Silicon Nitride Market Report

Silicon Nitride Market Insights

Silicon nitride market to witness an impressive CAGR of 7.5% during the forecast period. The growth in demand for silicon nitride is majorly due to its superior properties, such as remarkable tolerance towards abrasion, corrosion, and most chemicals. Further, it offers the highest fracture resistance than any other advanced ceramic, thus making it the most preferred material to find extensive use in various end-use industries, which is likely to drive the market during the forecast period.

Market Share Analysis

Wish to Get a Free Sample? Register Here

Silicon Nitride Market Share: By Product Type

Based on the product type, the market is segmented as reaction bonded silicon nitride, hot pressed silicon nitride, sintered silicon nitride, and others. The sintered silicon nitride segment is expected to remain dominant during the forecast period. Properties such as higher thermal shock resistance, high-temperature strength, creep resistance, better fracture toughness, excellent wear resistance, and oxidation resistance are the major factors expected to drive the growth of the segment during the forecast period.

Silicon Nitride Market Share: By End-Use Industry Type

Based on the end-use industry type, the silicon nitride market is segmented as photovoltaic, automotive, general industry, aerospace, medical, and others. The automotive industry dominated the market in 2019, and is likely to maintain its dominance during the forecast period as well. The growth of this segment is attributed to the high-temperature resistance property, which enables silicon nitride to be used in components of automobiles, such as engines. On the other hand, the medical industry is estimated to be the fastest-growing segment during the forecast period.

Silicon Nitride Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for silicon nitride during the forecast period, with China, Japan, India, and South Korea being the major growth engines of the region. The Asia-Pacific’s market for silicon nitride is driven by its increasing consumption, majorly in the automotive industry. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

Know which region offers best growth opportunities. Register Here

Some of the major silicon nitride manufacturers are-

• The 3M Company
• AlzChem Group
• CeramTec
• Denka Company Limited
• H.C. Starck GmbH
• Kyocera Corporation
• Morgan Advanced Materials
• Toshiba Corporation
• Ube Industries, Ltd.
• Yantai Tomley Hi-Tech Advanced Materials

Market Scope & Segmentation

Silicon nitride is a chemical compound made of elements, silicon and nitrogen. It is a white, high-melting-point solid. It is prepared by heating powdered silicon between 1300 °C to 1400 °C in a nitrogen environment. It retains fracture toughness and high strength even at very high temperatures.

Silicon nitride is used as a high-temperature structural component for gas turbines, combustor parts, and automotive engines.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The silicon nitride market is segmented into the following categories. 

Silicon Nitride Market Size, Share, & Forecast, by Product Type:

• Reaction Bonded Silicon Nitride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Hot Pressed Silicon Nitride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Sintered Silicon Nitride (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Silicon Nitride Market Size, Share, & Forecast, by End-Use Industry Type:

• Photovoltaic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• General Industry (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Aerospace (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Silicon Nitride Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Want to know the most attractive market segments? Register Here

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by end-use industry type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.