Published by Coherent Market Insights
Posted on September 24, 2021
4 min readLast updated: February 2, 2026
The Aluminum Nitride Market is expanding due to rising demand in electronics and electric vehicles, despite COVID-19 impacts. Key players drive growth.
Aluminum Nitride Market Is Growing with the Increasing Number of Eclectic Vehicles Worldwide
The global aluminum nitride market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period (2018-2026), as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Aluminium nitride is a solid nitride of aluminium that has high thermal conductivity and is an electrical insulator. It is an ideal material for thermal management and electrical applications. Aluminum nitride is widely known as a nitride with particularly interesting properties. Thermal conductivity, mechanical strength, and electric insulation are the three well known properties of aluminum nitride which makes its highly favorable in various industries verticals, such as energy, automotive, electronics and electrical, among others.
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Aluminium nitride is widely used in plastics, to improve the thermal conductivity of plastic, and to manufacture optical devices, integrated circuit board, electronic devices, radiator, and high temperature crucible. It is a highly desirable material in specific applications where high electrical insulation, thermal conductivity, and/or mechanical strength is required. Thus, there is an increasing demand for aluminum nitride worldwide.
Competitive Landscape:
Major players operating in the global aluminum nitride market are Tokuyama Corporation, KYOCERA Corporation, American Elements, Goodfellow, CeramTec, H.C. Starck GmbH, Adtech Ceramics Company, TOSHIBA, MARUWA Co. Ltd, Surmet Corporation, and Toyo Aluminium K.K,
Key Market Drivers:
Increasing demand for aluminum nitride across the electrical/electronics industry is expected to propel growth of the aluminum nitride market during the forecast period. For instance, in April 2020, HexaTech Inc. announced the launch of deep-UV transparent 2”-diameter, single-crystal aluminum nitride substrate product line to satisfy the technology needs of its strategic business partners and the actively growing UV-C LED market.
Moreover, increase in demand for aluminum nitride powder for electric vehicles is expected to augment the growth of the aluminum nitride market. For instance, according to International Energy Agency (IEA), sales of electric cars topped 2.1 million worldwide in 2019, surpassing 2018, to boost the stock to 7.2 million electric vehicles. Furthermore, the number of electric vehicles is expected to increase in the coming future, which in turn is expected to increase the demand for aluminum nitride worldwide.
COVID-19 Impact Analysis:
Aluminum nitride is widely used in various end-use industries, such as energy, electronics and electrical, and automotive, among others. But the COVID-19 pandemic has severely impacted these industries. Thus, the demand for aluminum nitride has decreased during the pandemic. However, some industries, such as automotive and electronics and electrical, are recovering faster and are expected to have a positive impact on the growth of the market, as the demand for aluminum nitride is now increasing with a rapid pace.
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Key Takeaways:
Other Related Report:
Aluminum Market, by Product Type (Extrusions, Rolled, Castings, Wire & Cable and Others), by Application (Automotive & Transportation, Construction, Packaging, Electrical & Electronics, Consumer Durables, Others), and by Region (North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle east & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
https://www.coherentmarketinsights.com/market-insight/aluminum-market-3159
The post Aluminum Nitride Market industry rides on high demand, looking at expansions appeared first on Gatorledger.
The main topic is the growth of the Aluminum Nitride Market due to high demand in various industries.
The market is driven by demand in electronics, electric vehicles, and thermal management applications.
COVID-19 initially decreased demand, but recovery is underway in key industries like automotive and electronics.
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