The global Hexagonal Boron Nitride market was valued at 25.63 Million USD in 2021 and will grow with a CAGR of .81% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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 moniker "white graphite." 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 the world wide, USA was the major manufacturing region, who 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 filed of hexagonal boron nitride in 2015 with consumption volume share 29.98%. However, 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 the steady growth. The global hexagonal boron nitride market was dominated by USA with largest share- 32.37%- in total volume consumption in 2015. China was another leading regional market for hexagonal boron nitride due to increase in end-use applications in the region in 2015. Europe and Japan accounted for 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 future too, as competition intensifies, prices 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. We tend to believe that this industry has good prospects for development due to the rigid demand. Strong demand from various end-user industries is expected to boost the demand for h-BN in the years to come. However, high cost and complex manufacturing process is expected to be major concern for manufacturers.

By Market Verdors:

Saint-Gobain

Momentive

3M company

H.C.Starck

UK Abrasives

Denka

Henze

Showa Denko Group

Boron Compounds

Xinfukang

Qingzhou Fangyuan

DCEI

Zibo Jonye Ceramic Technologies

YingKou Liaobin

QingZhouMaTeKeChang Materials

Baoding Pengda

DANGDONG RIJIN

Eno High-Tech Material

QingZhou Longjitetao

Liaoning Pengda Technology

By Types:

Premium Grade(PG)

Standard Grade(SG)

Custom Grade(CG)

By Applications:

Hexagonal Boron Nitride Composite Ceramics

Preparation of Cubic Boron Nitride (CBN)

Paints & Coatings and Lubricants Industry

Cosmetics Industry

Industrial Packing

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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