Global Hexagonal Boron Nitride Market Growth 2023-2029

Global Hexagonal Boron Nitride Market Growth 2023-2029

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).

LPI (LP Information)' newest research report, the “Hexagonal Boron Nitride Industry Forecast” looks at past sales and reviews total world Hexagonal Boron Nitride sales in 2022, providing a comprehensive analysis by region and market sector of projected Hexagonal Boron Nitride sales for 2023 through 2029. With Hexagonal Boron Nitride sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hexagonal Boron Nitride industry.

This Insight Report provides a comprehensive analysis of the global Hexagonal Boron Nitride landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hexagonal Boron Nitride portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hexagonal Boron Nitride market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hexagonal Boron Nitride and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hexagonal Boron Nitride.

The global Hexagonal Boron Nitride market size is projected to grow from US$ 225 million in 2022 to US$ 284.8 million in 2029; it is expected to grow at a CAGR of 284.8 from 2023 to 2029.

Global Hexagonal Boron Nitride key players include Saint-Gobain, Momentive, 3M Company, H.C.Starck, etc. Global top four manufacturers hold a share over 40%.

USA is the largest market, with a share over 30%, followed by China, and Europe, both have a share about 55 percent.

In terms of product, Standard Grade(SG) is the largest segment, with a share over 70%. And in terms of application, the largest application is Hexagonal Boron Nitride Composite Ceramics, followed by Paints and Coatings and Lubricants Industrial, Industrial Packing, Cosmetics Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Hexagonal Boron Nitride market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Premium Grade(PG)

Standard Grade(SG)

Custom Grade(CG)

Segmentation by application

Hexagonal Boron Nitride Composite Ceramics

Preparation of Cubic Boron Nitride (CBN)

Paints and Coatings and Lubricants Industrial

Cosmetics Industrial

Industrial Packing


This report also splits the market by region:


United States








Southeast Asia









Middle East & Africa


South Africa



GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.



3M company


UK Abrasives



Showa Denko Group

Boron Compounds


Qingzhou Fangyuan


Zibo Jonye Ceramic Technologies

YingKou Liaobin

QingZhouMaTeKeChang Materials

Baoding Pengda


Eno High-Tech Material

QingZhou Longjitetao

Liaoning Pengda Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hexagonal Boron Nitride market?

What factors are driving Hexagonal Boron Nitride market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hexagonal Boron Nitride market opportunities vary by end market size?

How does Hexagonal Boron Nitride break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.

*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global Hexagonal Boron Nitride by Company
4 World Historic Review for Hexagonal Boron Nitride by Geographic Region
5 Americas
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Hexagonal Boron Nitride by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion

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