Press release
Global Silicon Carbide (SiC) Market Will Grow At A CAGR Of 14.04% During The Period 2017-2021
Market Research Report
About Silicon Carbide (SiC)
Silicon carbide (SiC) contains silicon and carbon in equal proportions. It is available in the nature in the form of moissanite. Bulk productions of SiC are carried out through several synthetic routes. It is one of the toughest materials for high temperature applications. SiC is manufactured industrially by mixing high-purity quartz with carbon (high-quality coke or anthracite) at approximately 2,000C in an electric resistance furnace.
Technavios analysts forecast the global silicon carbide market to grow at a CAGR of 14.04% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global silicon carbide market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW
Technavio's report, Global Silicon Carbide (SiC) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AGSCO
Carborundum Universal
Dow Corning
Henan Yicheng New Energy
Hongwu International Group
KYOCERA
Saint-Gobain
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Other prominent vendors
ASUZAC
CeramTec
CoorsTek
ESD-SIC
ESK-SIC
Miller and Company
Norstel
Silicon Carbide Products
SNAM Abrasives
Xiamen Powerway Advanced Materials
Market driver
Growing demand for power electronics
For a full, detailed list, view our report
Market challenge
Competition from gallium nitride material
For a full, detailed list, view our report
Market trend
Growing demand from steel and energy industries
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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