Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Hexagonal Boron Nitride Market
Hexagonal Boron Nitride Market Size
- Report ID: GMI12593
- Published Date: Dec 2024
- Report Format: PDF
Hexagonal Boron Nitride Market Size
The global hexagonal boron nitride market was valued at USD 954.1 million in 2024 and is estimated to grow at a CAGR of over 5.5% from 2025 to 2034.
The global hexagonal boron nitride (hBN) market is witnessing steady growth, fueled by its diverse applications across industries like electronics, cosmetics, coatings, and metallurgy. Recent trends spotlight its role in high-performance lubricants, advanced thermal management systems, and electrical insulation, thanks to its unique attributes: high thermal conductivity, electrical insulation, and remarkable chemical stability.
A key trend is the incorporation of hBN in thermal management solutions for electronics. With devices shrinking and gaining power, efficient heat dissipation becomes paramount, positioning hBN as a prime candidate due to its thermal conductivity. The surge in nanotechnology has also heightened the demand for hBN nanomaterials in coatings, ceramics, and composites. Moreover, hBN is increasingly favored in personal care products, serving as a safe, non-toxic substitute for talc in items like foundation powders and skincare.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Hexagonal Boron Nitride Market Size in 2024: | USD 954.1 Million |
| Forecast Period: | 2025 – 2034 |
| Forecast Period 2025 – 2034 CAGR: | 5.5% |
| 2025 – 2034 Value Projection: | USD 1.6 Billion |
| Historical Data for: | 2021 – 2024 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | Grade, Application, End Use Industry |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Hexagonal Boron Nitride Market Scope
