Silicon Nitride Market Demand, Growth Trend, Chain Structure, Supply and Demand Forecast To 2027 by Top Players AlzChem, KYOCERA Corporation, UBE

According to the current analysis of Reports and Data, the global Silicon Nitride market was valued at USD 88.1 million in 2018 and is expected to reach USD 157.5 million by year 2026, at a CAGR of 7.5 percent.

Silicon Nitride (Si3N4), a non-oxide ceramic has an excellent combination of material properties. They are as light weighted as silicon carbide (SiC), but their microstructure gives them excellent thermal shock resistance and their high fracture toughness makes them resistant to impacts and shocks. Si3N4 Ceramics is used for balls bearings, ceramic forming tools and automotive components and even due to its high temperature resistance; it is used for welding process.

Rise in environmental worries and emission regulations for light duty as well as heavy duty vehicles will assist the demand for turbochargers and will push the demand for silicon nitride for the production of turbocharger rotors. Availability of alternative ceramic materials is found to be one of the key factors restraining the growth of this market over the forecast years.

Some of the dominant and influential players in the Silicon Nitride market are:

AlzChem, KYOCERA Corporation, UBE, Yantai Tomley Hi-tech Advanced Materials can produce all grades of Si3N4

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The report evaluates the CAGR value as well as the market value based on the key market dynamics and growth-inducing factors. This study is based on the latest industry news, growth potentials, and trends. The study is meticulously drawn and is exclusively centered around the market scenarios, competitive landscapes, and the influential participants of the markets.

For the purpose of this report, Reports and Data have segmented the Silicon Nitride market on the basis of product type, grade, application, end use, and region:

Product Type (Revenue, USD Million; 2016–2026)

• Reaction-Bonded
• Sintered Reaction-Bonded
• Hot Pressed
• LED/ Photovoltaic Grade
• Ceramic Grade

Grade (Revenue, USD Million; 2016–2026)

• Standard Grade
• High Purity Grade

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Application (Revenue, USD Million; 2016–2026)

• Reciprocating Engine Components
• Metal working tools
• Bearings
• Turbochargers
• Electronic Circuit Manufacturing
• Medical Devices
• Solar Energy Industry
• Ceramics and Components
• LED Industry
• Others

End Use (Revenue, USD Million; 2016–2026)

• Automotive
• Aerospace
• Electronics and Semiconductor
• Medical and Healthcare
• Photovoltaic

The report covers and elucidates how the market fares in the different regions of the world; the regions included in this study are:

Regional Analysis:

• North America
• Europe 
• Asia-Pacific
• Latin America
• Middle East and Africa 

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Further key findings from the report suggest:

• Silicon Nitride Market is fastest growing at a CAGR of 5% in Asia Pacific followed by Europe respectively. Asia Pacific segment is led by China owing to the markets for end-use industries i.e. automotive, medical and healthcare etc.
• Bearings and Metal working tools segment in a combined way dominated the market in 2018.
• Middle East & Africa in the global market is anticipated to account for small share and is expected to grow at slow pace over the near future.
• Sintered Reaction-Bonded segment will procure the highest CAGR in the global market during the forecast period.
• Automotive has dominated the market of end-users with a share of 45.5%.
• North America accounts for the second largest market share in this market at 27% due to huge amount EV sales and usage of silicon nitride in medical industry.
• Recently, the application of Si3N4 in Aerospace and Aeronautical applications put forward some lucrative opportunities for the market to grow in the near future…Continued
  

Highlights of the TOC:

1. Report Overview
   

1.1 Research Scope

1.2 Key Silicon Nitride market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

2. Global Growth Trends
   

2.1 Global Silicon Nitride market size

2.2 Latest Silicon Nitride market trends

2.3 Key growth trends

3. Competitive Landscape
   

3.1 Global Silicon Nitride market key players

3.2 Global Silicon Nitride size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Silicon Nitride market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

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Also, the customizations are available for this report and can be availed by the purchaser. The customizations can be made on the basis of the selected regions or participants.

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