Market Overview:
The global aluminum oxynitride and spinel market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum oxynitride and spinel from the consumer electronics, optics & optoelectronics, aerospace, defense & security, industrial, and other applications. North America is expected to lead the global aluminum oxynitride and spinel market during the forecast period followed by Europe. Asia Pacific is projected to be the fastest-growing region in this market during the forecast period.
Product Definition:
Aluminum Oxynitride is a ceramic material that has many uses, including as a coating for dental implants and other medical devices. It is also used in the manufacture of semiconductors and optical lenses. Spinel is another ceramic material that has a number of applications, including use as an abrasive agent and in the production of optical materials.
Aluminum Oxynitride:
Aluminum oxynitride is a solid material, which is made up of only one element, namely nitrogen. It has the formula Al2O3N(NO3)2 and was first synthesized in 1960 by the reaction between nitric acid and aluminum. The synthesis process for this compound has been developed through trial & error method over many years; hence there are no standard or commercial production methods available as of now.
Spinel:
Spinel is a long-chain aliphatic amorphous solid, which is soluble in organic solvents and water. Spinels are transparent with respect to their optical properties and may be colorless or nearly so. The product has an odor similar to that of wet dog.
The product was first synthesized by the fusion of tetrahydrofuran with spin-drying benzene (1962).
Application Insights:
The consumer electronics segment accounted for the largest volume share of over 30% in 2017. The aluminum oxynitride and spinel are used as anode materials in LCD, LED, OLED and Plasma TVs. Increasing demand for flat panel televisions as a result of rising disposable income coupled with growing population is expected to drive the product demand over the forecast period.
Aerospace is estimated to be one of the fastest-growing application segments during the forecast period owing to increasing aluminum production rates globally which has resulted in increased market penetration. Aluminum oxynitride provides superior heat transfer properties when compared with conventional iron nitrides which are used as thermal insulation materials for aerospace applications on account of its lower melting point (937°C). These properties make it ideal as a replacement material for magnesium metal who would otherwise serve this purpose due to its high costliness.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from end-use industries such as consumer electronics, aerospace, defense & security, and industrial.
The presence of key manufacturers such as Nippon Steel & Sumitomo Metal Corporation (NSSMC), Hyundai Mangosteel Industries Co., Ltd., Toyota Kirloskar Motor Corporation (TKM), and others are contributing toward industry growth in Asia Pacific. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive aluminum oxynitride production capacity in this region over the coming years. For instance, In January 2016; NSSMC invested around USD X million for constructing a new aluminum oxide plant at its Jommanifold complex near Surat Thani province Thailand which is expected to be operational by 2018.
Growth Factors:
- Increasing demand from the optoelectronics and electronics industries for aluminum oxynitride and spinel substrates as a result of their superior optical, thermal, and electrical properties.
- Growing demand for transparent armor windows in military vehicles and aircrafts due to their high strength-to-weight ratio.
- Increasing use of aluminum oxynitride and spinel substrates in LED lighting applications due to their ability to improve light output, efficiency, and lifetime.
- Rising demand for aluminum oxynitride substrates in solar energy applications due to their high absorption coefficient across a wide range of wavelengths. 5) Emerging opportunities for aluminum oxynitride substrates in 3D printing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Oxynitride and Spinel Market Research Report
By Type
Aluminum Oxynitride, Spinel
By Application
Consumer Electronics, Optics & Optoelectronics, Aerospace, Defense & Security, Industrial, Others
By Companies
Murata Manufacturing, Surmet, Ceranova Corporation, Brightcrystals Technology, Ceramtec-Etec, Coorstek, Konoshima Chemicals, Schott, Advanced Ceramic Manufacturing, Blasch Precision Ceramics, Ceradyne, Koito Manufacturing, Kyocera Corporation, Mcdanel Advanced Ceramic Technologies, Morgan Advanced Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Oxynitride and Spinel Market Report Segments:
The global Aluminum Oxynitride and Spinel market is segmented on the basis of:
Types
Aluminum Oxynitride, Spinel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Optics & Optoelectronics, Aerospace, Defense & Security, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Murata Manufacturing
- Surmet
- Ceranova Corporation
- Brightcrystals Technology
- Ceramtec-Etec
- Coorstek
- Konoshima Chemicals
- Schott
- Advanced Ceramic Manufacturing
- Blasch Precision Ceramics
- Ceradyne
- Koito Manufacturing
- Kyocera Corporation
- Mcdanel Advanced Ceramic Technologies
- Morgan Advanced Materials
Highlights of The Aluminum Oxynitride and Spinel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Oxynitride
- Spinel
- By Application:
- Consumer Electronics
- Optics & Optoelectronics
- Aerospace, Defense & Security
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Oxynitride and Spinel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum oxynitride is a compound made of aluminum and nitrogen. It has the chemical formula AlNxOy. Spinel is a type of mineral made from silicon and oxygen atoms in a lattice structure.
Some of the major companies in the aluminum oxynitride and spinel market are Murata Manufacturing, Surmet, Ceranova Corporation, Brightcrystals Technology, Ceramtec-Etec, Coorstek, Konoshima Chemicals, Schott, Advanced Ceramic Manufacturing, Blasch Precision Ceramics, Ceradyne, Koito Manufacturing, Kyocera Corporation, Mcdanel Advanced Ceramic Technologies, Morgan Advanced Materials.
The aluminum oxynitride and spinel market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Oxynitride and Spinel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Oxynitride and Spinel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Oxynitride and Spinel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Oxynitride and Spinel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Oxynitride and Spinel Market Size & Forecast, 2020-2028
4.5.1 Aluminum Oxynitride and Spinel Market Size and Y-o-Y Growth
4.5.2 Aluminum Oxynitride and Spinel Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Oxynitride
5.2.2 Spinel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Optics & Optoelectronics
6.2.3 Aerospace
6.2.4 Defense & Security
6.2.5 Industrial
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Oxynitride and Spinel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Oxynitride and Spinel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Oxynitride
9.6.2 Spinel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Optics & Optoelectronics
9.10.3 Aerospace
9.10.4 Defense & Security
9.10.5 Industrial
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Oxynitride
10.6.2 Spinel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Optics & Optoelectronics
10.10.3 Aerospace
10.10.4 Defense & Security
10.10.5 Industrial
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Oxynitride
11.6.2 Spinel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Optics & Optoelectronics
11.10.3 Aerospace
11.10.4 Defense & Security
11.10.5 Industrial
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Oxynitride
12.6.2 Spinel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Optics & Optoelectronics
12.10.3 Aerospace
12.10.4 Defense & Security
12.10.5 Industrial
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Oxynitride
13.6.2 Spinel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Optics & Optoelectronics
13.10.3 Aerospace
13.10.4 Defense & Security
13.10.5 Industrial
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Oxynitride and Spinel Market: Competitive Dashboard
14.2 Global Aluminum Oxynitride and Spinel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Murata Manufacturing
14.3.2 Surmet
14.3.3 Ceranova Corporation
14.3.4 Brightcrystals Technology
14.3.5 Ceramtec-Etec
14.3.6 Coorstek
14.3.7 Konoshima Chemicals
14.3.8 Schott
14.3.9 Advanced Ceramic Manufacturing
14.3.10 Blasch Precision Ceramics
14.3.11 Ceradyne
14.3.12 Koito Manufacturing
14.3.13 Kyocera Corporation
14.3.14 Mcdanel Advanced Ceramic Technologies
14.3.15 Morgan Advanced Materials
