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Global PBN Crucible Market to Cross USD 550.00 Million by 2026

03-16-2020 01:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

Global PBN Crucible Market

Global PBN Crucible Market

Findings from Facts and Factors report "PBN Crucible Market By Type (Cylinder, Conical, and Custom-made), and By Application (Photovoltaics, Semiconductor, OLED, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global PBN Crucible market in 2019 was approximately USD 350.00 Million. The market is expected to grow at a CAGR of around 6.0% and is anticipated to reach around USD 550.00 Million by 2026.

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PBN Crucible is created by CVD (chemical vapor deposition) process to form its solid body and all the boron nitride crystals develop parallel to the surface of which the vapor is placed on. Thick wall products (>3mm) are usually not available because of the nature of the CVD process. PBN is also a good choice for extremely high purity boron nitride. PBN has great ductile strength. It is flawless for usage in a range of high temperature due to the special features of growing its strength as the temperature rises. The PBN crucibles are chemically non-toxic and stable. They're also resistant to corrosion though impurities are nearly non-detectable. These PBN crucibles are d thermal shock and high heat resistant with outstanding thermal insulation. PBN properties include outstanding ductile strength at chemical inertness, high temperatures, outstanding thermal conductivity, high purity, and high electrical resistivity.

The robust growth in the demand for smart electronics and is anticipated to fuel the demand for PBN crucible over the forecast period one of the major drivers for the market. The global PBN crucible market is expected to grow owing to the in-demand by an extensive focus on research and development by key players. High production costs associated when PBN crucible may hamper the market's growth. Research and development, innovations activities in the technology of the PBN Crucible and increased government investment in electronics industries are anticipated to open new avenues for the PBN Crucible market in the near future.

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On the basis of type, the global PBN Crucible market is segmented as a cylinder, conical, and custom-made. Among which conical segment was accounted for the major revenue share in the global PBN Crucible market in 2019. Conical PBN's guiding thermal conductivity can offer outstanding "heat spreading" ability for enhanced temperature regularity. The grouping of good thermal conductivity, high strength, and a low coefficient of thermal expansion, can form the material tremendously resistant to thermal shock. The innovation in the conical PBN Crucible in recent years is expected to positively impact segment growth. In 2019, the conical PBN Crucible segment was accounted for more than 40.0% of the global PBN crucible industries.

On the basis of application, the global PBN Crucible market is categorized into photovoltaics, semiconductor, OLED, and others. Among the aforementioned segment, the semiconductor segment was accounted for more than40.0% revenue share in 2019. High resistance to thermal shock allows rapid heating and cooling times & good thermal conductivity. These are the factors responsible for the growth in semiconductor applications in the PBN market over the forecast period. The growth in the electronics industry in the past few years has increased the demand for PBN crucibles in the semiconductor sector.

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On the basis of region the PBN Cruciblemarket is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the PBN Cruciblemarket among all the regions followed by Asific Pacific in terms of value.

Some of the key players operating in the market include Riber, Morgan Advanced Materials, Veeco Instruments Inc., Shin-Etsu MicroSi, Inc., Eberl MBE-Komponenten GmbH, Luxel Corporation, METTLER TOLEDO, Vital Materials Co., Limited, and SciTECH Solutions, among others.

This report segments the global PBN Crucible market as follows:

Global PBN Crucible Market: Type Analysis

Cylinder
Conical
Custom-made

Global PBN Crucible Market: Application Analysis

Photovoltaics
Semiconductor
OLED
Others

Global PBN Crucible Market: Regional Analysis

North America
U.S
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-East Asia
Rest of Asia pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC Countries
South Africa
Rest of Middle East & Africa

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