Global Super Hard Materials Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Diamond and Cubic Boron Nitride

By Form;

Monocrystalline, Polycrystalline, and Composite

By Cover;

Micron Diamond, Polycrystalline Diamond (PCD), Cubic Boron Nitride (CBN), and Polycrystalline Cubic Boron Nitride (PCBN)

By Application;

Shipbuilding, Saw Blades, Diamond Disc, Diamond Drill Bits, Cutting Tools, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn577175205 Published Date: May, 2025 Updated Date: June, 2025

Super Hard Materials Market Overview

Super Hard Materials Market (USD Million)

Super Hard Materials Market was valued at USD 6,669.97 million in the year 2024. The size of this market is expected to increase to USD 9,897.46 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Global Super Hard Materials Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 6,669.97 Million
Market Size (2031)USD 9,897.46 Million
Market ConcentrationMedium
Report Pages392
6,669.97
2024
9,897.46
2031

Major Players

  • Element Six
  • Sandvik Group
  • Sino-Crystal Diamond
  • SF-Diamond

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Super Hard Materials Market

Fragmented - Highly competitive market without dominant players


The Super Hard Materials Market is experiencing consistent growth, driven by the rising demand for advanced cutting, grinding, and drilling tools across diverse industrial applications. These materials, including diamond, cubic boron nitride (CBN), and polycrystalline composites, are prized for their exceptional hardness and wear resistance, making them essential in high-stress environments. Notably, over 60% of market demand stems from the automotive, aerospace, and electronics sectors, reflecting their critical role in precision manufacturing.

High-Performance Cutting and Grinding Tools
Super hard materials are integral to cutting and grinding tools, known for their ability to maintain structural integrity under extreme conditions. This market segment accounts for nearly 45% of demand, highlighting the crucial role of these materials in precision machining. Additionally, continuous innovations in tool design have enabled broader use in high-speed machining and microelectronics applications, enhancing both efficiency and durability.

Innovations in Material Synthesis and Manufacturing
Advancements in material synthesis and manufacturing processes have significantly enhanced the performance of super hard materials. Around 35% of recent product innovations focus on improving thermal stability and chemical resistance, supporting their use in challenging industries such as oil and gas, mining, and construction. These breakthroughs are redefining industry standards by delivering customized solutions for diverse operational needs.

Focus on Sustainability and Environmental Impact
Environmental concerns are driving the super hard materials market towards sustainable production methods. Over 40% of industry players now prioritize recyclable and eco-friendly manufacturing, aligning their strategies with global sustainability goals. This shift reflects the growing importance of resource efficiency and environmental responsibility in the sector.

Market Growth and Future Outlook
With ongoing technological advancements and increasing industrial automation, the super hard materials market is poised for sustained growth. Nearly 50% of current market investments are focused on R&D and capacity expansion, highlighting the industry's long-term potential. Additionally, the adoption of artificial intelligence and machine learning for predictive maintenance is expected to further accelerate market demand, reinforcing its vital role in modern industrial processes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Cover
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Super Hard Materials Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand from Automotive and Aerospace Industries
        2. Growing Adoption in Electronics and Semiconductor Manufacturing
        3. Expanding Applications in Oil & Gas and Mining Industries
        4. Rising Applications in the Building and Construction Sector
      2. Restraints
        1. High Production Costs
        2. Technological Complexity and R&D Challenges
        3. Environmental Regulations and Sustainability Concerns
        4. Raw Material Price Volatility
      3. Opportunities
        1. Technological Innovations
        2. Increasing Demand from Aerospace and Defense Industries
        3. Growth in Automotive and Electronics Sectors
        4. Increasing Demand for Materials in the Stone and Construction
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Super Hard Materials Market, By Type, 2021 - 2031 (USD Million)
      1. Diamond
      2. Cubic Boron Nitride
    2. Super Hard Materials Market, By Form, 2021 - 2031 (USD Million)
      1. Monocrystalline
      2. Polycrystalline
      3. Composite
    3. Super Hard Materials Market, By Cover, 2021 - 2031 (USD Million)
      1. Micron Diamond

      2. Polycrystalline Diamond (PCD)

      3. Cubic Boron Nitride (CBN)

      4. Polycrystalline Cubic Boron Nitride (PCBN)

    4. Super Hard Materials Market, By Application, 2021 - 2031 (USD Million)
      1. Shipbuilding

      2. Saw Blades

      3. Diamond Disc

      4. Diamond Drill Bits

      5. Cutting Tools

      6. Others

    5. Super Hard Materials Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Element Six
      2. Sandvik AB
      3. ILJIN Diamond
      4. Zhongnan Diamond
      5. Huanghe Whirlwind
      6. Sino-Crystal Diamond
      7. SF-Diamond
      8. Yalong Super Hard Materials
      9. Tomei Diamonds
      10. Zhecheng Hongxiang Superhard Material Co., Ltd.
      11. Besco Superabrasives
      12. CR GEMS
      13. Anhui HongJing
  7. Analyst Views
  8. Future Outlook of the Market