Market Overview:
The global industrial aluminum nitride market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical components and thermal conductive materials. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Industrial Aluminum Nitride is a white crystalline powder that is used as an additive in aluminum alloys to improve their strength and hardness. It can also be used as a ceramic material for various applications.
Direct Nitridation Method:
The direct nitridation method is used to produce aluminum nitride which is a solid form of nitrogen-based alloy. It has properties such as high thermal conductivity, low density and high compressive strength. The direct nitridation method produces pure aluminum nitride with the help of different kinds of catalysts like pyridine, imidazole and triazole based on the requirement.
Carbothermal Reduction and Nitridation Method:
Carbothermal reduction and nitridation method are used in the industrial aluminum nitride market for production of hexagonal boron nitride (hBN) and colemanite. These methods are majorly used for reducing impurities present in the feedstock such as carbon, iron, silicon, manganese & other metals along with nitrogen oxides.
Application Insights:
The global demand for the product has witnessed a paradigm shift due to rising applications in electrical and thermal conductive material manufacturing. Electrical component manufacturing was the largest application segment, which accounted for over 65% of the total market revenue in 2017.
Aluminum nitride is used as an additive during cold-forming process of metal alloys to provide mechanical strength and improve fatigue resistance. It is also used as a protective coating on various metallic components that are exposed to high heat levels or friction, such as gears and shafts of machinery & equipment. The addition of aluminum nitride increases hardness while maintaining ductility & plasticity at elevated temperatures; these properties make it suitable for use in wear-resistant coatings applied on rotating parts or high pressure turbine blades (rotary blades).
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 38% in 2017. The region is expected to witness significant growth in terms of volume as well as revenue over the forecast period. This can be attributed to rising demand for aluminum nitride from various end-use industries such as automotive, aerospace and defense, electrical and electronics, etc.
The presence of key manufacturers such as NITTO Corporation; Nippon Steel & Sumitomo Metal Corporation; JFE Aluminum Corp.; Incoa Company; Anelasto S.A.; Uralchem Inc.; and others has led to high product penetration across Asia Pacific region which is further anticipated to drive market growth during the forecast period.
Europe was estimated at USD X million in 2017 owing to growing demand for thermal conductive materials from several major end-use industries including aerospace & defense, industrial machinery etc.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for aluminum nitride substrates is expected to be a key growth driver for the industrial aluminum nitride market over the next few years.
- Growing demand for LED lighting is also anticipated to boost the market growth in the near future.
- Rising use of aluminum nitride ceramics in medical implants and other biomedical applications is another major factor that is expected to fuel market growth in coming years.
- Increasing investments by leading players in research and development activities aimed at enhancing product offerings is also likely to propel market expansion during forecast period. 5) Growing popularity of aluminium nitride as a thermal management material owing to its excellent heat dissipation properties is anticipated to create new opportunities for players operating in this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Aluminum Nitride Market Research Report
By Type
Direct Nitridation Method, Carbothermal Reduction and Nitridation Method
By Application
Electrical Component, Thermal Conductive Material, Others
By Companies
Tokuyama Corporation, H.C. Starck, Toyo Aluminium, Accumet Materials, Surmet Corp, THRUTEK Applied Materials, HeFei MoK Advanced Material, Eno High-Tech Material, Pengcheng Special Ceramics, Desunmet Ceramic Material, Maite Kechuang
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Aluminum Nitride Market Report Segments:
The global Industrial Aluminum Nitride market is segmented on the basis of:
Types
Direct Nitridation Method, Carbothermal Reduction and Nitridation Method
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
Electrical Component, Thermal Conductive Material, 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:
- Tokuyama Corporation
- H.C. Starck
- Toyo Aluminium
- Accumet Materials
- Surmet Corp
- THRUTEK Applied Materials
- HeFei MoK Advanced Material
- Eno High-Tech Material
- Pengcheng Special Ceramics
- Desunmet Ceramic Material
- Maite Kechuang
Highlights of The Industrial Aluminum Nitride 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:
- Direct Nitridation Method
- Carbothermal Reduction and Nitridation Method
- By Application:
- Electrical Component
- Thermal Conductive Material
- 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 Industrial Aluminum Nitride 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?
Industrial aluminum nitride is a type of aluminum that has been processed to create a hard, durable material. It is often used in aerospace and automotive applications because of its strength and resistance to corrosion.
Some of the major players in the industrial aluminum nitride market are Tokuyama Corporation, H.C. Starck, Toyo Aluminium, Accumet Materials, Surmet Corp, THRUTEK Applied Materials, HeFei MoK Advanced Material, Eno High-Tech Material, Pengcheng Special Ceramics, Desunmet Ceramic Material, Maite Kechuang.
The industrial aluminum nitride market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Aluminum Nitride 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 Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size & Forecast, 2018-2028
4.5.1 Industrial Aluminum Nitride Market Size and Y-o-Y Growth
4.5.2 Industrial Aluminum Nitride Market Absolute $ Opportunity
Chapter 5 Global Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size Forecast by Type
5.2.1 Direct Nitridation Method
5.2.2 Carbothermal Reduction and Nitridation Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size Forecast by Applications
6.2.1 Electrical Component
6.2.2 Thermal Conductive Material
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Aluminum Nitride 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 Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size Forecast by Type
9.6.1 Direct Nitridation Method
9.6.2 Carbothermal Reduction and Nitridation Method
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 Industrial Aluminum Nitride Market Size Forecast by Applications
9.10.1 Electrical Component
9.10.2 Thermal Conductive Material
9.10.3 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 Industrial Aluminum Nitride Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size Forecast by Type
10.6.1 Direct Nitridation Method
10.6.2 Carbothermal Reduction and Nitridation Method
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 Industrial Aluminum Nitride Market Size Forecast by Applications
10.10.1 Electrical Component
10.10.2 Thermal Conductive Material
10.10.3 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 Industrial Aluminum Nitride Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size Forecast by Type
11.6.1 Direct Nitridation Method
11.6.2 Carbothermal Reduction and Nitridation Method
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 Industrial Aluminum Nitride Market Size Forecast by Applications
11.10.1 Electrical Component
11.10.2 Thermal Conductive Material
11.10.3 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 Industrial Aluminum Nitride Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Aluminum Nitride 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 Industrial Aluminum Nitride Market Size Forecast by Type
12.6.1 Direct Nitridation Method
12.6.2 Carbothermal Reduction and Nitridation Method
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 Industrial Aluminum Nitride Market Size Forecast by Applications
12.10.1 Electrical Component
12.10.2 Thermal Conductive Material
12.10.3 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) Industrial Aluminum Nitride Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Aluminum Nitride 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) Industrial Aluminum Nitride Market Size Forecast by Type
13.6.1 Direct Nitridation Method
13.6.2 Carbothermal Reduction and Nitridation Method
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) Industrial Aluminum Nitride Market Size Forecast by Applications
13.10.1 Electrical Component
13.10.2 Thermal Conductive Material
13.10.3 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 Industrial Aluminum Nitride Market: Competitive Dashboard
14.2 Global Industrial Aluminum Nitride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tokuyama Corporation
14.3.2 H.C. Starck
14.3.3 Toyo Aluminium
14.3.4 Accumet Materials
14.3.5 Surmet Corp
14.3.6 THRUTEK Applied Materials
14.3.7 HeFei MoK Advanced Material
14.3.8 Eno High-Tech Material
14.3.9 Pengcheng Special Ceramics
14.3.10 Desunmet Ceramic Material
14.3.11 Maite Kechuang
