Global Silicon Carbide (SIC) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Silicon carbide, occuring in nature as the extremely rare mineral moissanite, is a compound of silicon and carbon with chemical formula SiC.
Silicon carbide has the following properties and these properties make silicon carbide an outstanding abrasive and ceramic material to be used under extreme operating conditions.
Global Silicon Carbide (SIC) key players include Ningxia Tianjing, Lanzhou Heqiao, Cumi Murugappa, Washington Mills, etc. Global top four manufacturers hold a share about 20%.
Asia-Pacific is the largest market, with a share over 55%, followed by Europe, and North America, both have a share about 40 percent.
In terms of product, Black SiC is the largest segment, with a share over 90%. And in terms of application, the largest application is Metallurgical Industrial, followed by Refractory Industrial, Abrasive Industrial, Ceramic Industrial, etc.

Market Analysis and Insights: Global Silicon Carbide (SIC) Market
In 2020, the global Silicon Carbide (SIC) market size was US$ 1628 million and it is expected to reach US$ 1945.7 million by the end of 2027, with a CAGR of 2.9% during 2021-2027.
Global Silicon Carbide (SIC) Scope and Market Size
Silicon Carbide (SIC) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Silicon Carbide (SIC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Silicon Carbide (SIC) market is segmented into
Black SiC
Green SiC

Segment by Application, the Silicon Carbide (SIC) market is segmented into
Metallurgical Industrial
Refractory Industrial
Abrasive Industrial
Ceramic Industrial
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Silicon Carbide (SIC) Market Share Analysis
Silicon Carbide (SIC) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Silicon Carbide (SIC) product introduction, recent developments, Silicon Carbide (SIC) sales by region, type, application and by sales channel.

The major companies include:
Saint-Gobain
Ningxia Tianjing
Lanzhou Heqiao
Tianzhu Yutong
Cumi Murugappa
Elsid S.A
Washington Mills
ESD-SIC
Erdos
Ningxia Jinjing
Elmet
Snam Abrasives
ESK-SIC
Navarro
Pacific Rundum
Zaporozhsky Abrasivny Combinat
Yakushima Denko
Yicheng New Energy
Xinjiang Longhai
Sublime

Frequently Asked Questions