Reports

Sale

Silicon Carbide Market

Global Silicon Carbide Market Size, Analysis, Forecast: By Product: Black, Green, Others; By Device: Discrete Devices, Bare Die; By End User: Steel, Automotive, Aerospace, Defence and Military, Healthcare, Electrical and Electronics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Silicon Carbide Market Outlook

The global silicon carbide market is projected to grow at a CAGR of 17% between 2024 and 2032.

 

Silicon Carbide Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Growing Crude Steel Production to Augment the Silicon Carbide Industry Growth

Based on end user, the steel segment is expected to account for a significant share in the market. Silicon carbide is utilised as a deoxidising agent in the steel sector and is a major raw material in the production of refractories, which is expected to significantly drive its demand in the steel industry. The thermal conductivity of silicon carbide refractories is five times higher than that of fireclay refractories. With increasing global crude steel output, there is expected to be a rise in demand for refractories, which, in turn, is expected to enhance the silicon carbide industry growth in the near future. Along with the steel sector's increased demand for silicon carbide, the electronics industry, which uses the material to make semiconductors, is also driving the market.

 

Global Silicon Carbide: Market Segmentation

Silicon carbide (SiC) semiconductors' favourable qualities, such as their ability to operate at high temperatures and their benefits over silicon make them ideal for applications in the automotive, aerospace, and defence industries.

 

Global Silicon Carbide Market by Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

By product, the market is divided into:

  • Black
  • Green
  • Others

Based on device, the market is bifurcated into:

  • Discrete Devices
  • Bare Die

Among these, the discrete devices segment is further divided into MOSFET, diode, and module, among others, based on type.

On the basis of end user, the market is segmented into:

  • Steel
  • Automotive
  • Aerospace
  • Defence and Military 
  • Healthcare
  • Electrical and Electronics
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Silicon Carbide Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Increasing Demand for Silicon Carbide Power Modules in Electric Vehicles Bolstering the Silicon Carbide Industry Growth

The rising demand for silicon carbide power modules in electric vehicles is boosting the growth of the silicon carbide industry. The expanding population in the Asia Pacific, together with the adoption of urbanisation, is likely to drive the development of smart cities and smart residences in the forecast period, which, in turn, is expected to enhance the demand for silicon carbide power modules in electric vehicles. China is one of the world's top automakers. In the coming years, it is expected that increased automotive production will stimulate the product demand. Furthermore, the expansion of the SiC semiconductors business is likely to be aided by the strategic initiatives taken by key participants in the semiconductor sector. As the product improves efficiency and decreases form factor in semiconductors and can operate at high temperatures, the rising semiconductor demand is projected to remain a key driving factor.

 

Key Industry Players in the Global Silicon Carbide Market

The report gives a detailed analysis of the following key players in the global silicon carbide market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • AGSCO Corp.
  • Entegris, Inc.
  • ESK-SIC GmbH
  • Grindwell Norton Ltd.
  • Imerys Graphite & Carbon Ltd
  • Xiamen Powerway Advanced Material Co., Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Device
  • End User
  • Region
Breakup by Product
  • Black
  • Green
  • Others
Breakup by Device
  • Discrete Devices
  • Bare Die
Breakup by End User
  • Steel
  • Automotive
  • Aerospace
  • Defence and Military
  • Healthcare
  • Electrical and Electronics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • AGSCO Corp.
  • Entegris, Inc.
  • ESK-SIC GmbH
  • Grindwell Norton Ltd.
  • Imerys Graphite & Carbon Ltd
  • Xiamen Powerway Advanced Material Co., Ltd
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Silicon Carbide Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Silicon Carbide Historical Market (2018-2023) 
    8.3    Global Silicon Carbide Market Forecast (2024-2032)
    8.4    Global Silicon Carbide Market by Product
        8.4.1    Black
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Green
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Silicon Carbide Market by Device
        8.5.1    Discrete Devices
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032) 
            8.5.1.3    Breakup by Type
                8.5.1.3.1    MOSFET
                    8.5.1.3.1.1    Historical Trend (2018-2023)
                    8.5.1.3.1.3    Forecast Trend (2024-2032)
                8.5.1.3.2    Diode
                    8.5.1.3.2.1    Historical Trend (2018-2023)
                    8.5.1.3.2.2    Forecast Trend (2024-2032)
                8.5.1.3.3    Module
                    8.5.1.3.3.1    Historical Trend (2018-2023)
                    8.5.1.3.3.2    Forecast Trend (2024-2032)
                8.5.1.3.4    Others
        8.5.2    Bare Die
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Silicon Carbide Market by End User
        8.6.1    Steel
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Automotive
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Aerospace
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Defence and Military
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Healthcare
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Electrical and Electronics
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Others
    8.7    Global Silicon Carbide Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Silicon Carbide Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Silicon Carbide Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Silicon Carbide Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Silicon Carbide Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Silicon Carbide Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code: 284920)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
    17.1    North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.2    Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.3    Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.4    Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
    17.5    Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    AGSCO Corp.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Entegris, Inc.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    ESK-SIC GmbH
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Grindwell Norton Ltd.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Imerys Graphite & Carbon Ltd
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Xiamen Powerway Advanced Material Co., Ltd
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Others
19    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Silicon Carbide Market: Key Industry Highlights, 2018 and 2032
2.    Global Silicon Carbide Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Silicon Carbide Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Silicon Carbide Historical Market: Breakup by Device (USD Million), 2018-2023
5.    Global Silicon Carbide Market Forecast: Breakup by Device (USD Million), 2024-2032
6.    Global Silicon Carbide Historical Market: Breakup by End User (USD Million), 2018-2023
7.    Global Silicon Carbide Market Forecast: Breakup by End User (USD Million), 2024-2032
8.    Global Silicon Carbide Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Silicon Carbide Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Silicon Carbide Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Silicon Carbide Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Silicon Carbide Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Silicon Carbide Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Silicon Carbide Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Silicon Carbide Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Silicon Carbide Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Silicon Carbide Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Silicon Carbide Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Silicon Carbide Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    North America Historical Price Trends and Forecast 2018-2028
25.    Europe Historical Price Trends and Forecast 2018-2028
26.    Asia Pacific Historical Price Trends and Forecast 2018-2028
27.    Latin America Historical Price Trends and Forecast 2018-2028
28.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
29.    Global Silicon Carbide Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of around 17% between 2024 and 2032.

The expanding population, the increasing automobile production, and the rising demand for semiconductors, refractories, and electronics are the major market drivers.

The key trends fuelling the market development include the growing adoption of electric vehicles and rapid urbanisation.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different silicon carbide products included in the market report are black and green, among others.

The various devices considered in the market report are discrete devices and bare die.

The significant end users of the product are steel, automotive, aerospace, defence and military, healthcare, and electrical and electronics, among others.

The major players in the market are AGSCO Corp., Entegris, Inc., ESK-SIC GmbH, Grindwell Norton Ltd., Imerys Graphite & Carbon Ltd, and Xiamen Powerway Advanced Material Co., Ltd, among others.

Analyst Review

The global silicon carbide market is being driven by the rising demand in electric vehicles, rapid urbanisation, and rising disposable income. Aided by rising semiconductor demand and technological advancements in the automotive industry, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of around 17%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product, the market is divided into black, and green, among others. Based on device, the market is bifurcated into discrete devices and bare die. The discrete devices segment can further be divided into MOSFET, diode, and module¸ among others. On the basis of end user, the market has been segmented into steel, automotive, aerospace, defence and military, healthcare, and electrical and electronics, among others. The major regional markets for silicon carbide are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are AGSCO Corp., Entegris, Inc., ESK-SIC GmbH, Grindwell Norton Ltd., Imerys Graphite & Carbon Ltd, and Xiamen Powerway Advanced Material Co., Ltd, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER