Press release
Silicon Carbide Market Overview by recent opportunities, growth size, regional analysis and forecasts to 2031
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Silicon carbide (SiC) is a compound of silicon and carbon with a chemical formula of SiC. It occurs in nature as the extremely rare mineral moissanite. Silicon carbide powder has been mass-produced since 1893 for use as an abrasive. Grains of silicon carbide can be bonded together by sintering to form very hard ceramics which are widely used in applications requiring high endurance, such as car brakes, car clutches and ceramic plates in bulletproof vests. Silicon carbide is also used as a semiconductor in commercial and military applications.
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Key Players
-AGSCO Corp.
-Carborundum Universal Ltd.
-Washington Mills
-Coorstek
-Entegris, Inc.
-ESD-SIC b.v.
-Snam Abrasives Pvt. Ltd.
Key Trends
One of the key trends in Silicon Carbide (SiC) technology is the increasing use of SiC devices in high-voltage, high-power applications. SiC devices offer several advantages over traditional silicon (Si) devices, including higher breakdown voltage, higher operating temperature, and lower power consumption. As a result, SiC devices are well suited for applications such as power converters, motor controllers, and power supplies, which are subject to high voltages and power levels.
Key Drivers
The key drivers of the silicon carbide market are its unique properties, which make it ideal for a wide range of applications across a variety of industries. These properties include:
High thermal conductivity: silicon carbide is an excellent conductor of heat, making it ideal for applications where thermal management is critical, such as in power semiconductors.
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Market Segments
By Product
-Black SiC
-Green SiC
By Application
-Steel
-Automotive
-Aerospace
-Military & Defense
-Electrical & Electronics
-Healthcare
-Others
By Region
-North America
-U.S.
-Canada
-Europe
-Germany
-France
-UK
-Italy
-Spain
-Rest of Europe
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