PUBLISHER: Grand View Research | PRODUCT CODE: 1554023
PUBLISHER: Grand View Research | PRODUCT CODE: 1554023
The global hexagonal boron nitride market size was estimated at USD 904.32 million in 2023 and is projected to grow at a CAGR of 5.1% in terms of revenue from 2024 to 2030. The market growth is driven by the unique properties of hexagonal boron nitride (h-BN) that make it highly valuable in various advanced technologies. h-BN, often referred to as "white graphene," exhibits exceptional thermal conductivity, high electrical resistivity, and excellent chemical stability. These characteristics make it an ideal material for use in electronics, such as in the production of high-performance insulators and thermal management components.
Hexagonal boron nitride (h-BN) is a synthetic material composed of boron and nitrogen atoms arranged in a hexagonal lattice, similar in structure to graphene. Often referred to as "white graphene," h-BN features a layered structure where the layers are held together by weak van der Waals forces. This structure gives h-BN unique physical and chemical properties that are highly desirable in various applications. Unlike graphene, h-BN is an electrical insulator, but it exhibits excellent thermal conductivity, making it suitable for use in high-temperature and high-performance applications.
Global Hexagonal Boron Nitride Market Report Segmentation
This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global hexagonal boron nitride market report based on application and region: