openPR Logo
Press release

Hexagonal Boron Nitride Market Growth at 6.10% Manufactures, Types and Regions, Market Dynamics, & Forecast

02-05-2018 03:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Research Future

Hexagonal Boron Nitride Market

Hexagonal Boron Nitride Market

Synopsis of Hexagonal Boron Nitride Market:
Boron Nitride is a non-oxide ceramic with high thermal conductivity. There are four main types of boron nitride available in the market based on their crystal structures namely hexagonal BN (h-BN), cubic BN (c- BN), wurtzitic BN (w-BN) and rhombohedral BN (w-BN). Among the aforementioned structures of boron nitride, cubic and Hexagonal Boron Nitride are most commonly used ones, owing to their superior properties. Hexagonal Boron structure is similar to graphite, due to which it is also known by its alias name; white graphite. Some of the key properties of hexagonal boron nitride include high thermal conductivity, low thermal expansion, thermal shock resistance, high electrical resistance, non-toxicity, easily machinability, lubricity, chemical inertness, and non-wetting by most molten metals among others. The demand for Hexagonal Boron Nitride Market is primarily driven by the superior properties possessed by Hexagonal Boron Nitride. Unlike cubic boron nitride, the Hexagonal Boron Nitride has low density and high thermal conductivity. Various form of Hexagonal Boron Nitride include powders, dispersion of powder in liquid, and hot pressed shapes such as rods, tubes, gaskets, and crucibles among others. Owing to its superior properties of thermal stability, lubricity, and good dielectric properties it is widely used across an array of industries where in the latter properties are mandatory. For instance, Hexagonal Boron Nitride is used as an additive in lubricants due to its excellent lubrication properties.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1811

As per analysis, some of the market impetus factors and trends identified in the Global Hexagonal Boron Nitride Market includes the increasing demand for Hexagonal Boron Nitride from high temperature paints & coating application followed by increasing demand in electronics & electrical sector. One of the emerging applications of Hexagonal Boron Nitride in the global market is identified as the increasing demand from the personal care sector as an ingredient for various skincare products as well as other products such as make-ups, blushers, and foundation among others. Collectively, the increasing demand for Hexagonal Boron Nitride from the aforementioned industries and the subsequent growth of these industries will pulsate the overall demand for Hexagonal Boron Nitride. Noted trends in the global market include process and product development. As the major restraining factor of the market is identified as the high cost of Hexagonal Boron Nitride. For instance, small particle size and low purity product costs nearly USD 35-40/kg. Therefore, considering the demand manufacturers are actively involved in process and product development. Thus, creating cost-effective products without jeopardizing the quality and performance. According to MRFR analysis, the global Hexagonal Boron Nitride Market was valued at USD 610,056.8 thousand in 2016 and is expected to be valued at USD 916,934.4 thousand by the end of 2023, expanding at a CAGR of 6.10%.

Regional Analysis:
Geographically, Asia Pacific region is the largest market for Hexagonal Boron Nitride Market, which is estimated to grow at highest CAGR of 6.99% during the review period. This is attributed to a strong footprint of Hexagonal Boron Nitride manufacturers along with the emerging industrial sector in the region are some of the market impetus factors fostering growth of Hexagonal Boron Nitride Market in the region. Moreover, the factors such as bolstering growth of personal care industry is expected to boost the demand for Hexagonal Boron Nitride in the region.

Based on revenue, North America market accounts for the second-largest market share for Hexagonal Boron Nitride and is estimated register USD 213,558.1 thousand mark by value till the end of 2023. This is primarily owing to the presence of leading manufacturers in the region with superior product offering. The North America is which is followed by European market, which held 19.30% share of the market in 2016.

Segmentation:
The Global Hexagonal Boron Nitride Market is segmented on the basis of adhesive types, application and region. On the basis of type, Global Hexagonal Boron Nitride Market is segmented into tubes, rods, plates, gaskets, crucibles, and sheets among others. Based on application, the market is segmented into electrical insulation, lubricants industrial, coatings & mold release, cosmetics, composites and thermal spray among others.

Key Players:
Key players of the Global Hexagonal Boron Nitride Market are Saint-Gobain, Denka Company Ltd, Momentive Performance Materials Inc., Kennametal, H.C. Stark GmbH, Showa Denko K.K, Mizushima Ferroalloy Co., Ltd, Henze BNP AG, ZYP Coatings Inc, and 3M among others.

Get Complete Report @ https://www.marketresearchfuture.com/reports/hexagonal-boron-nitride-market-1811

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hexagonal Boron Nitride Market Growth at 6.10% Manufactures, Types and Regions, Market Dynamics, & Forecast here

News-ID: 929938 • Views:

More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through 2035
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years. Market Overview and Size The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends. Get Sample @ https://www.marketresearchfuture.com/sample_request/41217 Market Size and Growth The global washable
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR by 2032
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview: The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical

All 5 Releases


More Releases for Boron

Boron-10 and Boron-11 Market Revenue, Insights, Overview, Outlook, Analysis | Va …
Boron-10 and Boron-11 Market The element boron consists of two isotopes, boron-10 and boron-11. Boron-10 contains five protons and five neutrons, while boron-11 contains five protons and six neutrons. The global Boron-10 and Boron-11 market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-29Y16377/Global_Boron_10_and_Boron_11_Market_Research_Report_2024 North American market for Boron-10 and Boron-11 is estimated
Boron Minerals and Boron Chemicals Market To Stand Tall From 2016-2026
Boron Minerals and Boron Chemicals Market: Introduction Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew
Boron Market Growth Latest Report 2018 | Top Manufacturers Analysis – Boron Sp …
Adroit Market Research offers 2018 report on “Boron Market 2025” that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2025. About the Boron Market: One of the major factors driving the boron market growth is increasing demand for electronic products and rising penetration of fiberglass in markets predictably held by steel
Boron Minerals and Boron Chemicals Market to Witness Exponential Growth by 2016 …
Boron Minerals and Boron Chemicals Market: Introduction Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew
China Boron Carbide Market Research Report 2017 : Dalian Jinma Boron Technology, …
This report studies Boron Carbide in China market, focuses on the top players in China market, with capacity, production, price, revenue and market share for each manufacturer, covering 3M JSC “Zaporozhabrasive” Washington Mills H.C. Starck Dalian Jinma Boron Technology Dunhua Zhengxing Abrasive Mudanjiang Qianjin Boron Carbide Zhengzhou Yincheng Technology Songshan Special Materials Mudanjiang Chenxi Boron Carbide Songshan Boron Technology Dalian Zhengxing Abrasive Mudanjiang Hongda Boron Carbide Market Segment by Regions (provinces), covering South China East China Southwest China Northeast China North China Central China Northwest China Split by product Type, with production,
Boron Minerals and Boron Chemicals Market Estimated to Flourish by 2026
Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew water boron concentration is ranges from