With the rapid development of high-end manufacturing industries such as new energy vehicles and aerospace, the market demand for cubic boron nitride (CBN) has shown explosive growth. According to industry experts, the CBN market will grow at an average annual rate of more than 20% in the next five years.
Tianli New Materials, a major CBN manufacturer in China, recently announced that it will invest 500 million yuan to build a new production line, which is expected to be put into operation in 2026. The general manager of the company said that the new production line will use international advanced production equipment and technology, with an annual production capacity of 100,000 carats, and the products are mainly for the high-end market.
At the same time, a number of international CBN manufacturers have also increased their investment in China and set up production bases. This shows that China has become an important growth point of the global CBN market. Experts pointed out that domestic enterprises should seize the opportunity to strengthen technological innovation and improve product quality in order to cope with international competition.