Boron Nitride Powder Market Research Report by Key Market Players Analysis 2017 – 2025

Boron nitride is a refractory compound of nitrogen and boron. It occurs in numerous crystalline forms. The electronic structure or number of electrons of these forms is similar to that of carbon lattice. Boron nitride is non-toxic and a bad conductor of heat and electricity. It is an excellent substitute for lubricants (such as organic waxes and oils, molybdenum disulfide, and graphite) in metal processing. In a number of cases, boron nitride significantly improves the effectiveness of these applications. The hexagonal form of boron nitride, which is similar to graphite, is the most stable and soft among boron nitride polymorphs. It is used as an additive in cosmetic products. It is also used as a lubricant. The cubic form of boron nitride, similar to diamond, is called c-boron nitride. It is softer than diamond; however, its thermal and chemical stability is far superior to that of diamond. Wurtzite boron nitride is rare and similar to lonsdaleite (hexagonal diamond). It is even harder than the cubic form of boron nitride. Boron nitride ceramics are usually used as parts of high-temperature equipment owing to their excellent chemical and thermal stability. Boron nitride also has potential use in nanotechnology. Nanotubes made of boron nitride have a structure similar to that of carbon nanotubes; however, the properties are different.

The hexagonal form of boron nitride powder offers superior thermal conductivity and dielectric strength when used as filler in polymers that are employed in electronics applications. Benefits of the intrinsic properties of boron nitride, such as corrosion resistance, chemical inertness, high temperature resistance, and high oxidation resistance, is anticipated to augment the demand for boron nitride in metal processing applications. Furthermore, rise in demand for boron nitride as an insulator in high-temperature furnaces is expected to boost the boron nitride market in the near future. The notable hardness of boron nitride makes it an ideal material for the manufacture of insulators, which are used in high-temperature furnaces. Furthermore, it can be hot pressed to create the preferred shape of the insulator with properties such as thermal shock resistance, corrosion resistance, low dielectric constant, and high electrical resistance.

The boron nitride powder market can be segmented based on form type, application, and region. In terms of form type, the boron nitride powder market can be divided into amorphous form, hexagonal form, cubic form, wurtzite form, and others. Based on application, the boron nitride powder market can be segregated into coatings & mold release, composites, electrical insulation, lubrication (industrial), paints, lubricants (food), personal care, thermal spray, and others.

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Based on region, the global boron nitride powder market can be split into Latin America, North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the boron nitride powder market in 2016. This trend is anticipated to continue during the forecast period. Currently, China accounts for the major share of the boron nitride powder market. The country is anticipated to remain the largest market for boron nitride powder throughout the forecast period. India is anticipated to be a rapidly growing country of the boron nitride powder market in the next few years. Furthermore, increase in demand for boron nitride powder in electrical insulation and coatings & mold release applications coupled with the rapid increase in need of boron nitride powder in personal care and food-lubricants applications is anticipated to drive the market in the Asia Pacific region.

Key players operating in the boron nitride powder market include Saint-Gobain, Henze BNP AG, The 3M Company, Kennametal, Mizushima Ferroalloy Co., Ltd., Denka Company Ltd, ZYP Coatings Inc., Showa Denko K.K., H.C. Stark GmbH, and Momentive Performance Materials Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

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The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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