Silicon Nitride Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

Global silicon nitride market is expected to rise to an estimated value of USD 180.53 million by 2026, registering a CAGR of 7.58% in the forecast period of 2019-2026. Increasing demand of silicon nitride from various end industries is major factor for the growth of this market.

The silicon nitride market is driven by a wide range of applications of silicon nitride in the manufacture of automotive turbochargers. The use of silicon nitride as an alternative in the end-use industry is also driving the growth of the silicon nitride market. The manufacturing process of silicon nitride is complex and expensive. In addition to this, the beneficial development of the silicon nitride market is limited because ceramics such as alumina, silicon carbide, etc. are available as alternatives. The adoption of electric and hybrid vehicles and the development of silicon nitride as a biocompatible material in the medical industry will drive the growth of the silicon nitride market in the future.

Key Market Competitors:

Few of the major competitors currently working in the global silicon nitride market are UBE INDUSTRIES, LTD., Denka Company Limited., AlzChem Group AG,  H.C. Starck GmbH, 3M, CeramTec, KYOCERA Corporation, Morgan Advanced Materials, Toshiba Corporation, Rogers Corporation, Reade International Corp, Panadyne, Dynamic Ceramic, SINTX Technologies, CoorsTek Inc., among others.

Silicon Nitride Market- Segmentation

 

By Type

• Reaction Bonded Silicon Nitride
• Hot Pressed Silicon Nitride
• Sintered Silicon Nitride

 

By End-User

• Automotive
• Photovoltaic
• General Industry
• Aerospace
• Medical
• Others

By Grade

• Standard Grade
• High Purity Grade

By Application

• Reciprocating Engine Components
• Bearings
• Metal Working Tools
• Electronic Circuit Manufacturing
• Medical Devices

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Key Questions Answered by Silicon Nitride Market Report

• What was the Silicon Nitride Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Silicon Nitride Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Silicon Nitride Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.