Market Overview:
The global silicon carbide materials market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for silicon carbide materials in thin film integrated circuits, sensors, semiconductors and other applications. Silicon carbide materials are used in these applications due to their superior properties such as high thermal conductivity, low thermal expansion coefficient and high electrical resistivity. North America is expected to be the largest market for silicon carbide materials during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Silicon carbide (SiC) is a semiconductor material with the chemical formula SiC. It occurs in nature as the extremely rare mineral moissanite. Silicon carbide is used as an abrasive and a cutting tool, and in some high-temperature applications such as electrical insulation and heat-resistant ceramics.
95% Alumina:
Silicon carbide materials are used in numerous applications such as abrasives, cement and glass industries, refractory products and silicon wafers. The growth of these end-use industries is expected to drive the demand for alumina 95% over the forecast period.
97% Alumina:
Silicon carbide materials are used in applications such as abrasives, cement and refractory, electrical insulations, friction and wear resistance. Silicon carbide has a composition of silicon along with carbon and other impurities. 97% alumina is one of the most important silicon-based ceramic material that provides high thermal shock resistance at low temperatures along with excellent abrasive wear properties.
Application Insights:
The others application segment includes construction, aerospace and defense, automotive and transportation. The demand for silicon carbide materials in these applications is projected to witness a CAGR of XX% from 2018 to 2030 owing to its properties such as high strength-to-weight ratio, thermal stability and electrical conductivity which make it suitable for use in cutting edge technologies.
Thin film integrated circuits are expected to emerge as the fastest growing application segment over the forecast period owing to their low cost structure with enhanced performance characteristics that offer better value for money than traditional integrated circuits. Silicon carbide thin film integrated circuit provides higher speed operation at lower power levels than traditional integrated circuits making them highly favorable across all industry verticals including consumer electronics, telecommunication equipment and appliances among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for semiconductors and other electronic products in countries, such as China, India, Japan and South Korea. In addition, rising investments by domestic players in this region are anticipated to drive industry expansion over the coming years.
The product demand in Europe was valued at USD X million in 2017 owing to a rise in applications across various end-use industries including automotive electronics and healthcare monitoring devices. Moreover, growing R&D activities related to Silicon Carbide materials are projected favorably impact industry growth over the next eight years.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for silicon carbide materials is expected to drive the market growth.
- Growing demand for silicon carbide in power generation and automotive industries is also anticipated to fuel the market growth over the forecast period.
- Rising investments in research and development activities for new applications of silicon carbide materials is expected to create opportunities for market players.
- Increasing use of silicon carbide as a substrate material in LED lighting is projected to boost the market growth during the forecast period. 5) Growing popularity of electric vehicles is anticipated to create lucrative opportunities for Silicon Carbide Materials market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Carbide Materials Market Research Report
By Type
95% Alumina, 97% Alumina, 99% Alumina
By Application
Thin Film Integrated Circuits, Sensors, Semiconductors, Others
By Companies
Japan Fine Ceramics Co, MARUWA Co, ASUZAC, LEATEC Fine Ceramics Co, Phonon Meiwa Inc, Chaozhou Three-circle, Timemaker, Xiamen Unipretec Ceramic Technology Co
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Carbide Materials Market Report Segments:
The global Silicon Carbide Materials market is segmented on the basis of:
Types
95% Alumina, 97% Alumina, 99% Alumina
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
Thin Film Integrated Circuits, Sensors, Semiconductors, Others
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:
- Japan Fine Ceramics Co
- MARUWA Co
- ASUZAC
- LEATEC Fine Ceramics Co
- Phonon Meiwa Inc
- Chaozhou Three-circle
- Timemaker
- Xiamen Unipretec Ceramic Technology Co
Highlights of The Silicon Carbide Materials 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:
- 95% Alumina
- 97% Alumina
- 99% Alumina
- By Application:
- Thin Film Integrated Circuits
- Sensors
- Semiconductors
- Others
- 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 Silicon Carbide Materials 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
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?
Silicon Carbide Materials are materials made from silicon and carbon. Silicon Carbide is a very hard material that can be used in many different applications, including electronics, aerospace, and defense.
Some of the key players operating in the silicon carbide materials market are Japan Fine Ceramics Co, MARUWA Co, ASUZAC, LEATEC Fine Ceramics Co, Phonon Meiwa Inc, Chaozhou Three-circle, Timemaker, Xiamen Unipretec Ceramic Technology Co.
The silicon carbide materials market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicon Carbide Materials 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 Silicon Carbide Materials Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silicon Carbide Materials 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 Silicon Carbide Materials 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 Silicon Carbide Materials Market Size & Forecast, 2020-2028
4.5.1 Silicon Carbide Materials Market Size and Y-o-Y Growth
4.5.2 Silicon Carbide Materials Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 95% Alumina
5.2.2 97% Alumina
5.2.3 99% Alumina
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Thin Film Integrated Circuits
6.2.2 Sensors
6.2.3 Semiconductors
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicon Carbide Materials 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 Silicon Carbide Materials 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 95% Alumina
9.6.2 97% Alumina
9.6.3 99% Alumina
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 Market Size Forecast by Applications
9.10.1 Thin Film Integrated Circuits
9.10.2 Sensors
9.10.3 Semiconductors
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 95% Alumina
10.6.2 97% Alumina
10.6.3 99% Alumina
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 Market Size Forecast by Applications
10.10.1 Thin Film Integrated Circuits
10.10.2 Sensors
10.10.3 Semiconductors
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 95% Alumina
11.6.2 97% Alumina
11.6.3 99% Alumina
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 Market Size Forecast by Applications
11.10.1 Thin Film Integrated Circuits
11.10.2 Sensors
11.10.3 Semiconductors
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 95% Alumina
12.6.2 97% Alumina
12.6.3 99% Alumina
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 Market Size Forecast by Applications
12.10.1 Thin Film Integrated Circuits
12.10.2 Sensors
12.10.3 Semiconductors
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 95% Alumina
13.6.2 97% Alumina
13.6.3 99% Alumina
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) Market Size Forecast by Applications
13.10.1 Thin Film Integrated Circuits
13.10.2 Sensors
13.10.3 Semiconductors
13.10.4 Others
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 Silicon Carbide Materials Market: Competitive Dashboard
14.2 Global Silicon Carbide Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Japan Fine Ceramics Co
14.3.2 MARUWA Co
14.3.3 ASUZAC
14.3.4 LEATEC Fine Ceramics Co
14.3.5 Phonon Meiwa Inc
14.3.6 Chaozhou Three-circle
14.3.7 Timemaker
14.3.8 Xiamen Unipretec Ceramic Technology Co
