Market Overview:
The global SiC & MoSi2 heating elements market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-temperature furnace applications, such as industrial furnaces and laboratory furnaces. In addition, the growing demand for semiconductor devices is also contributing to the growth of this market.
Product Definition:
SiC & MoSi2 Heating Elements are used in a wide variety of industrial and commercial heating applications. They are important because they can heat up quickly and reach very high temperatures, making them ideal for use in ovens and furnaces.
1700°C Grade:
1700°C grade is a high-performance ceramic material that has applications in the heating elements of silicon carbide and moissanite ceramics. It also finds use as an additive to other materials to improve their thermal performance. 1700°C grade offers several advantages over other high-temperature ceramics such as low density, permeability, thermal expansion coefficient and electrical conductivity among others.
1800°C Grade:
1800°C grade is a high-temperature ceramic material that has applications in the production of SiC and MoSi2 heating elements. The 1800°C grade materials are made from silica and molybdenum, which are considered to be among the most stable materials in terms of temperature. These products have a composition range from 99% silex to 1% boron with an average composition of around 98%.
Application Insights:
The industrial furnace application segment led the global siC and moSi2 heating elements market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand from steel manufacturing industry, which is likely to fuel product demand over the next seven years.
In terms of revenue, laboratory furnaces application was valued at USD 1.5 billion in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 due high product usage for melting & casting iron & alloys as well as non-ferrous metals such as aluminum & its alloys across various industries globally including automotive, construction equipment etc., which are majorly based on metal prices that have fueled this market growth till date since 2014-15 when these products were first introduced into this industry globally with an initial investment of USD 4 billion by ArcelorMittal Corporation into its plant in Carajas (Brazil).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for industrial furnaces from various end-use industries, such as metal casting, foundry operations, glass making, ceramic production and smelting. In addition, increasing government investments in infrastructure development are likely to boost demand for heat recovery systems that employ silicon carbide heating elements.
The growing electronics industry has led manufacturers in Asia Pacific countries like China and Japan adopt SiC products owing to their high efficiency at low cost along with superior quality standards as compared to other alternatives used for domestic heating applications such as natural gas or oil based fuels. Moreover SiC products have a long lifetime resulting in savings on replacement costs over time which further boosts their adoption across several end-use industries including electronics manufacturing companies operating within these regions.
Growth Factors:
- Increasing demand for energy-efficient heating elements in various industrial and commercial applications
- Growing popularity of SiC & MoSi2 heating elements due to their superior thermal properties
- Rising investments in research and development activities for the advancement of SiC & MoSi2 heating elements technology
- Increasing demand from end-use industries such as automotive, aerospace, and defense sectors
- Technological advancements that are resulting in the development of more efficient SiC & MoSi2 heating elements
Scope Of The Report
Report Attributes
Report Details
Report Title
SiC & MoSi2 Heating Elements Market Research Report
By Type
1700°C Grade, 1800°C Grade, 1900°C Grade
By Application
Industrial Furnaces, Laboratory Furnaces
By Companies
Kanthal, I Squared R, Henan Songshan, ZIRCAR, Yantai Torch, MHI, SCHUPP, Zhengzhou Chida, Shanghai Caixing
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global SiC & MoSi2 Heating Elements Market Report Segments:
The global SiC & MoSi2 Heating Elements market is segmented on the basis of:
Types
1700°C Grade, 1800°C Grade, 1900°C Grade
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
Industrial Furnaces, Laboratory Furnaces
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:
- Kanthal
- I Squared R
- Henan Songshan
- ZIRCAR
- Yantai Torch
- MHI
- SCHUPP
- Zhengzhou Chida
- Shanghai Caixing
Highlights of The SiC & MoSi2 Heating Elements 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:
- 1700°C Grade
- 1800°C Grade
- 1900°C Grade
- By Application:
- Industrial Furnaces
- Laboratory Furnaces
- 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 SiC & MoSi2 Heating Elements 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
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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?
SiC and MoSi2 heating elements are made of silicon carbide and molybdenum disulfide, respectively. They are often used in high-power applications such as electric vehicles or industrial furnaces because they have a high thermal conductivity. This means that they can transfer heat quickly from one area to another, which is important in applications where you need to keep things hot quickly.
Some of the key players operating in the sic & mosi2 heating elements market are Kanthal, I Squared R, Henan Songshan, ZIRCAR, Yantai Torch, MHI, SCHUPP, Zhengzhou Chida, Shanghai Caixing.
The sic & mosi2 heating elements market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size & Forecast, 2018-2028
4.5.1 SiC & MoSi2 Heating Elements Market Size and Y-o-Y Growth
4.5.2 SiC & MoSi2 Heating Elements Market Absolute $ Opportunity
Chapter 5 Global SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size Forecast by Type
5.2.1 1700°C Grade
5.2.2 1800°C Grade
5.2.3 1900°C Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size Forecast by Applications
6.2.1 Industrial Furnaces
6.2.2 Laboratory Furnaces
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Analysis and Forecast
9.1 Introduction
9.2 North America SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size Forecast by Type
9.6.1 1700°C Grade
9.6.2 1800°C Grade
9.6.3 1900°C Grade
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 SiC & MoSi2 Heating Elements Market Size Forecast by Applications
9.10.1 Industrial Furnaces
9.10.2 Laboratory Furnaces
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 SiC & MoSi2 Heating Elements Analysis and Forecast
10.1 Introduction
10.2 Europe SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size Forecast by Type
10.6.1 1700°C Grade
10.6.2 1800°C Grade
10.6.3 1900°C Grade
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 SiC & MoSi2 Heating Elements Market Size Forecast by Applications
10.10.1 Industrial Furnaces
10.10.2 Laboratory Furnaces
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 SiC & MoSi2 Heating Elements Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size Forecast by Type
11.6.1 1700°C Grade
11.6.2 1800°C Grade
11.6.3 1900°C Grade
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 SiC & MoSi2 Heating Elements Market Size Forecast by Applications
11.10.1 Industrial Furnaces
11.10.2 Laboratory Furnaces
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 SiC & MoSi2 Heating Elements Analysis and Forecast
12.1 Introduction
12.2 Latin America SiC & MoSi2 Heating Elements 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 SiC & MoSi2 Heating Elements Market Size Forecast by Type
12.6.1 1700°C Grade
12.6.2 1800°C Grade
12.6.3 1900°C Grade
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 SiC & MoSi2 Heating Elements Market Size Forecast by Applications
12.10.1 Industrial Furnaces
12.10.2 Laboratory Furnaces
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) SiC & MoSi2 Heating Elements Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) SiC & MoSi2 Heating Elements 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) SiC & MoSi2 Heating Elements Market Size Forecast by Type
13.6.1 1700°C Grade
13.6.2 1800°C Grade
13.6.3 1900°C Grade
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) SiC & MoSi2 Heating Elements Market Size Forecast by Applications
13.10.1 Industrial Furnaces
13.10.2 Laboratory Furnaces
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 SiC & MoSi2 Heating Elements Market: Competitive Dashboard
14.2 Global SiC & MoSi2 Heating Elements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kanthal
14.3.2 I Squared R
14.3.3 Henan Songshan
14.3.4 ZIRCAR
14.3.5 Yantai Torch
14.3.6 MHI
14.3.7 SCHUPP
14.3.8 Zhengzhou Chida
14.3.9 Shanghai Caixing
