Boron Nitride Market will reach 8.6 million tons by 2023 growing at a CAGR of 5.0%

Supply Demand Market Research Presents an In-Depth Analysis of “Boron Nitride and Hot Pressed Shapes Market” Booming Globally by Key Futuristic Trends, Growth, Share, Size, Future Demand, Revenue, Outlook, standardization, deployment models, opportunities, future roadmap and more with five year of forecasts

The boron nitride market will reach 8.6 million tons by 2023 growing at a CAGR of 5.0 from 2018-2023. Boron Nitride and boron carbide are the major compounds. Boron Nitride market possess various high thermal conductivity, low thermal expansion, good thermal shock resistance, high electrical resistance, and high electrical resistance. The major factors contributing towards the growth are increasing demand from coating, mold industry, electrical industry, ceramics, and industrial

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In 2018, North America captured the largest share in boron nitride the market where as Asia Pacific will grow at a highest growth rate of 5.3% from 2018-2023. IN 2017, USA captured the largest market share in the boron nitride market. Emerging economies such as Middle East & South America will experience a CAGR % mainly due to growing industrialization, expansion of manufacturing facilities and stable economic growth.

Boron Nitride and Hot Pressed Shapes Market Key Players Covered:

• 3M Technical Ceramics / ESK Ceramics
• Accuratus Corporation
• American Elements
• Aremco Products Inc.
• Atlantic Equipment Engineers
• Bayvile Chemical Supply
• Bent Tree Industries
• Boron Compounds Limited
• BORTEK and Others

In 2017, the coating application captured the major market share in the boron nitride market. The applications of boron nitride are coating and mold/die release, electrical insulation, industrial lubrication, composites, cosmetics, lubricant food grade, paints, thermal spray and other. In coatings, they are mainly used in molds, troughs, furnace linings and light-metal applications. In aerospace, it is used in thermal spray coatings, in turbine engines, dynamic friction materials, and erosion resistant coatings.

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The company is focusing on expanding their production capacity all the major applications. The major players in the boron nitride powder market are 3M Technical Ceramics / ESK Ceramics, Accuratus Corporation, American Elements, Aremco Products Inc., Atlantic Equipment Engineers, Bayvile Chemical Supply, Bent Tree Industries, Boron Compounds Limited, BORTEK, Ceramic Substrates and Components Limited, Chengdu Huarui Industrial Limited, Dengchang Chemical Engineering Institute, Dangong Chemical Engineering Institute (DCEI), Denka Denki Kagaya Kogyo Kabushiki Kaisha, GoodFellow, H.C.Starck GmbH, Henze Boron Nitride Products AG, JSC ‘’Zaporozhsky Abrasivny Combinat’’, Kennametal, Kolortek Co., Ltd., Kurt J.Lesker Company and Others

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