Top 10 Companies in the Spherical Boron Nitride (BN) Industry (2025): Market Leaders Enabling Next-Generation Thermal Management

In Business Insights
December 26, 2025

The Global Spherical Boron Nitride (BN) Market was valued at US$ 8 million in 2022 and is projected to reach US$ 11 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2023–2029). This growth is being driven by surging demand for advanced thermal management solutions in electronics, the proliferation of 5G infrastructure, and the accelerating adoption of electric vehicles (EVs) that require high-performance thermally conductive materials.

As industries push the boundaries of miniaturization and power density, the demand for materials that efficiently dissipate heat has never been greater. Spherical boron nitride, with its exceptional thermal conductivity and electrical insulation properties, is at the forefront of this materials revolution. In this blog, we profile the Top 10 Companies in the Spherical Boron Nitride Industry—a mix of global chemical giants, specialized material suppliers, and innovative manufacturers shaping the future of thermal management.

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🔟 1. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: Hexagonal Boron Nitride (h-BN) powders and shapes, including spherical grades.

Saint-Gobain is a global leader in advanced ceramics and materials science. Through its subsidiary, Saint-Gobain Boron Nitride, the company offers a comprehensive portfolio of high-purity boron nitride products. Their expertise in material engineering makes them a key supplier for demanding applications in aerospace, electronics, and industrial heating.

Innovation and Market Focus:

  • Advanced synthesis of high-purity, spherical BN for optimal packing density.

  • Focus on thermally conductive composites for EV battery packs and power electronics.

  • Strong R&D pipeline for next-generation ceramic matrix composites (CMCs).


9️⃣ 2. 3M Company

Headquarters: Maplewood, Minnesota, USA
Key Offering: 3M™ Boron Nitride Cooling Fillers, including spherical and agglomerated forms.

3M is a dominant force in material innovation, and its electronic materials division is a major supplier of thermal management solutions. The company’s boron nitride cooling fillers are engineered to enhance the thermal conductivity of polymers, greases, and adhesives used in electronics and automotive systems.

Innovation and Market Focus:

  • Proprietary technologies for creating high-aspect-ratio and spherical BN particles.

  • Integration of BN into thermal interface materials (TIMs) for smartphones and servers.

  • Sustainability initiatives focused on reducing the carbon footprint of material production.


8️⃣ 3. xtra GmbH

Headquarters: Willich, Germany
Key Offering: Customized Boron Nitride powders, including spherical and coated variants.

xtra GmbH specializes in the refinement and customization of high-performance ceramic powders. The company is recognized for its ability to produce tailored boron nitride products with specific particle size distributions, morphologies, and surface treatments to meet unique customer requirements.

Innovation and Market Focus:

  • Expertise in particle spheroidization and surface functionalization.

  • Serves niche markets in European high-tech manufacturing and research institutions.

  • Strong focus on quality control and reproducibility for high-value applications.

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7️⃣ 4. Bestry Performance Materials

Headquarters: Beijing, China
Key Offering: Spherical boron nitride, BN nanosheets, and composite materials.

Bestry Performance Materials is a leading Chinese manufacturer focused on advanced boron nitride materials. The company has invested significantly in production capacity for spherical BN, positioning itself as a key supplier in the rapidly growing Asia-Pacific market for thermal management materials.

Innovation and Market Focus:

  • Large-scale production capabilities for cost-effective spherical BN supply.

  • Strategic focus on the domestic Chinese EV and 5G infrastructure markets.

  • Development of BN-based thermally conductive plastics for consumer electronics.


6️⃣ 5. Suzhou Ginet New Material

Headquarters: Suzhou, Jiangsu, China
Key Offering: Spherical boron nitride, aluminum nitride, and other ceramic powders.

Suzhou Ginet New Material is a specialized manufacturer of high-performance ceramic powders. The company has developed proprietary processes for producing high-quality spherical boron nitride, making it a significant player in the supply chain for thermal interface materials and electronic packaging.

Innovation and Market Focus:

  • Focus on achieving high purity and consistent particle morphology.

  • Caters to the robust electronics manufacturing sector in the Yangtze River Delta.

  • Investment in R&D for hybrid filler systems combining BN with other materials.


5️⃣ 6. Shandong Fangyuan

Headquarters: Zibo, Shandong, China
Key Offering: Boron Nitride in various forms, including spherical powders and crucibles.

Shandong Fangyuan is part of China’s robust industrial minerals sector. The company leverages its expertise in boron chemistry to produce a range of BN products. Its spherical boron nitride is increasingly used in thermally conductive plastics and coatings.

Innovation and Market Focus:

  • Vertical integration from raw materials to finished BN products.

  • Cost-competitive production serving both domestic and international markets.

  • Expansion into new application areas such as high-temperature lubricants.


4️⃣ 7. Suzhou Nutpool Materials Technology

Headquarters: Suzhou, Jiangsu, China
Key Offering: Spherical Boron Nitride, BN nanotubes, and advanced ceramic additives.

Suzhou Nutpool Materials Technology is an emerging innovator in the nano-material space. The company focuses on developing high-value-added boron nitride materials, including spherical powders engineered for maximum thermal conductivity enhancement in polymer composites.

Innovation and Market Focus:

  • Specialization in nano-sized and sub-micron spherical BN particles.

  • Strong R&D focus on overcoming the challenges of BN dispersion in matrices.

  • Targeting high-growth segments like LED lighting and flexible electronics.

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3️⃣ 8. Momentive Performance Materials

Headquarters: Strongsville, Ohio, USA
Key Offering: Hexagonal Boron Nitride powders and specialty materials.

While historically known for its silicon-based products, Momentive is a significant producer of boron nitride. The company’s technical expertise in high-temperature materials makes it a critical supplier for industries requiring reliable thermal management and electrical insulation.

Innovation and Market Focus:

  • Production of high-thermal-conductivity h-BN for release agents and composites.

  • Application development in conjunction with major automotive and electronics OEMs.

  • Focus on product consistency and performance under extreme conditions.


2️⃣ 9. Denka Company Limited

Headquarters: Tokyo, Japan
Key Offering: “EP-Spherical” Boron Nitride and other thermally conductive fillers.

Denka is a major Japanese chemical company with a strong focus on electronic and advanced materials. Its “EP-Spherical” boron nitride is specifically designed for electronic packaging applications, offering excellent flowability and high thermal conductivity to meet the stringent demands of the semiconductor industry.

Innovation and Market Focus:

  • Leading supplier to Japan’s world-class electronics and automotive sectors.

  • Continuous improvement of BN particle sphericity and purity for enhanced performance.

  • Development of composite materials for next-generation power devices.


1️⃣ 10. Shin-Etsu Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity synthetic silica and ceramic materials, including boron nitride specialties.

As a global leader in semiconductor silicon and other electronic materials, Shin-Etsu’s foray into boron nitride is strategically aligned with its core markets. The company’s material science expertise allows it to produce highly controlled BN powders for critical thermal management applications.

Innovation and Market Focus:

  • Leveraging semiconductor industry relationships to introduce BN solutions.

  • Ultra-high-purity materials suitable for sensitive electronic manufacturing processes.

  • Investment in scalable production processes for global supply chain integration.

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Spherical Boron Nitride (BN) Market – View in Detailed Research Report


🌍 Outlook: The Future of Spherical Boron Nitride Is Smarter and More Integrated

The spherical boron nitride market is undergoing a significant transformation. While it remains a niche, high-value material, its adoption is accelerating due to irreversible trends in electronics and electrification. The industry is investing in scaling production, improving cost-effectiveness, and developing novel composite formulations.

📈 Key Trends Shaping the Market:

  • Electrification of Transportation: The boom in EVs and hybrid vehicles is driving massive demand for thermal management solutions in battery systems, power electronics, and electric motors, where BN is an ideal filler material.

  • 5G and Advanced Electronics: The rollout of 5G technology and the increasing power density of devices like smartphones and servers require more efficient heat dissipation, propelling the use of BN in thermal interface materials.

  • Material Science Advancements: Ongoing R&D is focused on functionalizing BN surfaces to improve compatibility with polymer matrices, enabling higher loading rates and thus, greater thermal conductivity.

  • Geographic Production Shifts: While Europe and North America lead in high-value product innovation, Asia-Pacific is rapidly expanding its manufacturing capacity, positioning itself as a key production and consumption hub.

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Spherical Boron Nitride (BN) Market – View in Detailed Research Report

The companies listed above are not only supplying a critical material—they are enabling the technological advancements that define the modern world, from faster computers to cleaner transportation.