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Silicon Nitride Balls Market Research Report—Global Forecast till 2030

Silicon Nitride Balls Market Research Report Information By Type (<0.5" Ball, 0.5"- <1.0" Ball, 1.0" - 1.5" Ball, <1.5" Ball) Application (Aerospace & Defense, Automotive, Machine Tools, Energy, Others) Forecast 2030

ID: MRFR/CnM/9478-CR | October 2022 | Region: Global | 110 Pages         

Silicon Nitride Balls Market

The Silicon Nitride Balls market size is projected to be worth USD 548.03 million by 2030, registering a CAGR of 5.54% during the forecast period (2022–2030).

Segmentation

By Type <0.5" Ball 0.5"- <1.0" Ball 1.0"-1.5" Ball <1.5"Ball
By Application Aerospace & Defense Automotive Machine Tools Energy Others

Key Players

  • CoorsTek Inc.(US)
  • Enduro Bearings (US)
  • Kyocera Corporation (Japan)
  • Ortech Advanced Ceramics (US)
  • Salem Specialty Ball Inc. (US)
  • Sinoma (China)
  • SKF (Sweden)
  • Toshiba Materials Co.Ltd (Japan)
  • Tsubaki Nakashima Co. Ltd (Japan)
  • ZYS International Co.Ltd (China)

Drivers

  • Increasing Demand For Efficient Grinding Media For Size Reduction In End-Use Industries
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Silicon Nitride Balls Market Overview


The Silicon Nitride Balls market size is projected to be worth USD 548.03 million by 2030, registering a CAGR of 5.54% during the forecast period (2022–2030). The market was valued at USD 339.63 million in 2021.


Balls made of silicon nitride are highly effective in many technological and mechanical contexts. Silicon nitride balls are utilised in applications that demand both low friction and great resistance to heat. At high speeds and acceleration, the lightweight ceramics have less sliding and wear than heavier materials. Silicon nitride balls have a low coefficient of thermal expansion and a moderate thermal conductivity, lowering cooling costs. They are also resistant to chemicals and other corrosive substances. The increasing need for silicon nitride balls in aeroplane cabin and exterior structural components is the primary driver of this expansion. Silicon nitride balls have superior material and electrical insulating qualities, making them superior to standard steel bearing balls.


Movement in end-use industries like aerospace & defense, automotive, and wind energy has a direct impact on the development of the silicon nitride balls market. The global market for silicon nitride balls is growing in volume due to rising demand from a wide variety of end uses, including the aerospace, automotive, wind turbine, dental drill, machine tool, and semiconductor industries. Increases in both vehicle production and spending on R&D are expected to drive rapid industry expansion over the next few years. Applications for silicon nitride balls have increased in both number and volume, invading and dominating new markets with ferocity.


COVID-19 Impact on the Silicon Nitride Balls Market:


Key raw materials used for manufacturing silicon nitride balls include silicon nitride which is produced from silicon and nitrogen. The majority of raw materials suppliers in this market had to shut down their operating facilities due to the outbreak of COVID-19. In response to combat the virus, the key suppliers shifted their focus towards offering relief in the pandemic. Procurement of raw materials has become difficult due to the trade restrictions and shutdown of various productions globally. It has also impacted the price margins of suppliers to sustain in difficult times. Moreover, companies have developed new strategies to overcome procurement challenges. With the increasing uncertainty of the world, supply chain resilience is becoming increasingly important. However, these companies have begun operations again, and restrictions have been lifted in various parts of the world, leading to the ease of transportation and businesses globally. Suppliers are following necessary measures such as the enforcement of wearing masks, washing hands, sanitizing, social distancing, temperature monitoring, frequent clean down, and disinfection within facilities.


Commercial aviation and automotive, two of the largest markets for silicon nitride balls, have been severely impacted, with production levels for 2020 falling to levels not seen in many years. As the economy and employment recover, it is expected that there will be a significant rise in demand for automobiles, causing assembly plants and the factories that supply them to restart operations. However, many large players have continued their manufacturing facilities as they are engaged in the production of several critical infrastructure industries such as aerospace, transportation, medical, energy, industrial machinery, and equipment. For instance, Coorstek’s silicon nitride bearing elements enable critical-to-function medical, utility, aerospace, machinery and equipment flight control components, wind turbines, machinery and equipment, medical drills, airplane wing flaps, and more. Thus, Coorstek’s operation in the US, the UK, Scotland, Canada, and Japan had no impact of the global pandemic. As these disruptions emerge at unprecedented rates and magnitudes, businesses are having to adapt and respond in an ever-changing global environment to de-risk supply chains, safely maintain operations, continue production, and ensure the availability of their products.


Market Dynamics


Drivers


  • Increasing Demand For Efficient Grinding Media For Size Reduction In End-Use Industries


Silicon nitride balls are used as grinding media in various industries. They offer benefits such as high grinding efficiency, high wear resistance, longer product cycle, and decreasing product contamination over traditional grinding media such as cast iron, steel, and chrome steel. Shorter grinding cycles, increasing dressing interval, and economical grinding requirements are some of the major factors that are considered while selecting the suitable grinding media. They are used as grinding media for engine shafts, valve & piston drive, and injection systems, among other parts, having tight size tolerance requirements. The expanding automotive production is likely to increase the demand for silicon nitride balls.


Moreover, in the chemical industry, grinding media is used for media milling. It is majorly used in three major areas of solid chemical processing, including particle size reduction in chemicals, mixing and milling of chemicals to form new compounds and activation or liberation of chemical raw materials. It is often used to fabricate milling media for industrial mixing or powder preparation. Further, silicon nitride balls sustain weight loss of up to 14% compared to alternative technical materials under the same impacting and wearing conditions, reducing sample contamination and extending the service lives of both milling media and the ball mill itself. The growing chemical industry is expected to drive the demand for ceramic grinding media during the forecast period.


Restraints


  • Presence Of Substitute Products


Plastic balls or steel balls are being used as a substitute for silicon nitride balls. Steel balls are a trusted component for use in many designs, as it is an older technology. The steel ball bearings are comprised all-steel parts, but they are available with different types of steel races and balls. Steel balls are majorly used in various applications, including aerospace bearing, dental and medical bearings, automotive and industrial bearings. Plastic balls have been invented recently and have many advantages. For instance, they are lightweight and have excellent wear resistance, corrosion resistance, and chemical resistance and, thus, are being widely used for chemical applications. Plastic balls can be easily molded or machined to be better for the operation. Plastic ball bearings become completely nonmagnetic when fitted with polymer, glass, or nonmagnetic stainless balls. Furthermore, plastic and steel balls are less expensive than silicon nitride balls, which give them an upper hand over silicon nitride balls. Thus, the presence of substitute products such as plastic balls, steel balls, and alloy balls is likely to hamper market growth during the review period.


Opportunity


  • Rising Demand In Renewable Energy Production


In the renewable energy industry, silicon nitride balls have found application in wind turbine generators. For this purpose, large silicon nitride balls are required. Further, long blades in these turbines produce high stresses that necessitate the use of advanced materials. Silicon nitride ball bearings provide the endurance and load-carrying capacity to provide a cost-effective solution. The long life of silicon nitride balls also reduces the risk of unscheduled maintenance, which can be expensive given the height and position of wind turbines. Therefore, there is an increasing demand for silicon nitride balls in turbine generators. Furthermore, increased investment in solar and hydropower plants in developing nations is also likely to hamper global and regional market growth. Besides, hydropower sources are increasing to meet the rising demand for green energy sources in both developing and developed countries. Thus, with the growth in the wind energy sector year on year across the globe, the demand for carbon fibers is increasing largely in the industry, which is expected to fuel the demand for silicon nitride balls and drive the growth of the global market during the review period.


Challenges


  • Pollution Caused During The Production Of Silicon Nitride Balls


The manufacture of silicon nitride balls, from raw material production and processing, through forming and transportation, inevitably consumes natural resources, materials, and energy and generates various environmental impacts. Among these, land pollution and air pollution are the most hazardous ones. When heated to decomposition, silicon nitride emits toxic fumes of ammonia and ozone. Further, on contact with acids, silicon nitride may generate flammable hydrogen gas. Moreover, the SPM (Suspended Particulate Matter) produced by silica mining and the rubble heaped on mine sides is endangering the local environment. Also, the open storage of raw materials creates an unhygienic and dusty environment, which leads to air pollution. Besides, the majority of manufacturers of silicon nitride balls are small-scale manufacturers. They try to save the cost on the purchase of raw materials by going for lower quality raw material, thus affecting the final product's quality and profit margin. This also happens due to the lack of effective methods or instruments to measure the quality of raw material. The many types of pollutions caused during the production of silicon nitride balls are expected to pose a challenge to the market players and, thus, affect market growth.


Segmentation


By Type



  • <0.5" Ball

  • 5"- <1.0" Ball

  • 0" - 1.5" Ball

  • <1.5" Ball


By Application



  • Aerospace & Defense

  • Automotive

  • Machine Tools

  • Energy

  • Others


Regional Analysis


The global market for Silicon Nitride Balls is segmented into the following regions: Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa.


China, Japan, India, South Korea, Malaysia, Indonesia, Australia & New Zealand, and the Rest of Asia-Pacific make up the various segments of the Asia-Pacific market. In 2021, Asia-Pacific accounted for 45.85% of the worldwide Silicon Nitride Balls market, and this share is only predicted to increase over the next few years. In 2021, Asia-Pacific had the biggest market share at 41.63%, and it is also projected to grow at the fastest rate over the forecast period, at 5.76%. Market growth in Asia-Pacific is anticipated to be led by the region's expanding end-use industries such as automotive, aerospace & defence and power generation throughout the forecast time period.


The United States aircraft industry led the world in sales in 2021 with $712 billion in revenue and 2,200 direct and indirect jobs. The primary factor that is expected to promote the growth of the North American market over the projected period is the substantial increase in the aerospace industry and the rising need for lightweight and fuel-efficient military aircraft and counterterrorism applications.


European automakers are among the world's most prolific, and the high electrical resistivity of silicon nitride balls makes them a common component in motors that run on alternative fuels. In the future, demand is projected to be driven by Europe's expanding automotive sector. Additionally, end-user industries like automotive, chemicals, and others have contributed to Europe's expanding market. During the assessment period, the United Kingdom and Germany are projected to be growth drivers for their respective regional markets.


Further, expanding domestic suppliers and manufacturers are a major contributor to expansion in both Latin America and the Middle East and Africa.


Competitive Landscape


The global Silicon Nitride Balls market is expected to showcase healthy growth throughout the forecast period. The global market represents strong numbers in terms of consumption and is expected to grow year on year. The global Silicon Nitride Balls market is fragmented in nature with several organized and unorganized players operating in the market.


The leading companies in the global silicon nitride balls market have extensive production bases and state-of-the-art manufacturing facilities at both the domestic and international levels, giving them an edge in the global market and ensuring a steady supply of products to numerous end-use industries worldwide. It is anticipated that these companies will achieve their full revenue potential through a combination of strategic moves like market expansion, new product development, and mergers and acquisitions.


CoorsTek Inc. (US), Enduro Bearings (US), Kyocera Corporation (Japan), Ortech Advanced Ceramics (US), Salem Specialty Ball, Inc. (US), Sinoma (China), SKF (Sweden), Toshiba Materials Co., Ltd (Japan), Tsubaki Nakashima Co. Ltd (Japan), ZYS International Co., Ltd (China), Fineway Inc. (Canada), and Metalball (France) are the key players operating in the global silicon nitride balls market.


SKF, Tsubaki Nakashima Co. Ltd, Toshiba Materials Co., Ltd, Kyocera Corporation, and CoorsTek Inc. hold the largest share of the global silicon nitride balls market due to their strong industry experience, global revenue bases, wide product portfolios, and strong distribution networks.


Some of the key developments include:



  • In March 2020, Toshiba Materials Co., Ltd and Kyocera Corporation collaborated to start full-scale production of nitride ceramic components.

  • In March 2020, CoorsTek Inc. showcased its silicon nitride bearing balls, ceramic substrates, semiconductors, renewable energy technology, sensor components for power supply, industrial electronics, automotive, renewable energy, and household use at the PCIM 2020 digital event in Nuremberg.

  • In January of 2019, Denka announced expansion to triple the size of its silicon nitride ceramic substrate factory. As silicon nitride is in high demand for usage in automobiles, the expansion will allow the company to keep up with supply. The anticipated building year was 2020–2021.

  • In February of 2019, Kyocera made public its plans to buy HC Starck, a manufacturer of silicon nitride powder. In addition to expanding the company's position in the silicon nitride market, the acquisition allows it to more fully integrate its operations from start to finish.

  • In April 2018, Toshiba Materials Co., Ltd had announced that it would open a second production facility for silicon nitride substrates in Oita, Oita Prefecture. The company will make a major investment in an existing facility through a 10 billion yen (approx. USD 91 thousand) program that will run until March 2023.


Report Overview:


The Silicon Nitride balls market is segmented by type, application, and region in the report. In terms of insights, this report has focused on various levels of analysis such as market dynamics, value chain analysis, Porter's five forces, competitive landscape, and company profiles—all of which comprise and discuss views on the global Silicon Nitride Balls emerging and fast-growing segments, regions, and countries.


Objectives of the Study



  • To get a comprehensive overview of the global Silicon Nitride Balls market

  • To get wide-ranging information about the key factors driving the market and market opportunities

  • To gain information regarding the key players in the industry, their product portfolio, strategies, and key developments

  • To gain insights into the key country/region in which the market is growing


Intended Audience



  • Aerospace & Defence Companies

  • Automotive Companies

  • Energy Companies

  • Transportation Companies

  • Machine Tools Companies

  • Research Institutes

  • Academic Institutes

  • Government Organizations



Report Scope:

Report Attribute/Metric Details
  Market Size    2030: USD 548.03 million
  CAGR    5.54% CAGR (2022-2030)
  Base Year    2021
  Forecast Period    2022-2030
  Historical Data    2019, 2020
  Forecast Units    Value (USD Million) & Volume (Tons)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa
  Key Vendors   CoorsTek Inc. (US), Enduro Bearings (US), Kyocera Corporation (Japan), Ortech Advanced Ceramics (US), Salem Specialty Ball, Inc. (US), Sinoma (China), SKF (Sweden), Toshiba Materials Co., Ltd (Japan), Tsubaki Nakashima Co. Ltd (Japan), ZYS International Co., Ltd (China), Fineway Inc. (Canada), and Metalball (France)
  Key Market Opportunities   Rising Demand In Renewable Energy Production
  Key Market Drivers   â€¢ High Demand For Silicon Nitride Balls From The Aerospace & Defense Industry • Surge In Demand From The Automotive Industry • Increasing Demand For Efficient Grinding Media For Size Reduction In End-Use Industries


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Frequently Asked Questions (FAQ) :

The global Silicon Nitride Balls market would register a growth of 5.54%.

The aerospace & defence industry will play a prominent role in taking the market forward.

Thus, the presence of substitute products such as plastic balls, steel balls, and alloy balls is likely to hamper market growth during the review period.

Asia-Pacific would enjoy the upper hand in the Silicon Nitride Balls market, and it is poised to grow at a rapid rate.

US is poised to set the trend for demand growth in the Silicon Nitride Balls market.