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.
Now, China CBN production is the first in the world. .However, the quality of the Cubic Boron Nitride products is not high. Chinese main products are low grade and medium grade. The price is relatively low. In the United States, Europe, Japan, Cubic Boron Nitride product has a complete crystal, high strength, good thermal stability. Product prices are high in these areas, and profit is relatively high.
With the progress of technology, the price of Cubic Boron Nitride gradually decreased. However, the overall gross margin of Cubic Boron Nitride is still very high. CBN process requires relatively high, therefore, in the production of Cubic Boron Nitride manufacturers increasingly concentrated. In China, many small manufacturers will be eliminated.
Currently, CBN Monocrystalline in China accounted for 70% of the total, CBN micro mist accounted for 30% of the total. Most of China's CBN products are exported. With the advancement of technology in China, China's CBN products are increasingly used to their own products.
The global Cubic Boron Nitride market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Cubic Boron Nitride market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Cubic Boron Nitride in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Sumitomo Electric Industries
Zhengzhou Zhongnan Jete Superabrasives
Berlt Hard Material
Zhengzhou Zhong peng
Henan Huanghe Whirlwind
Yuzhou Hehui Superhard Material Company
By the product type, the market is primarily split into
CBN micro mist
By the end users/application, this report covers the following segments
Resin Bond and Vitrified Wheels
Resin Bond Grinding Wheels
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Cubic Boron Nitride market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Cubic Boron Nitride market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Cubic Boron Nitride manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Cubic Boron Nitride with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Cubic Boron Nitride submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Cubic Boron Nitride are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (M Ct). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Cubic Boron Nitride market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Cubic Boron Nitride market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.