Hexagonal Boron Nitride Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The Market Research Update provide detailed report study and highlights market share and size, and regional changing trends, production value predication, new prospects for Hexagonal Boron Nitride market development rate. This study report offers a current scenario of the market. The report also comprises a several market dynamics.
The Hexagonal Boron Nitride is projected to rise moderately in the projected time frame of 2023-2030.
Hexagonal Boron Nitride (Hexagonal BN), h-BN, commonly known as white graphite, has a structure and properties similar to graphite. It has become one of the most popular dry lubricants due to its lubricating properties and inertness to molten metals and salts. And the hexagonal BN includes 3 grades: PG (Premium), SG (Standard) and CG (Custom).
Hexagonal BN (h-BN) is a white powder having a scaly crystalline structure similar to that of graphite, and is a chemically stable material, giving rise to moniker white graphite.
Hexagonal boron nitride industry concentration is not low. The top ten companies were estimated to account for 64.16% production volume market share in 2015. The production of hexagonal BN increased from 2949 MT in 2011 to 3655 MT in 2015, with an average growth rate of more than 5.52%. In the world wide, USA was the major manufacturing region, who accounted for about 35.27% production market share in the hexagonal BN industry in 2015. Saint-Gobain, Momentive, 3M, H.C.Starck and UK Abrasives are the global leading manufacturers of hexagonal BN.
Different application segments of the hexagonal BN include hexagonal BN composite ceramics, industrial packaging, cubic boron nitride (CBN), paints & coatings and lubricants industry, cosmetics industry and others. Composite ceramics was the largest consumed filed of hexagonal boron nitride in 2015 with consumption volume share 29.98%. However, paints & coatings and lubricants industry is also expected to be one of the fastest growing segments of the application market. Meanwhile, the cosmetics industry is also showing the steady growth.
The global hexagonal boron nitride market was dominated by USA with largest share- 32.37%- in total volume consumption in 2015. China was another leading regional market for hexagonal boron nitride due to increase in end-use applications in the region in 2015. Europe and Japan accounted for significant share in total volume consumption of hexagonal boron nitride in 2015.
Currently, HBN is more expensive. HBN prices 1MT at least in 26000USD above, on the whole, HBN has great profit margins. As technology advances, the slow downward trend in recent years will maintain in future too, as competition intensifies, prices gap between different brands will go on narrowing. Similarly, there will be fluctuation in gross margin. However, the grade, the price of good standard HBN products remains high.
We tend to believe that this industry has good prospects for development due to the rigid demand. Strong demand from various end-user industries is expected to boost the demand for h-BN in the years to come. However, high cost and complex manufacturing process is expected to be major concern for manufacturers.
Global Hexagonal Boron Nitride market size will increase to 280 Million US$ by 2030, from 260 Million US$ in 2020, at a CAGR of 0.8% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Hexagonal Boron Nitride.
Objectives of Research:
- The overview of the global Hexagonal Boron Nitride market
- Report comprised of the market companies, to describe and define and analyze the Hexagonal Boron Nitride market value, share competition landscape, development plans and SWOT analysis.
- The report also involves the structure of the industry by identifying its several sub-segments.
- To observe the industry with reverence to individual future prospects, development trends, and contribution to the overall market.
Major Players in the Market:
The major competitors working in the market are:
, Saint-Gobain, Momentive, 3M company, H.C.Starck, UK Abrasives, Denka, Henze, Showa Denko Group, Boron Compounds, Xinfukang, Qingzhou Fangyuan, DCEI, Zibo Jonye Ceramic Technologies, YingKou Liaobin, QingZhouMaTeKeChang Materials, Baoding Pengda, DANGDONG RIJIN, Eno High-Tech Material, QingZhou Longjitetao, Liaoning Pengda Technology
Market by Order Type
Premium Grade(PG)
Standard Grade(SG)
Custom Grade(CG)
Hexagonal Boron Nitride Data by Application
Hexagonal Boron Nitride Composite Ceramics
Preparation of Cubic Boron Nitride (CBN)
Paints & Coatings and Lubricants Industry
Cosmetics Industry
Industrial Packing
Others
Hexagonal Boron Nitride Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
Our team of enthusiastic analysts, research experts, and experienced forecasters work precisely to produce such kind of market report. The research report defines USD values, CAGR (compound annual growth rate) values and their variations for the precise projected time frame.
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The research information and studies associated with participant analysis keep the competitive landscape noticeably into the focus with which the market can select or advance their own policies to increase in the market growth.
The Key Questions Answered In Market Report Are:
- Summary of the Hexagonal Boron Nitride market comprising definition
- Hexagonal Boron Nitride Market Growth Drivers, Restrains, Challenges and opportunities
- Major trends which is impacting the global Hexagonal Boron Nitride market
- Hexagonal Boron Nitride Market segmentation and complete information about the market
- Regional analysis of the market
- Which regional market will develop as a champion at intervals in the coming years?
- What are the top companies at intervals in the global Hexagonal Boron Nitride market?
- What are the growth strategies of the key players to sustain hold at intervals in the global Hexagonal Boron Nitride market?
Table of Content
Hexagonal Boron Nitride Market – Overview
1.1 Definitions, Overview, and Scope
1.2 Drivers, Restrain, Challenges, Opportunities
Hexagonal Boron Nitride Market – Executive Summary
2.1 Market Revenue and Major Trends, and Challenges
Hexagonal Boron Nitride Market – Comparative Analysis
3.1 Product Benchmarking
3.2 Financial Overview
3.3 Market Cost Divided
3.4 Estimating Examination
Hexagonal Boron Nitride Market – Industry Market Entry Scenario
4.1 Governing Outline Summary
4.2 New Business index
4.3 Case Studies of Positive Schemes
Hexagonal Boron Nitride Market Forces
5.1 Market Drivers
5.2 Market Restrains
5.3 Market New Opportunities
5.4 Market Challenges
5.4 Porters five force model
Hexagonal Boron Nitride Market – Strategic Complete Overview
6.1 Value Chain Analysis
6.2 Market Opportunities Analysis
6.3 Market Challenges Analysis
6.4 Market Life Cycle
Hexagonal Boron Nitride Market – By Regions (Market Size –USD Million)
7.1 North America
7.2 Europe
7.3 Asia-Pacific
7.4 Middle East and Africa
7.5 Rest of the World
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