Global Silicon Nitride Market

Silicon Nitride Market Size, Share, Growth Analysis, By Type(hot-pressed silicon nitride, reaction-bonded silicon nitride, and sintered silicon nitride), By Application(automotive, aerospace, electronics, healthcare), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2221 | Region: Global | Published Date: March, 2024
Pages: 184 |Tables: 65 |Figures: 75

Silicon Nitride Market Insights

Silicon Nitride Market size was valued at USD 1.18 billion in 2021 and is poised to grow from USD 1.27 billion in 2022 to USD 2.21 billion by 2030, growing at a CAGR of 7.2% in the forecast period (2023-2030).

The global silicon nitride market is experiencing significant growth due to its wide range of applications and favorable properties. Silicon nitride is a versatile ceramic material known for its excellent mechanical strength, thermal stability, and chemical resistance.

It finds extensive usage in industries such as automotive, aerospace, electronics, and healthcare. The increasing demand for lightweight and high-performance materials in these sectors is driving the market growth. Additionally, the rising need for advanced ceramics in various industrial applications, such as bearings, cutting tools, and insulators, further fuels market expansion.

The market is also witnessing technological advancements, such as the development of advanced manufacturing techniques and the incorporation of additives to enhance material properties. Overall, the silicon nitride market is projected to grow as industries continue to adopt this material for its exceptional characteristics and diverse applications.

US Silicon Nitride Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 1.18 billion

Largest Segment

hot-pressed silicon nitride

Fastest Growth

hot-pressed silicon nitride

Growth Rate

7.2% CAGR

Global Silicon Nitride Market ($ Bn)
Country Share for North America Region (%)

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Silicon Nitride Market Segmental Analysis

The Global Silicon Nitride Market is segmented by type, application, and region. Based on type, the market can be segmented into hot-pressed silicon nitride, reaction-bonded silicon nitride, and sintered silicon nitride. Based on application, the market is segmented into automotive, aerospace, electronics, healthcare, and energy.Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Silicon Nitride Market Analysis by Type

The dominant sub-segment in the Type category is hot-pressed silicon nitride. This type of silicon nitride is manufactured by applying high pressure and temperature to a mixture of silicon nitride powder and additives. Hot-pressed silicon nitride exhibits superior strength, toughness, and thermal shock resistance, making it suitable for demanding applications such as cutting tools, bearings, and engine components.

The fastest-growing sub-segment in the Type category is sintered silicon nitride. Sintered silicon nitride is produced by compacting silicon nitride powder and sintering it at high temperatures to form a dense and strong ceramic material. Sintered silicon nitride offers excellent wear resistance, low thermal conductivity, and high thermal stability, making it ideal for applications in the aerospace, automotive, and electronics industries.

Silicon Nitride Market Analysis by Application

The dominant sub-segment in the Application category is the Automotive industry. Silicon nitride is widely used in automotive applications due to its superior mechanical properties, high-temperature resistance, and low friction coefficient. It is used in components like engine parts, turbochargers, bearings, and cutting tools. The automotive industry accounts for a significant share of the silicon nitride market due to the increasing demand for lightweight and high-performance materials in the sector.

The fastest-growing sub-segment in the Application category is the Electronics industry. Silicon nitride is extensively used in electronics applications, including substrates, circuit boards, and electronic packaging. It offers excellent electrical insulation properties, thermal management capabilities, and resistance to thermal cycling and moisture. The rising demand for electronic devices, particularly in consumer electronics, telecommunications, and renewable energy sectors, drives the growth of silicon nitride in this sub-segment.

Global Silicon Nitride Market By Type, 2023 (%)

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Silicon Nitride Market Regional Insights

One dominant region in the global silicon nitride market is North America. This region has a well-developed industrial sector, significant investment in research and development, and a strong presence of key market players. North America is known for its technological advancements and innovation, which contribute to the dominance of this region in the silicon nitride market. The presence of major end-user industries such as automotive, aerospace, and healthcare further drives the demand for silicon nitride in North America.

One of the fastest growing regions in the global silicon nitride market is Asia-Pacific. The region is witnessing rapid industrialization, infrastructure development, and economic growth, leading to increased demand for silicon nitride in various applications. The automotive and electronics sectors in countries like China, Japan, and South Korea are driving the growth of the silicon nitride market in the Asia-Pacific region. Moreover, the rising focus on renewable energy and the growing emphasis on sustainable development also contribute to the increasing adoption of silicon nitride in this region. Government initiatives to promote advanced materials and technological advancements further fuel the growth of the silicon nitride market in Asia-Pacific.

Global Silicon Nitride Market By Region, 2024-2031
  • Largest
  • Fastest

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Silicon Nitride Market Dynamics

Silicon Nitride Market Drivers

Increasing Demand For Clean Electricity

  • Driver: One key driver of the global silicon nitride market is the increasing demand for high-performance ceramics in various industries. Silicon nitride offers excellent mechanical properties, high thermal stability, and superior electrical insulation, making it ideal for applications such as automotive, aerospace, electronics, and healthcare. The growing need for lightweight and durable materials, along with advancements in technology, drives the demand for silicon nitride in these sectors. Additionally, the expanding semiconductor industry and the demand for silicon nitride in electronics manufacturing further contribute to market growth.

Silicon Nitride Market Restraints

High Production And Processing Costs Associated With Silicon Nitride Ceramics

  • One restraint of the global silicon nitride market is the high production and processing costs associated with silicon nitride ceramics. The manufacturing process involves complex procedures, including powder synthesis, shaping, and sintering, which require specialized equipment and expertise. This results in higher production costs compared to traditional materials. Moreover, the limited availability of raw materials, such as high-purity silicon and nitrogen gas, adds to the cost challenges. The high cost of silicon nitride ceramics can limit its adoption, especially in price-sensitive industries, and pose a barrier to market growth

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Silicon Nitride Market Competitive Landscape

The global Silicon Nitride market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Silicon Nitrides. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions.

Silicon Nitride Market Top Player’s Company Profiles

  • Denka Company Limited (Japan)
  • Kyocera Corporation (Japan)
  • CeramTec GmbH (Germany)
  • Morgan Advanced Materials plc (United Kingdom)
  • UBE Industries Ltd. (Japan)
  • CoorsTek, Inc. (United States)
  • AlzChem AG (Germany)
  • Toshiba Materials Co., Ltd. (Japan)
  • Rogers Corporation (United States)
  • H.C. Starck GmbH (Germany)
  • McDanel Advanced Ceramic Technologies (United States)
  • Ferrotec Holdings Corporation (Japan)
  • Tokuyama Corporation (Japan)
  • SINTX Technologies, Inc. (United States)
  • Hitachi Chemical Co., Ltd. (Japan)
  • Hoover Precision Products, LLC (United States)
  • Yantai Tomley Hi-Tech Advanced Materials Co., Ltd. (China)
  • Momentive Performance Materials Inc. (United States)
  • High Performance Alloys, Inc. (United States)
  • CeraNova Corporation (United States)

Silicon Nitride Market Recent Developments

  • In February 2023, A collaboration between academia and industry led to the discovery of a new type of silicon nitride-based catalyst with exceptional catalytic activity for sustainable chemical reactions, paving the way for greener manufacturing processes.
  • In June 2023, A startup introduced a cutting-edge silicon nitride-based semiconductor material that enables faster and more efficient electronic devices, driving advancements in telecommunications and computing.

Silicon Nitride Key Market Trends

  • One key market trend in the global silicon nitride market is the increasing demand for silicon nitride in the automotive and aerospace industries. Silicon nitride, a high-performance ceramic material, offers excellent mechanical and thermal properties, making it suitable for a wide range of applications in these industries. In the automotive sector, there is a growing focus on lightweight materials to improve fuel efficiency and reduce emissions. Silicon nitride, with its high strength-to-weight ratio and exceptional resistance to thermal shock, is being used in the manufacturing of engine components, such as turbochargers, pistons, and valves. It helps improve engine efficiency, reduce emissions, and enhance overall performance. Similarly, in the aerospace industry, silicon nitride is gaining prominence due to its lightweight nature, high temperature resistance, and exceptional mechanical properties. It is used in critical applications such as turbine components, bearings, and heat shields. The aerospace sector's increasing demand for more fuel-efficient engines and advanced materials that can withstand extreme operating conditions is driving the adoption of silicon nitride.
  • Furthermore, the growing trend of electric vehicles (EVs) is also expected to contribute to the demand for silicon nitride. As EVs gain popularity, the need for lightweight materials with high thermal conductivity and electrical insulation properties becomes crucial for battery systems, power electronics, and other critical components.

Silicon Nitride Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

The global silicon nitride market is experiencing steady growth due to its wide range of applications in various industries such as automotive, electronics, aerospace, and healthcare. Silicon nitride is a versatile ceramic material known for its exceptional mechanical, thermal, and electrical properties. It is extensively used in the production of components and parts that require high strength, thermal resistance, and excellent wear and corrosion resistance. The market is driven by the increasing demand for silicon nitride in the automotive industry for applications such as engine components, bearings, and cutting tools. Additionally, the growing adoption of silicon nitride in the electronics sector for substrates, insulators, and packaging materials further contributes to market growth. However, factors such as high production costs and limited availability of raw materials can hinder the market's expansion. Nonetheless, ongoing research and development activities aimed at enhancing the properties and reducing the costs of silicon nitride offer promising opportunities for market growth in the future.

Report Metric Details
Market size value in 2023 USD 1.18 billion
Market size value in 2031 USD 2.21 billion
Growth Rate 7.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • hot-pressed silicon nitride, reaction-bonded silicon nitride, and sintered silicon nitride
  • Application
    • automotive, aerospace, electronics, healthcare, and energy
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Denka Company Limited (Japan)
  • Kyocera Corporation (Japan)
  • CeramTec GmbH (Germany)
  • Morgan Advanced Materials plc (United Kingdom)
  • UBE Industries Ltd. (Japan)
  • CoorsTek, Inc. (United States)
  • AlzChem AG (Germany)
  • Toshiba Materials Co., Ltd. (Japan)
  • Rogers Corporation (United States)
  • H.C. Starck GmbH (Germany)
  • McDanel Advanced Ceramic Technologies (United States)
  • Ferrotec Holdings Corporation (Japan)
  • Tokuyama Corporation (Japan)
  • SINTX Technologies, Inc. (United States)
  • Hitachi Chemical Co., Ltd. (Japan)
  • Hoover Precision Products, LLC (United States)
  • Yantai Tomley Hi-Tech Advanced Materials Co., Ltd. (China)
  • Momentive Performance Materials Inc. (United States)
  • High Performance Alloys, Inc. (United States)
  • CeraNova Corporation (United States)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Silicon Nitride Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Silicon Nitride Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Silicon Nitride Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Silicon Nitride Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Silicon Nitride Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Silicon Nitride Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Silicon Nitride Market size was valued at USD 1.18 billion in 2021 and is poised to grow from USD 1.27 billion in 2022 to USD 2.21 billion by 2030, growing at a CAGR of 7.2% in the forecast period (2023-2030).

The Silicon Nitride market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Silicon Nitrides. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions. 'Denka Company Limited (Japan)', 'Kyocera Corporation (Japan)', 'CeramTec GmbH (Germany)', 'Morgan Advanced Materials plc (United Kingdom)', 'UBE Industries Ltd. (Japan)', 'CoorsTek, Inc. (United States)', 'AlzChem AG (Germany)', 'Toshiba Materials Co., Ltd. (Japan)', 'Rogers Corporation (United States)', 'H.C. Starck GmbH (Germany)', 'McDanel Advanced Ceramic Technologies (United States)', 'Ferrotec Holdings Corporation (Japan)', 'Tokuyama Corporation (Japan)', 'SINTX Technologies, Inc. (United States)', 'Hitachi Chemical Co., Ltd. (Japan)', 'Hoover Precision Products, LLC (United States)', 'Yantai Tomley Hi-Tech Advanced Materials Co., Ltd. (China)', 'Momentive Performance Materials Inc. (United States)', 'High Performance Alloys, Inc. (United States)', 'CeraNova Corporation (United States)'

Driver: One key driver of the silicon nitride market is the increasing demand for high-performance ceramics in various industries. Silicon nitride offers excellent mechanical properties, high thermal stability, and superior electrical insulation, making it ideal for applications such as automotive, aerospace, electronics, and healthcare. The growing need for lightweight and durable materials, along with advancements in technology, drives the demand for silicon nitride in these sectors. Additionally, the expanding semiconductor industry and the demand for silicon nitride in electronics manufacturing further contribute to market growth.

One key market trend in the silicon nitride market is the increasing demand for silicon nitride in the automotive and aerospace industries. Silicon nitride, a high-performance ceramic material, offers excellent mechanical and thermal properties, making it suitable for a wide range of applications in these industries. In the automotive sector, there is a growing focus on lightweight materials to improve fuel efficiency and reduce emissions. Silicon nitride, with its high strength-to-weight ratio and exceptional resistance to thermal shock, is being used in the manufacturing of engine components, such as turbochargers, pistons, and valves. It helps improve engine efficiency, reduce emissions, and enhance overall performance. Similarly, in the aerospace industry, silicon nitride is gaining prominence due to its lightweight nature, high temperature resistance, and exceptional mechanical properties. It is used in critical applications such as turbine components, bearings, and heat shields. The aerospace sector's increasing demand for more fuel-efficient engines and advanced materials that can withstand extreme operating conditions is driving the adoption of silicon nitride.

One dominant region in the silicon nitride market is North America. This region has a well-developed industrial sector, significant investment in research and development, and a strong presence of key market players. North America is known for its technological advancements and innovation, which contribute to the dominance of this region in the silicon nitride market. The presence of major end-user industries such as automotive, aerospace, and healthcare further drives the demand for silicon nitride in North America.

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Global Silicon Nitride Market

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