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Boron Nitrate Powder Market Size, Share Global Analysis Report, 2020–2026

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Boron Nitrate Powder Market By Form (Amorphous Form, Hexagonal Form, Cubic Form, Wurtzite Form) And By Application (Coatings & Mold Release, Composites, Electrical Insulation, Lubrication, Mechanical Tools, Paints, Personal Care, Thermal Spray, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026

Industry Insights

[185+ Pages Report] According to the report published by Facts Factors, the global boron nitrate powder market size was worth around USD 1,200 million in 2019 and is predicted to grow to around USD 1,700 million by 2026 with a compound annual growth rate (CAGR) of roughly 4% between 2020 and 2026. The report analyzes the global boron nitrate powder market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the boron nitrate powder market.

The boron nitrate powder market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Boron Nitrate Powder market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Tons) and value (USD Million) from FY 2016 – 2026.

Boron Nitrate Powder Market Size

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logoKey Insights from Primary Research

  • As per the analysis shared by our primary respondents, the Boron Powder Nitrate is expected to grow annually at a CAGR of around 4%.
  • Through the primary research, it was established that the Boron Powder Nitrate market is valued at around USD 1200 Million in 2019.
  • Based on form segmentation, the Hexagonal Form was predicted to show maximum market share in the year 2019.
  • The coating category, based on application segmentation, was the leading revenue-generating 2019.
  • On the basis of region, the “Asia Pacific” region was the leading revenue generator in 2019.

logoKey Recommendations from Analysts

  • As per our analysts, the boron nitrate powder market demand is accelerating owing to its numerous benefits such as corrosion and temperature resistance along with high oxidation resistance.
  • The availability of boron nitrate in various forms makes it useful for various appliances.
  • Growing at a CAGR around 4%, the boron nitrate powder market provides numerous growth possibilities for all of the involved stockholders across the entire value chain.
  • The growing use of ceramic in various industries such as construction, home appliances, interior design makes it an ideal choice for most key players of the industry.
  • Our analysts have identified the “mechanical tools” category as the leading investment pocket for the boron nitrate powder market in terms of application segmentation respectively.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Boron Nitrate Powder industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Boron Nitrate Powder industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Boron Nitrate Powder market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Boron Nitrate Powder industry. The Boron Nitrate Powder market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Boron Nitrate Powder sector. Key strategic developments in the Boron Nitrate Powder market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Boron Nitrate Powder market are appropriately highlighted in the report.

Boron Nitrate is an inorganic compound that is available in various forms and it is considered to be an excellent substitute for lubricants. Boron Nitrate powder is used in metal processing as it is resistive against corrosion and high temperature. It is also used in the ceramic and cosmetic industry. Several technological advancements for introducing more innovative and developed products in the market for various applications has provided several beneficial prospects for the market. The region of Asia Pacific is considered to be most profitable for the market owing to the growing demand for various electronics devices along with the easy availability of raw materials and low labor costs.

The Boron Nitrate Powder market research report delivers an acute valuation and taxonomy of the Boron Nitrate Powder industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

logoReport Scope

Report Attribute

Details

Market Size in 2019

USD 1,200 Million

Projected Market Size in 2026

USD 1,700 Million

CAGR Growth Rate

4% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

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

Key Segment

By Form, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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The regional segmentation of the Boron Nitrate Powder industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Boron Nitrate Powder industry is provided for the leading economies of the world.

The Boron Nitrate Powder market is segmented based on Form and Application. On the basis of form segmentation, the market is classified into Amorphous Form, Hexagonal Form, Cubic Form, Wurtzite Form. In terms of application, the market is bifurcated into Coatings & Mold Release, Composites, Electrical Insulation, Lubrication, Mechanical Tools, Paints, Personal Care, Thermal Spray, Others.

logoSome of the essential players operating in the Boron Nitrate Powder market, but not restricted to include

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

The taxonomy of the Boron Nitrate Powder industry by its scope and segmentation is as follows:

logo By Form Segmentation Analysis (Customizable)

  • Amorphous Form
  • Hexagonal Form
  • Cubic Form
  • Wurtzite Form

logo By Application Segmentation Analysis (Customizable)

  • Coatings & Mold Release
  • Composites
  • Electrical Insulation
  • Lubrication
  • Mechanical Tools
  • Paints
  • Personal Care
  • Thermal Spray
  • Others

logo Regional Segmentation Analysis (Customizable)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

 

Industry Major Market Players

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

Frequently Asked Questions

The surging use of boron nitrate as an additive in cosmetic products that are globally used for various purposes is projected to boost the demand for the market in the coming years.
The global Boron Nitrate Powder Market in 2019 was approximately USD 1,200 Million. The market is expected to grow at a CAGR of 4% and is anticipated to reach around USD 1,700 Million by 2026.
Asia Pacific will contribute notably towards the global Boron Nitrate Powder Market value
Some of the leading players in the global market include are Saint-Gobain, Henze BNP AG, The 3M Company, Kennametal, Mizushima Ferroalloy Co., Ltd., Denka Company Ltd, ZYP Coatings Inc., Showa Denko K.K., H.C.Starck GmbH, Momentive Performance Materials Inc.