According to Cognitive Market Research, the global Pyrolytic Boron Nitride Market size will be USD 181.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 72.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 54.48 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 41.77 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 9.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 3.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.
The water processing category is the fastest growing segment of the Pyrolytic Boron Nitride industry