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The global silicon nitride market attained a value of USD 116.62 million in 2023 and is expected to grow at a CAGR of 7% during the forecast period 2024-2032 to reach a value of USD 214.60 million by 2032. It is anticipated that the growing market for RBSN from end-user industries will drive the silicon nitride market growth in this segment.
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Silicon nitride is a silicon and nitrogen inorganic, non-metallic compound. It is used as a component for ceramics. It provides excellent abrasion, oxidation, and extreme chemical resistance. Certain essential features of silicon nitride are its hardness, durability, high strength, high-temperature stability, and superior shock resistance. For diesel engines, the product is used mainly for glow plugs, turbocharger rotors, and hot plugs. It has excellent wear resistance as well as good electrical conductivity.
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The industry can be broadly categorised based on types and end-uses.
Based on its types, the market can be divided into:
On the basis of end-uses, the industry can be segmented into:
The EMR report looks into the regional markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The silicon nitride industry is driven by the expected rise in the use of the product in semiconductors. Due to its ability to provide an outstanding mixture of thermal and mechanical properties, silicon nitride is commonly used in semiconductor materials.
Silicon nitride is used in the processing of organic photovoltaics (OPV) to transform solar energy into electrical energy using an electronic interface. The manufacture of integrated circuits and consumer electronics such as displays, projectors, solar cells, gaskets, digital wearable devices, and lighting systems also utilise silicon nitride. The demand for consumer electronics will increase with an increasingly urban population, growing disposable incomes, robust supply chains, digitalisation, and high internet penetration, thus, aiding the industry growth.
The report presents a detailed analysis of the following key players in the global silicon nitride market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global silicon nitride market attained a value of nearly USD 116.62 million.
The market is projected to grow at a CAGR of 7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 214.60 million by 2032.
The major drivers of the market include rising population, increasingly urban population, growing disposable incomes, robust supply chains, digitalisation, and high internet penetration.
The expected rise in the use of the product in semiconductors is expected to be a key trend guiding the growth of the market.
The types of silicon nitride available are Reaction Bonded Silicon Nitride (RBSN), Hot Pressed Silicon Nitride (HPSN), and Sintered Silicon Nitride (SSN), amongst others.
Silicon nitride can have different end-uses like automotive, photovoltaic, general industry, aerospace, and medical, amongst others.
The leading players in this market are UBE Industries, Ltd., Denka Company Ltd., AlzChem Group AG, Yantai Tongli High-tech New Material Co., Ltd., and 3M Company, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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