Silicon carbide, occuring in nature as the extremely rare mineral moissanite, is a compound of silicon and carbon with chemical formula SiC.
Silicon carbide has the following properties and these properties make silicon carbide an outstanding abrasive and ceramic material to be used under extreme operating conditions.
This report contains market size and forecasts of Silicon Carbide (SIC) in global, including the following market information:
Global Silicon Carbide (SIC) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Silicon Carbide (SIC) Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Silicon Carbide (SIC) companies in 2021 (%)
The global Silicon Carbide (SIC) market was valued at 1686.4 million in 2021 and is projected to reach US$ 2042.7 million by 2028, at a CAGR of 2.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Black SiC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Silicon Carbide (SIC) include Saint-Gobain, Ningxia Tianjing, Lanzhou Heqiao, Tianzhu Yutong, Cumi Murugappa, Elsid S.A, Washington Mills, ESD-SIC and Erdos, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Silicon Carbide (SIC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Silicon Carbide (SIC) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Silicon Carbide (SIC) Market Segment Percentages, by Type, 2021 (%)
Black SiC
Green SiC
Global Silicon Carbide (SIC) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Silicon Carbide (SIC) Market Segment Percentages, by Application, 2021 (%)
Metallurgical Industrial
Refractory Industrial
Abrasive Industrial
Ceramic Industrial
Others
Global Silicon Carbide (SIC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Silicon Carbide (SIC) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Silicon Carbide (SIC) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Silicon Carbide (SIC) revenues share in global market, 2021 (%)
Key companies Silicon Carbide (SIC) sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Silicon Carbide (SIC) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Saint-Gobain
Ningxia Tianjing
Lanzhou Heqiao
Tianzhu Yutong
Cumi Murugappa
Elsid S.A
Washington Mills
ESD-SIC
Erdos
Ningxia Jinjing
Elmet
Snam Abrasives
ESK-SIC
Navarro
Pacific Rundum
Zaporozhsky Abrasivny Combinat
Yakushima Denko
Yicheng New Energy
Xinjiang Longhai
Sublime