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Cubic Boron Nitrates - Global Market Trajectory & Analytics

  • ID: 338650
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • 3M Company
  • Element Six (UK) Ltd.
  • ILJIN Diamond Co. Ltd.
  • NanoDiamond Products DAC
  • Reishauer AG
  • Showa Denko K.K.
Global Cubic Boron Nitrates Market to Reach $1 Billion by 2027

Amid the COVID-19 crisis, the global market for Cubic Boron Nitrates estimated at US$674.9 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027. Inserts, one of the segments analyzed in the report, is projected to record a 6.6% CAGR and reach US$482 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wheels segment is readjusted to a revised 5.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $182.7 Million, While China is Forecast to Grow at 9.1% CAGR

The Cubic Boron Nitrates market in the U.S. is estimated at US$182.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$214.9 Million by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Mesh Segment to Record 5.3% CAGR

In the global Mesh segment, USA, Canada, Japan, China and Europe will drive the 4.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$85.8 Million in the year 2020 will reach a projected size of US$120.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$136.1 Million by the year 2027, while Latin America will expand at a 6.4% CAGR through the analysis period.

Select Competitors (Total 49 Featured):
  • 3M Company
  • Advanced Abrasives Corporation
  • Asahi Diamond Industrial Co., Ltd.
  • Baltic Abrasive Technologies
  • Element Six (UK) Ltd.
  • Funik Ultrahard Material Co., Ltd.
  • ILJIN Diamond Co., Ltd.
  • NanoDiamond Products DAC
  • Reishauer AG
  • Saint-Gobain Surface Conditioning
  • Showa Denko K.K.
  • Sumitomo Electric Hardmetal Corporation
  • Sumitomo Electric Industries Ltd.
  • Tomei Diamond Co., Ltd.
Frequently Asked Questions about the Global Market for Cubic Boron Nitrates

What is the estimated value of the Global Market for Cubic Boron Nitrates?

The Global Market for Cubic Boron Nitrates was estimated to be valued at $674.9 Million in 2020.

What is the growth rate of the Global Market for Cubic Boron Nitrates?

The growth rate of the Global Market for Cubic Boron Nitrates is 5.8%, with an estimated value of $1000.0 Million by 2027.

What is the forecasted size of the Global Market for Cubic Boron Nitrates?

The Global Market for Cubic Boron Nitrates is estimated to be worth $1000.0 Million by 2027.

Who are the key companies in the Global Market for Cubic Boron Nitrates?

Key companies in the Global Market for Cubic Boron Nitrates include 3M Company, Advanced Abrasives Corporation, Asahi Diamond Industrial Co. Ltd., Baltic Abrasive Technologies, Element Six (UK) Ltd., Funik Ultrahard Material Co. Ltd., ILJIN Diamond Co. Ltd., NanoDiamond Products DAC and Saint.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 3M Company
  • Element Six (UK) Ltd.
  • ILJIN Diamond Co. Ltd.
  • NanoDiamond Products DAC
  • Reishauer AG
  • Showa Denko K.K.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 49
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 3M Company
  • Advanced Abrasives Corporation
  • Asahi Diamond Industrial Co. Ltd.
  • Baltic Abrasive Technologies
  • Element Six (UK) Ltd.
  • Funik Ultrahard Material Co. Ltd.
  • ILJIN Diamond Co. Ltd.
  • NanoDiamond Products DAC
  • Reishauer AG
  • Saint-Gobain Surface Conditioning
  • Showa Denko K.K.
  • Sumitomo Electric Hardmetal Corporation
  • Sumitomo Electric Industries Ltd.
  • Tomei Diamond Co. Ltd.
Note: Product cover images may vary from those shown