The global silicon carbide market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for silicon carbide in various industries such as automotive industry, electronic industry, abrasive industry, refractory industry and ceramic industry. Silicon carbide is used in these industries due to its high thermal conductivity and high melting point which makes it an ideal material for use in these applications. The global silicon carbide market by type is segmented into 3SiC, 4SiC and 6SiC. The 3SiC segment accounted for the largest share of the global silicon carbide market in 2017 owing to its low cost and availability of raw materials required for production such as silica sand or quartzite sand which are abundantly available across different regions globally. However, with increasing demand from various end-use industries such as automotive sector and electronics sector coupled with growing awareness about environmental issues related to mining activities; there has been a shift towards 4SiC segment which has higher purity levels than 3SiC segment but requires more expensive raw materials like boron nitride or boron oxide that are not easily available across different regions globally. Silicon carbide is a semiconductor material that has been used in the production of integrated circuits and other electronic devices. Silicon carbide is also used in the production of abrasives, cutting tools, and wear-resistant materials.
Industry Growth Insights published a new data on “Silicon Carbide Market”. The research report is titled “Silicon Carbide Market research by Types (3C-SiC, 4H-SiC, 6H-SiC), By Applications (Automotive IIndustry, Electronic Industry, Abrasive Industry, Refractory Industry, Ceramic Industry, Other), By Players/Companies Evonik Industries, Waker Chemie, BASF, UBE Industries, Sinoyqx, Rogers, Dow Coning, Saint-Gobain, Ningxia Tianjing, Sinosi, Lanzhou Heqiao, Tianzhu Yutong, Foshan RISING Technology, Futong Industry, Cumi Murugappa, Elsid”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Carbide Market Research Report
By Type
3C-SiC, 4H-SiC, 6H-SiC
By Application
Automotive IIndustry, Electronic Industry, Abrasive Industry, Refractory Industry, Ceramic Industry, Other
By Companies
Evonik Industries, Waker Chemie, BASF, UBE Industries, Sinoyqx, Rogers, Dow Coning, Saint-Gobain, Ningxia Tianjing, Sinosi, Lanzhou Heqiao, Tianzhu Yutong, Foshan RISING Technology, Futong Industry, Cumi Murugappa, Elsid
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Carbide Market Report Segments:
The global Silicon Carbide market is segmented on the basis of:
Types
3C-SiC, 4H-SiC, 6H-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
Automotive IIndustry, Electronic Industry, Abrasive Industry, Refractory Industry, Ceramic Industry, Other
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:
- Evonik Industries
- Waker Chemie
- BASF
- UBE Industries
- Sinoyqx
- Rogers
- Dow Coning
- Saint-Gobain
- Ningxia Tianjing
- Sinosi
- Lanzhou Heqiao
- Tianzhu Yutong
- Foshan RISING Technology
- Futong Industry
- Cumi Murugappa
- Elsid
Highlights of The 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:
- 3C-SiC
- 4H-SiC
- 6H-SiC
- By Application:
- Automotive IIndustry
- Electronic Industry
- Abrasive Industry
- Refractory Industry
- Ceramic Industry
- Other
- 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 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.
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- Correctly Positioning New Products
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- Product & Brand 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?
Silicon Carbide is a crystalline material composed of silicon and carbon. Silicon Carbide is used in the production of semiconductors, solar energy cells, and other electronic devices.
Some of the key players operating in the silicon carbide market are Evonik Industries, Waker Chemie, BASF, UBE Industries, Sinoyqx, Rogers, Dow Coning, Saint-Gobain, Ningxia Tianjing, Sinosi, Lanzhou Heqiao, Tianzhu Yutong, Foshan RISING Technology, Futong Industry, Cumi Murugappa, Elsid.
The silicon carbide market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Carbide Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Silicon Carbide Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicon Carbide Market - Supply Chain
4.5. Global Silicon Carbide Market Forecast
4.5.1. Silicon Carbide Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Carbide Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Carbide Market Absolute $ Opportunity
5. Global Silicon Carbide Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Silicon Carbide Market Size and Volume Forecast by Type
5.3.1. 3C-SiC
5.3.2. 4H-SiC
5.3.3. 6H-SiC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Carbide Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Silicon Carbide Market Size and Volume Forecast by Application
6.3.1. Automotive IIndustry
6.3.2. Electronic Industry
6.3.3. Abrasive Industry
6.3.4. Refractory Industry
6.3.5. Ceramic Industry
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Carbide Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Silicon Carbide Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Silicon Carbide Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Silicon Carbide Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Silicon Carbide Demand Share Forecast, 2019-2029
9. North America Silicon Carbide Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Silicon Carbide Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Silicon Carbide Market Size and Volume Forecast by Application
9.4.1. Automotive IIndustry
9.4.2. Electronic Industry
9.4.3. Abrasive Industry
9.4.4. Refractory Industry
9.4.5. Ceramic Industry
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Carbide Market Size and Volume Forecast by Type
9.7.1. 3C-SiC
9.7.2. 4H-SiC
9.7.3. 6H-SiC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Silicon Carbide Demand Share Forecast, 2019-2029
10. Latin America Silicon Carbide Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Silicon Carbide Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Silicon Carbide Market Size and Volume Forecast by Application
10.4.1. Automotive IIndustry
10.4.2. Electronic Industry
10.4.3. Abrasive Industry
10.4.4. Refractory Industry
10.4.5. Ceramic Industry
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Carbide Market Size and Volume Forecast by Type
10.7.1. 3C-SiC
10.7.2. 4H-SiC
10.7.3. 6H-SiC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Silicon Carbide Demand Share Forecast, 2019-2029
11. Europe Silicon Carbide Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Silicon Carbide Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Silicon Carbide Market Size and Volume Forecast by Application
11.4.1. Automotive IIndustry
11.4.2. Electronic Industry
11.4.3. Abrasive Industry
11.4.4. Refractory Industry
11.4.5. Ceramic Industry
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Carbide Market Size and Volume Forecast by Type
11.7.1. 3C-SiC
11.7.2. 4H-SiC
11.7.3. 6H-SiC
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Silicon Carbide Demand Share, 2019-2029
12. Asia Pacific Silicon Carbide Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Silicon Carbide Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Silicon Carbide Market Size and Volume Forecast by Application
12.4.1. Automotive IIndustry
12.4.2. Electronic Industry
12.4.3. Abrasive Industry
12.4.4. Refractory Industry
12.4.5. Ceramic Industry
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Carbide Market Size and Volume Forecast by Type
12.7.1. 3C-SiC
12.7.2. 4H-SiC
12.7.3. 6H-SiC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Silicon Carbide Demand Share, 2019-2029
13. Middle East & Africa Silicon Carbide Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Silicon Carbide Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Silicon Carbide Market Size and Volume Forecast by Application
13.4.1. Automotive IIndustry
13.4.2. Electronic Industry
13.4.3. Abrasive Industry
13.4.4. Refractory Industry
13.4.5. Ceramic Industry
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicon Carbide Market Size and Volume Forecast by Type
13.7.1. 3C-SiC
13.7.2. 4H-SiC
13.7.3. 6H-SiC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Silicon Carbide Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Silicon Carbide Market: Market Share Analysis
14.2. Silicon Carbide Distributors and Customers
14.3. Silicon Carbide Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Evonik Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Waker Chemie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. UBE Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sinoyqx
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rogers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dow Coning
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Saint-Gobain
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ningxia Tianjing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sinosi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lanzhou Heqiao
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tianzhu Yutong
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Foshan RISING Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Futong Industry
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Cumi Murugappa
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Elsid
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook