Annapolis News Updates

Global and North America Silicon Nitride Market Worth USD 278 Mn by 2023

 Breaking News
  • No posts were found

Global and North America Silicon Nitride Market Worth USD 278 Mn by 2023

December 04
16:32 2018

The report on “ Global and North America Silicon Nitride Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.
The report on “ Global and North America Silicon Nitride Market ” helps you to understand the market size, share, growth, trends, major companies performance data and market opportunities.

Global and North America Silicon Nitride Market Overview:

Silicon nitride is the most thermodynamically stable and most used nitride of all the currently available products. The growth of the market began with the use of this nitride in the ceramic industry, where replacement of heavy and wearable materials comprising of ceramic occurs. It is also used in the production of bearing and cutting tools. The property of silicon nitride to be able to sustain high operational temperatures has led for the usage in these industries. Its other properties include low density, high thermal shock resistance and high oxidation resistance and high wear resistance.

Browse the complete report and table of contents @ https://www.researchcosmos.com/reports/global-and-north-america-silicon-nitride-market-status-and-future-forecast-2013-2023/8061457

What is the Size of Global and North America Silicon Nitride Market?

The global silicon nitride market was valued at $185 million in 2013 and is expected to grow at a CAGR of 8.6% till 2023 to $278 million. The powder format of this market was valued at $72 million in 2017 and is expected to be the fastest growing format with a CAGR rate of 2.5% till 2023. Geographically, the market is spread across North America, Europe, Asia Pacific, Middle East and Africa, and South America. The growing chemical and machine industry in North America is a potential boost for the silicon nitride market. The silicon nitride powder is also used in LED and solar energy industries, which has thereby boosted the market in Europe. Changing lifestyles and increasing disposable incomes has led to a demand of automobiles with better turbochargers in the APAC regions, leading to a substantial market growth here.

Request free sample @ https://www.researchcosmos.com/request/global-and-north-america-silicon-nitride-market-status-and-f/8061457

Major Players in Global and North America Silicon Nitride Market are:

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, and Combustion Synthesis amongst others.

Global and North America Silicon Nitride Market Segmentation:

The growing automobile segment with demand for advanced turbochargers is expected to boost the market considerably. In terms of potential market segments, apart from the chemical, metallurgical and machine industry, its applications in the aerospace and aeronautical industry might put forward some lucrative opportunities for the market to grow in the near future. Although developed primarily for industrial applications, its usage is being extended to include bone treatment, as an orthopaedic bio material. Clinical trials are on to check whether it can help in the prosthetic hip replacement industry as well. With research being invested upon extensively, the market is expected to boom in the coming years.

Inquire before [email protected] https://www.researchcosmos.com/inquire/global-and-north-america-silicon-nitride-market-status-and-f/8061457

 

About Us:           

Research Cosmos is a provider of standard and customized Industry research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending Industry reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Media Contact
Company Name: Research Cosmos
Contact Person: Kevin Stewart
Email: Send Email
Phone: 1-888-709-8757
Address:4390 U.S 1, Suite 211
City: Princeton
State: New Jersey
Country: United States
Website: https://www.researchcosmos.com/reports/global-and-north-america-silicon-nitride-market-status-and-future-forecast-2013-2023/8061457

Categories