Cubic Boron Nitride Market - Global Outlook and Forecast 2023-2028

Report ID: 1030828 | Published Date: Jan 2025 | No. of Page: 114 | Base Year: 2024 | Rating: 4.9 | Webstory: Check our Web story

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.
As diamond is less stable than graphite, Cubic Boron Nitride is less stable than h-BN, but the conversion rate between those forms is negligible at room temperature (again like diamond). The cubic form has the sphalerite crystal structure, the same as that of diamond, and is also called β-BN or c-BN. The wurtzite BN form has the same structure as lonsdaleite, a rare hexagonal polymorph of carbon. In both c-BN and w-BN, the boron and nitrogen atoms are grouped into tetrahedra, but the angles between neighboring tetrahedra differ between the two.
This report contains market size and forecasts of Cubic Boron Nitride in global, including the following market information:
Global Cubic Boron Nitride Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cubic Boron Nitride Market Sales, 2017-2022, 2023-2028, (M Ct)
Global top five Cubic Boron Nitride companies in 2021 (%)
The global Cubic Boron Nitride market was valued at 46700 million in 2021 and is projected to reach US$ 93540 million by 2028, at a CAGR of 10.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
CBN Monocrystalline Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cubic Boron Nitride include Element Six, Momentive, ILJIN, Saint-Gobain, Sumitomo Electric Industries, Sandvik Hyperion, Tomei Diamond, FUNIK and Zhengzhou Zhongnan Jete Superabrasives, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cubic Boron Nitride manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cubic Boron Nitride Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Ct)
Global Cubic Boron Nitride Market Segment Percentages, by Type, 2021 (%)
CBN Monocrystalline
CBN Micro Mist
Global Cubic Boron Nitride Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Ct)
Global Cubic Boron Nitride Market Segment Percentages, by Application, 2021 (%)
Resin Bond and Vitrified Wheels
Resin Bond Grinding Wheels
Vitrified Wheels
Electroplated Products
PcBN
Others
Global Cubic Boron Nitride Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Ct)
Global Cubic Boron Nitride Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cubic Boron Nitride revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cubic Boron Nitride revenues share in global market, 2021 (%)
Key companies Cubic Boron Nitride sales in global market, 2017-2022 (Estimated), (M Ct)
Key companies Cubic Boron Nitride sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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

Frequently Asked Questions
Cubic Boron Nitride Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Cubic Boron Nitride Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Cubic Boron Nitride Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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