Hexagonal-Boron Nitride Powder (h-BN) Market by Application (Coatings & Mold Release, Electrical Insulation, Lubrication-Industrial, Composites, Personal Care, Paints, Lubricants-Food, Thermal Spray) - Global Forecast to 2021

  • ID: 3937684
  • Report
  • Region: Global
  • 154 Pages
  • Markets and Markets
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The Hexagonal-Boron Nitride (h-BN) Powder Market is Estimated to Reach USD 821.0 Million by 2021, at a CAGR of 5.1% from 2016 to 2021

FEATURED COMPANIES

  • Denka Company Ltd
  • H.C. Stark GmbH
  • Henze BNP AG
  • Kennametal
  • Saint-Gobain
  • Showa Denko K.K.
  • MORE

"Global h-BN powder market to witness CAGR of 5.1% during forecast period"

The hexagonal-Boron Nitride (h-BN) powder market is estimated to reach USD 821.0 million by 2021, at a CAGR of 5.1% from 2016 to 2021. H-BN performs better in high-temperature applications than its substitutes as it has high thermal stability and good electrical insulation properties. This has increased the demand for h-BN powder for the coatings & mold release application. The high cost of the h-BN powder relative to its substitutes is a restraint for the global h-BN powder market.

"H-BN powder market in Composites to register fastest growth"

The h-BN powder market in the composite segment is projected to grow at the highest rate during the forecast period. H-BN powder products are used in composites as replacement parts for areas in which high oxidation takes place, and where longer life and much lower erosion rates are required in replacement parts such as vents, plates, stacks, crucibles, and capsules. Due to the good thermal stability and the availability of high purity h-BN powder, it is used in the vacuum deposition process and as composite coating for metal processing, composited ceramics and high performance brake linings.

 "Coatings & mold release, the largest application for h-BN powder"

The coatings & mold release application is estimated to be the largest application for the h-BN powder. The application is growing due to the increasing demand for coating press dummy blocks in aluminum extrusion, coating running die and tool surfaces, coating ceramic components such as runners, nozzles, plugs and thermocouple protection tubes. Die-casting applications such as pouring magnesium and aluminum alloys, coating molds for secondary aluminum processing also make use of the h-BN powder.

In addition, the h-BN powder can also be used as mold release for Hot Isostatic Pressing (HIPing), sintering media, glass manufacturing for automotive applications, release agent for high temperature polymers, elastomers, and rubber composites; polymer, metal and ceramic matrix, release agent when shape casting or injection molding, release agents for metal forming. The h-BN powder is preferred for these applications due to its high thermal stability, good electrical insulation and excellent lubricating properties.

"Asia-Pacific is the largest and the fastest-growing market for h-BN powder"

The Asia-pacific region is estimated to be the largest and the fastest-growing market for the h-BN powder. The high growth rate in the region is due to the high demand from countries such as Japan, China, and India. China is estimated to be the largest market for the h-BN powder in the Asia-pacific region, followed by Japan and India. India is estimated to be the fastest-growing market in the Asia-Pacific region. Growth of the coatings & mold release and electrical insulation industries has increased the demand for h-BN powder in the region.

Extensive primary interviews were conducted to determine and verify the market size for several segments and subsegments and information gathered through secondary research.

The break-up of primary interviews is given below.

- By Company Type - Tier 1 - 37%, Tier 2 - 50%, and Tier 3 - 13%
- By Designation - C level - 50%, Director level - 31%, and Others - 19%
- By Region - North America - 31%, Europe - 38%, Asia-Pacific - 25%, and RoW - 6%

The companies profiled in this market research report are Saint-Gobain S.A. (France), 3M (U.S.), Denka Company ltd. (Japan), Showa Denko K.K. (Japan), Kennametal Inc. (U.S.), Momentive Performance Materials Inc. (U.S.), HC Starck GmbH (Germany), Mizushima Ferroalloy Co., Ltd. (Japan), ZYP Coatings (U.S.), and Henze Boron Nitride Products AG (Germany).

Research Coverage:

This research report categorizes the global h-BN powder market on the basis of application, and region. The report includes detailed information regarding the major factors influencing the growth of the h-BN powder market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into business overviews, products & services, key strategies, investments & expansions, mergers & acquisitions, and recent developments associated with the market.

Reasons to buy the report

The report will help market leaders/new entrants in this market in the following ways:

1. This report segments the global h-BN powder market comprehensively and provides the closest approximations of market sizes for the overall market and subsegments across verticals and regions.

2. The report will help stakeholders understand the pulse of the market and provide them information on the key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders understand the major competitors and gain insights to enhance their position in the business. The competitive landscape section includes expansions, new product developments, and mergers & acquisitions.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Denka Company Ltd
  • H.C. Stark GmbH
  • Henze BNP AG
  • Kennametal
  • Saint-Gobain
  • Showa Denko K.K.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 By Region
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Hexagonal Boron Nitride Market

5 Market Overview
5.1 Introduction
5.2 Segmentation
5.2.1 By Application
5.2.2 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 The Focus on Thermally Conductive and Electrically Insulating Plastic Components That Use Bn Powder in for Energy Saving
5.3.1.2 Demand for High Temperature Applications in Lubrication, Coating, Mold/Die Release
5.3.2 Restraints
5.3.2.1 High Cost of Hexagonal Boron Nitride Powder Compared to the Alternatives Used in Various Applications
5.3.3 Opportunities
5.3.3.1 Increasing Application Areas for Highly Thermal Conductive Polymer Materials
5.3.3.2 Innovation in Personal Care Industry
5.3.3.3 Coatings for Clearance Control Application in Aerospace and Defense Industry
5.3.4 Challenges
5.3.4.1 Lack of Awareness on the Advantages of Hexagonal Boron Nitride Powder Over Its Alternatives

6 Industry Trends
6.1 Introduction
6.2 Value-Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Bargaining Power of Suppliers
6.3.2 Threat of New Entrants
6.3.3 Threat of Substitutes
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry

7 Boron Nitride and Its Types- an Overview
7.1 Boron Nitride
7.1.1 Hexagonal Boron Nitride
7.1.2 Cubic Boron Nitride
7.1.3 Other
7.2 Market Trends of Boron Nitride Types

8 h-BN Powder Market, By Application
8.1 Introduction
8.2 Coatings & Mold Release
8.3 Electrical Insulation
8.4 Lubrication- Industrial
8.5 Composites
8.6 Personal Care
8.7 Paints
8.8 Lubricants- Food
8.9 Thermal Spray
8.10 Other Applications

9 h-BN Powder Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Italy
9.3.4 Russia
9.3.5 U.K.
9.3.6 Rest of the Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 South Korea
9.4.5 Indonesia
9.4.6 Thailand
9.4.7 Australia & New Zealand
9.4.8 Rest of Asia-Pacific
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 UAE
9.5.3 Rest of the Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Rest of the South America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Situations and Trends
10.3 Mergers & Acquisitions: Most Popular Growth Strategy Between 2012 and 2016
10.3.1 Mergers & Acquisitions
10.3.2 New Product Launches
10.3.3 Expansion

11 Company Profiles
(Overview, Financial - , Products & Services, Strategy, and Developments)
11.1 Momentive Performance Materials Inc.
11.2 Saint-Gobain
11.3 The 3M Company
11.4 Denka Company Ltd
11.5 Kennametal
11.6 Showa Denko K.K.
11.7 H.C. Stark GmbH
11.8 Mizushima Ferroalloy Co., Ltd.
11.9 ZYP Coatings Inc.
11.10 Henze BNP AG
  • Details Might Not Be Captured in Case of Unlisted Companies
List of Tables

Table 1 Hexagonal Boron Nitride Powder Market, By Application
Table 2 Properties of Different Forms of Boron Nitride
Table 3 h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 4 h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 5 h-BN Powder Market Size in Coatings & Mold Release, By Region, 2014-2021 (Tons)
Table 6 h-BN Powder Market Size in Coatings & Mold Release, By Region, 2014-2021 (USD Million)
Table 7 h-BN Powder Market Size in Electrical Insulation Application, By Region, 2014-2021 (Tons)
Table 8 h-BN Powder Market Size in Electrical Insulation Application, By Region, 2014-2021 (USD Million)
Table 9 h-BN Powder Market Size in Industrial Lubrication Application, By Region, 2014-2021 (Tons)
Table 10 h-BN Powder Market Size in Industrial Lubrication Application, By Region, 2014-2021 (USD Million)
Table 11 h-BN Powder Market Size in Composite Application, By Region, 2014-2021 (Tons)
Table 12 h-BN Powder Market Size in Composite Application, By Region, 2014-2021 (USD Million)
Table 13 h-BN Powder Market Size in Personal Care Application, By Region, 2014-2021 (Tons)
Table 14 h-BN Powder Market Size in Personal Care Application, By Region, 2014-2021 (USD Million)
Table 15 h-BN Powder Market Size in Paints Application, By Region, 2014-2021 (Tons)
Table 16 h-BN Powder Market Size in Paints Application, By Region, 2014-2021 (USD Million)
Table 17 h-BN Powder Market Size in Food Lubricants Application, By Region, 2014-2021 (Tons)
Table 18 h-BN Powder Market Size in Food Lubricants Application, By Region, 2014-2021 (USD Million)
Table 19 h-BN Powder Market Size in Thermal Spray Application, By Region, 2014-2021 (Tons)
Table 20 h-BN Powder Market Size in Thermal Spray Application, By Region, 2014-2021 (USD Million)
Table 21 h-BN Powder Market Size in Other Applications, By Region, 2014-2021 (Tons)
Table 22 h-BN Powder Market Size in Other Applications, By Region, 2014-2021 (USD Million)
Table 23 h-BN Powder Market Size, By Region, 2014-2021 (Tons)
Table 24 h-BN Powder Market Size, By Region, 2014-2021 (USD Million)
Table 25 h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 26 h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 27 North America: h-BN Powder Market Size, By Country, 2014-2021 (Tons)
Table 28 North America: h-BN Powder Market Size, By Country, 2014-2021 (USD Millions)
Table 29 h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 30 h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 31 U.S.:h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 32 U.S.:h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 33 Canada: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 34 Canada: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 35 Mexico: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 36 Mexico: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 37 Europe: h-BN Powder Market Size, By Country, 2014-2021 (Tons)
Table 38 Europe: h-BN Powder Market Size, By Country, 2014-2021 (USD Million)
Table 39 Europe: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 40 Europe: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 41 Germany: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 42 Germany: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 43 France: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 44 France: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 45 Italy: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 46 Italy: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 47 Russia: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 48 Russia: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 49 U.K.: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 50 U.K.: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 51 Rest of Europe: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 52 Rest of the Europe: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 53 Asia-Pacific: h-BN Powder Market Size, By Country, 2014-2021 (Tons)
Table 54 Asia-Pacific: h-BN Powder Market Size, By Country, 2014-2021 (USD Million)
Table 55 China Accounts for the Major Share of h-BN Powder in Asia-Pacific
Table 56 Asia-Pacific: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 57 Asia-Pacific: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 58 China: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 59 China: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 60 India: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 61 India: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 62 Japan: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 63 Japan: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 64 South Korea: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 65 South Korea: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 66 Indonesia: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 67 Indonesia: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 68 Thailand: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 69 Thailand: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 70 Australia & New Zealand: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 71 Australia & New Zealand: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 72 Rest of Asia-Pacific: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 73 Rest of Asia-Pacific: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 74 Middle East & Africa: h-BN Powder Market Size, By Country, 2014-2021 (Tons)
Table 75 Middle East & Africa: h-BN Powder Market Size, By Country, 2014-2021 (USD Million)
Table 76 Middle East & Africa: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 77 Middle East & Africa: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 78 Saudi Arabia: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 79 Saudi Arabia: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 80 UAE: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 81 UAE: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 82 Rest of the Middle East & Africa: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 83 Rest of Middle East & Africa: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 84 South America: h-BN Powder Market Size, By Country, 2014-2021 (Tons)
Table 85 South America: h-BN Powder Market Size, By Country, 2014-2021 (USD Million)
Table 86 South America: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 87 South America: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 88 Brazil: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 89 Brazil: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 90 Argentina: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 91 Argentina: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 92 Rest of the South America: h-BN Powder Market Size, By Application, 2014-2021 (Tons)
Table 93 Rest of the South America: h-BN Powder Market Size, By Application, 2014-2021 (USD Million)
Table 94 Mergers & Acquisitions, 2012-2016
Table 95 New Product Launches, 2012-2016
Table 96 Expansion, 2012-2016

List of Figures

Figure 1 Market Segmentation: h-BN Powder
Figure 2 h-BN Powder Market: Research Design
Figure 3 Breakdown of Primary Interviews
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Data Triangulation: h-BN Powder Market
Figure 7 Coatings & Mold Release is Expected to Remain the Largest Application of Hexagonal Boron Nitride Till 2021, (Tons)
Figure 8 Asia-Pacific Projected to Be Fastest Growing Market (USD Million)
Figure 9 Global Market Overview and CAGR
Figure 10 Top Ten Markets for Hexagonal Boron Nitride Powder
Figure 11 Market Share Analysis for h-BN Market
Figure 12 Asia-Pacific and North America to Drive the Global Demand for Hexagonal Boron Nitride Powder
Figure 13 Asia-Pacific Hexagonal Boron Nitride Powder Market 2015
Figure 14 Top Five Fastest Growing Market for Hexagonal Boron Nitride Powder During Forecast Period
Figure 15 North America Projected to Lead the Market for Coatings & Mold Release Application, (USD Million)
Figure 16 Hexagonal Boron Nitride Powder Market, By Region
Figure 17 Hexagonal Boron Nitride Powder: Market Dynamics
Figure 18 Hexagonal Boron Nitride Powder Market: Value-Chain Analysis
Figure 19 Porter’s Five Forces Analysis
Figure 20 Properties of Hexagonal Boron Nitride and Its Competitive Materials
Figure 21 Comparison of Physical Properties of Boron Nitride and Its Competitive Materials
Figure 22 Global Boron Nitride Market in 2015 (Tons)
Figure 23 Global Hexagonal Boron Nitride Market in 2015, By Type (Tons )
Figure 24 Global Market Share of h-BN Powder in 2015 (Tons)
Figure 25 Global Market Share of h-BN Hot Press 2015 (Tons)
Figure 26 h-BN Powder Market Share, By Application, 2015 (USD Million)
Figure 27 North America Estimated to Lead h-BN Powder Market in Coatings & Mold Release Application
Figure 28 North America Estimated to Be the Fastest Growing Market for h-BN Powder in Electrical Insulation ApPLCiation
Figure 29 Asia-Pacific to Be the Fastest-Growing Region for h-BN Powder in Industrial Lubrication Application
Figure 30 Asia-Pacific Estimated to Be the Largest Market for h-BN Powder in Composite Application
Figure 31 Asia-Pacific is the Fastest Growing Region for h-BN Powder in Personal Care Application
Figure 32 Asia-Pacific Estimated to Lead h-BN Powder Market in Paints Application
Figure 33 North America to Be the Largest Market for h-BN Powder Market in Food Lubricants Application
Figure 34 Asia-Pacific Estimated to Be the Fastest Growing Market for h-BN Powder in Thermal Spray Application
Figure 35 North America Estimated to Lead h-BN Powder Market in Other Applications
Figure 36 Regional Snapshot: Rapid Growth Markets are Emerging as New Hotspots
Figure 37 North America Market Snapshot: the U.S. Leads the Market for h-BN Powder in North America
Figure 38 The U.S. Accounts for the Major Share of h-BN Powder in North America
Figure 39 U.S. Market Snapshot: 2016 vs 2021
Figure 40 European Market Snapshot: Russia to Be the Fastest Growing Market
Figure 41 Germany Accounts for the Major Share of h-BN Powder in Europe
Figure 42 Asia-Pacific Snapshot: India to Be the Fastest Growing Market in the Region
Figure 43 Asia-Pacific Market Snapshot: Country-Wise Market Share of h-BN Powder in Coatings & Mold Release, Electrical Insulation, and Industrial Lubrication -2015 (USD Million)
Figure 44 Saudi Arabia Accounts for the Major Share in Middle East & Africa
Figure 45 Brazil Accounted for Major Share of h-BN Powder Market in South America
Figure 46 Market Evaluation Framework: New Product Launches Fueled Growth Between 2014 and 2015
Figure 47 Merger & Acquisitions is to Be the Most Followed Strategy in h-BN Market
Figure 48 Momentive Performance Materials Inc: Company Snapshot
Figure 49 Momentive Performance Materials Inc.: SWOT Analysis
Figure 50 Saint-Gobain: Company Snapshot
Figure 51 Saint-Gobain.: SWOT Analysis
Figure 52 The 3M Company: Company Snapshot
Figure 53 The 3M Company: SWOT Analysis
Figure 54 Denka Company Ltd.: Company Snapshot
Figure 55 Denka Company Ltd.: SWOT Analysis
Figure 56 Kennametal : Company Snapshot
Figure 57 Kennametal: SWOT Analysis
Figure 58 Showa Denko K.K.: Company Snapshot
Figure 59 Showa Denko K.K.: SWOT Analysis
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Denka Company Ltd
  • H.C. Stark GmbH
  • Henze BNP AG
  • Kennametal
  • Saint-Gobain
  • Showa Denko K.K.
  • MORE

The global hexagonal-boron nitride (h-BN) powder market is estimated to reach USD 821.0 Million by 2021, at a CAGR of 5.1% from 2016 to 2021. H-BN powder has high thermal stability and excellent electrical insulation properties, and H-BN powder products offer high performance and durability. These factors drive the market for the h-BN powder globally.

H-BN powder products find usage in applications such as, coatings & mold release, electrical insulation, lubrication-industrial, composites, personal care, paints, lubricants-food, thermal spray, others (dental cements, pencil lead and synthesizing of h-BN).

The coatings & mold release application accounted for the largest share of the overall h-BN powder market and is expected to continue to do so throughout the forecast period. The H-BN powder is used for coatings, die-casting and mold release as it exhibits excellent thermal stability which enables efficient operations at high temperatures.

Companies are carrying out intense research & development activities to innovate and develop new products which can open new avenues of applications. Saint-Gobain has introduced its CarboTherm h-BN products to enhance thermal conductivity and provide electrical insulation to thermoplastic compounds. The performance chemicals division of EMD chemicals has announced the launch of RonaFlair Boroneige, the functional filler line, specifically used for applications in the cosmetics industry.

Hexagonal-Boron Nitride Powder (H-BN) Market

Growth in the coatings & mold release and electrical insulation applications has increased the demand for h-BN powder. The Asia-Pacific region accounts for the largest share of the global h-BN powder market and is also the fastest-growing market. China is expected to account for the largest share in the Asia-Pacific region till 2021 with India registering the fastest growth rate for the forecast period. Japan has prominent h-BN powder companies such as Denka Company ltd., Showa Denko K.K., and Mizushima Ferroalloy Co. Ltd. The U.S. is the largest market for the h-BN powder in North America.

The price of h-BN powder is high as compared to the available alternative substitutes. This is a major restraint in the global h-BN powder market. However, the h-BN powder is preferred over the others due to its superior performance at high temperatures.

Companies have adopted the new product development, expansions, partnerships, agreements, and collaborations strategies, to expand their market share and distribution network in the global h-BN powder market for the forecast period, 2016 to 2021.

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- Denka Company Ltd
- H.C. Stark GmbH
- Henze BNP AG
- Kennametal
- Mizushima Ferroalloy Co., Ltd.
- Momentive Performance Materials Inc.
- Saint-Gobain
- Showa Denko K.K.
- The 3M Company
- ZYP Coatings Inc.

Note: Product cover images may vary from those shown
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