Press release
Global Silicon Nitride Market Recent Study Including Key Players, Applications, Growth 2026 | UBE INDUSTRIES,LTD., Denka Company Limited., AlzChem Group AG, H.C. Starck GmbH, 3M, CeramTec, KYOCERA Corporation
The market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa are kept into focus while producing this Global Silicon Nitride Market report. It also describes all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market with the systemic company profiles. The Global Silicon Nitride Market report makes an organization armed with information produced by sound research methods.What is more, this Global Silicon Nitride Market report underlines various strategies that are used by top market players in the Silicon Nitride industry. The use of well-established tools such as SWOT analysis and Porter’s Five Forces analysis are very useful in creating such a superior Global Silicon Nitride Market research report. All the market insights of Global Silicon Nitride Market research report will lead to actionable ideas and better decision-making. This gives more precise understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands.
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Market Definition: Global Silicon Nitride Market
Silicon nitride is a dielectric material which usually has high temperature capabilities as compared to the other metals. They are widely used in trench and stacked DRAM capacitors. Reaction bond silicon nitride, sintered silicon nitride and hot pressed silicon nitride are some of the common type of the silicon nitrides. They are usually white in color and have high melting point. These compounds are widely used in applications like bearing, medical devices, electronic circuit manufacturing, metal working tools etc.
Market Analysis: Global Silicon Nitride Market
Global silicon nitride market is expected to rise to an estimated value of USD 180.53 million by 2026, registering a CAGR of 7.58% in the forecast period of 2019-2026. Increasing demand of silicon nitride from various end industries is major factor for the growth of this market.
Market Drivers:
Rising demand for silicon nitride in medical industry is driving the market growth
Increasing demand for engine downsizing better vehicle performance is another factor driving the market growth
Increasing adoption of electric and hybrid vehicles also propels the growth of this market
Wide application of silicon nitride in aerospace and aeronautical applications also acts as a market driver
Market Restraints:
High production cost is restraining the market growth
Availability of substitutes of silicon nitride is another factor hampering the market growth
Decreasing usage of fossil- fuel based vehicles also impede the growth of this market
Read Complete Details with TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-silicon-nitride-market
Key Developments in the Market:
In February 2019, Kyocera Fineceramics GmbH announced that they have acquired H.C. Starck Ceramics GmbH so that they can use reaction bonded silicon carbide (RBSiC) processing technology which will help them to produce high quality and rigid shaped materials. It will also help them to produce highly effective production equipment using cutting-edge technologies such as Artificial Intelligence (AI). The main aim of the acquisition is to expand ceramic business globally
In September 2018, CTL Medical announced that they are going to acquire spine business from Amedica. This will help the company to acquire Amedica's metal and silicon nitride spine portfolio and they will also get access to silicon nitride spine technologies
Competitive Analysis:
Global silicon nitride market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of silicon nitride market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global silicon nitride market are UBE INDUSTRIES,LTD., Denka Company Limited., AlzChem Group AG, H.C. Starck GmbH, 3M, CeramTec, KYOCERA Corporation, Morgan Advanced Materials, Toshiba Corporation, Rogers Corporation, Reade International Corp, Panadyne, Dynamic Ceramic, SINTX Technologies, CoorsTek Inc., among others.
Segmentation: Global Silicon Nitride Market
By Type
Reaction Bonded Silicon Nitride
Hot Pressed Silicon Nitride
Sintered Silicon Nitride
By End-User
Automotive
Photovoltaic
General Industry
Aerospace
Medical
Others
By Grade
Standard Grade
High Purity Grade
By Application
Reciprocating Engine Components
Bearings
Metal Working Tools
Electronic Circuit Manufacturing
Medical Devices
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