Silicon Carbide (SIC) Market Size, Share, Trend and Growth Forecast to 2024
MarketResearchNest.com adds “Global Silicon Carbide (SIC) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” new report to its research database. The report spread across in 139 pages with table and figures in it.
This comprehensive Silicon Carbide (SIC) Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
Silicon carbide, occuring in nature as the extremely rare mineral moissanite, is a compound of silicon and carbon with chemical formula SiC.
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Scope of the Report:
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.
The worldwide market for Silicon Carbide (SIC) is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 1940 million US$ in 2024, from 1670 million US$ in 2019, This report focuses on the Silicon Carbide (SIC) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
- Ningxia Tianjing
- Lanzhou Heqiao
- Tianzhu Yutong
- Cumi Murugappa
- Elsid S.A
- Washington Mills
- Ningxia Jinjing
- Snam Abrasives
- Pacific Rundum
- Zaporozhsky Abrasivny Combinat
- Yakushima Denko
- Yicheng New Energy
- Xinjiang Longhai
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Black SiC
- Green SiC
Market Segment by Applications, can be divided into
- Metallurgical Industry
- Refractory Industry
- Abrasive Industry
- Ceramic Industry
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Silicon Carbide (SIC) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Silicon Carbide (SIC), with price, sales, revenue and global market share of Silicon Carbide (SIC) in 2017 and 2018.
Chapter 3, the Silicon Carbide (SIC) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Silicon Carbide (SIC) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Silicon Carbide (SIC) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Silicon Carbide (SIC) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Mr. Jeet Jain