Silicon Nitride Market Share, Trend, Segmentation and Forecast to 2029

June 05, 2023

The silicon nitride market is expected to witness market growth at a rate of 7.1% in the forecast period of 2021 to 2028. Data Bridge Market Research report on silicon nitride market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the utilization of silicon nitride as an alternative in the end-use industries is escalating the growth of the silicon nitride market.

Silicon Nitride (Si3N4) can be referred to as a non-oxide advanced ceramic material characterized primarily by toughness, hardness, excellent thermal, high strength, and chemical stability. Silicon nitride has excellent thermal shock resistance and high-temperature strength, which makes it ideal for utilization in automotive engines and gas turbines. Silicon Nitride is mainly utilized for glow plugs, turbocharger rotors, and hot plugs in diesel engines. Silicon nitride also has good electric conductivity and outstanding wear resistance.

Major factors that are expected to boost the growth of the silicon nitride market in the forecast period are the rise in environmental concerns and emission regulations for light-duty and heavy-duty vehicles. Furthermore, the increase in the consumption of silicon nitride is further anticipated to propel the growth of the silicon nitride market. Moreover, the growing need for engine downsizing for optimum vehicle performance is supporting the sales of turbochargers, which is further estimated to cushion the growth of the silicon nitride market. On the other hand, the rise in the cost is further projected to impede the growth of the silicon nitride market in the timeline period.