Description
High demand for steel manufacturing and
steel processing along with recycling has been driving the market for silicon
carbide (SiC) in the past few years. Silicon carbide is a key component of the
semiconductor devices and growth in the electronics and semiconductor market is
also a driving factor governing SiC market growth. The high precision required
for manufacturing components and the low level of tolerances in the end-user
market have been restraining the market at the same time.
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This report segments the silicon
carbide market based on products, end-users and geographies and provides
forecasts and estimates for sub-segments of each of these. The report also
presents supply and demand characteristics of silicon carbide and applications
by providing a detailed forecast from 2013 to 2019 along with revenues and
volumes analysis. It also provides opportunities for the silicon carbide market
for the near future along with the latest trends and driving and restraining
factors influencing the market.
Based on the product segments, the
silicon carbide market can be categorized into different segments such as black
SiC, green SiC and others such as coated SiC, refractory SiC, metallurgical
SiC, metallurgical briquettes and SiC micro grit. Black SiC has been the
largest market and is expected to show the highest growth during the forecast
period.
The major end-user segments in the
silicon carbide market are steel & energy, automotives, aerospace &
aviation, military & defense, electronics & semiconductors and medical
& healthcare. Of these, steel & energy, electronics &
semiconductors and automotives have been the major markets while medical &
healthcare is expected to show the highest growth in the near future.
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North America, Europe, Asia Pacific
and Rest of the World (RoW) are the key regions covered in this report. Each of
the above mentioned regions are further segmented based on product segment and
end-users of silicon carbide and thorough analysis of each segment in terms of
volume and revenue in 2012 and forecast until 2019 has been included in the
report. The detailed analysis of market landscape of companies such as ESK SIC
GmbH, Grindwell Norton Ltd., The Dow Chemical Company and other major
manufacturers of silicon carbide has been included in this report.
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