The future silicon nitride market has great potential and broad prospects
2023/9/14
Expanding the Size of Silicon Nitride Market in 2023
The Chinese government has given great attention and support to the development of new energy vehicles and high-performance materials in recent years. With the vigorous development of the new energy vehicle industry, the demand for high-performance materials such as silicon nitride is also constantly increasing. At the same time, the government also encourages research institutions and enterprises to increase their research and development efforts, promoting innovation in silicon nitride technology and products. This series of supportive policies has provided a favorable development environment for the silicon nitride market, further promoting the expansion of market scale.
The market size of silicon nitride is expected to exceed the $5 billion mark in the next few years, further expanding its market share. Silicon nitride plays an important role in various application fields, and its excellent performance characteristics and wide range of applications make it the preferred material for many industries. The 2023-2028 market demand and investment consulting report of China's silicon nitride industry pointed out that due to the impact of the epidemic, the growth rate of production in the high-purity silicon nitride industry decreased significantly in 2020, from 43.49% in 2019 to 8.57%. The market production of high-purity silicon nitride in 2020 was 874 tons.
Analysis of the market size of silicon nitride in 2023: The production of silicon nitride in the market is 874 tons
With the rapid development of intelligent driving and electric vehicle technology, the demand for high-temperature, high-frequency, and high-power electronic devices is also increasing. Silicon nitride materials are widely used in the field of automotive electronics due to their excellent high-temperature resistance and electrical properties. Silicon nitride power devices can provide more efficient energy conversion, and their application in battery management systems and charging stations of electric vehicles can achieve faster charging and safer energy transmission. These factors have jointly promoted the further development of the silicon nitride market.
Broad Market Prospects for Silicon Nitride in China
With the rapid development of 5G communication technology, the demand for key components such as high-frequency power amplifiers and RF switches in silicon nitride materials is also increasing. In addition, silicon nitride is also widely used in fields such as energy storage, solar energy, and LED lighting. The continuous development of these industries and their reliance on high-performance materials have provided sustained growth momentum for the size of the silicon nitride market.
The silicon nitride industry market has broad application prospects in multiple fields. Currently, with the continuous progress of technology and the continuous growth of market demand, we believe that the silicon nitride market will continue to develop and grow. In addition, due to its broadband gap characteristics, silicon nitride is also widely used in the manufacturing of ultraviolet and blue light lasers, for research in fields such as photocatalysis and photolysis of water.
In short, the silicon nitride market has enormous potential and broad prospects. With its widespread application in fields such as electronics, optoelectronics, and chemical engineering, the market size is expected to continue to expand. Government support and the promotion of technological innovation will further promote the development of the silicon nitride industry. Against the backdrop of rapid global economic development and technological progress, the silicon nitride market will become a hot area for investors to pay attention to and participate in.
JIN DUN CHEMICAL has built a special (meth) acrylic monomer manufacturing base in ZHEJIANG province. This makes sure the stable supply of HEMA, HPMA, HEA, HPA, GMA with high level quality. Our special acrylate monomers are widely used for thermosetting acrylic resins, crosslinkable emulsion polymers, acrylate anaerobic adhesive, two-component acrylate adhesive, solvent acrylate adhesive, emulsion acrylate adhesive, paper finishing agent and painting acrylic resins in adhesive.We have also developed the new and special (meth) acrylic monomers and derivatives. Such as the fluorinated acrylate monomers, It can be widely used in coating leveling agent, paints, inks, photosensitive resins, optical materials, fiber treatment, modifier for plastic or rubber field. We are aiming to be the top supplier in the field of special acrylate monomers, to share our rich experience with better quality products and professional service.
