ALUMINUM NITRIDE MARKET ANALYSIS

Aluminum Nitride Market, by Form (Powder, Granules, and Sheet), by End-use Industry (Electronics & Electrical, Automotive, Energy, and Others (Mechanical & Medical)), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Therefore, advantages offered by AlN such as high durability and performance in semiconductors is expected to propel its demand from electronics industry, which in turn is expected to boost the market growth.
However, according to the article, ‘Aluminum Nitride-Based Ceramic Material Fits Power Semiconductor Applications’, published by power electronics in September 2013, the cost of AlN is about 8 times higher than its commonly used alternative such as alumina. Therefore high cost of AlN may hamper AlN market growth.