Global Production Of Silicon Nitride Increases From 1117.1 MT In 2012 To 1515.9 MT In 2016

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. The global silicon nitride market that was valued at US$71.92 million in 2016. y 2023, the global silicon nitride market is expected to reach US $ 81.38 million.

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.
 
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According to our research and analysis, manufacturers from Japan and EU are the major leaders in the international market of silicon nitride. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price. With the development of Chinese silicon nitride production technology, their share in the global market is increasing, and competitiveness in the global market gradually increases.

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.

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