Silicon Nitride Powder Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
25629 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
Silicon nitride (Si3N4) is one of the purely covalent nitrides. Like all nitrides, it is characterized by a high degree of thermal stability and exceptional chemical stability. Its other properties make it the top representative of the nitride ceramics.
Nitride powder is a raw material main for technical ceramics and for photovoltaic industry. Silicon nitride powder also was used as materials for resin filling: Wear resistant fillers, thermal conductive fillers, etc.
The global production of silicon nitride increases from 1117.1 MT in 2012 to 1515.9 MT in 2016. In 2016, the global silicon nitride market is led by China; Japan is the second-largest region-wise market. At present, the major manufacturers of silicon nitride are concentrated in Europe and Japan. AlzChem is the world leader, holding 33.61% sales market share in 2016.
Silicon nitride downstream is wide and recently silicon nitride has acquired increasing significance in various fields of solar energy Industry, silicon nitride ceramics and components, LED industry and others. Globally, the silicon nitride market is mainly driven by growing demand for silicon nitride balls and cutting tools. At present, the silicon nitride powder industry is a high degree of concentration of the industry. This is a technology-intensive industry. Top 4 has an absolute market share. Top 4 hold more than 80% market share. UBE, AlzChem, Yantai Tomley Hi-tech Advanced Materials and H.C. Starck can produce all grades of silicon nitride powder. In the solar industry, the Chinese market is highly competitive. China is the world's largest solar market. At present, the price of Yantai Tomley Hi-tech Advanced Materials photovoltaic grade silicon nitride powder is low. Yantai Tomley Hi-tech Advanced Materials hold China's absolute market share. AlzChem developed more rapidly. At present, AlzChem is China's second largest supplier.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, silicon nitride production will show a trend of steady growth. In 2023, the sale of silicon nitride is estimated to be 2067.7 MT, and the consumption increasing degree will be high. On product prices, the slow downward trend in recent years will maintain in the future.
The Global Silicon Nitride Powder Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Silicon Nitride Powder Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Photovoltaic Grade Silicon Nitride
Ceramic Grade Silicon Nitride
LED Grade Silicon Nitride In Market segmentation by applications :
Solar Energy Industry
Silicon Nitride Ceramics and Components
LED Industry
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Silicon Nitride Powder Market for the forecast period 2023 - 2030?
• What are the driving forces in the Silicon Nitride Powder Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Silicon Nitride Powder industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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