Silicon nitride has distinctive mechanical and thermal properties which helps it resist corrosion, abrasion, and other chemicals. These qualities make silicon nitride one of the most sought-after ceramics to provide industrial solutions in varied industries including aerospace, automotive, and electronics.
Lately, the focus has shifted towards reducing emissions and therefore, the use of ceramic components has increased in the development of medium and heavy-duty engines. This, along with the falling cost of silicon nitride is expected to drive market growth in future. An article published in LinkedIn in February 2019 suggests, almost 300,000 sintered silicon nitride turbochargers are produced annually. It also claimed silicon nitride to be one of the important materials deployed in various aerospace applications.
The rising environmental concerns are demanding more sustainable use of ceramics. The use of sustainable manufacturing of silicon nitride can help in reducing the negative impact on the environment and create further opportunities in the market. The market can further tap the benefits from advancement in biocompatible materials in medical industry and growing EV market. However, the availability of substitutes can hinder the growth of this market.
During the COVID-19 lockdown, various production and manufacturing activities were halted. This led to the decline in production of silicon nitride and disruptions in the supply chain. The subsequent shortage in supply around the globe further increasing the prices of silicon nitride during the COVID-19 pandemic. The situation also created demand for substitutes which could hamper the growth of silicon nitride market.
Several players in the market are obtaining strategic partnerships, mergers & acquisitions, and investment in research and development to further consolidate their position in the market. In October 2022, Denka Company Limited announced increasing of silicon nitride production capacity by an extra factor of 1.5 times. The initiative will help the company to grow further in the field of environment and energy. Furthermore, in November 2022, Kyocera developed a process that facilitates manufacturing of micro-Lasers which are just 100 micrometers in length. It helps in lowering the manufacturing costs and simplifies the peeling process.
Silicon Nitride Market Segmentation
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By Type
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By Application
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By End Use
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By Region
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North America
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Europe
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UK
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Germany
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France
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Italy
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Spain
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Denmark
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Sweden
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Norway
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Asia Pacific
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Japan
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China
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India
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Australia
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Thailand
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South Korea
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Latin America
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MEA
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South Africa
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Saudi Arabia
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UAE
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Kuwait
Key Companies
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Denka Company Limited
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AlzChem Group
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UBE INDUTRIES Ltd
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CeramTec
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KYOCERA Corporation
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Coorstek
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3M
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Rogers Corporation
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TOSHIBA MATERIALS CO.