Increasing use as a Coating & Mold Release poised to boost the Global Hexagonal Boron Nitride Market growth

Pune, India, August, 2023 /press release/- Market Research Future Published a Cooked Research Report on Hexagonal Boron Nitride Market Research Report.

Market Research Future (MRFR) has published a cooked research report on the “Hexagonal Boron Nitride Market” that contains information from 2022 to 2032. The Global Hexagonal Boron Nitride Market is estimated to register a CAGR of 4% during the forecast period of 2022 to 2032.

MRFR recognizes the following companies as the key players in the Global Hexagonal Boron Nitride Market Saint-Gobain, Denka Company Limited, Momentive Performance Materials, Kennametal, C. Stark GMBH, Showa Denko K.K, Mizushima Ferroalloy, Henze BNP AG, ZYP COATING Inc., 3M.

Market Highlights

The Global Hexagonal Boron Nitride Market is accounted to register a CAGR of 4% during the forecast period and is estimated to reach USD 1.13864945 Billion by 2032.

Hexagonal Boron Nitride, also known as white graphite or boron nitride, is a compound composed of boron and nitrogen atoms arranged in a hexagonal lattice structure. It is a unique material that exhibits properties such as high thermal conductivity, excellent electrical insulation, high chemical stability, low friction coefficient, and high resistance to thermal shock. Due to these exceptional characteristics, hBN finds applications in various industries, including electronics, automotive, aerospace, ceramics, lubricants, coatings, and more. The Hexagonal Boron Nitride market is driven by several factors, including: The electronics and electrical industry relies heavily on hBN for applications such as thermal management materials, insulating coatings, and substrates due to its excellent thermal conductivity and electrical insulation properties. The demand for high-performance materials with exceptional thermal, electrical, and mechanical properties has been rising in various industries. Hexagonal Boron Nitride fits this requirement and is increasingly used in advanced applications.

Segment Analysis

The Global Hexagonal Boron Nitride Market has been segmented based on Type, and Application.

Based on Type, the market is segmented into Tubes, Rods, Plates, Gaskets, Crucibles, Sheets, Others. the tubes category emerged as the market leader, primarily driven by the rising demand for hexagonal boron nitride tubes in industries such as electronics, aerospace, and defense. These tubes are sought after for their exceptional thermal and chemical properties.

Based on Application, the Market has been segmented Electrical Insulation, Lubrication Industrial, Coatings & Mold Release, Cosmetics, Composites, Thermal Spray, Others. the coatings & mold release category stands as the market leader. In this category, hexagonal boron nitride coating is applied on various materials, including metal, plastic, ceramic, and wood. It forms a layer of boron nitride powder that can be applied as a thick liquid. This liquid can be brushed or thinned with water to achieve a consistency suitable for spraying or dipping.

Regional Analysis

The Global Hexagonal Boron Nitride Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Hexagonal Boron Nitride Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Hexagonal Boron Nitride Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Hexagonal Boron Nitride Market comprises of Middle East, Africa, and Latin America.

The Hexagonal Boron Nitride market in the Asia-Pacific region is expected to dominate the global market due to the region's reputation as a major hub for electronics and automotive manufacturing. Additionally, the personal care and cosmetics industry in the Asia-Pacific region is witnessing rapid expansion, with skin-lightening products and their alternatives being among the most popular skin care products in this area.

Europe's Hexagonal Boron Nitride market holds the second-largest market share, driven by a growing trend among consumers to take extra precautions to protect babies and children from prolonged sun exposure. Additionally, the climate in the region heavily influences the demand for sun care products among adults. Consumers are adopting a more holistic approach to sun protection, paying closer attention to U.V. levels and their impact on skin health and aging.

In North America, the market for Hexagonal Boron Nitride is projected to achieve the fastest compound annual growth rate (CAGR) from 2023 to 2032. This growth is attributed to the rising consumer awareness of the benefits of Hexagonal Boron Nitride products. The country is witnessing an increased adoption of personal care products, particularly in the premium category. There is also a growing awareness of maintaining a healthy lifestyle and nutrition, coupled with an increase in per capita disposable income, further driving the demand for Hexagonal Boron Nitride-based products in the region.

Key Findings of the Study

• The Global Hexagonal Boron Nitride Market is expected to reach USD 1.14 Billion by 2032, at a CAGR of 4% during the forecast period.


• The Indian Hexagonal Boron Nitride market has emerged as the fastest-growing market within the Asia-Pacific region, indicating a rapid expansion of Hexagonal Boron Nitride usage and demand in India.


• Based on Type, the Market has been segmented into Tube holding the largest market in 2022.


• Saint-Gobain, Denka Company Limited, Momentive Performance Materials, Kennametal, C. Stark GMBH, Showa Denko K.K, Mizushima Ferroalloy, Henze BNP AG, ZYP COATING Inc., 3M.

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