Silicon is a chemical element with fourteen as its atomic number. It is a hard and brittle crystalline solid with a bluish grey metallic luster. Nitride is a nitrogen compound having an oxidation state of -3. Silicon Nitride is a non-oxide ceramic with excellent material properties. Despite being light weighted as silicon carbide, silicon nitride possesses strong thermal shock resistance. Silicon nitride ceramics find their applications in balls bearings, ceramic forming tools, and automotive components, etc.
MARKET DYNAMICS
Silicon nitride market is driven by the broad application of silicon nitride in the manufacture of turbochargers for automobiles. Use of silicon nitride as an alternative in end-use industries also drives the growth of the silicon nitride market. The manufacturing process of silicon nitride is complicated and costly. In addition to this, availability of ceramics such as alumina, silicon carbide, etc. as an alternative, restricts the fruitful development of the silicon nitride market. Adoption of electric & hybrid vehicles and the development of silicon nitride as a biocompatible material in the medical industry will foster the growth of the silicon nitride market in the years to come.
MARKET SCOPE
The "Global Silicon Nitride Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the silicon nitride market with detailed market segmentation by type, grade, application, end use industry and geography. The global silicon nitride market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading silicon nitride market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global silicon nitride market is segmented on the basis of type, grade, application, end use industry and geography. On the basis of type the market classify into reaction bonded, sintered reaction bonded and hot pressed. As per grade the market is divided into standard and high purity. As per application, the market is broken into metal working tools, bearings, medical devices, ceramics & components, turbochargers and others. The market in terms of end use industry is bifurcated into photovoltaic, automotive, general industries, aerospace, medical and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The silicon nitride market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the silicon nitride market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the silicon nitride market in these regions.
MARKET PLAYERS
The reports cover key developments in the silicon nitride market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from silicon nitride market are anticipated to lucrative growth opportunities in the future with the rising demand for silicon nitride market in the global market. Below mentioned is the list of few companies engaged in the silicon nitride market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicon nitride market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amedica Corporation
- CeramTec
- CoorsTek Inc.
- H.C. Starck GmbH
- Kyocera Corproation
- Panadyne Inc.
- Toshiba Materials Co. Ltd.
- Ube Industries, Ltd.
- Vesta Ceramics
- Yantai Tomley Hi-Tech Ind. and Tra. Co. Ltd.
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