Ferro Silicon Nitride Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022 to 2028

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Ferro Silicon Nitride Market: By Product Type (200 mesh, 325 mesh, and Others), By Application (Refractory Material, Steel Mill, and Others), and Geography

 

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Report

Description

Ferro Silicon Nitride Market size was valued at USD 4,273.6 million in 2021 and is expanded to grow at a significant CAGR of 3.9% over 2022-2028. Ferro silicon nitride is a silicon-nitrogen compound with a chemical formula Si x N y. It’s a black, glossy powder that’s water insoluble. Because of its high melting point, Ferro Silicon Nitride is used to create refractory materials, steel mill products, and other industrial goods. It can also be used in the manufacture of electronic equipment. The ferro silicon nitride market is predicted to grow healthy throughout the forecast period due to technological advancements and application-specific breakthroughs. Market participants in the ferro silicon nitride market are adjusting their business models to the new normal by focusing on digitalization and using upcoming technologies like robotic automation and artificial intelligence. During the forecast period, top firms in the ferro silicon nitride market industry will continue to use mergers and acquisitions to acquire new technologies, improve portfolios, and leverage capabilities. The benefits it delivers, such as higher strength and improved corrosion resistance, thermal shock resistance, and abrasion resistance of steels, are driving the global market. The consumption of ferrosilicon nitride is significantly lower than that of traditional manganese and chromium alloys used for alloying in corrosion-resistant smelting steel. Most of the market share is held by 200 mesh ferrosilicon nitride, a form of ferrosilicon nitride with a particle size of 200 mesh. This is the most popular form, and it’s utilized in various applications, including refractory material, steel mills, and other things. It also has a diverse set of uses in various parts of the world.

Recent Market Developments:

In Feb 2021, Infineon to invest €2 billion in a new Malaysia frontend fab. The German semiconductor company is looking to fortify its position in power semiconductors by adding significant manufacturing capacities in the field of wide bandgap (SiC and GaN) semiconductors. The company is investing more than EUR 2 billion to build a third module at its site in Kulim, Malaysia.

In March 2022, Australian semiconductor developer BluGlass Limited has reached agreement to acquire a commercial Silicon Valley laser diode production facility lease and manufacturing equipment for just USD 2.5 million.

Ferro Silicon Nitride Market

MARKET SUMMARY
-
3.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 3.9%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Asia-Pacific

Ferro Silicon Nitride Market

  • Global ferro silicon nitride market report gives comprehensive outlook on ferro silicon nitride across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region.
  • This report studies global ferro silicon nitride dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, and policy makers engaged in global silicon nitride products.
Market Key Players
  • HOSHIAI CO., LTD.(Japan)
  • Futong Industry (China)
  • Shinko Kogyo Co.,Ltd (Japan)
  • Sicerma GmbH (Germany)
  • NTPF Etalon LTD (Russia)
Ferro Silicon Nitride Market Growth

Despite the current adverse conditions, investing in R&D and technology to improve product lines will be the primary growth drivers for the ferro silicon nitride market in the short to medium term. Despite the high price, the increased demand for chemicals and materials to combat the pandemic COVID 19 led to a lack of raw materials for other products, hurting the ferro silicon nitride market supply system. Companies that are rapidly expanding their capacity to fulfill COVID-induced demand must be cautious when interpreting these unanticipated demand patterns.


Asia-Pacific Got Significant Share

Ferro Silicon Nitride Market

Due to its huge production capacity for steel milling applications as well as refractory matter applications, the Asia Pacific region dominated the global Ferrosilicon nitride market in terms of both revenue and volume share. Because of the growth of the steel sector in these regions, North America is predicted to increase at a faster rate. The United States is the largest region in North America, followed by Canada and Mexico.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Ferro Silicon Nitride Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The ferro silicon nitride market is projected to expand at a CAGR of 3.9% during the forecast period

Itaforte, YinChuan, ZhongHong Metallurgica, Futong Industry, Triveni Chemicals

Asia Pacific is the fastest-growing region for ferro silicon nitride market


Report

Table Of Content

  1. Executive Summary
  2. Global Ferro Silicon Nitride Market Introduction
    • Global Ferro Silicon Nitride Market – Taxonomy
    • Global Ferro Silicon Nitride Market –Definitions
      • By Type
      • By Application
  3. Global Ferro Silicon Nitride Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Ferro Silicon Nitride Market Dynamic Factors – Impact Analysis
    • Global Ferro Silicon Nitride Market – Competition Landscape
  4. Global Ferro Silicon Nitride Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Ferro Silicon Nitride Market, By Type, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • 200 Mesh
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 325 Mesh
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Ferro Silicon Nitride Market, By Application, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Refactory
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Steel Mill
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Ferro Silicon Nitride Market Forecast, By Region, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Ferro Silicon Nitride Market – Opportunity Analysis Index, By Type, Application, and Region, 2019 – 2025
  2. North America Ferro Silicon Nitride Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 200 Mesh
      • 325 Mesh
      • Others
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Refractory
      • Steel Mill
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Ferro Silicon Nitride Market – Opportunity Analysis Index, By Type, Application, and Country, 2019 – 2025
    • North America Ferro Silicon Nitride Market Dynamics – Trends
  3. Europe Ferro Silicon Nitride Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 200 Mesh
      • 325 Mesh
      • Others
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Refractory
      • Steel Mill
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Ferro Silicon Nitride Market – By Type, Application, and Country, 2019 – 2025
    • Europe Ferro Silicon Nitride Market Dynamics – Trends
  4. Asia-Pacific Ferro Silicon Nitride Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 200 Mesh
      • 325 Mesh
      • Others
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Refractory
      • Steel Mill
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Ferro Silicon Nitride Market – Opportunity Analysis Index, By Type, Application, and Country, 2019 – 2025
    • Asia-Pacific Ferro Silicon Nitride Market Dynamics – Trends
  5. Latin America Ferro Silicon Nitride Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 200 Mesh
      • 325 Mesh
      • Others
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Refractory
      • Steel Mill
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Ferro Silicon Nitride Market – Opportunity Analysis Index, By Type, Application, and Country, 2019 – 2025
    • Latin America Ferro Silicon Nitride Market Dynamics – Trends
  6. Middle East and Africa Ferro Silicon Nitride Market Analysis, 2013 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 200 Mesh
      • 325 Mesh
      • Others
    • Application Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Refractory
      • Steel Mill
      • Others
    • Country Analysis 2013 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Ferro Silicon Nitride Market – Opportunity Analysis Index, By Type, Application, By Indication, and Country, 2019 – 2025
    • MEA Ferro Silicon Nitride Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • (Brazil)
      • HOSHIAI CO.
      • (Japan)
      • Futong Industry (China)
      • Shinko Kogyo Co.
      • Ltd (Japan)
      • Sicerma GmbH (Germany)
      • NTPF Etalon LTD (Russia)
      • CERAMICS INTERNATIONAL (India)
      • Sunny 100 Global Industry Limited(India)
      • Gaoyi County Fidone Special Ceramics Co. Ltd (China)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • HOSHIAI CO., LTD
  • Futong Industry
  • Shinko Kogyo Co., Ltd
  • Sicerma GmbH
  • NTPF Etalon LTD
  • CERAMICS INTERNATIONAL
  • Sunny 100 Global Industry
  • Limited
  • Gaoyi County Fidone Special
  • Ceramics Co. Ltd
  • Itaforte
  • YinChuan
  • ZhongHong Metallurgica
  • Futong Industry
  • Triveni Chemicals
  • Anhui Yihao International Trading

Description

Ferro Silicon Nitride Market size was valued at USD 4,273.6 million in 2021 and is expanded to grow at a significant CAGR of 3.9% over 2022-2028. Ferro silicon nitride is a silicon-nitrogen compound with a chemical formula Si x N y. It’s a black, glossy powder that’s water insoluble. Because of its high melting point, Ferro Silicon Nitride is used to create refractory materials, steel mill products, and other industrial goods. It can also be used in the manufacture of electronic equipment. The ferro silicon nitride market is predicted to grow healthy throughout the forecast period due to technological advancements and application-specific breakthroughs. Market participants in the ferro silicon nitride market are adjusting their business models to the new normal by focusing on digitalization and using upcoming technologies like robotic automation and artificial intelligence. During the forecast period, top firms in the ferro silicon nitride market industry will continue to use mergers and acquisitions to acquire new technologies, improve portfolios, and leverage capabilities. The benefits it delivers, such as higher strength and improved corrosion resistance, thermal shock resistance, and abrasion resistance of steels, are driving the global market. The consumption of ferrosilicon nitride is significantly lower than that of traditional manganese and chromium alloys used for alloying in corrosion-resistant smelting steel. Most of the market share is held by 200 mesh ferrosilicon nitride, a form of ferrosilicon nitride with a particle size of 200 mesh. This is the most popular form, and it’s utilized in various applications, including refractory material, steel mills, and other things. It also has a diverse set of uses in various parts of the world.

Recent Market Developments:

In Feb 2021, Infineon to invest €2 billion in a new Malaysia frontend fab. The German semiconductor company is looking to fortify its position in power semiconductors by adding significant manufacturing capacities in the field of wide bandgap (SiC and GaN) semiconductors. The company is investing more than EUR 2 billion to build a third module at its site in Kulim, Malaysia.

In March 2022, Australian semiconductor developer BluGlass Limited has reached agreement to acquire a commercial Silicon Valley laser diode production facility lease and manufacturing equipment for just USD 2.5 million.

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