Japan Hexagonal Boron Nitride Market Size and Forecasts Research Report 2021-2025

According to a new research report titled Hexagonal Boron Nitride Market Global Industry Perspective, Comprehensive Analysis And Forecast by 2021 – 2025

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The latest report on the Hexagonal Boron Nitride Market 2021 industry takes a closer look at the value chain assessment for the forecast period, 2021 to 2025. 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.

Global Hexagonal Boron Nitride market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of XX between 2021 and 2025.

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Key Competitors of the Global Hexagonal Boron Nitride Market are:
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

The ‘Global Hexagonal Boron Nitride Market Research Report’ is a comprehensive and informative study on the current state of the Global Hexagonal Boron Nitride Market industry with emphasis on the global industry. The report presents key statistics on the market status of the global Hexagonal Boron Nitride market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Major Product Types covered are:

Premium Grade(PG)
Standard Grade(SG)
Custom Grade(CG)

Major Applications of Hexagonal Boron Nitride covered are:

Hexagonal Boron Nitride Composite Ceramics
Preparation of Cubic Boron Nitride (CBN)
Paints & Coatings and Lubricants Industry
Cosmetics Industry
Industrial Packing
Others

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Regional Hexagonal Boron Nitride Market (Regional Output, Demand & Forecast by Countries):-
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.

The research report studies the past, present, and future performance of the global market. The report further analyzes the present competitive scenario, prevalent business models, and the likely advancements in offerings by significant players in the coming years.

Key Questions answered by the Report

• What will be the growth rate of the Global Hexagonal Boron Nitride Market 2021 for the forecast period 2021 to 2025?
• What will be the market size during this estimated period?
• What will be the growth areas within the market space and where should the participant focus to gain maximum ROI?
• Who are the prominent industries players dominating the Global Hexagonal Boron Nitride Market and what are their business strategies to stay ahead in the competition against their rivals?
• What are kind of challenges hindering the development of the industry worldwide?
• Competitive landscape of the Global Hexagonal Boron Nitride Market
• What are the opportunities business owners can rely upon to earn more profits and stay competitive during the estimated period?
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards Global Hexagonal Boron Nitride market performance

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