Market Overview:
The global black silicon carbide (SIC) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The metallurgical grade black SiC segment is expected to account for a major share of the global market in terms of revenue, owing to its increasing demand from various end-use industries such as automotive and aerospace. In terms of volume, the refractory grade black SiC segment is projected to grow at a higher rate than the metallurgical grade black SiC segment during the forecast period. Asia Pacific accounted for a major share of the global SIC market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to factors such as growing industrialization and rising demand from end-use industries in countries such as China and India.
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Product Definition:
A synthetic, high-purity form of silicon carbide (SiC) used as an abrasive. Black silicon carbide is the most commonly used type because it is very hard and has a low coefficient of friction. It is especially suited for grinding metals and other materials that are difficult to machine.
Metallurgical Grade Black SiC:
Metallurgical grade black silicon carbide is a type of high purity carbon with particle size less than 5 ?m and whose chemical composition is based on the elements of silicon, nitrogen, and carbon. It has superior properties such as high thermal conductivity & heat capacity, low electrical conductivity & resistivity at cryogenic temperatures along with good mechanical strength.
Refractory Grade Black SiC:
Refractory grade black silicon carbide is a type of high-grade refractory material produced by the processing of raw materials such as ceramic and glass. Refractory grade BSC has applications in numerous end-use industries including aerospace, automotive, construction, electrical & electronics and heavy industry among others.
Application Insights:
The demand for the product in metallurgical applications accounted for a volume share of over 80% in 2017. The segment is projected to witness significant growth on account of increasing demand for metal from various end-use industries such as automotive, construction and transportation. In addition, technological advancements coupled with high productivity are expected to further propel the market growth over the forecast period.
Refractory grade black silicon carbide (RGSIC) is used as an alternative to conventional raw materials such as silica gel and alumina that are widely used in refractory products owing to its superior properties including low cost, non-toxic nature and ease of availability. RGSIC has better resistance against abrasion compared with traditional refractories hence replacing them can result in higher profit margins when compared with traditional products. This factor along with growing industrialization levels across developing countries is anticipated to drive the global market growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to increasing demand for high performance materials in various industries, such as aerospace & defense, automotive, electronics & electrical equipment, and others.
The growing manufacturing sector across emerging economies of Asia Pacific including India and China has ledto an increase in production activities that will further drive product demand over the forecast period. In addition, rising investments by governmentsin developing infrastructure are expected to create growth opportunities for SIC manufacturers across this region who would like touse these products due to their superior characteristics compared with conventional ones at lowcosts.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for Black Silicon Carbide (SIC) products for various applications such as cutting, grinding, polishing and lapping.
- Growing demand for Black Silicon Carbide (SIC) abrasives from the automotive industry due to increasing production of automobiles worldwide.
- Rising popularity of Black Silicon Carbide (SIC) products in the medical & dental sector due to their superior properties compared to other materials used in these industries.
- Increasing use of Black Silicon Carbide (SIC) composites in various end-use industries such as aerospace, defense and energy due to their excellent mechanical properties and thermal stability.
Scope Of The Report
Report Attributes
Report Details
Report Title
Black Silicon Carbide (SIC) Market Research Report
By Type
Metallurgical Grade Black SiC, Refractory Grade Black SiC
By Application
Metallurgical, Refractory
By Companies
Fiven, JSC Volzhsky Abrasive Works, Elsid S.A, ESD-SIC, ESK-SIC, Navarro, Sibelco, Lifeng Metal & Mineral Products, Fiven
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Black Silicon Carbide (SIC) Market Report Segments:
The global Black Silicon Carbide (SIC) market is segmented on the basis of:
Types
Metallurgical Grade Black SiC, Refractory Grade Black SiC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgical, Refractory
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fiven
- JSC Volzhsky Abrasive Works
- Elsid S.A
- ESD-SIC
- ESK-SIC
- Navarro
- Sibelco
- Lifeng Metal & Mineral Products
- Fiven
 Market Overview.svg)
Highlights of The Black Silicon Carbide (SIC) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metallurgical Grade Black SiC
- Refractory Grade Black SiC
- By Application:
- Metallurgical
- Refractory
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Black Silicon Carbide (SIC) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Black silicon carbide is a type of carbon that has been treated with a high-temperature process to create an extremely hard and durable material. Black silicon carbide is often used in industrial applications, such as in the manufacturing of cutting tools and other equipment.
Some of the major companies in the black silicon carbide (sic) market are Fiven, JSC Volzhsky Abrasive Works, Elsid S.A, ESD-SIC, ESK-SIC, Navarro, Sibelco, Lifeng Metal & Mineral Products, Fiven.
The black silicon carbide (sic) market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Black Silicon Carbide (SIC) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Black Silicon Carbide (SIC) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Black Silicon Carbide (SIC) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Black Silicon Carbide (SIC) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Black Silicon Carbide (SIC) Market Size & Forecast, 2018-2028
4.5.1 Black Silicon Carbide (SIC) Market Size and Y-o-Y Growth
4.5.2 Black Silicon Carbide (SIC) Market Absolute $ Opportunity
Chapter 5 Global Black Silicon Carbide (SIC) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Black Silicon Carbide (SIC) Market Size Forecast by Type
5.2.1 Metallurgical Grade Black SiC
5.2.2 Refractory Grade Black SiC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Black Silicon Carbide (SIC) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Black Silicon Carbide (SIC) Market Size Forecast by Applications
6.2.1 Metallurgical
6.2.2 Refractory
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Black Silicon Carbide (SIC) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Black Silicon Carbide (SIC) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Black Silicon Carbide (SIC) Analysis and Forecast
9.1 Introduction
9.2 North America Black Silicon Carbide (SIC) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Black Silicon Carbide (SIC) Market Size Forecast by Type
9.6.1 Metallurgical Grade Black SiC
9.6.2 Refractory Grade Black SiC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Black Silicon Carbide (SIC) Market Size Forecast by Applications
9.10.1 Metallurgical
9.10.2 Refractory
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Black Silicon Carbide (SIC) Analysis and Forecast
10.1 Introduction
10.2 Europe Black Silicon Carbide (SIC) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Black Silicon Carbide (SIC) Market Size Forecast by Type
10.6.1 Metallurgical Grade Black SiC
10.6.2 Refractory Grade Black SiC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Black Silicon Carbide (SIC) Market Size Forecast by Applications
10.10.1 Metallurgical
10.10.2 Refractory
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Black Silicon Carbide (SIC) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Black Silicon Carbide (SIC) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Black Silicon Carbide (SIC) Market Size Forecast by Type
11.6.1 Metallurgical Grade Black SiC
11.6.2 Refractory Grade Black SiC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Black Silicon Carbide (SIC) Market Size Forecast by Applications
11.10.1 Metallurgical
11.10.2 Refractory
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Black Silicon Carbide (SIC) Analysis and Forecast
12.1 Introduction
12.2 Latin America Black Silicon Carbide (SIC) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Black Silicon Carbide (SIC) Market Size Forecast by Type
12.6.1 Metallurgical Grade Black SiC
12.6.2 Refractory Grade Black SiC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Black Silicon Carbide (SIC) Market Size Forecast by Applications
12.10.1 Metallurgical
12.10.2 Refractory
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Black Silicon Carbide (SIC) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Black Silicon Carbide (SIC) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Black Silicon Carbide (SIC) Market Size Forecast by Type
13.6.1 Metallurgical Grade Black SiC
13.6.2 Refractory Grade Black SiC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Black Silicon Carbide (SIC) Market Size Forecast by Applications
13.10.1 Metallurgical
13.10.2 Refractory
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Black Silicon Carbide (SIC) Market: Competitive Dashboard
14.2 Global Black Silicon Carbide (SIC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fiven
14.3.2 JSC Volzhsky Abrasive Works
14.3.3 Elsid S.A
14.3.4 ESD-SIC
14.3.5 ESK-SIC
14.3.6 Navarro
14.3.7 Sibelco
14.3.8 Lifeng Metal & Mineral Products
14.3.9 Fiven
