Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Silicon Carbide Mechanical Seal Rings Market by Type (Direct Sintered Silicon Carbide, Reaction Bonded Silicon Carbide, Hot Pressing Silicon Carbide, CVD Silicon Carbide, Others), By Application (Power Plant, Chemical, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Silicon Carbide Mechanical Seal Rings Market by Type (Direct Sintered Silicon Carbide, Reaction Bonded Silicon Carbide, Hot Pressing Silicon Carbide, CVD Silicon Carbide, Others), By Application (Power Plant, Chemical, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 369508 4200 Chemical & Material 377 122 Pages 4.8 (50)
                                          

Market Overview:


The global silicon carbide mechanical seal rings market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for silicon carbide mechanical seal rings in various applications, such as power plants, chemical processing, and others. In addition, the growing demand for silicon carbide mechanical seal rings from developing countries is also contributing to the growth of this market.


Global Silicon Carbide Mechanical Seal Rings Industry Outlook


Product Definition:


Silicon Carbide Mechanical Seal Rings are used in a variety of mechanical seal applications. Their importance is that they can handle high temperatures and corrosive environments.


Direct Sintered Silicon Carbide:


Direct sintered silicon carbide is a material that has high thermal conductivity, low density and is also resistant to mechanical stress. It has the potential of being used as a substitute for silicon in mechanical seal rings. The material was first developed by researchers at North Carolina University in the U.S.


Reaction Bonded Silicon Carbide:


Silicon carbide mechanical seal rings are used in applications where high temperature and pressure resistance is required. Silicon carbide mechanical seal rings have a wide range of applications including chemical processing, petrochemical plants, power generation industries and refineries among others. The silicon-based material has gained significant importance on account of its superior properties such as high thermal conductivity coupled with low heat transfer coefficient which makes it an ideal material for use in the manufacturing process.


Application Insights:


Power plant was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Silicon carbide mechanical seal rings are used in power plants, chemical, petrochemical and other industries for sealing vacuum and pressure vessels. The product provides thermal stability along with high corrosion resistance which helps extend the life of equipment. Silicon carbide mechanical seal rings have low friction compared to steel counterparts which reduces wear & tear of machinery components thereby increasing their lifespan. These factors are anticipated to drive demand from power plant applications over the coming years.


Chemical manufacturing accounted for a share of 15% by revenue in 2017 owing to growing use of silicon carbide mechanical seal rings across various industries including pharmaceuticals, food & beverage processing, pulp & paper mills among others where precision accuracy is required from time to time during production processes such as fermentation tanks cooling loops heat exchangers distillation columns etc.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region, owing to the rising demand for power generation and chemical processing. The regional market is anticipated to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed primarily to China, which accounted for more than 50% of the Asia Pacific market in 2017.


In North America, U.S.


Growth Factors:


  • Increasing demand from the end-use industries
  • Growing popularity of silicon carbide mechanical seal rings in Asia Pacific region
  • Rising adoption of silicon carbide mechanical seal rings across various applications
  • Technological advancements in the manufacturing process of silicon carbide mechanical seal rings
  • Growing investments by key players to expand their production capacities

Scope Of The Report

Report Attributes

Report Details

Report Title

Silicon Carbide Mechanical Seal Rings Market Research Report

By Type

Direct Sintered Silicon Carbide, Reaction Bonded Silicon Carbide, Hot Pressing Silicon Carbide, CVD Silicon Carbide, Others

By Application

Power Plant, Chemical, Others

By Companies

Saint Gobain, M, Ceramtec, Kyocera, CoorsTek, IPS Ceramics, ASUZAC, Chair Man Advanced Ceramics, Ortech, Fraunhofer IKTS, Jinhong New Material, Mingliang Fine Ceramics, Zhida Special Ceramics, CYCO, Fenghua Yingtai, Qianglian Fine Ceramics

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

122

Number of Tables & Figures

86

Customization Available

Yes, the report can be customized as per your need.


Global Silicon Carbide Mechanical Seal Rings Market Report Segments:

The global Silicon Carbide Mechanical Seal Rings market is segmented on the basis of:

Types

Direct Sintered Silicon Carbide, Reaction Bonded Silicon Carbide, Hot Pressing Silicon Carbide, CVD Silicon Carbide, Others

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

Power Plant, Chemical, 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:

  1. Saint Gobain
  2. M
  3. Ceramtec
  4. Kyocera
  5. CoorsTek
  6. IPS Ceramics
  7. ASUZAC
  8. Chair Man Advanced Ceramics
  9. Ortech
  10. Fraunhofer IKTS
  11. Jinhong New Material
  12. Mingliang Fine Ceramics
  13. Zhida Special Ceramics
  14. CYCO
  15. Fenghua Yingtai
  16. Qianglian Fine Ceramics

Global Silicon Carbide Mechanical Seal Rings Market Overview


Highlights of The Silicon Carbide Mechanical Seal Rings Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Direct Sintered Silicon Carbide
    2. Reaction Bonded Silicon Carbide
    3. Hot Pressing Silicon Carbide
    4. CVD Silicon Carbide
    5. Others
  1. By Application:

    1. Power Plant
    2. Chemical
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Silicon Carbide Mechanical Seal Rings 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

Global Silicon Carbide Mechanical Seal Rings Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Silicon Carbide Mechanical Seal Rings are a type of seal ring that is made from silicon carbide. Silicon carbide is a very hard and brittle material, which makes it an excellent choice for seal rings because it can withstand high pressures and temperatures. Silicon Carbide Mechanical Seal Rings are often used in oil and gas production facilities to prevent leaks.

Some of the key players operating in the silicon carbide mechanical seal rings market are Saint Gobain, M, Ceramtec, Kyocera, CoorsTek, IPS Ceramics, ASUZAC, Chair Man Advanced Ceramics, Ortech, Fraunhofer IKTS, Jinhong New Material, Mingliang Fine Ceramics, Zhida Special Ceramics, CYCO, Fenghua Yingtai, Qianglian Fine Ceramics.

The silicon carbide mechanical seal rings market is expected to register a CAGR of 6.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicon Carbide Mechanical Seal Rings 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 Mechanical Seal Rings Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Silicon Carbide Mechanical Seal Rings 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 Mechanical Seal Rings 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 Mechanical Seal Rings Market Size & Forecast, 2020-2028       4.5.1 Silicon Carbide Mechanical Seal Rings Market Size and Y-o-Y Growth       4.5.2 Silicon Carbide Mechanical Seal Rings 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 Direct Sintered Silicon Carbide
      5.2.2 Reaction Bonded Silicon Carbide
      5.2.3 Hot Pressing Silicon Carbide
      5.2.4 CVD Silicon Carbide
      5.2.5 Others
   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 Power Plant
      6.2.2 Chemical
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Silicon Carbide Mechanical Seal Rings 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 Mechanical Seal Rings 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 Direct Sintered Silicon Carbide
      9.6.2 Reaction Bonded Silicon Carbide
      9.6.3 Hot Pressing Silicon Carbide
      9.6.4 CVD Silicon Carbide
      9.6.5 Others
   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 Power Plant
      9.10.2 Chemical
      9.10.3 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 Direct Sintered Silicon Carbide
      10.6.2 Reaction Bonded Silicon Carbide
      10.6.3 Hot Pressing Silicon Carbide
      10.6.4 CVD Silicon Carbide
      10.6.5 Others
   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 Power Plant
      10.10.2 Chemical
      10.10.3 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 Direct Sintered Silicon Carbide
      11.6.2 Reaction Bonded Silicon Carbide
      11.6.3 Hot Pressing Silicon Carbide
      11.6.4 CVD Silicon Carbide
      11.6.5 Others
   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 Power Plant
      11.10.2 Chemical
      11.10.3 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 Direct Sintered Silicon Carbide
      12.6.2 Reaction Bonded Silicon Carbide
      12.6.3 Hot Pressing Silicon Carbide
      12.6.4 CVD Silicon Carbide
      12.6.5 Others
   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 Power Plant
      12.10.2 Chemical
      12.10.3 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 Direct Sintered Silicon Carbide
      13.6.2 Reaction Bonded Silicon Carbide
      13.6.3 Hot Pressing Silicon Carbide
      13.6.4 CVD Silicon Carbide
      13.6.5 Others
   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 Power Plant
      13.10.2 Chemical
      13.10.3 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 Mechanical Seal Rings Market: Competitive Dashboard
   14.2 Global Silicon Carbide Mechanical Seal Rings Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Saint Gobain
      14.3.2 M
      14.3.3 Ceramtec
      14.3.4 Kyocera
      14.3.5 CoorsTek
      14.3.6 IPS Ceramics
      14.3.7 ASUZAC
      14.3.8 Chair Man Advanced Ceramics
      14.3.9 Ortech
      14.3.10 Fraunhofer IKTS
      14.3.11 Jinhong New Material
      14.3.12 Mingliang Fine Ceramics
      14.3.13 Zhida Special Ceramics
      14.3.14 CYCO
      14.3.15 Fenghua Yingtai
      14.3.16 Qianglian Fine Ceramics

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