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.
LPI (LP Information)' newest research report, the “Cubic Boron Nitride Industry Forecast” looks at past sales and reviews total world Cubic Boron Nitride sales in 2022, providing a comprehensive analysis by region and market sector of projected Cubic Boron Nitride sales for 2023 through 2029. With Cubic Boron Nitride sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cubic Boron Nitride industry.
This Insight Report provides a comprehensive analysis of the global Cubic Boron Nitride lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cubic Boron Nitride portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cubic Boron Nitride market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cubic Boron Nitride and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Cubic Boron Nitride market size is projected to grow from US$ 44400 million in 2022 to US$ 93990 million in 2029; it is expected to grow at a CAGR of 93990 from 2023 to 2029.
Global Cubic Boron Nitride key players include FUNIK, Element Six, Momentive, ILJIN, Saint-Gobain, etc. Global top five manufacturers hold a share over 45%.
China is the largest market, with a share over 65%, followed by Europe and US, both have a share over 15%.
In terms of application, the largest application is Resin bond and vitrified wheels, followed by Resin bond grinding wheels, Vitrified wheels, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Cubic Boron Nitride market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Cubic Boron Nitride Includes:
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
Market Segment by Type, covers:
CBN Monocrystalline
CBN Micro Mist
Market Segment by Applications, can be divided into:
Resin Bond and Vitrified Wheels
Resin Bond Grinding Wheels
Vitrified Wheels
Electroplated Products
PcBN
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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