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Home > Research Reports > Cubic Boron Nitrates Market Set to Reach $2.16 Billion by 2035, Driven by Industrial Demand and Technological Advancements

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Cubic Boron Nitrates Market Set to Reach $2.16 Billion by 2035, Driven by Industrial Demand and Technological Advancements

Published by Jessica Weisman-Pitts

Posted on April 1, 2025

5 min read

Last updated: April 1, 2025

Ceramic adhesives market growth trends and projections - Global Banking & Finance Review — An insightful representation of the ceramic adhesives market, highlighting projected growth and trends across key sectors like construction and healthcare, as discussed in the article.

The global cubic boron nitrates market is expected to reach a valuation of USD 1,021.2 million in 2025 and expand at a CAGR of 7.8% to end up at USD 2,164.3 million by 2035. The cubic boron nitrates market has been growing rapidly, due to its critical role in industrial applications that require extreme hardness and durability. Cutting, grinding, and drilling processes need the use of CBN, a synthetic material that is second only to diamond in hardness.

Cubic boron nitrates tools are used by the heavy machinery, automotive, and aerospace industries to increase accuracy and productivity. For instance, compared to a standard abrasive, CBN cutting tooling has the benefit of greater wear resistance and long-term application in tough machining applications, such as high-strength steels and super alloys.

Advancements in manufacturing technologies and increasing concern about sustainability are also being felt by the market. Companies are investing in researches to develop environment-friendly and high-performance CBN products that meet the growing demand for efficiency and environmental compliance. For example, some manufacturers have developed CBN-based tools that consume less energy and generate minimal waste during machining processes.

The increasing adoption of automation and smart manufacturing is also driving up the growth of CBN products. With an increased quest for industry efficiency in terms of optimization, the demand for consistent, high-performance materials comes in the form of CBN. Growth in the global industrial sector along with these trends will ensure a well-rounded growth trajectory for the cubic boron nitrates market over the coming years.

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Key Takeaways from the Market Study:

Global cubic boron nitrates market will grow at a CAGR of 7.8%, reaching USD 2,164.3 million by the end of 2035.
North America will expand at a CAGR of 8.1% from 2025 to 2035, capturing 24.6% of the market share in 2024 and offering an absolute opportunity of USD 294.2 million.
East Asia will account for 21.8% of market share in 2025, generating an absolute dollar opportunity of USD 253.5 million between 2025 and 2035.
Between 2025 and 2035, the product of inserts segment is expected to produce an absolute dollar opportunity of USD 390.1 million.
With a 1% market share, by application, raw abrasives are estimated to be worth USD 307.4 million in 2025.

"Industrial demand for hard, durable cutting tools is the basis on which the cubic boron nitrates market thrives. Its critical role in machining aerospace super alloys and automotive hardened steels with greater efficiency.” says a Fact.MR analyst.

Market Development

Key companies involved in cubic boron nitrates industry are 3M Company, Funik Ultrahard Material Co., Ltd., Advanced Abrasives Corporation, Reishauer AG, Asahi Diamond Industrial Co., Ltd., Saint-Gobain Surface Conditioning, Baltic Abrasive Technologies, Element Six (UK) Ltd., Showa Denko K.K, ILJIN Diamond Co., Ltd., NanoDiamond Products DAC and Other Key Players.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global Cubic Boron Nitrates market, presenting historical data for 2020 to 2024 and forecast statistics for 2025 to 2035.

The study reveals essential insights based on product (inserts, wheels, mesh, powder), application (raw abrasives, coatings, cutting & grinding, lapping & polishing, other applications) and across major seven regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa).

Key Companies Profiled:

3M Company; Funik Ultrahard Material Co., Ltd; Advanced Abrasives Corporation; Reishauer AG; Asahi Diamond Industrial Co., Ltd; Saint-Gobain Surface Conditioning; Baltic Abrasive Technologies; Element Six (UK) Ltd; Showa Denko K.K; ILJIN Diamond Co., Ltd; NanoDiamond Products DAC; Other Key Players.

Industry News:

In January 2025, Alfa Chemistry, a world leader in materials science, is expanding its syndiamond portfolio, further establishing its industry footprint. The business recently added diamond micron powder, nanodiamond powder, and cubic boron nitride micron powder as new ingredients to its lineup of synthetic diamond and cubic boron nitride (CBN) products in a calculated move.
In December 2021, AIXTRON has developed, built and integrated a new detailed industrial-grade reactor for graphene and cubic boron nitride with a capability to produce 200 mm epi-wafers. It is an innovative tool in the research project GIMMIK. The main goal of the GIMMIK project is to analyze the production of graphene layers under industrial conditions, identify the weak points, and present methods to eliminate error sources.

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