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Global Silicon Carbide (SiC) Market 2017-2021

Global Silicon Carbide (SiC) Market 2017-2021

About Silicon Carbide (SiC)

Silicon carbide (SiC) contains silicon and carbon in equal proportions. It is available in the nature in the form of moissanite. Bulk productions of SiC are carried out through several synthetic routes. It is one of the toughest materials for high temperature applications. SiC is manufactured industrially by mixing high-purity quartz with carbon (high-quality coke or anthracite) at approximately 2,000°C in an electric resistance furnace.

Technavio’s analysts forecast the global silicon carbide market to grow at a CAGR of 14.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global silicon carbide market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Silicon Carbide (SiC) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AGSCO
  • Carborundum Universal
  • Dow Corning
  • Henan Yicheng New Energy
  • Hongwu International Group
  • KYOCERA
  • Saint-Gobain
Other prominent vendors
  • ASUZAC
  • CeramTec
  • CoorsTek
  • ESD-SIC
  • ESK-SIC
  • Miller and Company
  • Norstel
  • Silicon Carbide Products
  • SNAM Abrasives
  • Xiamen Powerway Advanced Materials
Market driver
  • Growing demand for power electronics
  • For a full, detailed list, view our report
Market challenge
  • Competition from gallium nitride material
  • For a full, detailed list, view our report
Market trend
  • Growing demand from steel and energy industries
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Silicon Carbide (SiC) Market 2017-2021

Technavio recognizes the following companies as the key players in the global silicon carbide market: AGSCO, Carborundum Universal, Dow Corning, Henan Yicheng New Energy, Hongwu International Group, KYOCERA, and Saint-Gobain.

Other Prominent Vendors in the market are: ASUZAC, CeramTec, CoorsTek, ESD-SIC, ESK-SIC, Miller and Company, Norstel, Silicon Carbide Products, SNAM Abrasives, and Xiamen Powerway Advanced Materials.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand from steel and energy industries. The steel and energy industries are the biggest end-users of SiC. Together they consumed 438.3 kilo metric tons of SiC in 2016. A significant rise in the demand for SiC is expected from China and India because of fast-paced infrastructural developments”

According to the report, one driver in the market is growing demand for power electronics. In the power electronics industry, SiC is setting new standards in high-performance electrical conductivity, high thermal conductivity, and power savings. The SiC market in the power electronics industry has widespread application areas ranging from hybrid vehicles, wind turbines, industrial data centers, medical imaging, renewable energy, oil and gas, and aerospace.

Further, the report states that one challenge in the market is competition from gallium nitride material. Gallium nitride-based devices range from transistors, Schottky diodes, power modules, MOSFETs, and IGBTs to rectifiers. Gallium nitride-based devices have similar performance as SiC-based devices. The key factor that is driving the competition between gallium nitride and SiC is the bulk commercialization of gallium nitride devices in comparison with SiC devices, which are recently being commercialized.

Companies Mentioned

AGSCO, Carborundum Universal, Dow Corning, Henan Yicheng New Energy, Hongwu International Group, KYOCERA, and Saint-Gobain.Other Prominent Vendors in the market are: ASUZAC, CeramTec, CoorsTek, ESD-SIC, ESK-SIC, Miller and Company, Norstel, Silicon Carbide Products, SNAM Abrasives, and Xiamen Powerway Advanced Materials.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Overview
      • Table Mechanical properties of SiC
      • Table Preparation of SiC
  • Market landscape
    • Market overview
      • Table Segmentation of global SiC market by product type
      • Table Segmentation of global SiC market by application
      • Table Segmentation of global SiC market by geography
    • Market size and forecast
      • Table Global SiC market 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global SiC market segmentation by product type
      • Table Global SiC market by product type 2016 and 2021
      • Table Global SiC market by product type 2016 and 2021
    • Global black SiC market
      • Table Global black SiC market 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global black SiC market 2016-2021
      • Table Black SiC production volume in China
    • Global green SiC market
      • Table Global green SiC market 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global green SiC market 2016-2021
      • Table Green SiC production volume in China
    • Global SiC market for others
      • Table Global SiC market for others 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market for others 2016-2021
  • Market segmentation by application
    • Global SiC market by application
      • Table Global SiC market by application 2016 and 2021
      • Table Global SiC market by application 2016 and 2021
    • Global SiC market in steel and energy segment
      • Table Global SiC market in steel and energy segment 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market in steel and energy segment 2016-2021
    • Global SiC market in electronics segment
      • Table Global SiC market in electronics segment 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market in electronics segment 2016-2021
    • Global SiC market in automotive segment
      • Table Global SiC market in automotive segment 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market in automotive segment 2016-2021
    • Global SiC market in aerospace and defense segment
      • Table Global SiC market in aerospace and defense segment 2016 and 2021 (kilo metrictons)
      • Table Market forecast: Global SiC market in aerospace and defense segment 2016-2021
    • Global SiC market in medical segment
      • Table Global SiC market in medical segment 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market in medical segment 2016-2021
    • Global SiC market in other segments
      • Table Global SiC market in other segments 2016 and 2021 (kilo metric tons)
      • Table Market forecast: Global SiC market in other segments 2016-2021
  • Geographical segmentation
    • Global SiC market segmentation by geography
      • Table Global SiC market by geography 2016 and 2021
      • Table Global SiC market by geography 2016 and 2021
    • SiC market in APAC
      • Table SiC market in APAC 2016 and 2021 (kilo metric tons)
      • Table Market forecast: SiC market in APAC 2016-2021
      • Table SiC production capacity of key vendors in APAC
    • SiC market in Europe
      • Table SiC market in Europe 2016 and 2021 (kilo metric tons)
      • Table Market forecast: SiC market in Europe 2016-2021
      • Table SiC production capacity of key countries in Europe
    • SiC market in Americas
      • Table SiC market in Americas 2016 and 2021 (kilo metric tons)
      • Table Market forecast: SiC market in Americas 2016-2021
    • SiC market in ROW
      • Table SiC market in ROW 2016 and 2021 (kilo metric tons)
      • Table Market forecast: SiC market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table SiC production capacity in China
      • Table Electrical properties of silicon and SiC
    • Market challenges
      • Table Properties of silicon, SiC, and gallium nitride
  • Market trends
    • Growing demand from steel and energy industries
    • Power inverters for electric vehicles
    • Increasing use of nano SiC powders
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • AGSCO
      • Table AGSCO: Business segmentations
      • Table AGSCO: SiC product portfolio
    • Carborundum Universal
      • Table Carborundum Universal: Business segments
      • Table Carborundum Universal: SiC product portfolio
    • Dow Corning
      • Table Dow Corning: SiC product portfolio
    • Henan Yicheng New Energy
      • Table Henan Yicheng New Energy: Business segmentation
      • Table Henan Yicheng New Energy: SiC product portfolio
    • Hongwu International Group
      • Table Hongwu International Group: SiC product portfolio
    • KYOCERA
      • Table KYOCERA: Geographical segmentation by revenue 2016
      • Table KYOCERA: SiC product portfolio
    • Saint-Gobain
      • Table Saint-Gobain: Business segmentation by revenue 2016
      • Table Saint-Gobain: Geographical segmentation by revenue 2016
      • Table Saint-Gobain: SiC product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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