Aluminum Nitride Market by Grade (Technical Grade and Analytical Grade), Method (Carbothermal Reduction Method, Direct Nitridation Method, and Nitridation Method), Form (Powder, Granules, and Sheet), and Application (Micro Electronics, Naval Radio, Power Electronics, Aeronautical System, Automotive, Emission Control, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
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Jul 2020 |
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Aluminum nitride is known as nitride of aluminum, whose chemical formula is AIN. It is a covalently bonded metal which exhibits excellent thermal conductivity. Aluminum nitride is manufactured by carbo-thermal reduction of aluminum oxide in the presence of gaseous ammonia or nitrogen and has hexagonal crystal structure. Thermal conductivity, electric insulation, and mechanical strength are the three well known properties of aluminum nitride which makes its use highly favorable in various end use industries. If compared to other metal nitrides, aluminum nitride is highly pure with minimum toxicity.
The growth of the aluminum nitride market is mainly driven by the thermally conductive nature of aluminum nitride. Some of the main growth drivers of the market include increase in demand for aluminum nitride powder for electric vehicles and nine times higher thermal conductivity of aluminum nitride than alumina. Aluminum nitride is significantly used as a filler for power electronics and semiconductor packaging, which surges the overall market growth. Growth in use of aluminum nitride in thermocouple insulators, evaporation boats, grinding media, and crystal growing crucibles is expected to drive the growth of the overall market. However, high cost of aluminum nitride compared to regular alumina or zirconia hampers the market growth. Cost issues associated with ammonium nitride is further anticipated to challenge the overall growth of the market. On the contrary, increase in use of aluminum nitride in electronics and automotive industries is anticipated to offer numerous growth opportunities for this market during the forecast period.
The aluminum nitride market is segmented on the basis of grade, method, form, application, and region. By grade, it is divided into technical grade and analytical grade. Technical grade is expected to be the largest segment by the end of the forecast period due to several advantages associated with it over analytical grade. By method, it is classified into carbothermal reduction method, direct nitridation method, and nitridation method. By form, it is divided into powder, granules, and sheet. By application, it is classified into microelectronics, naval radio, power electronics, aeronautical system, automotive, emission control, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific has emerged as the global leader over other regions.
Some of the key players operating in this market include TOYO ALUMINUM K.K., Surmet Corporation, Liaoning Desunmet Special Ceramic Manufacture Co. Ltd, FURUKAWA CO. LTD., Ferro Ceramic-Grinding, MARUWA Co. Ltd., Tokuyama Corporation, Precision Ceramics USA, Thrutek Applied Materials Co. Ltd., and CeramTec.
Key Benefits for Stakeholders:
- The aluminum nitride market size has been analyzed across four major regions.
- Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- The report outlines the current market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets. The market is forecasted from 2019 to 2026.
- Major countries in each region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
- The aluminum nitride market analysis covers in-depth information of major industry participants.
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Market Size Available for Years |
2018-2026 |
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Base Year Considered |
2018 |
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Forecast Period |
2019-2026 |
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Forecast Units |
Value (USD) |
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Segments Covered |
Grade, Method, Form, Application, and Region |
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Geographies Covered |
North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa |
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Companies Covered |
Includes TOYO ALUMINUM K.K., KYOCERA Corporation, Morgan Advanced Materials plc, FURUKAWA CO. LTD., Ferro Ceramic-Grinding, MARUWA Co. Ltd., Tokuyama Corporation, Precision Ceramics USA, Thrutek Applied Materials Co. Ltd., and CeramTec. |
Key Segmentation:
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Segments |
Sub-Segments |
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By Grade |
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By Method |
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By Form |
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By Application |
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By Region |
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Questions Answered in the Aluminum Nitride Market Research Report:
- What is the growth rate of the aluminum nitride market during the forecast period?
- What will be the global aluminum nitride market size from 2019 to 2026?
- What are the leading manufacturing companies in the aluminum nitride market?
- How the major current trends will shape the market in the future?
- What are the driving factors and opportunities in the market?
- Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
- Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
- What are the conclusions of the aluminum nitride Market report?
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