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Global Pyrolytic Boron Nitride (PBN) Market: Dynamics
Drivers
The global pyrolytic boron nitride market is projected to witness robust growth owing to its properties such as high purity, high mechanical strength and high thermal stability. Due to these properties it is used across various end-use industries, such as furnace and electrical components. Pyrolytic boron nitride is non-toxic, non-wetting and inert to nearly all the compounds.
The rapid growth in the demand for smart electronics is projected to boost the demand for pyrolytic boron nitride over the forecast period. The use of pyrolytic boron nitride has showcased superior performance as compared to conventionally used substitutes. Therefore, the market for pyrolytic boron nitride is expected to witness significant growth over the forecast period.
Restraints
One of the major challenges for the growth of the global pyrolytic boron nitride market is high temperature required to achieve sufficient crystallinity. Another major challenge faced by the global pyrolytic boron nitride market is high production costs associated when it is produced from the chemical vapor deposition of borazine. Moreover, there are challenges pertaining to low yield, long deposition duration, and high deposition temperature and energy consumption. There are also numerous problems pertaining to the corrosive substances and toxic chemicals and by products which may corrode the device and pollute the environment. The availability of substitutes at low cost is also a major factor expected to restrain the market growth.
Trends
With their growing use in electronics and semiconductors industry, the manufacturers are entering into long-term supply contracts with smart electronics manufacturers. They are also focusing on the improvement of properties and yield and reduction in production costs of pyrolytic boron nitride.
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Global Pyrolytic Boron Nitride (PBN) Market: Regional Outlook
In terms of geography, the global pyrolytic boron nitride market is projected to be dominated by the Asia Pacific region. This is attributed to the increasing demand for electronic devices and semiconductors in the region. China is projected to be the leading market in terms of demand for pyrolytic boron nitride over the forecast period. The rapid growth in the building and construction industry is also projected to generate significant demand for pyrolytic boron nitride in the region. Regions such as North America and Europe are also expected to hold significant share in the global market. Latin America and Middle East and Africa is projected to remain low volume–moderate growth region over the forecast period.
Global Pyrolytic Boron Nitride (PBN) Market: Participants
Examples of some of the participants identified across the value chain of the global pyrolytic boron nitride (PBN) market are:
- Morgan Technical Ceramics
- Shin-Etsu’s
- Beijing Boyu Semiconductor Vessel Craftwork Technology Co.,Ltd,
- Performance Materials, Inc.,
- Stanford Advanced Materials
- Momentive
- Multi-Lab Ltd.
- The 3M company
- Shandong Pengcheng Special Ceramics
- Neyco
The research report Pyrolytic Boron Nitride (PBN) presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Pyrolytic Boron Nitride (PBN) also contains projections using a suitable set of assumptions and methodologies. The research report Pyrolytic Boron Nitride (PBN) provides analysis and information according to market segments such as geographies, application, and industry.
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The report Pyrolytic Boron Nitride (PBN) covers exhaustive analysis on:
- Pyrolytic Boron Nitride (PBN) Market Segments
- Pyrolytic Boron Nitride (PBN) Market Dynamics
- Pyrolytic Boron Nitride (PBN) Market Size
- Pyrolytic Boron Nitride (PBN) Supply & Demand
- Pyrolytic Boron Nitride (PBN) Current Trends/Issues/Challenges
- Pyrolytic Boron Nitride (PBN) Competition & Companies involved
- Pyrolytic Boron Nitride (PBN) Technology
- Pyrolytic Boron Nitride (PBN) Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report Pyrolytic Boron Nitride (PBN) is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report Pyrolytic Boron Nitride (PBN) provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report Pyrolytic Boron Nitride (PBN) also maps the qualitative impact of various market factors on Pyrolytic Boron Nitride (PBN) market segments and geographies.