Global Hexagonal Boron Nitride Market Trends and Opportunity Analysis to 2022
Global Hexagonal Boron Nitride Market Size Report:
Research Cosmos Analyst Predicts that the global hexagonal boron nitride market size is projected to reach USD $ 650.11 Million in 2017 and is expected to reach a value of USD $ 890.2 million in 2023 with a CAGR value of 5.1% during forecast period.
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The increasing investments for product development by foundation cream manufacturers, such as L'Oréal, Estée Lauder, Chanel, Oriflame, Sephora, etc. are expected to further boost the demand for hexagonal boron nitride from the personal care sector during the forecast period. The highest concentration of use is in eyeshadow formulations, which dominates consumption with 25% market share in the cosmetics segment.
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Detailed Segmentation in Global Hexagonal Boron Nitride Market:
Global Hexagonal Boron Nitride Market – By Type:
- Premium Grade (PG)
- Standard Grade (SG)
- Custom Grade (CG)
Global Hexagonal Boron Nitride Market – By End User:
- Hexagonal Boron Nitride Composite Ceramics
- Preparation of Cubic Boron Nitride (CBN)
- Paints & Coatings and Lubricants Industry
- Cosmetics Industry
- Industrial Packing
- Others
Global Hexagonal Boron Nitride Market – By Region:
- North America
- Europe
- South America
- Middle East & Africa
Key players operating in Global Hexagonal Boron Nitride Market:
- Momentive Performance Materials (U.S)
- Henze Borona Nitride Products AG (Germany)
- Saint Gobain S. A (China) and 7 More
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