Market Overview:
The global ultra high purity silicon carbide market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductors, LEDs and other applications from various end-use industries. Some of the major factors that are expected to drive the growth of this market include technological advancements, growing demand for energy-efficient devices and rising awareness about the benefits of using UHP silicon carbide products. However, fluctuations in prices of raw materials used in manufacturing these products may restrain the growth of this market to some extent during the forecast period. On basis on type, semiconductor is anticipated as fastest growing segment with XX% CAGR over next 10 years followed by LED’s with XX% CAGR respectively over same duration owing escalating application across different industry verticals such as automotive electronics, consumer electronics etcetera.
Product Definition:
Ultra high purity silicon carbide is a material made of almost pure silicon and carbon. It is very important in the semiconductor industry, where it is used to make transistors, diodes, and other electronic components.
Semiconductor:
Semiconductor is an electronic component that acts as a switch and can be either positively or negatively charged. It may take the form of a single element, such as a diode, transistor or capacitor; multiple elements connected in series to achieve a certain output voltage; and even groups of elements connected in parallel.
LEDs:
LEDs are light-emitting diodes and they are used in ultra-high purity silicon carbide (UHPSC) market on account of their properties such as small size, low cost, high brightness, long life span and heat resistance. The UHPSC LED market is expected to witness significant growth over the forecast period owing to its wide range of applications in various sectors such as automotive & transportation, consumer electronics & appliances and industrial.
Application Insights:
The global ultra high purity silicon carbide market is segmented on the basis of application into automotive electronics, consumer electronics, and industrial electronics. In 2017, the automotive electronics segment accounted for over 40% of the overall revenue share. The growth can be attributed to growing demand for highly efficient power devices in automobiles that consume low power and produce high output. Moreover, UHPCSC is expected to replace a significant portion of conventional semiconductor materials due to its superior electrical properties including higher thermal conductivity and lower resistivity which are essential for electronic components used in automobiles.
Ultra-high purity silicon carbide (UHPC) based light-emitting diodes (LEDs) offer several advantages such as low self-lightening property; no dark current; no blue shift; little or no crosstalk between neighboring LEDs; good color rendering property when compared with other semiconductors such as gallium nitride.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for over 45% of the overall revenue. The region is expected to continue its dominance over the forecast period owing to rising product demand from key application sectors including automotive electronics, LEDs, consumer electronics and industrial electronics. China is projected to remain a major consumer as well as producer in this region due to presence of numerous silicon carbide foundry customers such as Wuhan Hongxin Electric Co., Ltd., SEGWAY INC., etc.
The UHPC industry in North America is anticipated gain significant traction on account of growing use across several applications including aerospace & defense, medical equipment & devices, oil & gas industries among others.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for ultra high purity silicon carbide is expected to drive the market growth.
- Growing demand for silicon carbide in optical fiber communication is another major factor that would fuel the market growth during the forecast period.
- Rising application of silicon carbide in power generation and automotive industries is also anticipated to propel the market growth over the next few years.
- Increasing research and development activities by various players for developing new applications of ultra high purity silicon carbide is likely to create new opportunities for this market in near future.
- Growing popularity of green technology would further boost up demand for ultra high purity silicon carbide across different end-use industries, thereby propelling its overall growth rate during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra High Purity Silicon Carbide Market Research Report
By Type
Semiconductor, LEDs, Others
By Application
Automotive Electronics, Consumer Electronics, Industrial Electronics
By Companies
Washington Mills, CoorsTek Inc., JJISCO Inc., Pacific Rundum Co., Ltd., American Elements, LG Innotek, Taiheiyo Cement Group, CoorsTek Corporation
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Ultra High Purity Silicon Carbide Market Report Segments:
The global Ultra High Purity Silicon Carbide market is segmented on the basis of:
Types
Semiconductor, LEDs, 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
Automotive Electronics, Consumer Electronics, Industrial Electronics
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:
- Washington Mills
- CoorsTek Inc.
- JJISCO Inc.
- Pacific Rundum Co., Ltd.
- American Elements
- LG Innotek
- Taiheiyo Cement Group
- CoorsTek Corporation
Highlights of The Ultra High Purity Silicon Carbide 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:
- Semiconductor
- LEDs
- Others
- By Application:
- Automotive Electronics
- Consumer Electronics
- Industrial Electronics
- 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 Ultra High Purity Silicon Carbide 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?
Ultra high purity silicon carbide is a material made from pure silicon and carbon. It has a very low impurity level, making it an ideal material for use in electronic devices and other applications where precision is essential.
Some of the major companies in the ultra high purity silicon carbide market are Washington Mills, CoorsTek Inc., JJISCO Inc., Pacific Rundum Co., Ltd., American Elements, LG Innotek, Taiheiyo Cement Group, CoorsTek Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra High Purity Silicon Carbide 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 Ultra High Purity Silicon Carbide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra High Purity Silicon Carbide 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 Ultra High Purity Silicon Carbide 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 Ultra High Purity Silicon Carbide Market Size & Forecast, 2020-2028
4.5.1 Ultra High Purity Silicon Carbide Market Size and Y-o-Y Growth
4.5.2 Ultra High Purity Silicon Carbide 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 Semiconductor
5.2.2 LEDs
5.2.3 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 Automotive Electronics
6.2.2 Consumer Electronics
6.2.3 Industrial Electronics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra High Purity Silicon Carbide 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 Ultra High Purity Silicon Carbide 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 Semiconductor
9.6.2 LEDs
9.6.3 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 Automotive Electronics
9.10.2 Consumer Electronics
9.10.3 Industrial Electronics
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 Semiconductor
10.6.2 LEDs
10.6.3 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 Automotive Electronics
10.10.2 Consumer Electronics
10.10.3 Industrial Electronics
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 Semiconductor
11.6.2 LEDs
11.6.3 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 Automotive Electronics
11.10.2 Consumer Electronics
11.10.3 Industrial Electronics
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 Semiconductor
12.6.2 LEDs
12.6.3 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 Automotive Electronics
12.10.2 Consumer Electronics
12.10.3 Industrial Electronics
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 Semiconductor
13.6.2 LEDs
13.6.3 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 Automotive Electronics
13.10.2 Consumer Electronics
13.10.3 Industrial Electronics
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 Ultra High Purity Silicon Carbide Market: Competitive Dashboard
14.2 Global Ultra High Purity Silicon Carbide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Washington Mills
14.3.2 CoorsTek Inc.
14.3.3 JJISCO Inc.
14.3.4 Pacific Rundum Co., Ltd.
14.3.5 American Elements
14.3.6 LG Innotek
14.3.7 Taiheiyo Cement Group
14.3.8 CoorsTek Corporation
