Global Cubic Boron Nitride Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030
Summary
Cubic Boron Nitride (CBN) is a synthetic chemical compound made up of boron and nitrogen atoms in a one-to-one ratio. Unlike other types of boron nitride, it exists as a cubic crystal lattice, with its atoms arranged in a symmetrical, cube-shaped structure like the crystalline structure of diamond. Its material properties include extreme hardness, stability under heat, and superior chemical resistance. Cubic Boron Nitride is the second-hardest known material after diamond, making it useful in a wide variety of industrial applications, where it is often used as an abrasive or cutting tool.
As diamond is less stable than graphite, Cubic Boron Nitride is less stable than h-BN, but the conversion rate between those forms is negligible at room temperature (again like diamond). The cubic form has the sphalerite crystal structure, the same as that of diamond, and is also called β-BN or c-BN. The wurtzite BN form has the same structure as lonsdaleite, a rare hexagonal polymorph of carbon. In both c-BN and w-BN, the boron and nitrogen atoms are grouped into tetrahedra, but the angles between neighboring tetrahedra differ between the two.
According to APO Research, The global Cubic Boron Nitride market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Cubic Boron Nitride is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Cubic Boron Nitride is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The China market for Cubic Boron Nitride is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Cubic Boron Nitride is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Cubic Boron Nitride include Element Six, Momentive, ILJIN, Saint-Gobain, Sumitomo Electric Industries, Sandvik Hyperion, Tomei Diamond, FUNIK and Zhengzhou Zhongnan Jete Superabrasives, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
In terms of production side, this report researches the Cubic Boron Nitride production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Cubic Boron Nitride by region (region level and country level), by company, by type and by application. from 2019 to 2024 and forecast to 2030.
This report presents an overview of global market for Cubic Boron Nitride, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Cubic Boron Nitride, also provides the consumption of main regions and countries. Of the upcoming market potential for Cubic Boron Nitride, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Cubic Boron Nitride sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Cubic Boron Nitride market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Cubic Boron Nitride sales, projected growth trends, production technology, application and end-user industry.
Cubic Boron Nitride segment by Company
Element Six
Momentive
ILJIN
Saint-Gobain
Sumitomo Electric Industries
Sandvik Hyperion
Tomei Diamond
FUNIK
Zhengzhou Zhongnan Jete Superabrasives
Famous Diamond
Besco Superabrasives
Berlt Hard Material
Zhengzhou Zhong peng
Henan Huanghe Whirlwind
Yuzhou Hehui Superhard Material Company
Cubic Boron Nitride segment by Type
CBN Monocrystalline
CBN Micro Mist
Cubic Boron Nitride segment by Application
Resin Bond and Vitrified Wheels
Resin Bond Grinding Wheels
Vitrified Wheels
Electroplated Products
PcBN
Others
Cubic Boron Nitride segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Study Objectives1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cubic Boron Nitride market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cubic Boron Nitride and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cubic Boron Nitride.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter OutlineChapter 1: Provides an overview of the Cubic Boron Nitride market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Cubic Boron Nitride industry.
Chapter 3: Detailed analysis of Cubic Boron Nitride market competition landscape. Including Cubic Boron Nitride manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Cubic Boron Nitride by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Cubic Boron Nitride in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.