Market Research Logo

Silicon Carbide (SiC) Market Size, Share & Trends Analysis Report By Product (Black SiC, Green SiC), By End Use (Steel & Energy, Automotive, Aerospace & Aviation), And Segment Forecasts, 2012 - 2020

Silicon Carbide (SiC) Market Size, Share & Trends Analysis Report By Product (Black SiC, Green SiC), By End Use (Steel & Energy, Automotive, Aerospace & Aviation), And Segment Forecasts, 2012 - 2020

The global silicon carbide market size is expected to reach USD 4.48 billion by 2020, according to a new report by Grand View Research, Inc., registering a CAGR of 16.1% during the forecast period. Growing automotive, semiconductor, and aerospace industries are key drivers for market growth.

Increasing use of silicon carbide (SiC) in military applications is expected to boost demand over the forecast period. Regulatory amendments such as the U.S. Defense Protection Act for advancement and establishment of SiC for use in military operations will also benefit the market. In addition, increasing use of carbon fiber reinforced silicon carbide in disc brakes is expected to propel its demand in the automotive sector.

The European Commission’s announcement of USD 122.1 billion investment for development of semiconductors is expected to facilitate many investors to invest in the manufacturing of semiconductors. Therefore, demand for SiC is expected to grow in semiconductor applications as well.

The Chinese government’s restriction on export of silicon as a raw material is expected to tighten the supply of silicon as a raw material for the manufacturing of silicon carbide in other countries. This tightened supply is expected to be compensated by surging domestic production of silicon in various countries such as U.S., France, Norway, and Brazil. Domestic availability of raw material in these countries is expected to ensure continuous supply of silicon for production of SiC.

Silicon carbide is used as a raw material for refractories on account of its high temperature resistance. These refractory materials are used in linings of furnaces, kilns, furnaces, and reactors, which cater to numerous industries such as aluminum, steel, cast iron, and metal. Surging demand from the metal and cement industry is expected to drive the market.

Further key findings from the report suggest:

  • In terms of revenue, the black silicon carbide segment is anticipated to reach USD 2.56 billion by 2020. Green silicon, on the other hand, is projected to expand at a CAGR of 16.0% over the forecast period
  • Steel and energy dominated the global silicon carbide market in terms of application, with a global share of 23.6% in 2013
  • The North America SiC market is anticipated to exceed 290.2 kilo tons by 2020, Asia Pacific, especially India and China, is also expected to witness remarkable growth over the forecast period
  • RoW is projected to exhibit a CAGR of 15.8% over the forecast period, owing to rapid developments in the medical and healthcare and automotive sectors
  • Some of the key companies in the market are AGSCO Corporation; Carborundum Universal Ltd.; Dow Chemical Co.; Entegris Inc.; ESD-SIC b.v.; ESK-SIC GmbH; Gaddis Engineered Materials; Grindwell Norton Ltd.; Saint-Gobain Ceramics Materials GmbH; and Snam Abrasives Pvt. Ltd.


Chapter 1 Executive Summary
1.1 Silicon Carbide - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Silicon Carbide Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Silicon Carbide Value Chain Analysis
2.4 Silicon Carbide Market Dynamics
2.4.1 Market driver analysis
2.4.1.1 Growing demand from steel and energy
2.4.1.2 Growing semiconductor and electronics industry
2.4.2 Market restraint analysis
2.4.2.1 Cost issues
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Silicon Carbide - Company Market Share Analysis
2.8 Silicon Carbide - PESTEL Analysis
Chapter 3 Silicon Carbide Product Outlook
3.1 Black Silicon Carbide
3.1.1. Global Silicon carbide demand in black silicon carbide, 2012 - 2020 (Kilo Tons) (USD million)
3.2 Green Silicon Carbide
3.2.1 Global Silicon carbide demand in green silicon carbide, 2012 - 2020 (Kilo Tons) (USD million)
3.3 Others
3.3.1 Global Silicon carbide demand from others, 2012 - 2020 (Kilo Tons) (USD million)
Chapter 4 Silicon Carbide End-Use Outlook
4.1 Steel and Energy
4.1.1. Global demand from steel and energy, 2012 - 2020 (Kilo Tons) (USD million)
4.2 Automotives
4.2.1. Global demand from Automotives, 2012 - 2020 (Kilo Tons) (USD million)
4.3 Aerospace and Aviation
4.3.1. Global demand from aerospace and aviation, 2012 - 2020 (Kilo Tons) (USD million)
4.4 Military and Defense
4.4.1. Global demand from military and defense, 2012 - 2020 (Kilo Tons) (USD million)
4.5 Electronics and Semiconductors
4.5.1. Global demand from electronics and semiconductors, 2012 - 2020 (Kilo Tons) (USD million)
4.6 Medical and Healthcare
4.6.1. Global demand from medical and healthcare, 2012 - 2020 (Kilo Tons) (USD million)
4.7 Others
4.7.1. Global demand from others, 2012 - 2020 (Kilo Tons) (USD million)
Chapter 5 Silicon Carbide Regional Outlook
5.1 North America
5.1.1. Market volume & revenue by Product, 2012 - 2020 (Kilo Tons) (USD million)
5.1.2. Market volume & revenue by End-use, 2012 - 2020 (Kilo Tons) (USD million)
5.2 Europe
5.2.1. Market volume & revenue by Product, 2012 - 2020 (Kilo Tons) (USD million)
5.2.2. Market volume & revenue by End-use, 2012 - 2020 (Kilo Tons) (USD million)
5.3 Asia Pacific
5.3.1. Market volume & revenue by Product, 2012 - 2020 (Kilo Tons) (USD million)
5.3.2. Market volume & revenue by End-use, 2012 - 2020 (Kilo Tons) (USD million)
5.4 RoW
5.4.1 Market volume & revenue by Product, 2012 - 2020 (Kilo Tons) (USD million)
5.4.2 Market volume & revenue by End-use, 2012 - 2020 (Kilo Tons) (USD million)
Chapter 6 Silicon carbide Competitive Landscape
6.1 AGSCO Corporation
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Carborundum Universal Ltd
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Dow Chemical Company
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Entegris Inc
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 ESD-SIC b.v
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 ESK-SIC GmbH
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Gaddis Engineered Materials
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Grindwell Norton Ltd
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Saint-Gobain Ceramics Materials GmbH
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Snam Abrasives Pvt. Ltd
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
Chapter 7 Methodology & Scope
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
List of Tables
1. Silicon Carbide - Industry Summary & Critical Success Factors (CSFs)
2. Global Silicon Carbide market volume andrevenue, 2012 - 2020
3. Silicon Carbide - Key driver analysis
4. Silicon Carbide - Key restraint analysis
5. Global Silicon Carbide demand in Black silicon carbide, (volume & revenue) 2012 - 2020
6. Global Silicon Carbide demand in Black silicon carbide, by region, (volume & revenue) 2012 - 2020
7. Global Silicon Carbide demand in Green silicon carbide, (volume & revenue) 2012 - 2020
8. Global Silicon Carbide demand in Green silicon carbide, by region, (volume & revenue) 2012 - 2020
9. Global Silicon Carbide demand in others, (volume & revenue) 2012 - 2020
10. Global Silicon Carbide demand in others, by region, (volume & revenue) 2012 - 2020
11. Global Silicon Carbide demand from steel and energy, (volume & revenue) 2012 - 2020
12. Global Silicon Carbide demand from steel and energy, by region, (volume & revenue) 2012 - 2020
13. Global Silicon Carbide demand from automotive, (volume & revenue) 2012 - 2020
14. Global Silicon Carbide demand from automotive, by region, (volume & revenue) 2012 - 2020
15. Global Silicon Carbide demand from aerospace and aviation, (volume & revenue) 2012 - 2020
16. Global Silicon Carbide demand from aerospace and aviation, by region, (volume & revenue) 2012 - 2020
17. Global Silicon Carbide demand from military and defense, (volume & revenue) 2012 - 2020
18. Global Silicon Carbide demand from military and defense, by region, (volume & revenue) 2012 - 2020
19. Global Silicon Carbide demand from electronics and semiconductors, (volume & revenue) 2012 - 2020
20. Global Silicon Carbide demand from electronics and semiconductors, by region, (volume & revenue) 2012 - 2020
21. Global Silicon Carbide demand from medical and healthcare, (volume & revenue) 2012 - 2020
22. Global Silicon Carbide demand from medical and healthcare, by region, (volume & revenue) 2012 - 2020
23. Global Silicon Carbide demand from others, (volume & revenue) 2012 - 2020
24. Global Silicon Carbide demand from others, by region, (volume & revenue) 2012 - 2020
25. North America Silicon carbide market volume, by product, 2012 - 2020 (Kilo Tons)
26. North America Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
27. North America Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo Tons)
28. North America Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
29. Europe Silicon carbide market volume, by product, 2012 - 2020 (Kilo Tons)
30. Europe Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
31. Europe Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo Tons)
32. Europe Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
33. Asia Pacific Silicon carbide market volume, by product, 2012 - 2020 (Kilo tons)
34. Asia Pacific Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
35. Asia Pacific Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo tons)
36. Asia Pacific Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
37. RoW Silicon carbide market volume, by product, 2012 - 2020 (Kilo Tons)
38. RoW Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
39. RoW Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo Tons)
40. RoW Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
List of Figures
1. Silicon Carbide market segmentation
2. Global Silicon Carbide market (Volume & Revenue) 2012 - 2020
3. Silicon Carbide - Value chain analysis
4. Silicon Carbide - Market dynamics
5. Silicon Carbide - Company market share analysis, 2013
6. Key opportunities prioritized
7. Industry analysis - Porter's
8. Silicon Carbide PESTEL analysis, 2013
9. Global Silicon Carbide market volume share, by product, 2013& 2020
10. Global Silicon Carbide demand in Black silicon carbide, (volume & revenue) 2012 - 2020
11. Global Silicon Carbide demand in Green silicon carbide, (volume & revenue) 2012 - 2020
12. Global Silicon Carbide demand in others, (volume & revenue) 2012 - 2020
13. Global Silicon Carbide demand from steel and energy, (volume & revenue) 2012 - 2020
14. Global Silicon Carbide demand from automotive, (volume & revenue) 2012 - 2020
15. Global Silicon Carbide demand from aerospace and aviation, (volume & revenue) 2012 - 2020
16. Global Silicon Carbide demand from military and defense, (volume & revenue) 2012 - 2020
17. Global Silicon Carbide demand from electronics and semiconductors, (volume & revenue) 2012 - 2020
18. Global Silicon Carbide demand from medical and healthcare, (volume & revenue) 2012 - 2020
19. Global Silicon Carbide demand from others, (volume & revenue) 2012 - 2020
20. North America Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD million)
21. Europe Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD million)
22. Asia Pacific Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD million)
23. RoW Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons) (USD million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report