The USA currently owns 17.3% of the value shares in the globe, valued at US$ 37.9 million. The USA is anticipated to be one of the top markets for pyrolytic boron nitride demand during the course of the projected timeframe.
The global pyrolytic boron nitride market stands at US$ 201.8 Mn as of now and is expected to reach US$ 333.0 Mn by the year 2032 at a CAGR of 5.2% between 2022 and 2032.
Pyrolytic boron nitride is being increasingly used to produce plates, crucibles, boats, and likewise due to its specific properties like thermal stability and exceptional mechanical strength. These factors are expected to take the pyrolytic boron nitride market by storm in the forecast period.
Pyrolytic boron nitride comes across as one of the quality ceramic materials possessing a hexagonal crystal structure. Thus ceramic could be categorized as a high-temperature, anisotropic ceramic. It’s conducive wherein lower thermal expansion co-efficient, higher strength, and explicit thermal shock resistance are needed. 0% porosity is another advantage of pyrolytic boron nitride.
It has also been observed that pyrolytic nitride renders a much better performance as compared to certain counterparts. It, actually, stands out due to higher dielectric strength, low density, non-porous nature, and higher purity.
With nothing to hold the electronics vertical back, tremendous growth of the OLEDs and various compound semiconductors is there to keep the hopes high for pyrolytic boron nitride market in the forecast period. OLED televisions are continuously climbing the chart of popularity owing to diverse benefits regarding black levels and viewing angles.
The CVD process helps the pyrolytic boron nitride have a nearly perfect layered structure, which, in turn, makes it all the more suitable for crucibles in OLED vertical.
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Graphite-based pyrolytic boron nitride coating products are being increasingly asked for. Graphite is well-suited in thermal applications due to chemical resistance and thermal characteristics. Coated graphite gets processed into 2D or 3D articles. The applications, apart from crucibles, include boats, wafers, and tubes. Coated pyrolytic boron nitride also serves graphite heaters well, so as to avert corrosion.
As stated above, purity level of pyrolytic boron nitride is 99.9%. This characteristic serves the semiconductor manufacturing process well.
At the same time, fact that boron halide and ammonia do react under higher temperature to form higher vacuum conditions for pyrolytic boron nitride can’t be ignored. The CVD (chemical vapour deposition) process does have certain disadvantages like needing high deposition temperatures for achieving sufficient crystallinity. This proves to be pretty cumbersome and expensive. Plus, there are safety and chemical hazards associated with usage of toxic, flammable, and several other risk-related precursors. These require additional steps in handling and treating reactor exhaust. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Pyrolytic Boron Nitride Market’.
Key Takeaways from Pyrolytic Boron Nitride Market
“The semiconductors vertical is bound to accelerate the pyrolytic boron nitride market in the forecast period”, says an analyst from Future Market Insights.
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Mar 27, 2023