The Silicon Nitride Market has witnessed substantial growth in recent years. In 2022, the global silicon nitride market size was valued at USD 47 million, and it is expected to grow to USD 86.41 million by 2032, with a CAGR of 7% during the forecast period. The market growth is primarily driven by the increased demand for lightweight materials, downsizing, and the rising demand from the automotive and aerospace sectors.

The automotive sector is a significant contributor to the silicon nitride market growth. The use of silicon nitride in engine parts such as bearings, pistons, and valves, is becoming increasingly popular due to its superior wear resistance, strong temperature resistance, and low coefficient of thermal expansion. Additionally, the need for fuel-efficient vehicles and lightweight materials is expected to increase the demand for silicon nitride in the automotive industry during the forecast period.

Silicon nitride is also widely used in the aerospace sector due to its superior thermal and mechanical properties. Turbine parts and heat exchangers are made from silicon nitride, and with rising investments in the aerospace sector and increasing demand for commercial aircraft, the demand for silicon nitride is expected to grow. Furthermore, the trend towards miniaturization in the electronics industry is expected to drive demand for silicon nitride as well.

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Major Companies and Competitive Landscape:

• UBE Industries, Ltd.
• Denka Company Limited
• H.C. Starck GmbH
• CeramTec GmbH
• KYOCERA Corporation
• Yantai Tomley Hi-Tech Industrial Development Co. Ltd.
• 3M Company
• Morgan Advanced Materials
• CoorsTek Inc.
• Toshiba Materials Co. Ltd.

Some Key Highlights from the Report:

• The reaction-bonded segment is expected to register a rapid revenue growth rate during the forecast period owing to increasing need for mechanical fatigue and creep resistance, oxidation resistance, and ability to produce complex shapes relatively quickly. Reaction bonded silicon nitride is utilized as fixtures to position and transfer metal pieces for procedures including induction heating and resistance welding, brazing, and soldering due to its distinct properties.
• The high purity grade segment is expected to register a rapid revenue growth rate during the forecast period owing to growing need for more productivity, improving product lifetime, and higher thermal shock resistance properties. High purity grade always have the same shape and can be formed easily, which are used in automotive components, ball bearings, cutting tools, and aircraft components.
• The bearings segment is expected to register a steady revenue growth rate during forecast period owing to increasing need for reduced coefficient of friction caused by extreme smoothness, higher hardness, lighter weight, and provide better corrosion resistance. The coefficient of friction for Si3N4 bearings at room temperature in air with a light load is approximately 0.001. Silicon nitride has been successfully used in a range of applications from skateboard roller bearings to auto engine components.

Silicon Nitride Market Segments:

Segments covered:

By Type Outlook: 

• Reaction Bonded
• Hot Pressed
• Sintered

By Application Outlook: 

• Automotive
• Aerospace & Defense
• Medical
• Electrical & Electronics
• Others

Regional scope:

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Silicon Nitride Market Strategic Developments:

Several companies in the silicon nitride market are taking various strategic steps to enhance their market position. Some of the recent developments in the silicon nitride market include:

In 2021, H.C. Starck Solutions announced the expansion of its silicon nitride powder production capacity to meet the increasing demand from the automotive and electronics industries.

In 2020, CeramTec GmbH acquired Dynamic-Ceramic Limited, a UK-based advanced ceramics manufacturer. The acquisition aimed to broaden CeramTec's product portfolio and expand its market reach.

In 2020, Denka Company Limited acquired a majority stake in Energenics Europe Ltd., a UK-based industrial filter manufacturer. This acquisition aimed to expand Denka's business in the environmental and energy sectors.

In 2019, Morgan Advanced Materials acquired Advanced Composite Materials LLC, a US-based carbon fiber composites manufacturer. This acquisition aimed to expand Morgan's product portfolio and market reach in the aerospace and defense industries.

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