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Global Silicon Carbide Technical Ceramic Market Size, Share, and Forecast Analysis 2025-2029
Silicon Carbide Technical Ceramic
What Are the Silicon Carbide Technical Ceramic Market Size Forecast for 2025?
The market size of the silicon carbide technical ceramic has experienced robust growth in recent years. Its growth is projected to expand from $5.21 billion in 2024 to $5.51 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. The previous growth momentum is attributed to factors such as the expanding semiconductor industry, the broadening aerospace sector, escalating defense applications, growing demand for high-temperature materials, and the surge in ceramics research and development.
What Is the Market Size Outlook for Silicon Carbide Technical Ceramic Until 2029?
The market size of silicon carbide technical ceramics is forecasted to experience significant growth in the upcoming years, anticipated to rise to $7.17 billion in 2029 with a compound annual growth rate (CAGR) of 6.8%. This predicted growth in the period under review is linked to factors such as the expanding adoption of electric vehicles, an evolving renewable energy sector, increasing medical utilities, rising demand for wear-resistant materials, and heightened use in aerospace. The forecast period will also witness several trends, including improvements in manufacturing procedures, advancements in the semiconductor sector, the emergence of lightweight ceramics, incorporation in 5G and AI technologies, and the evolution of additive manufacturing.
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What Are the Major Factors Driving Demand in the Silicon Carbide Technical Ceramic Market?
The surge in electric vehicle demand is predicted to drive the expansion of the silicon carbide technical ceramic industry. An electric vehicle is a battery-operated car that runs on an electric motor and can be recharged externally. The appeal of electric vehicles is on the rise because of advancements in battery technology, with efficiency enhancements, faster charging times, and decreased costs facilitating broader adoption. The efficiency of electric vehicles is bolstered by the silicon carbide tech ceramics through improving power electronics, thermal management, and overall energy performance, thereby enhancing their range and dependability. For instance, data from the U.S. Energy Information Administration from November 2023 points out that in the third quarter of 2023, battery-electric vehicles represented 17.7% of new light-duty vehicle sales, elevating their annual sales share to 16.0%, a rise from 12.5% in 2022 and 9.0% in 2021. Consequently, the heightened demand for electric vehicles fuels the growth of the silicon carbide technical ceramic market.
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How Are End-Use Segments Shaping the Silicon Carbide Technical Ceramic Market Outlook?
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
Subsegments:
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
What Are the Strategic Trends Transforming the Silicon Carbide Technical Ceramic Market Landscape?
Leading firms in the silicon carbide technical ceramics sector are prioritizing the development of sophisticated manufacturing methods, such as cutting-edge ceramics, to improve performance and scalability. These high-performance ceramics are engineered with superior attributes such as enhanced strength, thermal resistance, and chemical stability. They are created from pure synthetic powders employing precise production techniques, providing greater durability and functionality in contrast to conventional ceramics. For example, in January 2025, Indian firm SNAM Abrasives Pvt. Ltd., a producer of silicon carbide products, introduced SNAM High Purity Silicon Carbide (HP SiC), claiming up to 4N SiC purity (99.99%), tailored for sectors needing superlative material attributes. This novel product is targeted at fulfilling the exacting demands of state-of-the-art applications in industries such as semiconductors, renewable energy, aerospace, EVs, and advanced ceramics.
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Who Are the Prominent Companies in the Silicon Carbide Technical Ceramic Market by ?
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.
Which Region Is Expected to See the Highest CAGR 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.
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