Market Overview:
The global cubic boron nitride micron powder market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cubic boron nitride micron powder from various applications, such as resin bond and vitrified wheels, resin bond grinding wheels, vitrified wheels, electroplated products and others. Additionally, the growing demand for high-performance materials across various industries is also contributing to the growth of this market.
Product Definition:
Cubic Boron Nitride (CBN) is a white crystalline powder that is composed of boron and nitrogen. It has a hardness of 9.5 on the Mohs scale, making it the second hardest material known next to diamond. CBN micron powder can be used as an abrasive for grinding materials such as glass, ceramic, and gemstones.
Black:
The global black is used in various applications such as semiconductors, optoelectronics and telecommunication devices, magnetic media and construction industry. It has a wide range of application areas due to its superior properties such as conductivity & corrosion resistance. The market for the same is expected to witness growth over the forecast period owing to increasing demand from end-use industries.
Amber:
Amber is a fossil resin that consists of tree sap or the hardened tree resin. It is often found in deposits with other minerals such as calcite, Titanite, and fluorite. Amber has been used by humans for thousands of years to produce jewelry and decorative items such as carvings, paintings & sculptures and also for lighting candles.
Application Insights:
Electroplated products application segment accounted for the largest share of over 30% in 2017. Electrolytic Cubic Boron Nitride (ECBN) is used as a protective coating for steel and other base metals to prevent corrosion. The product has an advantage over conventional protective coatings in that it does not require a subsequent baking step, which leads to reduced production costs. ECBN also provides superior resistance against acids, alkalis and solvents, which further propels its demand among various industries including automotive & transportation and electrical & electronics applications.
Resin bond grinding wheels are expected to be the fastest-growing application segment with a CAGR of XX% from 2018 to 2030 owing largely due by increased usage of resin-bonded components in several end-use industries such as construction equipment manufacturing industry globally owing mainly due by excellent wear resistance properties offered by ECN powder during grinding process on these wheels.
Regional Analysis:
North America cubic boron nitride micron powder market is expected to grow at a significant rate over the forecast period. Increasing demand for heavy-duty trucks in the U.S., coupled with stringent regulations regarding fuel economy, is likely to propel industry growth over the coming years. In addition, growing production of electric and hybrid vehicles in Mexico on account of rising government support for such initiatives is anticipated to drive product consumption further.
Asia Pacific accounted for a revenue share of more than 30% in 2017 owing to increasing automobile manufacturing activities across key countries including India, China and Japan along with supportive policies aimed at reducing carbon emissions from vehicular sources are projected to be major driving factors responsible for increased product utilization over the next eight years (2030). Furthermore, rapid industrialization along with expanding end-use industries including construction has resulted in high demand across this region as well which will boost market growth during the forecast period.
Europe was estimated as one of the largest regional markets by volume.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for CBN micron powder as a cutting tool material due to its superior wear resistance and thermal stability.
- Growing demand for CBN micron powder in the aerospace industry due to its high hardness, toughness, and thermal stability.
- Rising use of CBN micron powder in medical applications such as implants, prostheses, and dental products owing to its biocompatibility properties.
- Increasing adoption of CBN micron powder in the automotive sector for manufacturing brake pads, clutch plates, and gears owing to its excellent friction properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cubic Boron Nitride Micron Powder Market Research Report
By Type
Black, Amber
By Application
Resin Bond and Vitrified Wheels, Resin Bond Grinding Wheels, Vitrified Wheels, Electroplated Products, Others
By Companies
Element Six, Saint-Gobain, Sandvik Hyperion, Worldwide Superabrasives, Van Moppes, Yuzhou Hehui Superhard Material Company, Zhengzhou Zhongnan Jete Superabrasives, Besco Superabrasives
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Cubic Boron Nitride Micron Powder Market Report Segments:
The global Cubic Boron Nitride Micron Powder market is segmented on the basis of:
Types
Black, Amber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Resin Bond and Vitrified Wheels, Resin Bond Grinding Wheels, Vitrified Wheels, Electroplated Products, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Element Six
- Saint-Gobain
- Sandvik Hyperion
- Worldwide Superabrasives
- Van Moppes
- Yuzhou Hehui Superhard Material Company
- Zhengzhou Zhongnan Jete Superabrasives
- Besco Superabrasives
Highlights of The Cubic Boron Nitride Micron Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Black
- Amber
- By Application:
- Resin Bond and Vitrified Wheels
- Resin Bond Grinding Wheels
- Vitrified Wheels
- Electroplated Products
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cubic Boron Nitride Micron Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cubic Boron Nitride Micron Powder is a type of powder made from boron nitride. It is used in various industrial and technological applications, such as ceramics, semiconductors, and composites.
Some of the major companies in the cubic boron nitride micron powder market are Element Six, Saint-Gobain, Sandvik Hyperion, Worldwide Superabrasives, Van Moppes, Yuzhou Hehui Superhard Material Company, Zhengzhou Zhongnan Jete Superabrasives, Besco Superabrasives.
The cubic boron nitride micron powder market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cubic Boron Nitride Micron Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cubic Boron Nitride Micron Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cubic Boron Nitride Micron Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cubic Boron Nitride Micron Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cubic Boron Nitride Micron Powder Market Size & Forecast, 2020-2028
4.5.1 Cubic Boron Nitride Micron Powder Market Size and Y-o-Y Growth
4.5.2 Cubic Boron Nitride Micron Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Black
5.2.2 Amber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Resin Bond and Vitrified Wheels
6.2.2 Resin Bond Grinding Wheels
6.2.3 Vitrified Wheels
6.2.4 Electroplated Products
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cubic Boron Nitride Micron Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cubic Boron Nitride Micron Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Black
9.6.2 Amber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Resin Bond and Vitrified Wheels
9.10.2 Resin Bond Grinding Wheels
9.10.3 Vitrified Wheels
9.10.4 Electroplated Products
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Black
10.6.2 Amber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Resin Bond and Vitrified Wheels
10.10.2 Resin Bond Grinding Wheels
10.10.3 Vitrified Wheels
10.10.4 Electroplated Products
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Black
11.6.2 Amber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Resin Bond and Vitrified Wheels
11.10.2 Resin Bond Grinding Wheels
11.10.3 Vitrified Wheels
11.10.4 Electroplated Products
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Black
12.6.2 Amber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Resin Bond and Vitrified Wheels
12.10.2 Resin Bond Grinding Wheels
12.10.3 Vitrified Wheels
12.10.4 Electroplated Products
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Black
13.6.2 Amber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Resin Bond and Vitrified Wheels
13.10.2 Resin Bond Grinding Wheels
13.10.3 Vitrified Wheels
13.10.4 Electroplated Products
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cubic Boron Nitride Micron Powder Market: Competitive Dashboard
14.2 Global Cubic Boron Nitride Micron Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Element Six
14.3.2 Saint-Gobain
14.3.3 Sandvik Hyperion
14.3.4 Worldwide Superabrasives
14.3.5 Van Moppes
14.3.6 Yuzhou Hehui Superhard Material Company
14.3.7 Zhengzhou Zhongnan Jete Superabrasives
14.3.8 Besco Superabrasives
