Sialon Market REPORT OVERVIEW
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The global sialon market size was USD 984.1 million in 2021 and is projected to touch of USD 1556.67 million by 2031, exhibiting a CAGR of 4.7% during the forecast period.
Sialon is a specific class of high temperature refractory materials that have high strength and high temperature. They are known for their properties such as thermal shock resistance, high temperature, creep resistance, fracture toughness, and moderate wear resistance. They have extreme corrosion resistance and are used in the chemical industry. It is formed by combining silicon nitride, alumina, alumina nitride, yttrium, and silica. They can be made into different shapes at a very high temperature of 1200 degree centigrade.
The growing demand for sialon from the chemical industry is attributed to its properties. They are also used in the metal industry in non-ferrous molten metals especially aluminum and alloys such as metal feed tubes for burner, aluminum die casting, immersion, injector, and heater tubes for non-ferrous metals. The demand for sialon is also derived from chemical and process industries and oil & gas industries owing to its chemical stability and corrosion and wear resistance properties.
COVID-19 Impact: Restriction on Various Industries to Hamper Market Growth
The effects of the COVID-19 pandemic are already being felt on a global level, the global sialon market was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. With many restrictions in the pandemic, different types of markets were negatively impacted. Restrictions on various industries impacted the demand for various industries such as metal, chemical and process, and advanced ceramics industries. Halt on the operations in various industries affected the demand for sialon simultaneously. It created a gap in supply and demand due to shortage of labor and also affected logistics.
LATEST TRENDS
"Uses of Product in Industrial Wear Applications to Boost Market Progress"
Uses of sialon in industrial wear applications is estimated to expand the growth of the global sialon market. It is used in metal forming tools; It is used due to its low coefficient of friction, lack of adhesion, and hardness. Short blast nozzles; short blazing is a method that is used to clean and prepare surfaces. Milling media; Sialon is used for a range of grinding media for preparation of industrial and analytics. Paper dewatering foils; used during paper manufacturing. Such increasing and new uses in industrial wear are anticipated to drive the market and pose opportunities for the market.
Sialon Market SEGMENTATION
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- By Type
Based on type; the market is divided into A-Sialon, B-Sialon, and others.
- By Application
Based on application; the market is divided into military, aerospace, metallurgical, machinery, and others.
DRIVING FACTORS
"Increasing Demand from Chemicals and Process Industries to Amplify Market Growth"
The global sialon market growth is anticipated to enlarge owing to increasing demand from chemicals and process industries. The demand from chemicals and process industries is owing to the properties of sialon. Their properties such as excellent resistance to chemical corrosion and erosion at high temperatures. Unique physical properties of sialons give them a different advantage. They are used in impellers, they are used for mixing and stirring corrosive chemicals. They are used owing to their benefits such as outstanding chemical stability, excellent wear for resistance, and improved productivity is anticipated to drive the market growth. Such uses of sialons in chemicals and process industries is anticipated to drive the market growth.
"Growing Demand from Metal Industry to Enlarge Product Demand"
Escalating demand for sialon is growing owing to the demand from the metal industry. Leading manufacturers produce three sialon components for molten metal handling. They are widely used in the aluminum industry; thermocouple protection sheaths, level sensors, riser & heater tubes. Durability of sialon components and capacity in aluminum production in the recycling process. Such growing activities in the metal industry are anticipated to fuel the demand in the sialon market.
RESTRAINING FACTORS
"Various Concerns with the Product to Hamper Market Growth"
There are a number of factors that can push the growth of the sialon market. Restraining factors such as high costs, issues with stamping mold, and decreasing ductility. There are also various issues that arise while designing the model. Such factors are anticipated to restrict market growth.
Sialon Market REGIONAL INSIGHTS
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"North America to Lead Market Due to Demand from Various Industries"
North America holds the largest part of the global sialon market due to increasing demand from various industries such as chemicals and process and metal industries. The growth of the region is also attributed to the presence of numerous market players which are propelling the growth in the region. Increasing industrial wear applications in the region is expected to drive product demand. Growing oil & gas industry is also one of the driving factors for increasing product demand. Growing demand for sialon from the U.S. is anticipated to drive the product demand.
KEY INDUSTRY PLAYERS
"Market Players to Boost Market Growth"
The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Hitachi Metals (Japan)
- McDanel (U.S.)
- Ferrotec (Japan)
- Insaco (U.S.)
- AG Materials (Taiwan)
- CeramTec (Germany)
- Syalons (U.K.)
- Shinagawa (Japan)
REPORT COVERAGE
This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 984.1 Million in 2021 |
Market Size Value By |
US$ 1556.67 Million by 2031 |
Growth Rate |
CAGR of 4.7% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the sialon market expected to touch by 2031?
The global sialon market is expected to reach USD 1556.67 million by 2031.
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What CAGR is the sialon market expected to exhibit by 2031?
The sialon market is expected to exhibit a CAGR of 4.9% by 2031.
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Which are the driving factors of the sialon market?
Drivers of this sialon market are increasing demand from chemicals and process industries and growing demand from metal industry.
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Which are the top companies operating in the sialon market?
Hitachi Metals, McDanel, Ferrotec, Insaco, AG materials, CeramTec, Syalons, and Shinagawa are key companies operating in the sialon market.