Global and Japan Cubic Boron Nitride Market Insights, Forecast to 2027

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.
Global Cubic Boron Nitride key players include FUNIK, Element Six, Momentive, ILJIN, Saint-Gobain, etc. Global top five manufacturers hold a share over 45%.
China is the largest market, with a share over 65%, followed by Europe and US, both have a share over 15%.
In terms of application, the largest application is Resin bond and vitrified wheels, followed by Resin bond grinding wheels, Vitrified wheels, etc.

Market Analysis and Insights: Global and Japan Cubic Boron Nitride Market
This report focuses on global and Japan Cubic Boron Nitride market.
In 2020, the global Cubic Boron Nitride market size was US$ 41870 million and it is expected to reach US$ 84450 million by the end of 2027, with a CAGR of 10.9% during 2021-2027. In Japan the Cubic Boron Nitride market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Cubic Boron Nitride Scope and Market Size
Cubic Boron Nitride market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Cubic Boron Nitride market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Cubic Boron Nitride market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.

Segment by Type
CBN Monocrystalline
CBN Micro Mist

Segment by Application
Resin Bond and Vitrified Wheels
Resin Bond Grinding Wheels
Vitrified Wheels
Electroplated Products
PcBN
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
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