Press release
Global Cubic Boron Nitride Market 2016-2024| Competitors, Business Strategy and Key Players Analysis- Element Six, Momentive, ILJIN,Saint-Gobain, Sumitomo Electric Industries, Sandvik Hyperion, Tomei Diamond, FUNIK
Cubic boron nitride (CBN) is a synthetically manufactured material, which is second to only diamond in hardness. One of its common synthesis processes is direct conversion of hexagonal boron nitride to CBN by treating at high pressure and temperature. CBN abrasives possess characteristics that exceed the values of conventional abrasives; for example, high strength and hardness, resistance to chemicals, heat, and abrasion; and ability to maintain the sharp cutting edges during use.
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The report estimates and forecasts the cubic boron nitride market on the global and regional levels. The study provides forecast between 2016 and 2024 based on volume (tons) and revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the cubic boron nitride market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the cubic boron nitride market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of cubic boron nitride and global average price trend analysis.
The global cubic boron nitride market has been segmented as follows:
By Product
Inserts
Wheels
Mesh
Powder
By Application
Raw Abrasives
Coatings
Cutting & Grinding
Lapping & Polishing
Others
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Global Cubic Boron Nitride Market: Competitive Analysis
The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include 3M, Saint-Gobain, Element Six, NanoDiamond Products, Sandvik AB, Tomei Diamond Co. Ltd., Show Denko K.K., ILJIN Diamond Co. Ltd., and Asahi Diamond Industrial Co. Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
Global Cubic Boron Nitride Market: Segmentation
The study provides a comprehensive view of the cubic boron nitride market by dividing it into product, application and geography segments. The products have been segmented into inserts, wheels, mesh and powder. The applications are segmented into raw abrasives, coatings, cutting & grinding, lapping & polishing, and others. These segments have been analyzed based on historic, present, and future trends. Regional segmentation includes the current and forecast consumption of cubic boron nitride in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). Market segmentation includes demand for consumption in all the regions individually.
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Global Cubic Boron Nitride Market: Research Methodology
Secondary research sources that were typically referred to include, but were not limited to, European Powder Metallurgy Association (EPMA), Metal Finishing News (MFN), Unified Abrasives Manufacturers' Association (UAMA), Federation of the European Producers of Abrasives (FEPA), company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
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