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Hexagonal Boron Nitride Market Expected USD 1079.61 million Growth by 2026 | 3M, American Elements, Denka Company Limited, H.C. Starck, Henze Boron Nitride Products AG, Kennametal, MIZUSHIMA FERROALLOY and more

02-26-2019 04:08 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Hexagonal Boron Nitride Market Expected USD 1079.61 million

Hexagonal Boron Nitride Market is expected to rise from its initial estimated value of USD 690.28 million in 2018 to an estimated value of USD 1079.61 million by 2026, registering a CAGR of 5.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in demand for the product from the various applicable sectors and industries.

Key Insights in the report:
•Complete and distinct analysis of the market drivers and restraints
•Key Market players involved in this industry
•Detailed analysis of the Market Segmentation
•Competitive analysis of the key players involved

Get Exclusive Free Sample Report at: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-hexagonal-boron-nitride-market

The most stable crystalline form is the hexagonal one, also called h-BN, α-BN, g-BN, and graphitic boron nitride. Hexagonal boron nitride (point group = D6h; space group = P63/mmc) has a layered structure similar to graphite. Within each layer, boron and nitrogen atoms are bound by strong covalent bonds, whereas the layers are held together by weak van der Waals forces. The interlayer "registry" of these sheets differs, however, from the pattern seen for graphite, because the atoms are eclipsed, with boron atoms lying over and above nitrogen atoms. This registry reflects the polarity of the B–N bonds. Still, h-BN and graphite are very close neighbors and even the BC6N hybrids have been synthesized where carbon substitutes for some B and N atoms

Key Market Competitors: Global Hexagonal Boron Nitride Market:
•3M
•American Elements
•Denka Company Limited
•H.C. Starck GmbH
•Henze Boron Nitride Products AG
•Kennametal
•MIZUSHIMA FERROALLOY CO. LTD.
•UK Abrasives Inc
•Saint-Gobain
•SHOWA DENKO K.K.

Market Drivers:
• Increasing demand from various end-use industries due to the varied and effective characteristics of the product as compared to its alternatives is expected to drive the market growth
• Growth of the personal care and increased applications from the paints and coatings industry is also expected to drive the market growth
Market Restraints:
• High production and end-use costs of the products is expected to act as a restraint to the market growth
• Availability of cheaper alternatives is also expected to act as a restraint to the market growth

Speak To Our Analyst And Get Essential Industry Insights That Will Help Your Business Expand. Request Analyst Call for More Insight https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-hexagonal-boron-nitride-market

Key Developments in the Market:
In October 2017, SHOWA DENKO K.K. announced the completion of its acquisition of SGL CARBON SE. Through this acquisition SHOWA DENKO have achieved graphite electrode production centers in various regions, which are expected to increase their cost efficiency and help in achieving a greater market share.

Segmentation: Global Hexagonal Boron Nitride Market
• By Classification
o Premium Grade
o Standard Grade
o Custom Grade
• By Type
o Tubes
o Rods
o Powder
o Gaskets
o Plates & Sheets
o Others
• By Application
o Coatings/Mold Release/Spray
o Electrical Insulation
o Composites
o Industrial Lubricants
o Thermal Spray
o Personal Care
o Others
• By End-Users
o Aerospace
o Automotive
o Semiconductors & Electronics
o Others
• By Geography
o North America
…And More GET DETAILED TOC AT: https://databridgemarketresearch.com/toc/?dbmr=global-hexagonal-boron-nitride-market

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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