Global Silicon Nitride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Silicon Nitride Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Silicon nitride is an important structural ceramic material. It is a super hard substance that is inherently lubricious and resistant to wear and is an atomic crystal; it is resistant to oxidation at high temperatures. Moreover, it can resist the thermal shock, and is heated to above 1000 ° C in the air, and is rapidly cooled and then heated rapidly without breaking. Because of the excellent characteristics of silicon nitride ceramics, it is often used to manufacture mechanical components such as bearings, gas turbine blades, mechanical seal rings, and permanent molds.

Silicon nitride (Si3N4) exists in three crystal structures, which are α, β, and γ three phases. The two phases of α and β are the most frequently occurring forms of Si3N4 and can be prepared under normal pressure. The γ phase can be synthesized only under high pressure and high temperature, and its hardness can reach 35GPa.

Market Overview:

The latest research study on the global Silicon Nitride market finds that the global Silicon Nitride market reached a value of USD 78.88 million in 2022. It’s expected that the market will achieve USD 93.49 million by 2028, exhibiting a CAGR of 2.87% during the forecast period.

Limitations

At present, the production technology of polysilicon materials has long been in the hands of a small number of countries and companies. Form a technical blockade and market monopoly. For potential market entrants, technical barriers cannot be ignored.
The research process of silicon hydride powder has invested a lot of manpower and material resources, and the research is costly. Only a small number of enterprises can support the consumption of such funds. And the research on materials, from research to research results to Application to the market is a long-term process that requires strong financial support.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are AlzChem, Ube Industries, H.C. Starck with the revenue market share of 33.26%, 23.26%, 13.28% in 2018.

AlzChem

With a wide range of applications, AlzChem continues to focus on NCN chemistry products with the typical nitrogen-carbon-nitrogen bonds, which have been developed in Trostberg.

Ube Industries Co., Ltd. is one of the largest integrated chemical companies in Japan. Established in 1942, it was formed by the merger of four Ube local companies including Chongzhishan Carbon Mine Co., Ltd., Anonymous Ube, Shinagawa Iron Works, Ube Cement Manufacturing Co., Ltd., and Ube Industries.

Segmentation Overview:

Among different product types, Low Purity segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Silicon Nitride Ceramics and Components segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Silicon Nitride market covered in Chapter 3:

H.C. Starck
Yantai Tomley Hi-tech Advanced Materials
AlzChem
Hebei Corefra Silicon Nitride Material
Denka
Ube Industries

In Chapter 4 and Chapter 14.2, on the basis of types, the Silicon Nitride market from 2018 to 2029 is primarily split into:

High Purity
Low Purity

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Silicon Nitride market from 2018 to 2029 covers:

LED Industry
Silicon Nitride Ceramics and Components
Solar Energy Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)