Silicon carbide, occuring in nature as the extremely rare mineral moissanite, is a compound of silicon and carbon with chemical formula SiC.
China, Europe are the major production base of silicon carbide. China keeps its No.1 place in the Global production market. As for consumption, China is the largest consumer undoubtedly. Global consumption volume of silicon carbide was 1670 K MT in 2017, while China consumed about 648 K MT silicon carbide. Europe is the follower of China, whose consumption volume was 325 K MT in 2017.
Compared with its traditional applications, silicon carbide application in electronics industry has been a hot topic in recent years. Silicon carbide (SiC) is a semiconductor material under rapid development for use in power electronic (PE) systems due to its unique material and electronic properties. SiC potentially offers several advantages over conventional silicon (Si) for use in PE devices. Considering this, it is estimated that electronics industry will provide great stimulations for the silicon carbide market in the coming few years.
According to this study, over the next five years the Silicon Carbide (SIC) market will register a 2.5% CAGR in terms of revenue, the global market size will reach US$ 1940 million by 2024, from US$ 1670 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Silicon Carbide (SIC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide (SIC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Silicon Carbide (SIC) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Black SiC
Green SiC
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metallurgical Industry
Refractory Industry
Abrasive Industry
Ceramic Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Saint-Gobain
Ningxia Tianjing
Lanzhou Heqiao
Tianzhu Yutong
Cumi Murugappa
Elsid S.A
Washington Mills
ESD-SIC
Erdos
Ningxia Jinjing
Elmet
Snam Abrasives
ESK-SIC
Navarro
Pacific Rundum
Zaporozhsky Abrasivny Combinat
Yakushima Denko
Yicheng New Energy
Xinjiang Longhai
Sublime
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Silicon Carbide (SIC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Silicon Carbide (SIC) market by identifying its various subsegments.
Focuses on the key global Silicon Carbide (SIC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Silicon Carbide (SIC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Silicon Carbide (SIC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Silicon Carbide (SIC) . Industry analysis & Market Report on Silicon Carbide (SIC) is a syndicated market report, published as Global Silicon Carbide (SIC) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Silicon Carbide (SIC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.