info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Aluminum Nitride Market to Reach $0.192 Billion with CAGR of 3.20% - Current Trends and Future Estimations

Market Research Future (MRFR) has published a cooked research report on the “Global Aluminum nitride Market” that contains information from 2018 to 2032. The Aluminum nitride market is estimated to register a CAGR of 3.20% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Aluminum nitride market— KYOCERA Corporation, Morgan Advanced Materials, CeramTec Group, Toyal Europe, TOYO ALUMINIUM K.K, Accumet Materials Co, Surmet Corporation, TOSHIBA MATERIALS CO., LTD., FURUKAWA CO.,LTD., MARUWA Co., Ltd., Toyal America, Inc., Tokuyama Corporation, Merck KGaA, Nippon Light Metal Co.,Ltd, Precision Ceramics USA, Thrutek Applied Materials Co. Ltd., Ottokemi, H.C. Starck Tungsten GmbH, and SIENNA TECH and others


Aluminum Nitride Market Highlights


The global aluminum nitride market is accounted to register a CAGR of 3.20% during the forecast period and is estimated to reach USD 0.192 Billion by 2032.


The aluminum nitride market is witnessing growth due to its unique properties like high thermal conductivity and electrical insulation. These attributes make it valuable in applications like electronics, semiconductors, and LEDs, driving its demand in various industries.


Segment Analysis


The global aluminum nitride market has been segmented based type, grade, method and application.


On the basis of type, the market is segmented into low purity and high purity. The high purity segment dominated the market in 2022. The semiconductor industry is the main driver of high-purity aluminum nitride technology. High-purity aluminum nitride is used to create the substrates for gallium nitride (GaN) semiconductor devices.   


Based on grade, the global aluminum nitride market has been segmented into technical grade and analytical grade. The technical grade category generated the most income in 2022. To avoid overheating and guarantee the greatest performance from increasingly small and powerful electrical devices, effective thermal management is essential.


Based on method, the global aluminum nitride market has been segmented into carbothermal reduction method, nitridation method and direct nitridation method. The carbothermal reduction Method segment dominated the market in 2022. The low-cost production of aluminum nitride via the carbothermal reduction method is well known. In this process, carbon (C) and aluminum oxide (Al2O3) react at high temperatures, frequently with a lot of nitrogen present.


Based on application, the global aluminum nitride market has been segmented into micro electronics, naval radio, power electronics, defence, aeronautical system, automotive, emission control, others. The micro electronics segment dominated the market in 2022. Microelectronic components like integrated circuits (ICs) and microprocessors generate a lot of heat while they are in use. Effective heat control is necessary for these devices to be reliable and durable.


Regional Analysis


The global aluminum nitride market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe aluminum nitride market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The aluminum nitride market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World aluminum nitride market comprises of Middle East, Africa, and Latin America.


The North America aluminum nitride market dominated this market in 2022 (45.80%). Intel is a leader in AI and data center technologies. High-performance computing solutions are required more and more as data center infrastructure grows. Aluminum nitride's contribution to temperature regulation is essential for these data centers to continue operating reliably. The demand for aluminum nitride in the region's advanced electronics market is primarily fueled by the ongoing innovation and growth of businesses like Intel in North America.


Moreover, the second-largest market share for aluminum nitride is in Europe. Europe has a significant role in the global car industry, focusing on the promotion of EVs and the reduction of emissions. This modification has increased the need for EV power electronics components. Power modules for electric vehicles are produced by Infineon Technologies, a German semiconductor manufacturer.


Additionally, the Asia-Pacific aluminum nitride market is expected to grow at the fastest CAGR from 2023 to 2032. Energy efficiency and environmental sustainability are becoming more important in China and other APAC countries, thus businesses like Opple Lighting continue to diversify their portfolio of LED products. The scale of the APAC LED market underscores the critical role that this sector plays in driving up the demand for aluminum nitride, which is mostly due to the region's massive population and expanding urbanization.


Furthermore, the rest of the world's aluminum nitride market is divided into the Middle East, Africa, and Latin America. The Latin American aluminum nitride market is growing due to its application in electronics and semiconductors. With unique properties like high thermal conductivity, it's increasingly used in LEDs and power modules, aligning with the region's tech advancements.


Key Findings of the Study



  • The global aluminum nitride market is expected to reach USD 0.192 Billion by 2032, at a CAGR of 3.20% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market Companies like Opple Lighting continue to diversify their selection of LED products as energy efficiency and environmental sustainability gain importance in China and other APAC nations.

  • Based on method, the carbothermal reduction method segment was attributed to holding the largest market in 2022.

  • KYOCERA Corporation, Morgan Advanced Materials, CeramTec Group, Toyal Europe, TOYO ALUMINIUM K.K, Accumet Materials Co, Surmet Corporation, TOSHIBA MATERIALS CO., LTD., FURUKAWA CO.,LTD., MARUWA Co., Ltd., Toyal America, Inc., Tokuyama Corporation, Merck KGaA, Nippon Light Metal Co.,Ltd, Precision Ceramics USA, Thrutek Applied Materials Co. Ltd., Ottokemi, H.C. Starck Tungsten GmbH, and SIENNA TECH and others.


Read More about this Report: Aluminum Nitride Market Size

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Companies Covered 15
Pages 128
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.