Silicon Nitride Market TOC
Part 01
Part 02
Part 03
Part 04
Part 05
Part 06
Part 07
Part 08
Part 09
Part 10
Part 11
Part 12
Part 13
Part 14
Part 15
Part 16
Part 17
Part 18
Part 19
Part 20
Part 21
Part 22
Part 23
Part 24
Part 25
Part 26
Part 27
Part 28
Silicon Nitride Market size was valued at USD 158.38 million in 2024 and is expected to reach USD 377.06 million by 2037, registering around 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of silicon nitride is assessed at USD 176.35 million.
The growth of this market can be primarily driven by the growing demand for high-quality ceramics in numerous sectors. Silicon nitride possesses amazing mechanical features along with advanced electrical insulation and high thermal stability as a result making it perfect to go in industries such as aerospace, electrical, manufacturing, and healthcare domain. In addition, the demand for silicon nitride market in ceramics is being driven by advances in biocompatibility materials in the medical and automotive sectors as well as increasing consumption of electrical vehicles. Between the time-span of 2018 to 2022 the sales of electric vehicles drastically grew from 1 million to 10 million.
For the past few times, automotive manufacturers have been focusing on integrating lightweight materials in vehicles so that they can reduce fuel efficiency, less GHG emissions, and enhance vehicle performance. With its high tensile-weight ration and exclusive resistance to thermal shock silicon nitride is utilized in the production of automotive engine parts such as pistons, turbochargers, and valves. In short integration of silicon nitride in the automotive sector would reduce the weight of vehicles leading to less GHG emission, high energy efficiency, and improved performance of vehicles.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.9% |
Base Year Market Size (2024) |
USD 158.38 million |
Forecast Year Market Size (2037) |
USD 377.06 million |
Regional Scope |
|
Application (Reciprocating Engine Components, Bearings, Metal Working Tools, Electronic Circuit Manufacturing, Medical Devices)
In terms of application, the bearing segment in the silicon nitride market is anticipated to hold the largest revenue share by the end of 2037. The performance of high-temperature, nonlubricate roller, and ball bearings is enhanced by the wear resistance, reduced friction coefficient as well as a higher stiffness due to silicon nitride being completely Compact. Mixed ball bearings use a large proportion of silicon nitride. Ceramic bearings are used for corrosive use and in applications where metal usage is limited due to electromagnetic interference. For example, seawater invasion is an issue of electric field monitoring in tidal flow meters. The growth of this segment is driven by an increasing number of investments. Toshiba Materials Co., Ltd. in July 2023 initiated an important investment for the latest production facility that is anticipated to raise silicon nitride ball manufacturing.
Type (Reaction Bonded Silicon Nitride, Hote Pressed, Sintered Silicon Nitride)
Based on type, the reaction bonded silicon nitride segment in the silicon nitride market is anticipated to dominate revenue share during the forecast period. Reaction silicon nitride is produced by careful nitriding of silicon 'dough' or compact at a temperature of approximately 1450 C. The Si3N4 is extended to the porosity of the compact in this reaction. The consequence is a small dimensional transformation which will be accompanied by an increase of density. This trait is the most important advantage of RBSN is that it allows components to be created in a near net form without having to undergo expensive grinding operations.
Our in-depth analysis of the global silicon nitride market includes the following segments:
Type |
|
Application |
|
End Use Industry |
|
Asia Pacific Excluding Japan Market Forecasts
Asia Pacific industry is predicted to dominate majority revenue share of 54% by 2037. Increasing demand for microelectronics and ceramic substrates, driven by the rapid growth of manufacturing facilities in the Asia Pacific region, is a reason for silicon nitride to be needed. This demand is particularly significant in China, where investments are being made to develop high quality advanced materials for a wide range of industrial applications and promote e-Mobility which could increase silicon nitride demand across the region. Rapid industrialization, infrastructure development, and economic growth are underway in the Asia Pacific region, including countries such as China, India or South Korea. Consequently, silicon nitride demand has increased across a range of applications, notably in the automobile and electronics sectors.
North American Market Statistics
The silicon nitride market in the North America region is set to hold a significant share by the end of 2037. This growth is expected to be supported by a research program in space, extraordinary growth in information technology and telecommunications, as well as the automotive industry's current surge of electric cars. Market growth will be driven by the use of silicon nitride in semiconductors, as well as lower costs for silicon nitrides are also anticipated to contribute. The silicon nitride market in the region is also expected to grow due to increasing demand for engine downsizing that results in optimal performance of vehicles. In 2016, gasoline vehicles accounted for 22% of sales, up from 3.3% in 2010. Furthermore, the potential for growth in the region, in particular in the automotive and related sectors, is further underlined by the expansion of Denka's silicon nitride ceramic substrate production in North America.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?