Silicon Nitride Market Forecasts to 2030 - Global Analysis By Type (Hot Pressed Silicon Nitride, Reaction Bonded Silicon Nitride and Sintered Silicon Nitrides ), End User and By Geography

Description

List of Tables

According to Stratistics MRC, the Global Silicon Nitride Market is accounted for $1.39 billion in 2023 and is expected to reach $2.57 billion by 2030 growing at a CAGR of 9.2% during the forecast period. One innovation in the manufacturing of cutting-edge materials with distinctive thermal and mechanical characteristics is silicon. It is a silicon- and nitrogen-based non-metallic inorganic chemical. Refined material particles are combined to create a slurry, from which desired forms are created and finalized in high-temperature and high-pressure furnaces to create silicon nitride.

Market Dynamics:

Driver:

Automotive industry is experiencing increasing demand.

In the automotive sector, silicon nitride is frequently utilized in bearings, turbochargers, and engine parts. Due to silicon nitride's superior mechanical and thermal qualities, it is increasingly being used in automobiles in order to satisfy growing demand for lightweight materials, higher fuel efficiency, and lower emissions. The demand for silicon nitride is further fueled by the automotive industry's concentration on electric and hybrid vehicles since it provides electrical insulation and high-temperature resistance.

Restraint:

High price.

Due to the sophisticated manufacturing procedures and specialized machinery needed to produce silicon nitride, production costs are relatively high. The high cost of silicon nitride is a result of the high cost of raw materials like silicon and nitrogen precursors as well as the energy-intensive manufacturing procedures. Its high price may prevent it from being widely used, particularly in regions or uses where cheaper materials are accessible.

Opportunity:

Increasing demand in the sector of renewable energy.

Globally, the use of solar power and other renewable energy sources is increasing significantly. Solar cells are made using silicon nitride as a passivation layer and anti-reflective coating. By lowering reflection losses and increasing light absorption, it contributes to solar panels' increased durability and efficiency. The growth of the solar energy sector fuels the demand for silicon nitride as the desire for sustainable and clean energy sources rises.

Threat:

Limited supply of raw materials.

The availability of silicon and nitrogen feedstocks is necessary for the manufacture of silicon nitride. Despite silicon's abundance, it can be difficult to produce the high-purity silicon needed for the synthesis of silicon nitride. Furthermore, obtaining a consistent and reliable source of nitrogen can be difficult. The silicon nitride market may be impacted by any changes in these raw materials supply, demand, price, or availability.

COVID-19 Impact:

As a result of the WHO classifying the COVID-19 outbreak as a pandemic, auto factories are closing all across the world, and vehicle sales are declining rapidly. Since the automotive industry consumes a significant amount of silicon nitride, this has had a negative impact on silicon nitride producers all over the world.

The medical segment is expected to be the largest during the forecast period

Medical segment commanded the largest share over the projection period. For usage in applications including prosthetic hips, knee joints, and dental implants, silicon nitride is a material utilized in the medical sector to manufacture surgical screws, plates, and bearings. Cervical spacers and spinal fusion devices both use silicon nitride composites. It exhibits beneficial bone affinity and is bioactive, bacterial-resistant, and biocompatible. Also, silicon nitride can offer a remarkably smooth and wear-resistant surface for products like medical industry bearings for hip and knee replacements.

The sintered silicon nitrides (SSN) segment is expected to have the highest CAGR during the forecast period

Sintered Silicon Nitrides (SSN) is projected to witness lucrative growth over the projection period. High-temperature strength, excellent thermal shock resistance, creep resistance, outstanding fracture toughness, oxidation resistance, and excellent wear resistance are just a few of the characteristics that SSN possesses. SSN is used in a variety of products, including glow plugs for diesel engines, turbochargers, pre-combustion chambers, rocker arm pads for spark ignition engines, and exhaust gas control valve parts.

Region with largest share:

Due to the use of high-tech technology and research on advanced materials with exceptional thermal and mechanical capabilities, the Asia-Pacific region is anticipated to rise. Additionally, the region's silicon nitride market is expected to increase as a result of a space research program, beneficial IT and telecommunications expansion, the automotive industry, and the current rise in electric vehicles.

Region with highest CAGR:

Due to the increasing use of silicon nitride in semiconductors, North America is predicted to experience the highest CAGR during the forecast period. Owing to its capacity to offer a combination of mechanical and thermal qualities, silicon nitride is frequently employed in semiconductor materials. The worldwide demand for consumer electronics is expected to increase significantly over the next several years due to factors including an increase in urban population, an increase in disposable income, strong supply chains, digitization, and high internet penetration. This will in turn increase the need for silicon nitride in this region.

Key players in the market:

Some of the key players in Silicon Nitride market include: Denka Company Limited, 3m Company, Yantai Tomley Hi-Tech Industrial, Ceramtec Gmbh, Development Co Ltd, Ube Industries Ltd, Morgan Advanced Materials, Coorstek Inc, H.C. Starck Gmbh, Toshiba Materials Co Ltd and Kyocera Corporation.

Key Developments:

In February 2019, Heraeus Electronics announced a strategic partnership with Toshiba Materials to jointly develop and produce substrates made of silicon nitride that is used in the high power electronics component.

Types Covered:

Hot Pressed Silicon Nitride (HPSN)
Reaction Bonded Silicon Nitride (RBSN)
Sintered Silicon Nitrides (SSN)

End Users Covered:

Automotive
Aviation & Aerospace
Medical
Solar
Other End Users

Regions Covered:

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
South America
- Argentina
- Brazil
- Chile
- Rest of South America
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options::

Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Product Code: SMRC23718

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Silicon Nitride Market, By Type

5.1 Introduction
5.2 Hot Pressed Silicon Nitride (HPSN)
5.3 Reaction Bonded Silicon Nitride (RBSN)
5.4 Sintered Silicon Nitrides (SSN)

6 Global Silicon Nitride Market, By End User

6.1 Introduction
6.2 Automotive
6.3 Aviation & Aerospace
6.4 Medical
6.5 Solar
6.6 Other End Users

7 Global Silicon Nitride Market, By Geography

7.1 Introduction
7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa

8 Key Developments

8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling

9.1 Denka Company Limited
9.2 3m Company
9.3 Yantai Tomley Hi-Tech Industrial
9.4 Ceramtec Gmbh
9.5 Development Co Ltd
9.6 Ube Industries Ltd
9.7 Morgan Advanced Materials
9.8 Coorstek Inc
9.9 H.C. Starck Gmbh
9.10 Toshiba Materials Co Ltd
9.11 Kyocera Corporation

Product Code: SMRC23718

List of Tables

Table 1 Global Silicon Nitride Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Silicon Nitride Market Outlook, By Type (2021-2030) ($MN)
Table 3 Global Silicon Nitride Market Outlook, By Hot Pressed Silicon Nitride (HPSN) (2021-2030) ($MN)
Table 4 Global Silicon Nitride Market Outlook, By Reaction Bonded Silicon Nitride (RBSN) (2021-2030) ($MN)
Table 5 Global Silicon Nitride Market Outlook, By Sintered Silicon Nitrides (SSN) (2021-2030) ($MN)
Table 6 Global Silicon Nitride Market Outlook, By End User (2021-2030) ($MN)
Table 7 Global Silicon Nitride Market Outlook, By Automotive (2021-2030) ($MN)
Table 8 Global Silicon Nitride Market Outlook, By Aviation & Aerospace (2021-2030) ($MN)
Table 9 Global Silicon Nitride Market Outlook, By Medical (2021-2030) ($MN)
Table 10 Global Silicon Nitride Market Outlook, By Solar (2021-2030) ($MN)
Table 11 Global Silicon Nitride Market Outlook, By Other End Users (2021-2030) ($MN)
Table 12 North America Silicon Nitride Market Outlook, By Country (2021-2030) ($MN)
Table 13 North America Silicon Nitride Market Outlook, By Type (2021-2030) ($MN)
Table 14 North America Silicon Nitride Market Outlook, By Hot Pressed Silicon Nitride (HPSN) (2021-2030) ($MN)
Table 15 North America Silicon Nitride Market Outlook, By Reaction Bonded Silicon Nitride (RBSN) (2021-2030) ($MN)
Table 16 North America Silicon Nitride Market Outlook, By Sintered Silicon Nitrides (SSN) (2021-2030) ($MN)
Table 17 North America Silicon Nitride Market Outlook, By End User (2021-2030) ($MN)
Table 18 North America Silicon Nitride Market Outlook, By Automotive (2021-2030) ($MN)
Table 19 North America Silicon Nitride Market Outlook, By Aviation & Aerospace (2021-2030) ($MN)
Table 20 North America Silicon Nitride Market Outlook, By Medical (2021-2030) ($MN)
Table 21 North America Silicon Nitride Market Outlook, By Solar (2021-2030) ($MN)
Table 22 North America Silicon Nitride Market Outlook, By Other End Users (2021-2030) ($MN)
Table 23 Europe Silicon Nitride Market Outlook, By Country (2021-2030) ($MN)
Table 24 Europe Silicon Nitride Market Outlook, By Type (2021-2030) ($MN)
Table 25 Europe Silicon Nitride Market Outlook, By Hot Pressed Silicon Nitride (HPSN) (2021-2030) ($MN)
Table 26 Europe Silicon Nitride Market Outlook, By Reaction Bonded Silicon Nitride (RBSN) (2021-2030) ($MN)
Table 27 Europe Silicon Nitride Market Outlook, By Sintered Silicon Nitrides (SSN) (2021-2030) ($MN)
Table 28 Europe Silicon Nitride Market Outlook, By End User (2021-2030) ($MN)
Table 29 Europe Silicon Nitride Market Outlook, By Automotive (2021-2030) ($MN)
Table 30 Europe Silicon Nitride Market Outlook, By Aviation & Aerospace (2021-2030) ($MN)
Table 31 Europe Silicon Nitride Market Outlook, By Medical (2021-2030) ($MN)
Table 32 Europe Silicon Nitride Market Outlook, By Solar (2021-2030) ($MN)
Table 33 Europe Silicon Nitride Market Outlook, By Other End Users (2021-2030) ($MN)
Table 34 Asia Pacific Silicon Nitride Market Outlook, By Country (2021-2030) ($MN)
Table 35 Asia Pacific Silicon Nitride Market Outlook, By Type (2021-2030) ($MN)
Table 36 Asia Pacific Silicon Nitride Market Outlook, By Hot Pressed Silicon Nitride (HPSN) (2021-2030) ($MN)
Table 37 Asia Pacific Silicon Nitride Market Outlook, By Reaction Bonded Silicon Nitride (RBSN) (2021-2030) ($MN)
Table 38 Asia Pacific Silicon Nitride Market Outlook, By Sintered Silicon Nitrides (SSN) (2021-2030) ($MN)
Table 39 Asia Pacific Silicon Nitride Market Outlook, By End User (2021-2030) ($MN)
Table 40 Asia Pacific Silicon Nitride Market Outlook, By Automotive (2021-2030) ($MN)
Table 41 Asia Pacific Silicon Nitride Market Outlook, By Aviation & Aerospace (2021-2030) ($MN)
Table 42 Asia Pacific Silicon Nitride Market Outlook, By Medical (2021-2030) ($MN)
Table 43 Asia Pacific Silicon Nitride Market Outlook, By Solar (2021-2030) ($MN)
Table 44 Asia Pacific Silicon Nitride Market Outlook, By Other End Users (2021-2030) ($MN)
Table 45 South America Silicon Nitride Market Outlook, By Country (2021-2030) ($MN)
Table 46 South America Silicon Nitride Market Outlook, By Type (2021-2030) ($MN)
Table 47 South America Silicon Nitride Market Outlook, By Hot Pressed Silicon Nitride (HPSN) (2021-2030) ($MN)
Table 48 South America Silicon Nitride Market Outlook, By Reaction Bonded Silicon Nitride (RBSN) (2021-2030) ($MN)
Table 49 South America Silicon Nitride Market Outlook, By Sintered Silicon Nitrides (SSN) (2021-2030) ($MN)
Table 50 South America Silicon Nitride Market Outlook, By End User (2021-2030) ($MN)
Table 51 South America Silicon Nitride Market Outlook, By Automotive (2021-2030) ($MN)
Table 52 South America Silicon Nitride Market Outlook, By Aviation & Aerospace (2021-2030) ($MN)
Table 53 South America Silicon Nitride Market Outlook, By Medical (2021-2030) ($MN)
Table 54 South America Silicon Nitride Market Outlook, By Solar (2021-2030) ($MN)
Table 55 South America Silicon Nitride Market Outlook, By Other End Users (2021-2030) ($MN)
Table 56 Middle East & Africa Silicon Nitride Market Outlook, By Country (2021-2030) ($MN)
Table 57 Middle East & Africa Silicon Nitride Market Outlook, By Type (2021-2030) ($MN)
Table 58 Middle East & Africa Silicon Nitride Market Outlook, By Hot Pressed Silicon Nitride (HPSN) (2021-2030) ($MN)
Table 59 Middle East & Africa Silicon Nitride Market Outlook, By Reaction Bonded Silicon Nitride (RBSN) (2021-2030) ($MN)
Table 60 Middle East & Africa Silicon Nitride Market Outlook, By Sintered Silicon Nitrides (SSN) (2021-2030) ($MN)
Table 61 Middle East & Africa Silicon Nitride Market Outlook, By End User (2021-2030) ($MN)
Table 62 Middle East & Africa Silicon Nitride Market Outlook, By Automotive (2021-2030) ($MN)
Table 63 Middle East & Africa Silicon Nitride Market Outlook, By Aviation & Aerospace (2021-2030) ($MN)
Table 64 Middle East & Africa Silicon Nitride Market Outlook, By Medical (2021-2030) ($MN)
Table 65 Middle East & Africa Silicon Nitride Market Outlook, By Solar (2021-2030) ($MN)
Table 66 Middle East & Africa Silicon Nitride Market Outlook, By Other End Users (2021-2030) ($MN)

Silicon Nitride Market Forecasts to 2030 - Global Analysis By Type (Hot Pressed Silicon Nitride, Reaction Bonded Silicon Nitride and Sintered Silicon Nitrides ), End User and By Geography

Description

Table of Contents

List of Tables

Market Dynamics:

Driver:

Restraint:

Opportunity:

Threat:

COVID-19 Impact:

Region with largest share:

Region with highest CAGR:

Key players in the market:

Key Developments:

Types Covered:

End Users Covered:

Regions Covered:

What our report offers:

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options::

Table of Contents

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Silicon Nitride Market, By Type

6 Global Silicon Nitride Market, By End User

7 Global Silicon Nitride Market, By Geography

8 Key Developments

9 Company Profiling

List of Tables