with cost-effective solutions for bulk metallurgical applications.

Innovation Focus:

  • Scale production through vertical integration
  • Expanding export footprint in ASEAN markets

Download FREE Sample Report:
Nickel Boride Alloy Market – View in Detailed Research Report


7️⃣ 4. Luoyang Tongrun Info Technology

Headquarters: Luoyang, China
Key Offering: Catalytic Nickel Boride Materials

Specializing in advanced material solutions, this company develops high-surface-area nickel boride catalysts for chemical processing applications.

Innovation Focus:

  • Nanostructured catalyst materials
  • Recycling technologies for precious metals

6️⃣ 5. Materion Corporation

Headquarters: Mayfield Heights, Ohio, USA
Key Offering: Aerospace Alloy Solutions

Materion supplies precision nickel boride materials to defense and space sectors, meeting stringent MIL-spec requirements for critical applications.

Innovation Focus:

  • ITAR-compliant material solutions
  • Advanced characterization techniques

5️⃣ 6. Sandvik AB

Headquarters: Stockholm, Sweden
Key Offering: Engineered Alloy Systems

Sandvik’s materials division develops nickel boride-enhanced alloys for extreme environment applications in energy and industrial processing.

Innovation Focus:

  • Corrosion-resistant alloy development
  • Digital materials modeling capabilities

4️⃣ 7. Carpenter Technology Corporation

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Aerospace Alloy Products

Carpenter produces premium nickel boride alloys for jet engine components and other demanding aerospace applications requiring precise material properties.

Innovation Focus:

  • Certified alloys for critical applications
  • Additive manufacturing material solutions

Download FREE Sample Report:
Nickel Boride Alloy Market – View in Detailed Research Report


3️⃣ 8. H.C. Starck GmbH

Headquarters: Goslar, Germany
Key Offering: High-Purity Metal Powders

This German specialty materials company supplies ultra-high-purity nickel boride to European research institutions and advanced manufacturing sectors.

Innovation Focus:

  • Nanopowder production technologies
  • Custom particle size solutions

2️⃣ 9. Nippon Yakin Kogyo Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Precision Alloy Products

A leader in rolled alloy products, Nippon Yakin produces nickel boride materials for electronic components and specialty chemical applications.

Innovation Focus:

  • Thin foil manufacturing
  • Battery material development

1️⃣ 10. American Elements

Headquarters: Los Angeles, California, USA
Key Offering: Research-Grade Materials

Supplying laboratories worldwide, American Elements offers an extensive portfolio of nickel boride alloys in various forms and purity levels.

Innovation Focus:

  • Custom alloy development services
  • High-purity material certification

Get Full Report Here:
Nickel Boride Alloy Market – View in Detailed Research Report


🌍 Outlook: Nickel Boride Alloys Enabling Next-Gen Technologies

The nickel boride alloy market is undergoing significant transformation as material innovations unlock new applications across industries from energy storage to aerospace.

📈 Key Market Trends:

  • Growing adoption in battery anode materials
  • Increased demand for high-performance catalysts
  • Precision material requirements in additive manufacturing
  • Supply chain diversification strategies

The companies profiled are not just meeting current industry needs—they’re shaping the future of material science with advanced nickel boride solutions.

Get Full Report Here:
Nickel Boride Alloy Market – View in Detailed Research Report