Pyrolytic Boron Nitride Market Outlook: Opportunities in Smart Devices and Thermal Insulation

The global pyrolytic boron nitride (PBN) market achieved sales revenue of US$201.8 million in 2022 and is expected to reach US$211.4 million by 2023. During the forecast period, PBN request It is expected to grow at a constant CAGR of 5.2%, driven by its increasing adoption in industries such as electronics, semiconductors and aerospace due to its excellent thermal stability, chemical resistance and high purity. As technological advances and innovations in end-user industries further increase the scope of application of PBN, the market size is expected to expand significantly, reaching US$ 350.2 million by 2033.

Various factors are expected to drive the global pyrolytic boron nitride market forward. These include expanding end-use industries, increasing research and development activities, and a strong industrial base.

The demand for pyrolytic boron nitride (PBN) is expected to increase steadily throughout the evaluation period due to the increasing demand for smart devices. Pyrolytic boron nitride has been found to outperform many of its better-known equivalents.

Consumers prefer PBN due to its high resistance to thermal shocks, superior thermal conductivity, high strength and low coefficient of thermal expansion. PBN stands out from competing materials due to its high-grade, non-porous structure, low density and excellent dielectric strength. These features make it suitable for applications such as display panels, 3D printing. heat insulationand semiconductors.

Expanding semiconductor and electronics industries are expected to increase PBN demand. This is due to the increasing use of pyrolytic boron nitride in the production of various compound semiconductors and electronics.

PBN is widely used in the semiconductor and electronics industries due to its many advantages. These include outstanding performance reliability, non-toxicity, superior thermal shock resistance, etc. takes place. The rising potential of the PBN market can be linked to the evolving growth and progress of the OLED display industry.

Higher use of PBN-coated graphite products also increases PBN consumption. Graphite is preferred in a wide variety of thermal applications due to its thermal properties and chemical resistance. PBN is coated on graphite or deposited as a coating. The coated graphite is formed into 3D or 2D objects.

PBN-coated graphite is increasingly used in crucibles, plates, tubes and vessels. As a result, it is expected to offer lucrative opportunities for the PBN market in terms of its thermal properties.

Key Takeaways from Pyrolytic Boron Nitride Market Report:

The global pyrolytic boron nitride market is estimated to reach approximately US$350.2 million by 2033.
Depending on the grade, the ultrapure segment is expected to grow at a CAGR of 2% by 2033.
According to filings, the CSCG segment is expected to reach a value of US$184.8 million by 2033.
Based on product type, the crucible segment is expected to reach a total revenue of US$7 million by 2033.
The United States market value is estimated to reach US$60.2 million by 2033.
Sales revenue in China is expected to total US$104.6 million by the end of 2033.
Demand in South Korea is expected to grow at a CAGR of 4% between 2023 and 2033.
Japan is expected to reach a total of US$13.1 million by 2033
UK industry is set to exhibit a CAGR of 2% by 2033.

“Increasing demand for pyrolytic boron nitride due to reduced costs in many industries is likely to stimulate the pyrolytic boron nitride market during the evaluation period. Manufacturers are targeting high levels of pyrolytic boron nitride to make it suitable for a number of applications expected to remain in high demand by 2033, including semiconductors, LEGACY displays and 3D printing.” focuses on PBN with thermal conductivity.” – says a chief analyst at FMI

Who’s winning?

Momentive Technologies, Ltd., and Shenyang Shunli Graphite Co., Ltd. are the largest producers of pyrolytic boron nitride listed in the full version of the report.

These players are expected to invest heavily in research and development to explore new production processes and application areas for this product.

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Global Pyrolytic Boron Nitride Market Segmentation

By class:

By Product Type:

crucibles
hits
sticks
plates
tubes
coatings
Others

By application:

Wafer Processing
OLED
Oven Components
CSCG
Others

By region:

North America
Latin America
Europe
East Asia
South Asia and Pacific
Middle East and Africa

About Future Market Analysis (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insight into the driving factors driving demand in the market. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the Packaging, Food & Beverage, Consumer Technology, Healthcare, Industrial and Chemicals markets. With a large team of over 400 analysts FMI provides global, regional and local expertise in a variety of fields and industry trends in more than 110 countries around the world. Join us as we commemorate 10 years of providing trusted market insights. Building on decades of success, we continue to lead with integrity, innovation and expertise.

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