Global Silicon Carbide (SIC) Market Insights, Forecast to 2025
Silicon carbide, occuring in nature as the extremely rare mineral moissanite, is a compound of silicon and carbon with chemical formula SiC.
China, Europe are the major production base of silicon carbide. China keeps its No.1 place in the Global production market. As for consumption, China is the largest consumer undoubtedly. Global consumption volume of silicon carbide was 1670 K MT in 2017, while China consumed about 648 K MT silicon carbide. Europe is the follower of China, whose consumption volume was 325 K MT in 2017.
Compared with its traditional applications, silicon carbide application in electronics industry has been a hot topic in recent years. Silicon carbide (SiC) is a semiconductor material under rapid development for use in power electronic (PE) systems due to its unique material and electronic properties. SiC potentially offers several advantages over conventional silicon (Si) for use in PE devices. Considering this, it is estimated that electronics industry will provide great stimulations for the silicon carbide market in the coming few years.
Global Silicon Carbide (SIC) market size will increase to 2130 Million US$ by 2025, from 1670 Million US$ in 2018, at a CAGR of 3.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Silicon Carbide (SIC).
This report researches the worldwide Silicon Carbide (SIC) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Silicon Carbide (SIC) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Saint-Gobain
Ningxia Tianjing
Lanzhou Heqiao
Tianzhu Yutong
Cumi Murugappa
Elsid S.A
Washington Mills
ESD-SIC
Erdos
Ningxia Jinjing
Elmet
Snam Abrasives
ESK-SIC
Navarro
Pacific Rundum
Zaporozhsky Abrasivny Combinat
Yakushima Denko
Yicheng New Energy
Xinjiang Longhai
Sublime
Silicon Carbide (SIC) Breakdown Data by Type
Black SiC
Green SiC
Silicon Carbide (SIC) Breakdown Data by Application
Metallurgical Industry
Refractory Industry
Abrasive Industry
Ceramic Industry
Others
Silicon Carbide (SIC) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Silicon Carbide (SIC) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Silicon Carbide (SIC) capacity, production, value, consumption, status and forecast;
To focus on the key Silicon Carbide (SIC) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Silicon Carbide (SIC) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
China, Europe are the major production base of silicon carbide. China keeps its No.1 place in the Global production market. As for consumption, China is the largest consumer undoubtedly. Global consumption volume of silicon carbide was 1670 K MT in 2017, while China consumed about 648 K MT silicon carbide. Europe is the follower of China, whose consumption volume was 325 K MT in 2017.
Compared with its traditional applications, silicon carbide application in electronics industry has been a hot topic in recent years. Silicon carbide (SiC) is a semiconductor material under rapid development for use in power electronic (PE) systems due to its unique material and electronic properties. SiC potentially offers several advantages over conventional silicon (Si) for use in PE devices. Considering this, it is estimated that electronics industry will provide great stimulations for the silicon carbide market in the coming few years.
Global Silicon Carbide (SIC) market size will increase to 2130 Million US$ by 2025, from 1670 Million US$ in 2018, at a CAGR of 3.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Silicon Carbide (SIC).
This report researches the worldwide Silicon Carbide (SIC) market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Silicon Carbide (SIC) breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Saint-Gobain
Ningxia Tianjing
Lanzhou Heqiao
Tianzhu Yutong
Cumi Murugappa
Elsid S.A
Washington Mills
ESD-SIC
Erdos
Ningxia Jinjing
Elmet
Snam Abrasives
ESK-SIC
Navarro
Pacific Rundum
Zaporozhsky Abrasivny Combinat
Yakushima Denko
Yicheng New Energy
Xinjiang Longhai
Sublime
Silicon Carbide (SIC) Breakdown Data by Type
Black SiC
Green SiC
Silicon Carbide (SIC) Breakdown Data by Application
Metallurgical Industry
Refractory Industry
Abrasive Industry
Ceramic Industry
Others
Silicon Carbide (SIC) Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Silicon Carbide (SIC) Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Silicon Carbide (SIC) capacity, production, value, consumption, status and forecast;
To focus on the key Silicon Carbide (SIC) manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Silicon Carbide (SIC) :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
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