The Global Chromium(III) Boride Market was valued at US$ 10.2 Million in 2022 and is projected to reach US$ 18.5 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2023–2032). This growth is being driven by rising demand for high-purity materials in sputtering targets for semiconductor manufacturing, increasing applications in wear-resistant components for aerospace and automotive industries, and expanding use of fire-proof materials in high-temperature environments. Furthermore, advancements in thin-film deposition technologies and the push for durable coatings in electronics are fueling market expansion, particularly in regions like Asia-Pacific and North America.
As the advanced materials sector evolves to meet the needs of high-tech industries focused on durability, precision, and performance, attention turns to the key players pioneering innovations in boride compounds. Chromium(III) boride, known for its exceptional hardness, thermal stability, and corrosion resistance, plays a crucial role in these developments. In this blog, we profile the Top 10 Companies in the Chromium(III) Boride Market—a blend of established global manufacturers, specialty chemical experts, and emerging innovators who are at the forefront of producing and supplying this vital material for diverse applications.
🔟 1. H.C. Starck
Headquarters: Goslar, Germany
Key Offering: High-purity Chromium Boride powders, sputtering targets, and custom boride alloys
H.C. Starck stands as a global leader in refractory metals and advanced ceramics, with a strong emphasis on boride materials like Chromium(III) boride. The company supplies high-quality powders and targets used in physical vapor deposition (PVD) processes for creating thin films in electronics and optics. Their expertise in plasma rotation electrode process (PREP) ensures ultra-fine particle sizes and consistent purity levels, making their products ideal for demanding applications in semiconductor fabrication and protective coatings.
Innovation Focus:
-
Development of nano-structured borides for enhanced wear resistance
-
Collaborations with research institutions on next-generation sputtering materials
-
Investment in sustainable production methods to reduce energy consumption in synthesis
Download FREE Sample Report: Chromium(III) Boride Market – View in Detailed Research Report
9️⃣ 2. Treibacher Industrie AG
Headquarters: Althofen, Austria
Key Offering: Chromium Boride granules, powders for wear-resistant applications, and refractory compounds
Treibacher Industrie AG is renowned for its production of advanced abrasives and functional ceramics, including Chromium(III) boride tailored for high-wear environments. Operating across Europe and beyond, the company provides materials that enhance the longevity of cutting tools, engine components, and industrial machinery. Their commitment to quality control and customization allows clients in the automotive and tooling sectors to achieve superior performance through boride-infused coatings.
Innovation Focus:
-
Advancements in chemical vapor deposition (CVD) compatible boride formulations
-
Partnerships with European manufacturers for integrated coating solutions
8️⃣ 3. Materion Corporation
Headquarters: Mayfield Heights, Ohio, USA
Key Offering: Precision-engineered Chromium Boride targets, thin-film materials, and alloy powders
Materion Corporation excels in the design and manufacture of advanced materials for electronics and aerospace, with Chromium(III) boride forming a key part of their portfolio for sputtering and evaporation applications. Their products support the creation of hard, adherent coatings that protect against abrasion and oxidation. By leveraging decades of experience in vacuum deposition, Materion serves major players in the display technology and microelectronics industries, ensuring reliable supply chains for high-purity needs.
Innovation Focus:
-
High-volume production of 3N purity borides for next-gen semiconductors
-
Research into composite materials combining borides with other refractory elements
7️⃣ 4. JAPAN NEW METALS Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: Ultra-high purity Chromium Boride for electronics, sputtering targets, and fire-proof additives
JAPAN NEW METALS is a prominent supplier in the Asian market, specializing in rare and refractory metals including Chromium(III) boride used in plasma etching and thermal spray coatings. The company’s rigorous purification processes meet the stringent requirements of Japan’s electronics giants, contributing to advancements in OLED displays and solar cells. Their focus on R&D ensures that products not only meet current standards but also anticipate future demands in precision manufacturing.
Innovation Focus:
-
Patented methods for achieving sub-micron particle sizes in boride powders
-
Expansion into Asia-Pacific markets with localized production facilities
Download FREE Sample Report: Chromium(III) Boride Market – View in Detailed Research Report
6️⃣ 5. Unichim International Pty. Ltd.
Headquarters: Bayswater, Australia
Key Offering: Chromium Boride powders, custom synthesis services, and wear-resistant formulations
Unichim International provides specialized chemicals for industrial applications, with Chromium(III) boride playing a vital role in their offerings for mining equipment and chemical processing. Based in Australia, they cater to the Asia-Pacific region’s growing infrastructure needs by supplying durable materials that withstand extreme conditions. Their agile production capabilities allow for quick response to client specifications, fostering long-term partnerships in sectors requiring robust protective layers.
Innovation Focus:
-
Development of eco-friendly synthesis routes for boride compounds
-
Supply chain optimizations for just-in-time delivery in remote industrial sites
5️⃣ 6. Micron Metals, Inc.
Headquarters: Elk Grove Village, Illinois, USA
Key Offering: Fine Chromium Boride powders, sputtering materials, and refractory mixes
Micron Metals specializes in micron-sized metal powders, including Chromium(III) boride for additive manufacturing and thermal spraying. Serving North American markets, the company supports innovations in aerospace components where lightweight yet tough coatings are essential. Their in-house atomization technology produces consistent particle distributions, enabling precise control over material properties and enhancing end-product performance in high-stress environments.
Innovation Focus:
-
Integration of borides in 3D printing filaments for complex geometries
-
Certifications for aerospace-grade materials to meet FAA standards
4️⃣ 7. Baoding Zhongpuruituo Technology Co., Ltd.
Headquarters: Baoding, China
Key Offering: Industrial-grade Chromium Boride for coatings, fire-proof bricks, and sputtering
Baoding Zhongpuruituo Technology is a rising force in China’s advanced materials landscape, producing cost-effective Chromium(III) boride for large-scale applications in construction and electronics. Their facilities leverage local resources to deliver high-volume supplies, supporting the rapid industrialization in Asia. By focusing on scalability and quality assurance, they bridge the gap between research and commercial production, aiding global clients in cost-sensitive projects.
Innovation Focus:
-
Scale-up of production for 2N purity segments in emerging markets
-
Collaborations with Chinese universities on boride nanocomposites
Download FREE Sample Report: Chromium(III) Boride Market – View in Detailed Research Report
3️⃣ 8. Jiangxi Ketai New Materials Co., Ltd.
Headquarters: Ganzhou, China
Key Offering: Chromium Boride concentrates, wear-resistant parts, and specialty powders
Jiangxi Ketai New Materials contributes to the boride market through its expertise in rare earth and refractory compounds, offering Chromium(III) boride for fire-proof linings and mechanical components. Operating from resource-rich Jiangxi province, the company emphasizes sustainable mining and processing to meet international environmental standards. Their products find use in steelmaking and ceramics, where thermal shock resistance is paramount, helping clients optimize operational efficiency.
Innovation Focus:
-
Exploration of boride applications in electric vehicle battery casings
-
Enhancement of supply chain traceability for global compliance
2️⃣ 9. American Elements
Headquarters: Los Angeles, California, USA
Key Offering: High-purity Chromium Boride elements, targets, and engineered nanomaterials
American Elements is a comprehensive supplier of advanced chemical elements, providing Chromium(III) boride in various forms for research and industrial use. Their vast catalog supports applications from laboratory sputtering to large-scale coating operations, with a focus on rapid prototyping and customization. By maintaining global distribution networks, they enable quick access to high-quality materials, accelerating innovation in fields like optics and defense.
Innovation Focus:
-
Broad portfolio expansion including doped borides for semiconductor doping
-
Digital tools for material selection and simulation
1️⃣ 10. Stanford Advanced Materials (SAM)
Headquarters: Lake Forest, California, USA
Key Offering: Custom Chromium Boride sputtering targets, powders, and coating services
Stanford Advanced Materials leads in providing tailored solutions for vacuum deposition, with Chromium(III) boride as a cornerstone for producing durable, low-friction surfaces. Serving research institutions and manufacturers worldwide, SAM’s state-of-the-art fabrication ensures compatibility with diverse deposition systems. Their emphasis on customer collaboration drives the adoption of borides in emerging technologies, from medical devices to renewable energy components.
Innovation Focus:
-
Advanced machining for complex target shapes in magnetron sputtering
-
Strategic alliances with tech firms for integrated material solutions
Get Full Report Here: Chromium(III) Boride Market – View in Detailed Research Report
🌍 Outlook: The Future of Chromium(III) Boride Market Is Innovative and High-Performance
The Chromium(III) boride market is experiencing steady evolution as industries seek materials that offer superior hardness and stability amid growing technological demands. Traditional applications continue to hold strong, but the sector is channeling significant resources into higher-purity variants, nanotechnology integrations, and expanded uses in sustainable manufacturing processes. With global supply chains maturing, particularly in Asia and North America, the market is poised for sustained growth through 2032.
Key segments like the 2N purity level are expected to lead, driven by cost-effectiveness in industrial coatings, while the sputtering target application remains dominant due to the boom in electronics. However, challenges such as raw material volatility and regulatory pressures on chemical production highlight the need for adaptive strategies among manufacturers.
📈 Key Trends Shaping the Market:
-
Expansion of production capacities in China and Southeast Asia to meet regional demand
-
Increasing adoption of 3N and higher purities for advanced semiconductor and aerospace uses
-
Digitalization in supply chains and predictive analytics for material forecasting
-
Growing alliances between boride suppliers and end-users for co-developed applications
Get Full Report Here: Chromium(III) Boride Market – View in Detailed Research Report
The companies highlighted here are not only supplying essential Chromium(III) boride materials—they are pioneering the next wave of innovations that will define high-performance applications across global industries.
