Global Hexagonal Boron Nitride Market Size & Outlook
The global hexagonal boron nitride market size was estimated at USD 904.3 million in 2023 and is projected to reach USD 1,277.1 million by 2030, growing at a CAGR of 5.1% from 2024 to 2030.
Revenue, 2023 (US$M)
$904.3
Forecast, 2030 (US$M)
$1,277.1
CAGR, 2024 - 2030
5.1%
Report Coverage
Worldwide
Global hexagonal boron nitride market, 2018-2030 (US$M)
Global hexagonal boron nitride market highlights
- The global hexagonal boron nitride market generated a revenue of USD 904.3 million in 2023 and is expected to reach USD 1,277.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.1% by 2030.
- In terms of segment, paints coatings accounted for a revenue of USD 904.3 million in 2023.
- Paints Coatings is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 904.3 million |
| Market revenue in 2030 | USD 1,277.1 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Paints coatings |
| Fastest growing segment | Paints Coatings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paints Coatings |
Other key industry trends
- In terms of revenue, the North America accounted for 27.5% of the global hexagonal boron nitride market in 2023.
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Hexagonal Boron Nitride Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| American Elements | View profile | 251-500 | Los Angeles, California, United States, North America | https://www.americanelements.com |
| Zyp Run | View profile | 11-50 | Boston, Massachusetts, United States, North America | https://www.zyprun.com/ |
| Saint-Gobain - Gyproc | View profile | 51-100 | Beveren, Oost-Vlaanderen, Belgium, Europe | https://www.gyproc.be |
| Showa Paxxs Corp | View profile | 793 | 2-12 Ichigayahonmura-cho, Shinjuku-ku, Tokyo, Japan, 162-0845 | http://www.showa-paxxs.co.jp |
| Denka Co Ltd | View profile | 7542 | Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, Japan, 103-8338 | http://www.denka.co.jp |
| Yara International ASA | View profile | 18000 | Drammensveien 131, Oslo, Norway, 0277 | https://www.yara.com |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
Global hexagonal boron nitride market size, by regions, 2018-2030 (US$M)
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