Aluminium Nitride Market – Industry Analysis and Forecast 2029

Aluminium Nitride Market is expected to reach US$ 160.44 Mn. at a CAGR of 5.3% during the forecast period 2029. Aluminium Nitride Market Overview Manufacturers inclined towards aluminum nitride owing to its outstanding physical properties such as high thermal insulation conductivity and electrical insulation resulted into driving the growth of the market. AIN (Aluminium nitride) is a tetrahedrally coordinated III-V compound having a large bandgap of 6.3ev. Besides, properties such as hardness and resistance to high temperature for opto-devices has made a positive impact on the aluminum nitride market. Aluminum nitride is economical and high-performance material this factor have resulted to build many lucrative opportunities for the market