Silicon Nitride Market | Exactitude Consultancy Reports

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Silicon Nitride Market by Type (Reaction Bonded Silicon Nitride, Hot pressed Silicon Nitride, Sintered Silicon Nitride), Application (Engine Components, Bearing and Rollers, Metal Working, Tubes, And Pipes, Ceramic Cutting Material, Led Devices, Seals and Rings), Grade Outlook (Standard Grades, High Purity grades) and End-use Industry (Automotive, Aerospace, Medical, Photovoltaic, Electronics & Semiconductors, And Others), and Region, Global Trends and Forecast from 2023 to 2029

The global Silicon Nitride market is designed to grow at 7.5% CAGR from 2023 to 2029. It is expected to reach above USD 190 Million by 2029 from USD 125 Million in 2022.

Segment Analysis
Silicon nitride is segmented into two segments that are by type reaction bonded silicon nitride, hot pressed silicon nitride, and sintered silicon nitride, and by application engine components, bearing, and rollers, metal-working, tubes & pipes.

The worldwide silicon nitride market is divided into two grade categories: standard grade and high purity grade. Due to the growing demand for better thermomechanical properties, such as strength, fracture toughness, hardness, thermal shock fracture resistance, and thermal conductivity, which are essential for final products, the high purity grade segment is anticipated to experience rapid revenue growth during the forecast period. They are utilized in ball bearings, cutting tools, aerospace, and aviation components, among other things, since they possess the qualities mentioned above.

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