Press release
Silicon Carbide Market Research Report - Global Industry Analysis and Forecast to 2020 | Hexa Research
Silicon Carbide is a synthetically manufactured chemical compound of silicon and carbon. It is strong, oxidation resistant, thermal shock resistant, and chemical resistant. It is characterized by low density, low thermal expansion and high temperature strength. Hexa Research observes that these factors will contribute to the global Silicon Carbide Market growing strongly at a CAGR of 15% from 2014 to 2020.Silicon carbide’s applications include aerospace & aviation, electronics & semiconductors, steel & energy, military & defense and medicine & healthcare. Steel and energy, with a total demand of more than 300 kilo tons, was the largest application area in 2013. Silicon carbide is used as a deoxidizing agent in steel manufacture. It is also a manufacturing component for semiconductors. Pure silicon conductors are increasingly being replaced by silicon carbide semiconductors. Hexa Research opines that growing market for steel and semiconductors will prove favorable for future demand of silicon carbide. The revival of automobile industry, especially in Asia Pacific countries like China, will also boost demand.
Browse Details of Report @
https://www.hexaresearch.com/research-report/silicon-carbide-industry/
Silicon Carbide is used as an oil additive in automobiles. Medical and Healthcare application segments will grow rapidly at a CAGR of 16.4% from 2014 to 2020. Key market growth inhibitors include high manufacturing costs and low tolerance levels.
Silicon carbide products include black, green, coated, refractory, micro grit, metallurgical and metallurgical briquettes. Key product segments of green and black will witness stagnant growth in the coming years. Applicability of black silicon carbide in ceramic, refractory and steel industries will propel market growth.
Hexa Research finds Asia Pacific with revenues more than $865 million to be the largest regional market for silicon carbide in 2013. Asia Pacific will continue its ascent with expected CAGR of 16.7% from 2014 to 2020, owing to factors like rapid industrialization and growing infrastructure projects. Exponential growth in Chinese automotive industry will also be an important contributor. Demand for Silicon Carbide in North America arose from the medical & healthcare and military & defense sectors. Hexa Research includes Dow Chemical Company, Entegris Inc., ESK-SIC Gmbh and Grindwell Norton in the list of key global industry participants.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced-materials-industry
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Felton Office PlazaContact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - http://www.hexaresearch.com/
Visit Our Blog - hexaresearch1.blogspot.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Silicon Carbide Market Research Report - Global Industry Analysis and Forecast to 2020 | Hexa Research here
News-ID: 490613 • Views: …
More Releases from Hexa Research
Acetic Acid Market Research & Development | Industry Report, 2022
The global acetic acid market will be valued at more than $13 billion in 2022. Growing demand for applications like Purified Terephthalic Acid (PTA) and Vinyl Acetate Monomer (VAM) will contribute to this growth. PTA is increasingly being consumed for manufacturing polyester, which is an important constituent of the textile and packaging industries. PTA is expected to witness the fastest growth with a CAGR of more than 4.9% from 2015…
Digitally Printed Wallpaper Market Research & Development | Industry Report, 202 …
The global digitally printed wallpaper market is anticipated to reach USD 13.07 billion by 2025 from USD 2.33 billion in 2017 and is expected to register a CAGR of 24.01% from 2017 to 2025. Growing awareness of home decor market is expected to drive the market for the residential and nonresidential segments. Increased construction in the emerging economies, growth in the residential sector and increasing consumer desire for premium home…
Enhanced Oil Recovery (EOR) Market offshore segment is expected to grow at CAGR …
The global enhanced oil recovery (EOR) market size is estimated to reach USD 55.02 billion by 2025, fueled by the increasing demand for energy in a broad range of applications including manufacturing, infrastructure and utilities. Rising number of aged wells resulting in low oil output has paved the way for advanced technologies including EOR to achieve optimum production.
Keeping these driving factors in mind, companies are focusing on developing advanced technologies…
U.S. Organic Food Market Size and Share | Industry Report, 2025 | Hexa Research
The U.S. organic food market size is expected to reach USD 70.4 billion by 2025 as a result of increasing demand from consumers. Consumers in U.S. seek convenient purchasing options and organic food, which is now easily available, is gaining popularity. These food products are available in more than 20,000 natural food stores and conventional grocery stores across the country.
Over the past decade, organic food has witnessed significant growth. Sold…
More Releases for Silicon
Silicon Carbide Ceramics and Silicon Nitride Ceramics
Overview of Silicon Carbide Ceramics [https://www.rbsic-sisic.com/wear-resistant-silicon-carbide-ceramic-tiles-3.html]
Silicon carbide ceramics are a new type of ceramic material made mainly from silicon carbide powder through high-temperature sintering. Silicon carbide ceramics have high hardness, wear resistance, corrosion resistance, and excellent high temperature resistance, with excellent mechanical, thermal, and electrical properties. Silicon carbide ceramics can be divided into compacted sintered silicon carbide ceramics and reaction sintered silicon carbide ceramics due to different firing processes.
Overview of…
High Purity Silicon Metal Market Growth Forecast: Latest Research Unveils Opport …
Global High Purity Silicon Metal Market Overview:
Global High Purity Silicon Metal Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028.
This research study of High Purity Silicon Metal involved the extensive usage of both primary and secondary data sources. This…
Future Prospects of Silicon Rings and Silicon Electrodes for Etching Market by …
The Silicon Rings and Silicon Electrodes for Etching Market research report provides all the information related to the industry. It gives the outlook of the market by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments and manufacturing technology. This Silicon Rings and Silicon Electrodes for Etching market research report tracks all the…
Silicon Metal Market Global Outlook 2021-2026: Ferroglobe, Mississippi Silicon, …
The Global Silicon Metal Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.
The market…
Global Solar Grade Multi-Crystal Silicon Market Leading Major Players – GCL-Po …
Researchmoz added Most up-to-date research on "Global (United States, European Union and China) Solar Grade Multi-Crystal Silicon Market Research Report 2019-2025" to its huge collection of research reports.
The Solar Grade Multi-Crystal Silicon market report [6 Year Forecast 2019-2025] focuses on Major Leading Industry Players, providing info like company profiles, product type, application and regions, production capacity, ex-factory price, gross margin, revenue, market share and speak to info. Upstream raw materials…
Silicon Metal Market 2018: Top Key Players H.C. Starck, Elkem, Zhejiang Kaihua Y …
Silicon Metal Market Status and Forecast 2025
This Write up presents in detail analysis of Silicon Metal Market especially market drivers, challenges, vital trends, standardization, deployment models, opportunities, future roadmap, manufacturer’s case studies, value chain, organization profiles, Sales Price and Sales Revenue, Sales Market Comparison and strategies.
The Silicon Metal market Report provides a detailed analysis of the Silicon Metal industry. It provides an analysis of the past 5 years and a future forecast till the year…
