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Hexagonal Boron Nitride Market Competitive Research And Precise Outlook 2020 To 2025

11-21-2020 11:26 AM CET | Science & Education

Press release from: Market Insights Reports

The Hexagonal Boron Nitride Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Hexagonal Boron Nitride market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). The report explores the current outlook in global and key regions from the perspective of players, countries, product types, and end industries. This Hexagonal Boron Nitride Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Hexagonal Boron Nitride Market: 
Saint-Gobain, Xinfukang, Momentive, H.C.Starck, UK Abrasives, 3M company, Showa Denko Group, Denka, Boron Compounds, Henze, Baoding Pengda, Eno High-Tech Material, DANGDONG RIJIN, Qingzhou Fangyuan, YingKou Liaobin, Zibo Jonye Ceramic Technologies, Liaoning Pengda Technology, QingZhouMaTeKeChang Materials, DCEI, QingZhou Longjitetao

According to this study, over the next five years, the Hexagonal Boron Nitride market will register a 0.8% CAGR in terms of revenue, the global market size will reach $ 272 million by 2025, from $ 263.2 million in 2019.

Market Overview
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 the moniker "white graphite."

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Market Insights
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 worldwide, the USA was the major manufacturing region, which 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 field of hexagonal boron nitride in 2015 with a consumption volume share of 29.98%. However, the 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 steady growth.

The global hexagonal boron nitride market was dominated by the USA with the largest share- 32.37%- in total volume consumption in 2015. China was another leading regional market for hexagonal boron nitride due to an increase in end-use applications in the region in 2015. Europe and Japan accounted for a 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 the future too, as competition intensifies, the price 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.

The Hexagonal Boron Nitride market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.

This report segments the global Hexagonal Boron Nitride Market based on Types are:
Premium Grade(PG)
Standard Grade(SG)
Custom Grade(CG)

Based on Application, the Global Hexagonal Boron Nitride Market is Segmented into:
Hexagonal Boron Nitride Composite Ceramics
Preparation of Cubic Boron Nitride (CBN)
Paints & Coatings and Lubricants Industry
Cosmetics Industry
Industrial Packing
Others

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Regions are covered By Hexagonal Boron Nitride Market Report 2020 To 2025.

North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Hexagonal Boron Nitride Market
-Changing the Hexagonal Boron Nitride market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Hexagonal Boron Nitride market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Hexagonal Boron Nitride Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions about Hexagonal Boron Nitride market:

- What are the market opportunities and threats faced by the key players?
- Why might we forecast a downturn in a particular economy next year?
- What are the challenges to market growth?
- What countries and sectors offer the highest potential?
- Where are the greatest dangers?

The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/11102441010/global-hexagonal-boron-nitride-market-growth-2020-2025?Source=Openpr&Mode=46

What the report purchase provides access to:

1- Report in PDF format for all License types
2- Report in Excel + PDF format for Team and Corporate Licenses
3- Free analyst support for 6 months
4- Free report update with the Corporate User License
5- 15% free customization equal to 60 analyst hours.

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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