Silicon carbide Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031

Global Silicon carbide report from Global Insight Services is the single authoritative source of intelligence on Silicon carbide market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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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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Market Segments
By Product

Black SiC
Green SiC
By Application

Steel
Automotive
Aerospace
Military & Defense
Electrical & Electronics
Healthcare
Others


Key Players
AGSCO Corp.
Carborundum Universal Ltd.
Washington Mills
Coorstek
Entegris, Inc.
ESD-SIC b.v.
Snam Abrasives Pvt. Ltd.
Gaddis Engineered Materials

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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.

Another key trend in SiC technology is the increasing use of SiC-based MOSFETs (metal-oxide-semiconductor field-effect transistors). SiC MOSFETs offer several advantages over traditional Si MOSFETs, including higher switching speeds, higher breakdown voltages, and lower power consumption. As a result, SiC MOSFETs are well suited for applications such as power converters, motor controllers, and high-speed digital circuits.

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