SIC Powder Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2028

The global SIC Powder market is anticipated to grow at a considerable CAGR of around 16.1% during the forecast period (2022-2028). The rising demand for SIC powder in the semiconductor industry is anticipated in the SIC powder market growth. SIC powder is used in the manufacturing of semiconductors due to its various benefits such as the ability to work at high voltage or can reduce with factor. Moreover, the semiconductor sector in 2020 registered a positive growth owing to increasing demand from several data centers, consumer electronics manufacturers, due to various employees were working from home. As per the Semiconductor Industry Association (SIA), in the globe semiconductor industry stood 6.5%-$412.3 billion rises from 2019 to 2020 with sales of $439.0 billion. Moreover, in December 2020, the global semiconductor sales for the month were $39.2billion, an increase of 8.3% compared to December 2019. For instance, in December 2020, DENSO Corp. launched a model of booster power module that is equipped with high-quality SIC power semiconductors. For instance, it has developed REVOSIC 2 technology to apply SiC powder semiconductors Toyota's new Mirai model is worth superior performance in high-temperature, high-frequency, and high-voltage environments compared with conventional silicon (Si). DENSO, conducts R&D on REVOSIC® technology, expanding the application of the technology to electric vehicles, including hybrid electric vehicles and battery electric vehicles.

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Market Coverage

· The market number available for - 2021-2028

· Base year- 2021

· Forecast period- 2022-2028

Segment Covered-

· By Product

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- AGSCO Corp, Entegris, Fuji Electric Co., Ltd., Infineon Technologies AG, STMicroelectronics, Sublime Technologies, WOLFSPEED, INC., and others.

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Global SIC Powder Market Report by Segment

By Product

· Green SIC

· Black SIC

· Other

By Application

· Steel Manufacturing

· Energy

· Automotive

· Aerospace and Defense

· Electronics and Semiconductor

· Other

Global SIC Powder market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· Carborundum Universal Ltd.

· ESD-SIC B.V.

· ESK-SIC GmbH

· Electro Abrasives, LLC.

· Fiven GmbH

· Hefei Kaier Nano Energy Technology Co., Ltd

· Ingentec Corp

· KYOCERA Corp.

· Nanomakers SA

· Navarro SiC

· Ningxia Tianjing LD Silicon Carbide Co.,Ltd,,

· Pacific Rundum Co., Ltd.,

· Renesas Electronics Corp

· ROHM CO., LTD.

· Saint-Gobain

· Shin-Etsu Chemical Co., Ltd.

· SINOSI SCI-TECH BEIJING CO., LTD.

· SNAM Group

· STMicroelectronics

· Sublime Technologies

· The Dow Chemical Co

· WASHINGTON MILLS

· Zaporozhsky Abrasivny combinat

· Zhejiang Jicheng Advanced Ceramics Co., Ltd.

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