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Increasing Adoption Of Electric Vehicles Fueling The Growth Of The Market Due To Enhanced Power Electronics, Thermal Management, And Energy Performance: A Significant Driver Propelling The Silicon Carbide Technical Ceramic Market In 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Silicon Carbide Technical Ceramic Market Size and Projected Growth Rate?
The silicon carbide technical ceramics market size has grown strongly in recent years. It will grow from $5.21 billion in 2024 to $5.60 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to the growing semiconductor industry, the expansion of the aerospace sector, rising defense applications, rising demand for high-temperature materials, and increasing R&D in ceramics.
The market for technical ceramics made of silicon carbide is projected to experience robust growth in the coming years. It is forecasted to expand to a value of $7.39 billion by 2029, ascending at a compound annual growth rate (CAGR) of 7.2%. Growth in this projected period can be linked to increased use of electric vehicles, expansion in the renewable energy sector, growth in medical applications, heightened demand for materials resistant to wear and tear, as well as wider acceptance in the aerospace industry. Key trends within this forecast period include improvements in manufacturing processes, progression in semiconductor technology, the invention of lightweight ceramics, incorporation into 5G and AI technologies, and progress in additive manufacturing technology.
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What Are the Major Segments in the Silicon Carbide Technical Ceramic Market?
The silicon carbide technical ceramic market covered in this report is segmented -
1) By Type: Reaction Bonded Silicon Carbide, Sintered Silicon Carbide, Recrystallized Silicon Carbide, Chemical Vapor Deposition(CVD) Silicon Carbide, Other Types
2) By Sales Channel: Direct Sales, Distributors And Wholesalers, Online Retail
3) By Application: Machinery Manufacturing, Metallurgical Industry, Chemical Engineering, Aerospace And Defense, Semiconductor, Automobile, Photovoltaics, Other Applications
Subsegmentss:
1) By Reaction Bonded Silicon Carbide: Silicon Infiltrated SiC, Oxide Bonded SiC, Nitride Bonded SiC
2) By Sintered Silicon Carbide: Pressureless Sintered SiC, Hot Pressed Sintered SiC, Liquid Phase Sintered SiC
3) By Recrystallized Silicon Carbide: Fine-Grained Recrystallized SiC, Coarse-Grained Recrystallized SiC
4) By Chemical Vapor Deposition (CVD) Silicon Carbide: Thick Film CVD SiC, Thin Film CVD SiC, High-Purity CVD SiC
5) By Other Types: Porous Silicon Carbide, Doped Silicon Carbide, Composite Silicon Carbide
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What Are The Driving Silicon Carbide Technical Ceramic Market Evolution?
The silicon carbide technical ceramic market's expansion is fueled by the rising interest in electric vehicles. Electric Vehicles (EV), which are powered by electric motors that utilize electric energy stored in batteries and can be charged from an external source, are increasing in demand. This is due to progress in battery technology, as enhancements in energy density, charging speed, and cost reduction render them more efficient, affordable and convenient for universal use. The efficiency of electric vehicles (EV) is boosted by silicon carbide technical ceramic through improvements in power electronics, thermal management, and energy performance, thus ensuring better reach and reliability. For example, the U.S. Energy Information Administration reported that in the third quarter of 2023, new light-duty vehicle sales included 17.7% of battery-electric vehicles (BEVs), which increased their total new vehicle sales for the year to 16.0%, a significant rise from 12.5% in 2022 and 9.0% in 2021. Consequently, the silicon carbide technical ceramic market is driven by the growing demand for electric vehicles.
Which Firms Dominate The Silicon Carbide Technical Ceramic Market Segments?
Major companies operating in the silicon carbide technical ceramic market are Kyocera Corporation, CoorsTek Inc., Ferrotec Corporation, Morgan Advanced Materials, CeramTec GmbH, Qingdao Newthink New Materials Co. Ltd., Fiven Norge AS, Kymera International, Performance Ceramics & Refractories, Blasch Precision Ceramics Inc., Precision Ceramics Ltd., Shanghai Gehang Vacuum Technology Co. Ltd., Anoop Ceramics, International Syalons (Newcastle) Limited, Heeger Materials Inc., Ortech Inc., C-Mac International LLC., CG Thermal LLC, ASUZAC Co. Ltd., Washington Mills.
What Trends Are Expected to Dominate the Silicon Carbide Technical Ceramic Market in the Next 5 Years?
Leading businesses in the silicon carbide technical ceramics sector are strategizing to enhance performance and scalability through the development of innovative manufacturing methods, such as advanced ceramics. These advanced ceramics are high-grade, non-organic materials engineered for outstanding attributes like high resilience, resistance to heat, and chemical stability. Manufactured from unadulterated synthetic powders with meticulous processes, they promise superior longevity and functionality, outpacing the traditional ceramics. For example, SNAM Abrasives Pvt. Ltd, an Indian manufacturer of silicon carbide products, launched the SNAM High Purity Silicon Carbide with an impressive 4N SiC purity (99.99%) in January 2025. The product was specifically designed for industries with high material property demands, aiming to cater to the sides of various top-tier applications in sectors such as semiconductors, renewable energy, aerospace, Electric Vehicles (EVs), and advanced ceramics.
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Which Is The Largest Region In The Silicon Carbide Technical Ceramic Market?
North America was the largest region in the silicon carbide technical ceramics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the silicon carbide technical ceramic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Silicon Carbide Technical Ceramic Market?
2. What is the CAGR expected in the Silicon Carbide Technical Ceramic Market?
3. What Are the Key Innovations Transforming the Silicon Carbide Technical Ceramic Industry?
4. Which Region Is Leading the Silicon Carbide Technical Ceramic Market?
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