Global Hexagonal Boron Nitride Market Size & Outlook
The hexagonal boron nitride industry worldwide is expected to reach a projected revenue of US$ 1,277.1 million by 2030. A compound annual growth rate of 5.1% is expected of the worldwide hexagonal boron nitride industry 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 Scope
Hexagonal boron nitride market segmentation & scope
Paints Coatings
Electrical Insulation
Composites
Lubricants
Personal Care & Cosmetics
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
Hexagonal Boron Nitride Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hexagonal boron nitride market size, by regions, 2018-2030 (US$M)
Related regional statistics
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