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Silicon Carbide Market Size Growth Analysis By Revenue, Share, Scenario on Latest Trends & Forecast 2021-2031
Silicon Carbide Market
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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.
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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.
In addition to its hardness, silicon carbide is notable for its high thermal conductivity, high electrical conductivity, and high mechanical strength. These properties make it an attractive material for a wide variety of applications in industries such as automotive, aerospace, electrical, and medical.
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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.
High electrical conductivity: silicon carbide is also an excellent conductor of electricity, making it ideal for a wide range of electrical and electronic applications.
High mechanical strength: silicon carbide is much stronger than silicon, making it ideal for applications where strength and durability are required, such as in automotive and aerospace components.
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