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Silicon nitride is a chemical compound of elements silicon and nitrogen, and is thermodynamically stable. Its applications include machine parts, cutting tools, turbine rotor blades, and composites among others. It is a non-oxide advanced ceramic material characterized by hardness, toughness, higher strength, and superior thermal & chemical stability. Silicon nitride exhibits high temperature strength and improved thermal shock resistance, which make it ideal for use in gas turbines and automotive engines. in addition, it possesses wear resistance and high electric conductivity.
The outbreak of the novel coronavirus (COVID-19) has severely impacted all aspects of businesses, including the silicon nitride market.
Sintered silicon nitride is the most suitable material for manufacturing of turbocharger rotor for its superior mechanical strength at high temperature and lightweight. Manufacturers are substituting metal rotor by silicon nitride, which resulted in a significant reduction of inertia moment and improvement of engine response. Thus, consumption of silicon nitride is anticipated to grow at significant pace during the near future. Moreover, increase in demand for engine downsizing is assisting the sales of turbochargers, which, in turn, is driving the growth of global silicon nitride market.
Rise in use of silicon nitride in semiconductors is a significant factor driving the growth of the silicon nitride market. Silicon nitride is widely used in semiconductor materials, due to its ability to provide a blend of thermal and mechanical properties. Silicon nitride is used in the manufacturing of organic photovoltaic (OPV) for converting solar energy into electrical energy using an electronic junction. In addition, it is used in manufacturing integrated circuits and consumer electronics such as displays, projectors, solar cells, gaskets, wearable electronic devices, and lighting devices. With surge in urban population, rise in disposable incomes, robust supply chains, digitalization, and high internet penetration, the demand for consumer electronics is anticipated to escalate at a considerable rate, which will consequently boost the demand for silicon nitride.
The Asia-Pacific region accounted for the largest share of the silicon nitride market. This is attributed to high demand for silicon nitride in the automotive industry from the emerging economies such as India and China. The market in the European region is expected to grow at a significant rate with the presence of major manufacturers, such as AlzChem, in the region.
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