hexagonal boron nitride Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Boron nitride is chemically and thermally resistant compound. The hexagonal form of boron nitride is one of its crystalline forms. Hexagonal boron nitride is stable and soft boron nitride polymorph. Hexagonal boron nitride has excellent lubricating properties due to the low coefficient of friction. Hexagonal boron nitride has some other properties such as excellent chemical inertness, electrical insulator, thermal conductor, high-temperature stability, high load-bearing properties, etc. Due to advantageous properties of hexagonal boron nitride, it is being used in various applications such as coatings and mold release, electrical insulator, lubrication, composites and others.

MARKET DYNAMICS

The increase in demand for High-Temperature Applications in lubrication, coating and mold release will drive the demand growth for the hexagonal boron nitride market. Furthermore, the growing demand for thermal conductive polymer will imply in the demand growth for the hexagonal boron nitride market. Predominantly, the high cost of hexagonal boron nitride powder may hamper the hexagonal boron nitride market. However, increasing demand for hexagonal boron nitride coatings for clearance control in the aerospace and defense industry will create the opportunity for the hexagonal boron nitride market.

MARKET SCOPE

The "Hexagonal Boron Nitride Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hexagonal boron nitride market with detailed market segmentation by application and region. The hexagonal boron nitride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hexagonal boron nitride market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The hexagonal boron nitride market is segmented on the basis of application. On the basis of application, the hexagonal boron nitride market is segmented into, coatings & mold release, electrical insulation, lubrication- industrial, composites, personal care, paints, lubricants- food, thermal spray, other applications.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the hexagonal boron nitride market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hexagonal boron nitride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the hexagonal boron nitride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the hexagonal boron nitride market in these regions.

MARKET PLAYERS

The reports cover key developments in the hexagonal boron nitride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hexagonal boron nitride market are anticipated to lucrative growth opportunities in the future with the rising demand for hexagonal boron nitride in the global market. Below mentioned is the list of few companies engaged in the hexagonal boron nitride market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hexagonal boron nitride market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

• Denka Company Ltd
• Henze BNP AG
• Hoganas AB
• Kennametal
• Mizushima Ferroalloy Co., Ltd.
• Momentive Performance Materials Inc.
• Saint-Gobain
• Showa Denko K.K.
• The 3M Company
• ZYP Coatings Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Hexagonal Boron Nitride Report Scope