Global Silicon Carbide Market Size study, by Product (Black Silicon Carbide, Green Silicon Carbide), by Application (Steel, Automotive, Aerospace, Military & Defense, Electrical & Electronics, Healthcare, Others) and Regional Forecasts 2020-2027

BIZ4060894
200 Pages
September 2020
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Global Silicon Carbide Market is valued approximately at USD 2.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 16% over the forecast period 2020-2027. Silicon carbide (SiC), also known as carborundum, is a type of chemical compound made of silicon and carbon. Also, SiC has the huge potential to replace other silicon-based semiconductors and transistors due to their low switching cost and can support high operating frequencies, thereby is likely to gain a lot of traction in the forthcoming period. Furthermore, SiC is one of the hard compound materials which has exceptional performance, power rating, power switching frequency in comparison to silicon. Also, it has a huge potential to provide high power switching applications in an intense environment, making the huge adoption of silicon carbide across the end-use applications. Moreover, the growing demand of SiC in the electric vehicle industry and increasing government funding to increase the production of SiC are few other factors responsible for the market growth over the forecast period. According to the survey of the International Energy Agency in 2018, more than 1 million electric cars were sold in 2017 with more than half of global sales in China. Also, it is estimated that the total number of electric cars sold surpassed 2.1 million across the globe in the year 2019. Likewise, in 2019, China remains the world’s most sophisticated market for electric vehicle sales in absolute terms, with 2.3 million electric vehicles in active use. This, in turn, is expected to create huge demand for silicon carbide all over the world. However, the high material and production cost, along with the availability of substitutes are the major factors impeding the market growth over the forecast period of 2020-2027.

The regional analysis of the global Silicon Carbide market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing proliferation of electric vehicles and hybrid vehicles, along with the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increasing production of SiC due to favorable government support, along with the rapid industrialization in developing nations, such as China and India, would create lucrative growth prospects for the Silicon Carbide market across the Asia-Pacific region.

Major market player included in this report are:

AGSCO Corp.

Carborundum Universal Limited

Dow Chemical Co.

Entegris, Inc.

ESD-SIC B.V.

ESK-SIC GmbH

Gaddis Engineered Materials

Grindwell Norton Ltd.

Saint Gobain Ceramic Materials GmbH

Snam Abrasives Pvt. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Black Silicon Carbide

Green Silicon Carbide

By Application:

Steel

Automotive

Aerospace

Military & Defense

Electrical & Electronics

Healthcare

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Silicon Carbide Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Silicon Carbide Market, by Region, 2018-2027 (USD Billion)

1.2.2. Silicon Carbide Market, by Product, 2018-2027 (USD Billion)

1.2.3. Silicon Carbide Market, by Application, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Silicon Carbide Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Silicon Carbide Market Dynamics

3.1. Silicon Carbide Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Silicon Carbide Market: Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Silicon Carbide Market, by Product

5.1. Market Snapshot

5.2. Global Silicon Carbide Market by Product, Performance - Potential Analysis

5.3. Global Silicon Carbide Market Estimates & Forecasts by Product 2017-2027 (USD Billion)

5.4. Silicon Carbide Market, Sub Segment Analysis

5.4.1. Black Silicon Carbide

5.4.2. Green Silicon Carbide

Chapter 6. Global Silicon Carbide Market, by Application

6.1. Market Snapshot

6.2. Global Silicon Carbide Market by Application, Performance - Potential Analysis

6.3. Global Silicon Carbide Market Estimates & Forecasts by Application 2017-2027 (USD Billion)

6.4. Silicon Carbide Market, Sub Segment Analysis

6.4.1. Steel

6.4.2. Automotive

6.4.3. Aerospace

6.4.4. Military & Defense

6.4.5. Electrical & Electronics

6.4.6. Healthcare

6.4.7. Others

Chapter 7. Global Silicon Carbide Market, Regional Analysis

7.1. Silicon Carbide Market, Regional Market Snapshot

7.2. North America Silicon Carbide Market

7.2.1. U.S. Silicon Carbide Market

7.2.1.1. Product breakdown estimates & forecasts, 2017-2027

7.2.1.2. Application breakdown estimates & forecasts, 2017-2027

7.2.2. Canada Silicon Carbide Market

7.3. Europe Silicon Carbide Market Snapshot

7.3.1. U.K. Silicon Carbide Market

7.3.2. Germany Silicon Carbide Market

7.3.3. France Silicon Carbide Market

7.3.4. Spain Silicon Carbide Market

7.3.5. Italy Silicon Carbide Market

7.3.6. Rest of Europe Silicon Carbide Market

7.4. Asia-Pacific Silicon Carbide Market Snapshot

7.4.1. China Silicon Carbide Market

7.4.2. India Silicon Carbide Market

7.4.3. Japan Silicon Carbide Market

7.4.4. Australia Silicon Carbide Market

7.4.5. South Korea Silicon Carbide Market

7.4.6. Rest of Asia Pacific Silicon Carbide Market

7.5. Latin America Silicon Carbide Market Snapshot

7.5.1. Brazil Silicon Carbide Market

7.5.2. Mexico Silicon Carbide Market

7.6. Rest of The World Silicon Carbide Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. AGSCO Corp.

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Carborundum Universal Limited

8.2.3. Dow Chemical Co.

8.2.4. Entegris, Inc.

8.2.5. ESD-SIC B.V.

8.2.6. ESK-SIC GmbH

8.2.7. Gaddis Engineered Materials

8.2.8. Grindwell Norton Ltd.

8.2.9. Saint Gobain Ceramic Materials GmbH

8.2.10. Snam Abrasives Pvt. Ltd.

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

TABLE 1. Global Silicon Carbide market, report scope

TABLE 2. Global Silicon Carbide market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Silicon Carbide market estimates & forecasts by Product 2017-2027 (USD Billion)

TABLE 4. Global Silicon Carbide market estimates & forecasts by Application 2017-2027 (USD Billion)

TABLE 5. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 6. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Silicon Carbide market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Silicon Carbide market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. U.S. Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 23. U.S. Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. Canada Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Canada Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 26. Canada Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. UK Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. UK Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 29. UK Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. Germany Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. Germany Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 32. Germany Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. France Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 34. France Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 35. France Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. Spain Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 37. Spain Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 38. Spain Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Italy Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 40. Italy Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. Italy Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. ROE Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 43. ROE Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 44. ROE Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. China Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 46. China Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 47. China Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. India Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 49. India Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 50. India Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. Japan Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 52. Japan Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 53. Japan Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Australia Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 55. Australia Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 56. Australia Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. South Korea Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 58. South Korea Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 59. South Korea Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. ROPAC Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 61. ROPAC Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 62. ROPAC Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. Brazil Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 64. Brazil Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 65. Brazil Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Mexico Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 67. Mexico Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 68. Mexico Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. ROLA Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 70. ROLA Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 71. ROLA Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROW Silicon Carbide market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 73. ROW Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 74. ROW Silicon Carbide market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. List of secondary sources, used in the study of global Silicon Carbide market

TABLE 76. List of primary sources, used in the study of global Silicon Carbide market

TABLE 77. Years considered for the study

TABLE 78. Exchange rates considered

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