Boron Nitride Market: Cubic Boron Nitride Used Due To High Thermal Conductivity And Electrical Resistance
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Boron Nitride produced by Boron Nitride Market is a chemical compound having high chemical and thermal stability. It is available in hexagonal, cubical, and amorphous forms.
Hexagonal boron nitride is used as a solid lubricant in turbo engines, as additive in cosmetics and other skin care products.
Boron nitride uses are prominent in the growth of gallium arsenide and other types of semiconductor single crystals.
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The Boron Nitride Market is mainly driven due to increasing demand from electronics and metallurgy industries.
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Scope & Regional Forecast of the Boron Nitride Market
The growth of the Boron Nitride Market is driven by investment funds and production capacity plans in the major end use sectors. The demand for the boron nitride sheet in the coming years will be high due to recovering business growth in major end use sectors such as ceramics, refractory coatings, and electronics.
The use of cubic boron nitride can be attributed to its properties of electrical resistance, high thermal conductivity, and low thermal expansion.
North America and Europe hold maximum share in the Boron Nitride Market in terms of consumption. The demand for the boron nitride tube will be significantly high in Asia Pacific due to the presence of major electrical and electronics companies.
Bn material has superior mechanical properties, such as optical and infrared transparency, high tensile strength, and electrical conductivity. The main driver for the Boron Nitride Market is the abundance of boron minerals.
Boron nitride monolayer can also detect neutron signals to recognize nuclear material and weapons.
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Segmentations & Key Players Involved in the Boron Nitride Market
The Boron Nitride Market can be broken down into various segmentations on the basis of –
- Types- Hexagonal Boron Nitride (HBN), Cubic boron nitride (CBN), and Wurtzite Boron Nitride (WBN).
- Applications- Electronics, Aerospace, Automotive, and Other.
- Region- North America, Europe, China, Japan, Middle East & Africa, India, South America, and Others.
Some of the key players involved in the Boron Nitride Market are as follows:
- Zibo Jonye Ceramic Technologies
- YingKou Liaobin
- Shin-Etsu Chemical
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