Hexagonal Boron Nitride Market Research Report- Forecast to 2027

Global Hexagonal Boron Nitride Market By Type (Tubes, Rods, Plates, Gaskets, Crucibles, Sheets and Others), By Application (Electrical Insulation, Lubrication Industrial, Coatings & Mold Release, Cosmetics, Composites, Thermal Spray and Others) and - Forecast till 2027

ID: MRFR/CnM/1279-CR | September, 2018 | Region : Global

Market Overview


Hexagonal Boron Nitride Market is anticipated to observe stable growth in the future as per a report released by Market Research Future. In 2017, hexagonal boron nitride's worldwide supply withstood the earlier year's upward impetus. The market is anticipated to go beyond USD 900 Mn's appraisal revenue by 2023. The cosmetic & personal care industry will stay as one of the critical end-users of hexagonal boron nitride throughout the forecast period. The material finds numerous other industrial purposes such as electrical products manufacturing and metal processing due to its adaptable properties.


COVID-19 Analysis


The outlook of stockholders toward the chemical industry is likely to change this year more so than before. The conventional overperformance of the chemical industry has decelerated over recent years and turned into a troubling deficit unrelated to the COVID-19 crisis. The chemical industry's incomes are coupled to GDP development, and the upper line of chemical companies will plunge a little more than the GDP. In contrast, companies downstream in the individual value chains will evacuate their stockrooms. In return, the lift after the depression of the crisis will be much advanced than the increase in GDP because the very same downstream businesses will need to restock.


Market Dynamics


Drivers


Superior Properties Of Hexagonal Boron Nitride


The noteworthy properties such as chemical inertness, elevated thermal conductivity, elevated electrical resistance, and lubricity are anticipated to create avenues for the hexagonal boron nitride market share. These qualities act as an essential factor for the growth of the hexagonal boron nitride properties market. They make it superior to its alternative, graphite, thus propelling the demand for hexagonal boron nitride.


Substantial Growth Of Personal Care Industry


The hexagonal boron nitride has found widespread uses in the cosmetics and personal care industry. Personal care and cosmetics products are a high-value sector increasing chiefly in emerging economies responsible for mounting the hexagonal boron nitride market stake. It is recognized as a non-toxic and ecological element expended in over 643 cosmetics formulations, used as a diffuser and lubricant in skincare and makeup products.


Demand For Hexagonal Boron Nitride From Metal Processing And Electrical & Electronics


The enormous boom perceived in the electrical & electronics business has augmented the requirement for hexagonal boron nitride owing to its use in the substrate for coolers and semiconductors. The growing need for the consumer and motorized electronics related to the development of the electronics and semiconductors sectors in the forecast period.


Opportunities


Process And Product Development


The advancements seen in process and products are projected to create profitable opportunities in the forecast period.


Rise In Disposable Income


The increasing disposable returns globally, the resulting increase in consumer electronics expenditure, and the quickly bourgeoning personal care sector are expected to disclose new hexagonal boron nitride market applications in the coming years.


Capacity Expansion And Migration Of Cosmetic Manufacturers


The lucrative demand from the cosmetic sector, spurred by global demand, is estimated to improve the reach into new and developing regional markets in the forecast period.


Challenges


High Price Of Hexagonal Boron Nitride


The cost restraint is foreseen to create restrictions for the hexagonal boron nitride market growth in the upcoming years.


Segment Overview


By Type


The tube segment has the most significant share of the hexagonal boron nitride market of 17.63%, with an expected CAGR of 6.68% throughout the forecast period. Furthermore, the tubes segment will witness the fastest evolution and result in market worth of USD 178,496.2 Thousand by the review period's conclusion


By Application


The coatings & mold release segment has the principal market segment, stating control of nearly one-third of global use. The region is projected to flourish at a CAGR of 6.46% throughout the forecast period. It has also been governed that the market worth for the coatings and mold release segment will touch an appraised value of USD 321,348.9 Thousand by the culmination of 2023.


Regional Analysis


APAC To Report Positive Growth Cues


The Asia Pacific market embodies the principal regional market with a market portion of over 38% and is anticipated to grow at the maximum CAGR of 6.99% throughout the forecast period. The region is controlled by China's market, which has the principal share in the APAC hexagonal boron nitride market, with India showing a rapid growth in the forecast period. The region has been well-known as a manufacturing center for the electronics and automotive sectors. Furthermore, the region's development and other socio-economic influences have augmented the consumers' buying power in the region, thus steering to an elevated demand for consumer electronics. Moreover, the personal care and cosmetics industry is escalating rapidly with skin lightening products and their alternatives among the most purchased skin care products in the APAC.


MEA To Show Robust Overall Growth


The presence of significant openings for the hexagonal boron nitride market owing to the extensive use and need for personal care merchandise is estimated to enhance the hexagonal boron nitride market. Compared to the APAC, skin lightening creams and other similar products are highly popular in the region, leading to market growth.


Competitive Landscape


The central companies in the Hexagonal Boron Nitride Market are



  • 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


Recent Developments


Dec 2020 AIXTRON has advanced, built, and fitted a new, detailed industrial-grade reactor for graphene and hexagonal Boron Nitride (hBN), giving out 200 mm epi-wafers. The novel CVD tool was advanced as an allotment of the GIMMIK research project and has recently gone into operation. The GIMMIK project plans to assess graphene layers' production under industrial conditions, mark weak points, and design ways to eliminate error sources. Also, the transmission of graphene properties to electrical mechanisms and a material setting is tested. In parallel, approaches for the contact-free, large-area description of graphene will be advanced, which do not yet exist.


Aug 2020 Cornell academics recently utilized an ultrathin graphene and hexagonal boron nitride 'sandwich' to produce a tiny magnetic field sensor that can operate over a greater temperature range than previous sensors sensing tiny changes in magnetic fields that might otherwise get lost within a more substantial magnetic setting. Nowack's lab focuses on operating scanning probes to oversee magnetic imaging. One of their go-to probes is the superconducting quantum interference device, or SQUID, which works well at low temperatures and in minor magnetic fields.


Report Overview


By Type



  • Tubes

  • Rods

  • Discs

  • Gaskets

  • Crucible

  • Sheets

  • Others


By Application



  • Electrical & Insulation

  • Lubrication

  • Coatings & Mold Release

  • Cosmetics

  • Composites

  • Thermal Spray

  • Others

A thorough assessment of the global hexagonal boron nitride market determines that the market is poised to register a CAGR of 6.10% during the forecast period of 2017 to 2023. Hexagonal boron nitride displays superiority in performance to its alternative and has a wide scope of application across rapidly growing industries. Valued at USD 610.05 Mn in 2016, the global hexagonal boron nitride market is expected to grow to generate an approximate market value of USD 916.93 Mn by the end of 2023.


Hexagonal boron nitride has several key properties such as chemical inertness, high electrical resistance, high thermal conductivity and lubricity among others. These features act as a significant driver of the market as hexagonal boron nitride properties make it superior to its alternative, graphite, thus propelling the demand for hexagonal boron nitride. The features that hexagonal boron nitride possesses make it highly popular in coatings and mold release. High thermal conductivity has created a substantial demand for hexagonal boron nitride in thermal coating applications for semiconductors in the electronics and electrical industry. Other industries where demand is growing due to the rapid growth of the industry include the automotive sector and industrial equipment sector. Notably, hexagonal boron nitride has found extensive applications in the cosmetics and personal care industry. Personal care and cosmetics, a high-value industry which is growing rapidly, particularly in emerging economies, is responsible for the increasing demand for hexagonal boron nitride. Used as a diffuser and lubricant in skincare and makeup products, hexagonal boron nitride is recognized as a non-toxic and eco-friendly ingredient which is used in over 643 cosmetic formulas. The growth of the skin care segment of the personal care industry is expected to provide substantial revenue for the global hexagonal nitride market over the forecast period.


The price point of hexagonal boron nitride is high compared to its alternative. Available in a variety of forms at different price points, higher priced hexagonal boron nitride has more desirable properties than lower priced boron nitride. However, production methods are being impacted by advancements in technology with the purpose of reducing costs while meeting market demand for the product. Rising disposable incomes across the globe and the resulting increase in spending on consumer electronics and the rapidly growing personal care sector are expected to reveal market opportunities in the coming years.


The global hexagonal boron nitride market is segmented, in the report, on the basis of type, applications, and region. By type, the market is segmented into rods, discs, gaskets, sheets, crucible, tubes, and others. Among these segments, the tube segment accounts for the most significant share of the market of 17.63% with an anticipated CAGR of 6.68% over the assessment period. Moreover, the tubes segment is set to witness the fastest growth and result in a market value of USD 178,496.2 Thousand by the end of the review period.


By application, the market is segmented into lubrication, electrical & insulation, coatings & mold release, cosmetics, composites, thermal spray, and others. The coatings & mold release segment accounts for the largest share of the market, accounting for nearly one-third of global consumption. Expected to grow at a CAGR of 6.46% during the forecast period, it has also been determined that the market value for the coatings and mold release segment will reach an estimated value of USD 321,348.9 Thousand by the end of 2023. Meanwhile, the cosmetics segment is expected to witness the highest growth at a CAGR of 6.89%.


Regional Analysis


The global hexagonal boron nitride market is segmented by region which includes North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific (APAC) market represents the largest regional market with a market share of over 38% and is expected to grow at the highest CAGR of 6.99% during the forecast period. The region is led by China which has the largest share of the APAC hexagonal boron nitride market with India displaying rapid growth over the forecast period. The region has been established as a manufacturing hub for the electronics and automotive sector. Moreover, the urbanization in the region and other socio-economic factors have increased consumers' purchasing power in the region, thus leading to high demand for consumer electronics, thus by extension, the demand for hexagonal boron nitride in the region is growing. Additionally, the personal care and cosmetics industry are growing at a truly swift pace. Skin lightening products and their variants are among the most purchased skin care products in the APAC where hexagonal boron nitride is used as an important ingredient, thus increasing market growth.


The Middle East and African region, with a stronger emphasis on Middle Eastern countries also represent significant opportunities for the global hexagonal boron nitride market due to the extensive use and demand of personal care products in the region. Comparable to the APAC, skin lightening creams and other similar products are highly popular in the region, thus leading to growth for the market.


Competitive Tracking


The global hexagonal boron nitride market has several key players operating in the competitive landscape of the market. Prominent players included in the report are Saint-Gobain, Denka Company Limited, Momentive Performance Materials, Kennametal, H.C. Stark GmBH, Showa Denko K.K, Mizushima Ferroalloy, Henze BNP AG, ZYP COATING Inc., and 3M.

1 Report Prologue

2 Scope Of The Report

2.1 Market Definition 15

2.2 Scope Of The Study 15

2.2.1 Research Objectives 15

2.2.2 Assumptions 16

2.2.3 Limitations 16

2.3 Markets Structure 16

3 Research Methodology

3.1 Research Process 17

3.2 Primary Research 18

3.3 Secondary Research 18

3.4 Market Size Estimation 18

4 Market Dynamics

4.1 Introduction 21

4.2 Drivers 22

4.2.1 Superior Properties Of Hexagonal Boron Nitride Over Its Counterparts To Pulsate Demand Among Different End-Use Industries (55% Impact Weightage) 22

4.2.2 Substantial Growth Of Personal Care Industry To Augment Demand For Hexagonal Boron Nitride (25% Impact Weightage) 23

4.2.3 Demand For Hexagonal Boron Nitride From Metal Processing And Electrical & Electronics Industry (20% Impact Weightage) 24

4.3 Restraints 25

4.3.1 High Price Of Hexagonal Boron Nitride Over Available Alternatives 25

4.4 Trends & Opportunities 26

4.4.1 Process And Product Development By Manufacturers 26

4.4.2 Rise In Disposable Income Coupled With Increased Spending On Consumer Electronics 26

4.4.3 Capacity Expansion And Migration Of Cosmetic Manufacturers In The Middle East & Africa Market To Offer Lucrative Opportunities For Hexagonal Boron Nitride Manufactures 27

5 Market Factor Analysis

5.1 Supply Chain Analysis 28

5.1.1 Raw Material Suppliers 28

5.1.2 Hexagonal Boron Nitride Manufacturers 28

5.1.3 Distribution Channel 28

5.1.4 End-User Industry 29

5.2 Porter’s Five Analysis 29

5.2.1 Threat Of New Entrants 29

5.2.2 Threat Of Rivalry 29

5.2.3 Threat Of Substitute 29

5.2.4 Bargaining Power Of Supplier 30

5.2.5 Bargaining Power Of Buyers 30

5.3 PESTLE Analysis 30

5.4 Market Pricing Analysis 30

6 Global Hexagonal Boron Nitride Market, By Type

6.1 Introduction 32

6.2 Tubes 35

6.3 Rods 36

6.4 Discs 37

6.5 Gaskets 38

6.6 Crucible 39

6.7 Sheets 40

6.8 Others 41

7 Global Hexagonal Boron Nitride Market, By Application

7.1 Introduction 43

7.2 Electrical & Insulation 46

7.3 Lubrication 47

7.4 Coatings & Mold Release 48

7.5 Cosmetics 49

7.6 Composites 51

7.7 Thermal Spray 52

7.8 Others 53

8 Global Hexagonal Boron Nitride Market, By Region

8.1 North America 59

8.1.1 US 63

8.1.2 Canada 65

8.2 Europe 68

8.2.1 Germany 72

8.2.2 UK 75

8.2.3 France 78

8.2.4 Spain 80

8.2.5 Italy 83

8.2.6 Russia 86

8.2.7 Poland 88

8.2.8 Rest Of Europe 91

8.3 Asia Pacific 94

8.3.1 China 98

8.3.2 Japan 100

8.3.3 India 103

8.3.4 ASEAN 106

8.3.5 South Korea 108

8.3.6 Rest Of Asia Pacific 111

8.4 Latin America 114

8.4.1 Brazil 118

8.4.2 Mexico 120

8.4.3 Rest Of Latin America 123

8.5 Middle East & Africa 126

8.5.1 Turkey 130

8.5.2 Israel 132

8.5.3 G.C.C 135

8.5.4 North Africa 138

8.5.5 Rest Of Middle East & Africa 141

9 Company Profiles

9.1 Saint-Gobain 144

9.1.1 Company Overview 144

9.1.2 Financials 144

9.1.3 Products 144

9.1.4 Strategy 144

9.1.5 Key Developments 144

9.1.6 SWOT Analysis 145

9.2 Denka Company Limited 146

9.2.1 Company Overview 146

9.2.2 Financials 146

9.2.3 Products 146

9.2.4 Strategy 146

9.2.5 . Key Developments 146

9.2.6 SWOT Analysis 147

9.3 Momentive Performance Materials 148

9.3.1 Company Overview 148

9.3.2 Financials 148

9.3.3 Products 148

9.3.4 Strategy 148

9.3.5 Key Developments 148

9.3.6 SWOT Analysis 149

9.4 Kennametal 150

9.4.1 Company Overview 150

9.4.2 Financials 150

9.4.3 Products 150

9.4.4 Strategy 150

9.4.5 Key Developments 150

9.4.6 SWOT Analysis 151

9.5 H.C. Stark GmBH 152

9.5.1 Company Overview 152

9.5.2 Financials 152

9.5.3 Products 152

9.5.4 Strategy 152

9.5.5 Key Developments 152

9.5.6 SWOT Analysis 153

9.6 Showa Denko K.K 154

9.6.1 Company Overview 154

9.6.2 Financials 154

9.6.3 Products 154

9.6.4 Strategy 154

9.6.5 Key Developments 154

9.6.6 SWOT Analysis 155

9.7 Mizushima Ferroalloy 156

9.7.1 Company Overview 156

9.7.2 Financials 156

9.7.3 Products 156

9.7.4 Strategy 156

9.7.5 Key Developments 156

9.7.6 SWOT Analysis 157

9.8 Henze BNP AG 158

9.8.1 Company Overview 158

9.8.2 Financials 158

9.8.3 Products 158

9.8.4 Strategy 158

9.8.5 Key Developments 158

9.8.6 SWOT Analysis 159

9.9 ZYP COATING Inc. 160

9.9.1 Company Overview 160

9.9.2 Financials 160

9.9.3 Products 160

9.9.4 Strategy 160

9.9.5 Key Developments 160

9.10 3M 161

9.10.1 Company Overview 161

9.10.2 Financials 161

9.10.3 Products 161

9.10.4 Strategy 161

9.10.5 Key Developments 161

9.10.6 SWOT Analysis 162

10 Conclusion

11 List Of Tables

TABLE 1 GLOBAL HEXAGONAL BORON NITRIDE MARKET PRICING & FORECAST (USD/TON) (2015–2023) 31

TABLE 2 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 33

TABLE 3 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (TONS) 34

TABLE 4 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR TUBES, BY REGION 2020-2027 (USD THOUSAND) 35

TABLE 5 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR TUBES, BY REGION 2020-2027 (TONS) 35

TABLE 6 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR RODS, BY REGION 2020-2027 (USD THOUSAND) 36

TABLE 7 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR RODS, BY REGION 2020-2027 (TONS) 36

TABLE 8 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR DISCS, BY REGION 2020-2027 (USD THOUSAND) 37

TABLE 9 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR DISCS, BY REGION 2020-2027 (TONS) 37

TABLE 10 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR GASKETS, BY REGION 2020-2027 (USD THOUSAND) 38

TABLE 11 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR GASKETS, BY REGION 2020-2027 (TONS) 38

TABLE 12 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR CRUCIBLE, BY REGION 2020-2027 (USD THOUSAND) 39

TABLE 13 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR CRUCIBLE, BY REGION 2020-2027 (TONS) 39

TABLE 14 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR SHEETS, BY REGION 2020-2027 (USD THOUSAND) 40

TABLE 15 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR SHEETS, BY REGION 2020-2027 (TONS) 40

TABLE 16 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR OTHERS, BY REGION 2020-2027 (USD THOUSAND) 41

TABLE 17 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR OTHERS, BY REGION 2020-2027 (TONS) 42

TABLE 18 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 44

TABLE 19 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 45

TABLE 20 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR ELECTRICAL & INSULATION, BY REGION 2020-2027 (USD THOUSAND) 46

TABLE 21 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR ELECTRICAL & INSULATION, BY REGION 2020-2027 (TONS) 46

TABLE 22 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR LUBRICATION, BY REGION 2020-2027 (USD THOUSAND) 47

TABLE 23 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR LUBRICATION, BY REGION 2020-2027 (TONS) 47

TABLE 24 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR COATINGS & MOLD RELEASE, BY REGION 2020-2027 (USD THOUSAND) 48

TABLE 25 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR COATINGS & MOLD RELEASE, BY REGION 2020-2027 (TONS) 49

TABLE 26 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR COSMETICS, BY REGION 2020-2027 (USD THOUSAND) 49

TABLE 27 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR COSMETICS, BY REGION 2020-2027 (TONS) 50

TABLE 28 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR COMPOSITES, BY REGION 2020-2027 (USD THOUSAND) 51

TABLE 29 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR COMPOSITES, BY REGION 2020-2027 (TONS) 51

TABLE 30 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR THERMAL SPRAY, BY REGION 2020-2027 (USD THOUSAND) 52

TABLE 31 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR THERMAL SPRAY, BY REGION 2020-2027 (TONS) 52

TABLE 32 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR OTHERS, BY REGION 2020-2027 (USD THOUSAND) 53

TABLE 33 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR OTHERS, BY REGION 2020-2027 (TONS) 53

TABLE 34 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY REGION 2020-2027 (USD THOUSAND) 54

TABLE 35 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY REGION 2020-2027 (TONS) 55

TABLE 36 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR TYPE, BY REGION 2020-2027 (USD THOUSAND) 56

TABLE 37 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR TYPE, BY REGION 2020-2027 (TONS) 56

TABLE 38 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR APPLICATION, BY REGION 2020-2027 (USD THOUSAND) 57

TABLE 39 GLOBAL HEXAGONAL BORON NITRIDE MARKET FOR APPLICATION, BY REGION 2020-2027 (TONS) 58

TABLE 40 NORTH AMERICA HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (USD THOUSAND) 59

TABLE 41 NORTH AMERICA HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (TONS) 59

TABLE 42 NORTH AMERICA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 60

TABLE 43 NORTH AMERICA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 60

TABLE 44 NORTH AMERICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 61

TABLE 45 NORTH AMERICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 62

TABLE 46 US HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 63

TABLE 47 US HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 63

TABLE 48 US HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 64

TABLE 49 US HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 64

TABLE 50 CANADA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 65

TABLE 51 CANADA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 66

TABLE 52 CANADA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 66

TABLE 53 CANADA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 67

TABLE 54 EUROPE HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (USD THOUSAND) 68

TABLE 55 EUROPE HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (TONS) 69

TABLE 56 EUROPE HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 69

TABLE 57 EUROPE HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 70

TABLE 58 EUROPE HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 71

TABLE 59 EUROPE HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 71

TABLE 60 GERMANY HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 72

TABLE 61 GERMANY HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 73

TABLE 62 GERMANY HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 73

TABLE 63 GERMANY HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 74

TABLE 64 UK HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 75

TABLE 65 UK HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 75

TABLE 66 UK HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 76

TABLE 67 UK HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 77

TABLE 68 FRANCE HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 78

TABLE 69 FRANCE HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 78

TABLE 70 FRANCE HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 79

TABLE 71 FRANCE HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 80

TABLE 72 SPAIN HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 80

TABLE 73 SPAIN HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 81

TABLE 74 SPAIN HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 82

TABLE 75 SPAIN HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 82

TABLE 76 ITALY HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 83

TABLE 77 ITALY HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 84

TABLE 78 ITALY HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 84

TABLE 79 ITALY HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 85

TABLE 80 RUSSIA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 86

TABLE 81 RUSSIA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 86

TABLE 82 RUSSIA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 87

TABLE 83 RUSSIA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 88

TABLE 84 POLAND HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 88

TABLE 85 POLAND HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 89

TABLE 86 POLAND HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 90

TABLE 87 POLAND HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 90

TABLE 88 REST OF EUROPE HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 91

TABLE 89 REST OF EUROPE HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 92

TABLE 90 REST OF EUROPE HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 92

TABLE 91 REST OF EUROPE HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 93

TABLE 92 ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (USD THOUSAND) 94

TABLE 93 ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (TONS) 94

TABLE 94 ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 95

TABLE 95 ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 96

TABLE 96 ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 96

TABLE 97 ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 97

TABLE 98 CHINA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 98

TABLE 99 CHINA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 98

TABLE 100 CHINA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 99

TABLE 101 CHINA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 100

TABLE 102 JAPAN HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 100

TABLE 103 JAPAN HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (TONS) 101

TABLE 104 JAPAN HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 102

TABLE 105 JAPAN HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 102

TABLE 106 INDIA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 103

TABLE 107 INDIA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 104

TABLE 108 INDIA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 104

TABLE 109 INDIA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 105

TABLE 110 ASEAN HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 106

TABLE 111 ASEAN HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 106

TABLE 112 ASEAN HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 107

TABLE 113 ASEAN HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 108

TABLE 114 SOUTH KOREA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 108

TABLE 115 SOUTH KOREA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 109

TABLE 116 SOUTH KOREA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 110

TABLE 117 SOUTH KOREA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 110

TABLE 118 REST OF ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 111

TABLE 119 REST OF ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 112

TABLE 120 REST OF ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 112

TABLE 121 REST OF ASIA PACIFIC HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 113

TABLE 122 LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (USD THOUSAND) 114

TABLE 123 LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (TONS) 114

TABLE 124 LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 115

TABLE 125 LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 115

TABLE 126 LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 116

TABLE 127 LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 117

TABLE 128 BRAZIL HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 118

TABLE 129 BRAZIL HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 118

TABLE 130 BRAZIL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 119

TABLE 131 BRAZIL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 120

TABLE 132 MEXICO HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 120

TABLE 133 MEXICO HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 121

TABLE 134 MEXICO HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 122

TABLE 135 MEXICO HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 122

TABLE 136 REST OF LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 123

TABLE 137 REST OF LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 124

TABLE 138 REST OF LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 124

TABLE 139 REST OF LATIN AMERICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 125

TABLE 140 MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (USD THOUSAND) 126

TABLE 141 MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY COUNTRY 2020-2027 (TONS) 126

TABLE 142 MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 127

TABLE 143 MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 127

TABLE 144 MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 128

TABLE 145 MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 129

TABLE 146 TURKEY HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 130

TABLE 147 TURKEY HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 130

TABLE 148 TURKEY HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 131

TABLE 149 TURKEY HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 132

TABLE 150 ISRAEL HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 132

TABLE 151 ISRAEL HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 133

TABLE 152 ISRAEL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 134

TABLE 153 ISRAEL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 134

TABLE 154 GCC HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 135

TABLE 155 GCC HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 136

TABLE 156 GCC HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 136

TABLE 157 GCC HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 137

TABLE 158 NORTH AFRICA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 138

TABLE 159 NORTH AFRICA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 138

TABLE 160 NORTH AFRICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 139

TABLE 161 NORTH AFRICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 140

TABLE 162 REST OF MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 141

TABLE 163 REST OF MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET , BY TYPE 2020-2027 (TONS) 142

TABLE 164 REST OF MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 142

TABLE 165 REST OF MIDDLE EAST & AFRICA HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 143


12 List Of Figures

FIGURE 1 TOP DOWN & BOTTOM UP APPROACH 18

FIGURE 2 FORECAST MODEL 20

FIGURE 3 DRIVERS, RESTRAINTS, OPPOPRTUNITIES AND TRENDS OF GLOBALHEXAGONAL BORON NITRIDE MARKET 21

FIGURE 4 SUPPLY CHAIN ANALYSIS 28

FIGURE 5 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (USD THOUSAND) 32

FIGURE 6 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY TYPE 2020-2027 (TONS) 33

FIGURE 7 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (USD THOUSAND) 43

FIGURE 8 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY APPLICATION 2020-2027 (TONS) 44

FIGURE 9 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY REGION 2020-2027 (USD THOUSAND) 54

FIGURE 10 GLOBAL HEXAGONAL BORON NITRIDE MARKET, BY REGION 2020-2027 (TONS) 55

FIGURE 11 SWOT ANALYSIS: SAINT-GOBAIN 145

FIGURE 12 SWOT ANALYSIS: DENKA COMPANY LIMITED 147

FIGURE 13 SWOT ANALYSIS: MOMENTIVE PERFORMANCE MATERIALS 149

FIGURE 14 SWOT ANALYSIS: KENNAMETAL 151

FIGURE 15 SWOT ANALYSIS: H.C. STARK GMBH 153

FIGURE 16 SWOT ANALYSIS: SHOWA DENKO K.K 155

FIGURE 17 SWOT ANALYSIS: MIZUSHIMA FERROALLOY 157

FIGURE 18 SWOT ANALYSIS: HENZE BNP AG 159

FIGURE 19 SWOT ANALYSIS: 3M 162

Hexagonal Boron Nitride Market

Global Hexagonal Boron Nitride Market: Competitive Landscape


The prominent players in the global plastic compounding market are Saint-Gobain, Denka Company Ltd, Momentive Performance Materials Inc., Kennametal, H.C. Stark GmbH, Showa Denko K.K, Mizushima Ferroalloy Co., OC Oerlikon, Henze BNP AG, ZYP Coatings Inc, and 3M


Saint-Gobain, 3M, Denka Company Limited, Showa Denko K.K., ZYP Coatings Inc, Henze BNP AG collectively hold the majority share of the hexagonal boron nitride market. The market players are focused on new product launches, product innovation, and strategic initiatives, such as acquisitions and joint venture, to meet the increasing demand for hexagonal boron market in major end-use industries such as automotive, electrical and electronics, and lubrication industrial.


Denka Company Limited, pioneer in organic and in-organic materials for industrial manufacturing, materials for construction, electronic materials, food packaging and diagnostic reagents. The company was formerly known as Denki Kagaku Kogyo Kabushiki Kaisha and in October 2015, changed name to Denka, the company is optimizing cost efficiency through research and development and thus providing sustainable environment to the society. For instance, In June 2017, Denka Company Ltd has innovated Hexagonal boron nitride (h-BN) featuring high heat conductivity, heat and corrosion resistance, lubricity and electrical insulation performance powder. Denka’s boron nitride is widely used in resin additives, lubricants and high heat conduction fillers, which is widely used in electronic products.


Showa Denko K.K is leading Japanese company formed from merger of Nihon electrical Industries and Showa Fertilizers. The company manufactures chemical products and industrial materials. It operates through six segments viz. petrochemicals, chemicals, aluminum electronics, inorganics materials and others. Company has designed to expand individual business through merger and partnerships. In years to come, company wants to focus more into R&D and product launch. In June 2018, Showa Denko K.K launches a product known as hexagonal boron nitride powder SHOBN ™ which is an aggregated powder of boron nitride crystal, which are excellent in fluidity and filling density, this powder finds application in Filler for insulation and high thermal conductivity and for high temperature lubrication.


ZYP Coatings, Inc. specializes in producing the most complete line of paintable refractory coatings for high temperature protection of metals, ceramics, and graphite. The company has pioneered the use of boron nitride-based coatings for non-wetting applications with molten nonferrous metals. The company focuses on process development for developing high purity hexagonal boron nitride for paints application. For instance, has developed a new, unique, state-of-the-art, continuous process for producing Boron Nitride that provides for highly uniform, ultra-high crystalline, ultra-high purity powder and is the highest quality BN powder available for paints.  In fact, the purity is so high that the powder meets the very strict purity/crystallinity requirements for the costliest cosmetic grade BN powder


Henze BNP AG, is a home family business manufacturing boron nitride raw materials and semi- finished stock. These are typically used as lubricants, release agents, coatings, fillers as well as components for use in high temperature applications. The company continues to be at the forefront as the leading specialist in hexagonal boron nitride, the company is isolated with boron nitride products which keeps longstanding relationships with raw materials suppliers and benefits production process for well positioned future market. In March 2015, company launched new product, boron nitride oil which is an innovative lubricant additive for engines, gearboxes and other plant and equipment


3M is primarily engaged in offering broad spectrum products, including adhesives, bonding materials, coatings, and specialty materials. They operate through five business segments including consumer, electronics and energy market, healthcare, industrial and safety 3M operates globally through its subsidiaries. The company operates with 140 manufacturing facilities in 40 countries around the world. Strategic acquisitions and significant investment in R&D. For instance, 3M boron nitride cooling fillers are a family of advanced ceramic materials used to improve thermal conductivity in polymers while maintaining or improving electrical insulation.