Global Hexagonal-Boron Nitride Powder (H-Bn) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Coatings & Mold Release, Electrical Insulation, Lubrication- Industrial, Composites, Personal Care, Paints, Lubricants- Food, Thermal Spray and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn193438056 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hexagonal-Boron Nitride Powder (H-Bn) Market (USD Million), 2021 - 2031

In the year 2024, the Global Hexagonal-Boron Nitride Powder (H-Bn) Market was valued at USD 906.09 million. The size of this market is expected to increase to USD 1,233.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The Global Hexagonal-Boron Nitride Powder (H-BN) market is witnessing significant growth driven by its increasing application across various industries. Hexagonal-Boron Nitride, known for its exceptional thermal conductivity, electrical insulation, and lubricating properties, is a material of choice in industries such as electronics, aerospace, and automotive. Its high thermal stability and chemical inertness make it ideal for use in high-temperature environments and demanding applications. The growing demand for advanced materials in emerging technologies, including electric vehicles and 5G communication devices, further propels the market's expansion.

Advancements in manufacturing techniques and the rising trend towards miniaturization in electronics are also contributing to the market's growth. Hexagonal-Boron Nitride powder is increasingly being utilized in the production of thermal management solutions, coatings, and composite materials. Additionally, its biocompatibility and non-toxicity make it suitable for use in medical devices and personal care products. As industries continue to seek materials that enhance performance and efficiency, the demand for H-BN powder is expected to rise, fostering innovation and development within the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Region
  4. Global Hexagonal-Boron Nitride Powder (H-Bn) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Electronics Industry

        2. Advancements in Manufacturing Technologies

        3. Growing Adoption in Aerospace and Automotive Sectors

      2. Restraints
        1. High Production Costs

        2. Limited Availability of Raw Materials

        3. Complex Manufacturing Processes

      3. Opportunities
        1. Emerging Applications in 5G Technology

        2. Expansion in Electric Vehicle Market

        3. Development of Advanced Thermal Management Solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hexagonal-Boron Nitride Powder (H-Bn) Market, By Application, 2021 - 2031 (USD Million)
      1. Coatings & Mold Release
      2. Electrical Insulation
      3. Lubrication- Industrial
      4. Composites
      5. Personal Care
      6. Paints
      7. Lubricants- Food
      8. Thermal Spray
    2. Global Hexagonal-Boron Nitride Powder (H-Bn) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Momentive Performance Materials Inc
      2. Saint-Gobain
      3. The 3M Company
      4. Denka Company Ltd
      5. Kennametal
      6. Showa Denko K.K.
      7. H.C. Stark GmbH
      8. Mizushima Ferroalloy Co., Ltd.
      9. ZYP Coatings Inc.
      10. Henze BNP AG
  7. Analyst Views
  8. Future Outlook of the Market