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PUBLISHER: IMARC | PRODUCT CODE: 1370522
PUBLISHER: IMARC | PRODUCT CODE: 1370522
Hexagonal Boron Nitride (HBN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 150 Pages
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Abstract
Market Overview:
The global hexagonal boron nitride (HBN) market size reached US$ 769.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 991.0 Million by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
Hexagonal boron nitride (hBN) is an isostructural layered ceramic material that is isostructural to graphite. The atomic structure of HBN consists of alternating boron and nitrogen atoms, and it is considered to be a non-toxic and ecological material. By nitriding or ammonalyzing boric oxide at elevated temperatures, hexagonal boron nitride powder can be synthesized. Despite its inert properties, hBN's chemical precursors can form interface compounds with reactive substrates at very high temperatures, especially if the hBN is formed at high temperatures. As a highly effective insulator with outstanding thermal and mechanical properties, chemical inertness, and lubricity, it finds widespread industrial applications. Consequently, it is extensively used as a diffuser and lubricant in cosmetics formulations, skincare and makeup products, and also as a vital component in the production of electronic and electrical products.
Hexagonal Boron Nitride (HBN) Market Trends:
The market is majorly driven by the escalating demand for numerous consumer and motorized electronics, such as cellular phones, portable computing devices, and gaming systems, among the masses. This can be attributed to the growing adoption of hBN in the manufacturing of coolers and semiconductors and numerous electronic parts and components. In addition to this, a considerable rise in the sales of personal care and cosmetics products is impacting the market positively. Moreover, the widespread adoption of hBN in formulating high-temperature protective release coatings and paints is providing an impetus to the market. Besides this, the rapid product utilization in emerging applications, such as deep UV (DUV) optoelectronics, neutron detectors, and electron emitters, are creating a positive outlook for the market. Some of the other factors that are contributing to the market growth include rapid urbanization and industrialization, the increasing sales of smart devices and appliances, the introduction of value-added product variants, continual technological advancements and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hexagonal boron nitride (HBN) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.
Breakup by Type:
Tubes
Rods
Powder
Gaskets
Plates and Sheets
Others
Breakup by Application:
Coatings/Mold Release/Spray
Electrical Insulation
Composites
Industrial Lubricants
Thermal Spray
Personal Care (Including Cosmetics)
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, American Elements, Compagnie de Saint-Gobain S.A., Denka Company Limited, Grolltex Inc, Henze Boron Nitride Products AG, Hoganas AB, Kennametal Inc., Showa Denko K.K, Supervac Industries LLP, UK Abrasives Inc. and ZYP Coatings Inc.
Key Questions Answered in This Report
- 1. What was the size of the global Hexagonal Boron Nitride (HBN) market in 2022?
- 2. What is the expected growth rate of the global Hexagonal Boron Nitride (HBN) market during 2023-2028?
- 3. What are the key factors driving the global Hexagonal Boron Nitride (HBN) market?
- 4. What has been the impact of COVID-19 on the global Hexagonal Boron Nitride (HBN) market?
- 5. What is the breakup of the global Hexagonal Boron Nitride (HBN) market based on the type?
- 6. What is the breakup of the global Hexagonal Boron Nitride (HBN) market based on the application?
- 7. What are the key regions in the global Hexagonal Boron Nitride (HBN) market?
- 8. Who are the key players/companies in the global Hexagonal Boron Nitride (HBN) market?
Product Code: SR112023A6450
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Hexagonal Boron Nitride (HBN) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Tubes
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Rods
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Powder
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Gaskets
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Plates and Sheets
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Coatings/Mold Release/Spray
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Electrical Insulation
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Composites
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Industrial Lubricants
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Thermal Spray
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Personal Care (Including Cosmetics)
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 3M Company
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 American Elements
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Compagnie de Saint-Gobain S.A.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Denka Company Limited
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.5 Grolltex Inc
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Henze Boron Nitride Products AG
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Hoganas AB
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Kennametal Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Showa Denko K.K
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Supervac Industries LLP
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 UK Abrasives Inc.
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 ZYP Coatings Inc.
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.1 3M Company
Product Code: SR112023A6450
List of Figures
- Figure 1: Global: Hexagonal Boron Nitride Market: Major Drivers and Challenges
- Figure 2: Global: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Hexagonal Boron Nitride Market: Breakup by Type (in %), 2022
- Figure 5: Global: Hexagonal Boron Nitride Market: Breakup by Application (in %), 2022
- Figure 6: Global: Hexagonal Boron Nitride Market: Breakup by Region (in %), 2022
- Figure 7: Global: Hexagonal Boron Nitride (Tubes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Hexagonal Boron Nitride (Tubes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Hexagonal Boron Nitride (Rods) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Hexagonal Boron Nitride (Rods) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Hexagonal Boron Nitride (Powder) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Hexagonal Boron Nitride (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Hexagonal Boron Nitride (Gaskets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Hexagonal Boron Nitride (Gaskets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Hexagonal Boron Nitride (Plates and Sheets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Hexagonal Boron Nitride (Plates and Sheets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Hexagonal Boron Nitride (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Hexagonal Boron Nitride (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Hexagonal Boron Nitride (Coatings/Mold Release/Spray) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Hexagonal Boron Nitride (Coatings/Mold Release/Spray) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Hexagonal Boron Nitride (Electrical Insulation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Hexagonal Boron Nitride (Electrical Insulation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Hexagonal Boron Nitride (Composites) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Hexagonal Boron Nitride (Composites) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Hexagonal Boron Nitride (Industrial Lubricants) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Hexagonal Boron Nitride (Industrial Lubricants) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Hexagonal Boron Nitride (Thermal Spray) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Hexagonal Boron Nitride (Thermal Spray) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Hexagonal Boron Nitride (Personal Care (Including Cosmetics)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Hexagonal Boron Nitride (Personal Care (Including Cosmetics)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Hexagonal Boron Nitride (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Hexagonal Boron Nitride (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: North America: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: North America: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: United States: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: United States: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Canada: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Canada: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Asia-Pacific: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Asia-Pacific: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: China: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: China: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Japan: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Japan: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: India: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: India: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: South Korea: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: South Korea: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Australia: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Australia: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Indonesia: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Indonesia: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Europe: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Europe: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Germany: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Germany: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: France: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: France: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: United Kingdom: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: United Kingdom: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Italy: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Italy: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Spain: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Spain: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Russia: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Russia: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Others: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Others: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Latin America: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Latin America: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Brazil: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Brazil: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Mexico: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Mexico: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Middle East and Africa: Hexagonal Boron Nitride Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Middle East and Africa: Hexagonal Boron Nitride Market: Breakup by Country (in %), 2022
- Figure 81: Middle East and Africa: Hexagonal Boron Nitride Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Hexagonal Boron Nitride Industry: SWOT Analysis
- Figure 83: Global: Hexagonal Boron Nitride Industry: Value Chain Analysis
- Figure 84: Global: Hexagonal Boron Nitride Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Hexagonal Boron Nitride Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Hexagonal Boron Nitride Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Hexagonal Boron Nitride Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Hexagonal Boron Nitride Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Hexagonal Boron Nitride Market: Competitive Structure
- Table 6: Global: Hexagonal Boron Nitride Market: Key Players
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