Chromium boride is primarily used in high-temperature and wear-resistant applications due to its exceptional hardness and thermal stability. It serves as a key component in cutting tools, abrasives, and hard coatings for industrial machinery, where resistance to wear and deformation is critical. The material is also employed in aerospace and defense industries for protective coatings on components exposed to extreme conditions. Additionally, chromium boride finds use in nuclear reactors as a neutron absorber because of its favorable nuclear properties. Its ability to maintain structural integrity at elevated temperatures makes it suitable for use in refractory materials and advanced ceramic composites.