AMA recognizes the following companies as the key players who are driving Boron Nitride market, some of them are 3M Company(United States), Saint-Gobain(France), Ceradyne, Inc.(United States), Momentive(Germany), H.C.Starck(United States), UK Abrasives(Japan), Denka(Germany), Henze(Japan), Showa Denko Group(japan), Shin-Etsu Chemical(China), Xinfukang(China), Qingzhou Fangyuan(China) and Zibo Jonye Ceramic Technologies(China).
An analyst from AdvanceMarketAnalytics team said: One of the key factors which is trending the market is Increasing industrialization & commercialization, Availability of boron nitrides in various forms and Owing to favourable government initiatives vis a electric vehicles. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Boron Nitride such as Hexagonal Boron Nitride (HBN), Cubic boron nitride (CBN) and Wurtzite Boron Nitride (WBN).
According to the report, some of the important driving forces behind the market growth are Non-clogging- its tough to wet Hexagonal Boron Nitride (hBN)
. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Vendors, additional restraints impacting market are High cost of Boron nitrides and its ability to exhibit weak fibrogenic activity are the certain restraints in its market growth. Moreover, it may cause pneumoconiosis when inhaled. which is continuously seeking attention of Industry Experts and Decision makers.
The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Vendors.