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Global Hexagonal Boron Nitride Market 2017-2021

About Hexagonal Boron Nitride

Boron nitride is a chemical compound containing boron and nitrogen in equal proportions. It exhibits high bandgap, hardness, chemical, and thermal stability. It is usually used in high-temperature applications.

The compound physically exists in amorphous (non-crystalline) and crystalline forms — hexagonal boron nitride (h-BN), cubic (c-BN), and wurtzite (w-BN) forms. Amorphous boron nitride is mostly used in electronics and semiconductor industries. Hexagonal boron nitride is the most stable of all forms of the compound and has diverse applications. Cubic boron nitride has a sphalerite crystal structure and has excellent chemical and thermal stability; it is considered analogous to diamond. Wurtzite-boron nitride has a lonsdaleite-like structure.

Technavio’s analysts forecast the global hexagonal boron nitride market to grow at a CAGR of 5.38% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hexagonal boron nitride market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Hexagonal Boron Nitride Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M,
  • Saint-Gobain,
  • Showa Denko,
  • H. C. Starck,
  • Denka Company.
Other prominent vendors
  • American Elements
  • Henze Boron Nitride Products
  • Kennametal
  • Mizushima Ferroalloy
  • Momentive Performance Materials
  • TSD
  • ZYP Coatings
Market driver
  • Abundance of boron minerals
  • For a full, detailed list, view our report
Market challenge
  • High cost of hexagonal boron nitride
  • For a full, detailed list, view our report
Market trend
  • Commercialization and increasing demand for boron nitride nanotubes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Hexagonal Boron Nitride Market 2017-2021

Technavio recognizes the following companies as the key players in the global hexagonal boron nitride market: 3M, Saint-Gobain, Showa Denko, H. C. Starck, and Denka Company.

Other Prominent Vendors in the market are: American Elements, Henze Boron Nitride Products, Kennametal, Mizushima Ferroalloy, Momentive Performance Materials, TSD, and ZYP Coatings.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is commercialization and increasing demand for boron nitride nanotubes. Boron nitride nanotubes are available in the form of cylindrical tubes, similar to carbon nanotubes. These nanotubes possess superior mechanical properties, such as optical and infrared transparency, high tensile strength, electrical conductivity, thermal conductivity, flexible, and electrical insulation. These properties and the cost-effective nature of boron nanotubes are expected to increase their acceptance as alternatives to carbon nanotubes in a wide range of applications in pharma, healthcare, defense, aerospace, energy, and automotive industries.”

According to the report, one of the major drivers for this market is Abundance of boron minerals. Boric acid and boron trioxide are the raw materials required for producing hexagonal boron nitride. These raw materials are sourced from around 200 naturally occurring boron minerals. Turkey and the US are the major producers of boron minerals globally, followed by China, Argentina, Chile, Bolivia, and Peru. Turkey produced roughly 73% (7,300 metric tons) of the boron minerals produced globally in 2016.

Further, the report states that one of the major factors hindering the growth of this market is High cost of hexagonal boron nitride. The higher cost of hexagonal boron nitride, when compared with other materials such as graphite, molybdenum disulfide, and tungsten disulfide, is the major restraint to the market growth. The price of standard-grade hexagonal boron nitride used for industrial purposes is in the range of $55-$130/kg and the cost of premium-grade (high-purity) hexagonal boron nitride for specialized applications, such as cosmetics is in the range of $350-$800/kg. This increases the preference for alternatives in various applications.



Companies Mentioned

3M, Saint-Gobain, Showa Denko, H. C. Starck, and Denka Company.American Elements, Henze Boron Nitride Products, Kennametal, Mizushima Ferroalloy, Momentive Performance Materials, TSD, and ZYP Coatings.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Product overview
      • Table Grades of boron nitride
    • Value chain of hexagonal boron nitride market
      • Table Value chain of hexagonal boron nitride market
  • Market landscape
    • Market size and forecast
      • Table Global hexagonal boron nitride market 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end products
    • Global hexagonal boron nitride market by end products
      • Table Global hexagonal boron nitride market by end products 2016
      • Table Global hexagonal boron nitride market by end products 2021
      • Table Comparison: Global hexagonal boron nitride market by end products 2016 and 2021 ($ millions)
    • Global hexagonal boron nitride market for coatings and mold release agents
      • Table Global hexagonal boron nitride market for coatings and mold release agents 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for coatings and mold release agents 2016-2021
    • Global hexagonal boron nitride market for electrical insulation
      • Table Global hexagonal boron nitride market for electrical insulation 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for electrical insulation 2016-2021
    • Global hexagonal boron nitride market for lubricants
      • Table Global hexagonal boron nitride market for lubricants 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for lubricants 2016-2021
      • Table Solid lubricant powders coefficient of friction
    • Global hexagonal boron nitride market for refractory
      • Table Global hexagonal boron nitride market for refractory 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for refractory 2016-2021
    • Global hexagonal boron nitride market for other applications
      • Table Global hexagonal boron nitride market for other applications2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for other applications 2016-2021
  • Market segmentation by end markets
    • Global hexagonal boron nitride market by end markets
      • Table Global hexagonal boron nitride market by end markets 2016
      • Table Global hexagonal boron nitride market by end markets 2021
      • Table Comparison: Global hexagonal boron nitride market by application 2016 and 2021 ($ millions)
    • Global hexagonal boron nitride market for automotive segment
      • Table Global hexagonal boron nitride market for automotive segment 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for automotive segment 2016-2021
    • Global hexagonal boron nitride market for aerospace segment
      • Table Global hexagonal boron nitride market for aerospace segment 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for aerospace segment 2016-2021
    • Global hexagonal boron nitride market for electronics segment
      • Table Global hexagonal boron nitride market for electronics segment 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for electronics segment 2016-2021
    • Global hexagonal boron nitride market for metallurgy segment
      • Table Global hexagonal boron nitride market for metallurgy segment 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for metallurgy segment 2016-2021
    • Global hexagonal boron nitride market for personal care segment
      • Table Global hexagonal boron nitride market for personal care segment 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for personal care segment 2016-2021
      • Table Oil absorption value of various materials used in personal care products
      • Table Hexagonal boron nitride concentration levels in personal care products
    • Global hexagonal boron nitride market for other end markets
      • Table Global hexagonal boron nitride market for other end markets 2016 and 2021 ($ millions)
      • Table Forecast: Global hexagonal boron nitride market for other end markets 2016-2021
  • Geographic segmentation
    • Market segmentation by geography
      • Table Global hexagonal boron nitride market by geography 2016
      • Table Global hexagonal boron nitride market by geography 2021
      • Table Comparison: Global hexagonal boron nitride market by geography 2016 and 2021 ($ millions)
    • Hexagonal boron nitride market in APAC
      • Table Hexagonal boron nitride market in APAC 2016 and 2021 ($ millions)
      • Table Forecast: Hexagonal boron nitride market in APAC 2016-2021
    • Hexagonal boron nitride market in Americas
      • Table Hexagonal boron nitride market in Americas 2016 and 2021 ($ millions)
      • Table Forecast: Hexagonal boron nitride market in Americas 2016-2021
    • Hexagonal boron nitride market in Europe
      • Table Hexagonal boron nitride market in Europe 2016 and 2021 ($ millions)
      • Table Forecast: Hexagonal boron nitride market in Europe 2016-2021
    • Hexagonal boron nitride market in ROW
      • Table Hexagonal boron nitride market in ROW 2016 and 2021 ($ millions)
      • Table Forecast: Hexagonal boron nitride market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global boron minerals reserves statistics
    • Market challenges
  • Market trends
    • Commercialization and increasing demand for boron nitride nanotubes
    • Expanding industrial applications of hexagonal boron nitride
    • Use of hexagonal boron nitride as an insulator in high-temperature furnaces
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • 3M
      • Table 3M: Business segmentation by revenue 2016
      • Table 3M: Geographic segmentation by revenue 2016
      • Table 3M: Hexagonal boron nitride product portfolio
    • Denka Company
      • Table Denka Company: Business segmentation by revenue 2016
      • Table Denka Company: Hexagonal boron nitride product portfolio
    • H. C. Starck
      • Table H. C. Starck: Business segmentation
      • Table H. C. Starck: Hexagonal boron nitride product portfolio
    • Saint-Gobain
      • Table Saint-Gobain: Business segmentation by revenue 2016
      • Table Saint-Gobain: Geographic segmentation by revenue 2016
      • Table Saint-Gobain: Hexagonal boron nitride product portfolio
    • Showa Denko
      • Table Showa Denko: Business segmentation by revenue 2015
      • Table Showa Denko: Hexagonal boron nitride product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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