Market Overview:
The global silicon carbide (SiC)-SP market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for silicon carbide (SiC) in various applications, such as wood, metal, varnishing and others. In addition, the growing demand for semiconductor devices is also contributing to the growth of this market. Asia Pacific is expected to be the fastest-growing region during the forecast period.
Product Definition:
Silicon Carbide (SiC)-SP is a synthetic mineral that is used as an abrasive.
Technical Type:
Technical type is a key term used in the semiconductor industry which refers to different types of silicon carbide (SiC) wafers depending on their applications.
In the semiconductor industry, there are basically two processes involved in manufacturing integrated circuits (IC), one is called conventional process and other is called technical process. Conventional process involves germanium, silicon and selenium while technical process involves single-crystal silicon carbide or polycrystalline diamond material.
Idustrial Type:
Industrial type is a term used to define the production process of any specific high-purity silicon carbide (SiC) product. It includes both in-house and contract manufacturing processes. The industrial types are classified into three categories on the basis of their output, namely standard, premium and super premium grades.
Silicon carbide has been gaining prominence as an alternative for materials such as tungsten.
Application Insights:
The wood application segment led the global Silicon Carbide-SP market in 2017. The product is widely used for manufacturing wooden products, such as tool handles and doorknobs, which are used in numerous applications including construction and carpentry. In addition, it is also utilized for manufacturing plywood sub-products that are further utilized in various end-use industries including automotive and packaging.
SiC discs exhibit properties such as high strength against compression; good resistance to humidity; low expansion rate when exposed to temperature changes; excellent abrasion & wear resistance along with being non-corrosive by nature makes them an ideal material for use in door panels of armored vehicles owing to their superior characteristics over steel alloys currently used worldwide.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030 owing to rapid industrialization, low-cost production, high population density, and availability of raw material. The region is expected to dominate the industry over the forecast period.
China is one of the major producers as well as consumers of Silicon Carbide in this region due to presence of large number SiC reserves which are mined by Chinese companies such as Hebei Xingang Group Co., Ltd., Shandong Luyuan Metals Corporation Limited (SFLM), China Hengdian Silicon Carbide Co., Ltd. (HDSSC) for domestic consumption followed by exports mainly to Japan and U.S.
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for high-performance, energy-efficient devices is expected to drive the growth of the SiC-SP market.
- Rising demand for SiC substrates from LED lighting manufacturers is also anticipated to boost the market growth.
- Growing popularity of electric vehicles (EVs) is projected to create lucrative opportunities for SiC-SP market players in the near future.
- Rapid expansion of data centers across the globe is likely to propel adoption of SiC power devices, thereby propelling market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Carbide (SiC)-SP Market Research Report
By Type
Technical Type, Idustrial Type
By Application
Wood, Metal, Varnishing, Others
By Companies
Saint-Gobain, Klingspor, 3M, Mirka, Hermes, SIA, Ekamant, Nihon Kenshi, Gator, Sankyo-Rikagaku, Deerfos, Keystone, Carborundum Universal, Uneeda, Kovax, Awuko, Tung Jinn, TOA-Sankyo, Malani, Taiyo Kenmazai, Dongguan Golden Sun, Luxin High-tech, Fengmang Group, Hubei Yuli, Changzhou Kingcattle, Shandong Boss Abrasive, Guangdong Little Sun, Hubei Pagoda Abrasive, Guangdong Shunhui, Huizhou Ruifeng Abrasive
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Carbide (SiC)-SP Market Report Segments:
The global Silicon Carbide (SiC)-SP market is segmented on the basis of:
Types
Technical Type, Idustrial Type
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
Wood, Metal, Varnishing, 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:
- Saint-Gobain
- Klingspor
- 3M
- Mirka
- Hermes
- SIA
- Ekamant
- Nihon Kenshi
- Gator
- Sankyo-Rikagaku
- Deerfos
- Keystone
- Carborundum Universal
- Uneeda
- Kovax
- Awuko
- Tung Jinn
- TOA-Sankyo
- Malani
- Taiyo Kenmazai
- Dongguan Golden Sun
- Luxin High-tech
- Fengmang Group
- Hubei Yuli
- Changzhou Kingcattle
- Shandong Boss Abrasive
- Guangdong Little Sun
- Hubei Pagoda Abrasive
- Guangdong Shunhui
- Huizhou Ruifeng Abrasive
Highlights of The Silicon Carbide (SiC)-SP 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:
- Technical Type
- Idustrial Type
- By Application:
- Wood
- Metal
- Varnishing
- 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 (SiC)-SP 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
- Market Entry Strategies
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- Consumer Insights
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- 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-SP is a new type of semiconductor material that has the potential to revolutionize the way electronics are designed and manufactured. Silicon Carbide-SP can be used in place of traditional silicon materials in devices such as microchips, solar cells, and LED lights.
Some of the major companies in the silicon carbide (sic)-sp market are Saint-Gobain, Klingspor, 3M, Mirka, Hermes, SIA, Ekamant, Nihon Kenshi, Gator, Sankyo-Rikagaku, Deerfos, Keystone, Carborundum Universal, Uneeda, Kovax, Awuko, Tung Jinn, TOA-Sankyo, Malani, Taiyo Kenmazai, Dongguan Golden Sun, Luxin High-tech, Fengmang Group, Hubei Yuli, Changzhou Kingcattle, Shandong Boss Abrasive, Guangdong Little Sun, Hubei Pagoda Abrasive, Guangdong Shunhui, Huizhou Ruifeng Abrasive.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Market - Supply Chain
4.5. Global Silicon Carbide (SiC)-SP Market Forecast
4.5.1. Silicon Carbide (SiC)-SP Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Carbide (SiC)-SP Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Carbide (SiC)-SP Market Absolute $ Opportunity
5. Global Silicon Carbide (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Type
5.3.1. Technical Type
5.3.2. Idustrial Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Carbide (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Application
6.3.1. Wood
6.3.2. Metal
6.3.3. Varnishing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Demand Share Forecast, 2019-2026
9. North America Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Application
9.4.1. Wood
9.4.2. Metal
9.4.3. Varnishing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Carbide (SiC)-SP Market Size and Volume Forecast by Type
9.7.1. Technical Type
9.7.2. Idustrial Type
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 (SiC)-SP Demand Share Forecast, 2019-2026
10. Latin America Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Application
10.4.1. Wood
10.4.2. Metal
10.4.3. Varnishing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Carbide (SiC)-SP Market Size and Volume Forecast by Type
10.7.1. Technical Type
10.7.2. Idustrial Type
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 (SiC)-SP Demand Share Forecast, 2019-2026
11. Europe Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Application
11.4.1. Wood
11.4.2. Metal
11.4.3. Varnishing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Carbide (SiC)-SP Market Size and Volume Forecast by Type
11.7.1. Technical Type
11.7.2. Idustrial Type
11.8. Basis Point Share (BPS) Analysi 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 (SiC)-SP Demand Share, 2019-2026
12. Asia Pacific Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Application
12.4.1. Wood
12.4.2. Metal
12.4.3. Varnishing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Carbide (SiC)-SP Market Size and Volume Forecast by Type
12.7.1. Technical Type
12.7.2. Idustrial Type
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 (SiC)-SP Demand Share, 2019-2026
13. Middle East & Africa Silicon Carbide (SiC)-SP 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 (SiC)-SP 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 (SiC)-SP Market Size and Volume Forecast by Application
13.4.1. Wood
13.4.2. Metal
13.4.3. Varnishing
13.4.4. Others
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 (SiC)-SP Market Size and Volume Forecast by Type
13.7.1. Technical Type
13.7.2. Idustrial Type
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 (SiC)-SP Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicon Carbide (SiC)-SP Market: Market Share Analysis
14.2. Silicon Carbide (SiC)-SP Distributors and Customers
14.3. Silicon Carbide (SiC)-SP Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Saint-Gobain
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Klingspor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. 3M
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mirka
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hermes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SIA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ekamant
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nihon Kenshi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gator
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sankyo-Rikagaku
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Deerfos
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Keystone
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Carborundum Universal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Uneeda
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kovax
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Awuko
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Tung Jinn
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. TOA-Sankyo
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Malani
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Taiyo Kenmazai
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook