< Key Hightlight >

The global Silicon Nitride Powder market was valued at 68.62 Million USD in 2020 and will grow with a CAGR of 2.59% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.

By Market Verdors:
UBE
AlzChem
Yantai Tomley Hi-tech Advanced Materials
H.C. Starck
Denka
Hebei Corefra Silicon Nitride Material
VestaSi
Jiangxi Sanxin Hi-Tech Ceramics
Hongchen Technology
Combustion Synthesis

By Types:
Photovoltaic Grade Silicon Nitride
Ceramic Grade Silicon Nitride
LED Grade Silicon Nitride

By Applications:
Solar Energy Industry
Silicon Nitride Ceramics and Components
LED Industry

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.