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Silicon Carbide (Black SiC, Green SiC) Market

Silicon Carbide (Black SiC, Green SiC) Market for Automotive, Aerospace, Military, Electronics, Healthcare, Steel and Energy Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013-2019

Global Silicon Carbide Market: Overview

Silicon carbide (SiC) (or carborundum) is extremely hard compound of crystalline compound of silicon and carbon produced synthetically and has been popularly used as abrasives and in cutting tools world over. More recent applications driving the market are in refractory linings for industrial furnaces and in wear-resistant parts for pumps. The extensive usage of SiC as semiconducting substrates for LED has led the compound to occupy as a crucial role in semiconductor industry world over. Products made of silicon carbide find commercial usage in engineering applications. Owing to the extreme hardness SiC displays comparable that of diamond, along with exciting semiconductor characteristics it has, bolsters its uptake in applications that demand high corrosion resistance.

The range of applications of SiC in end-use industries such as automotive, steel and energy, aerospace, aviation, military and defense, electronics and semiconductors, and medical and healthcare is driving the silicon carbide market. The advances being made in these end-use industries is also catalyzing the growth of the silicon carbide market. Furthermore, the advent of advanced manufacturing processes has further expanded the specialized applications of silicon carbide.

The silicon carbide market is projected to proliferate at a robust CAGR of 15.3% during 2013-2019. The valuation of the market was pegged at US$1.45 Bn in 2012.

Applications in Medical and Healthcare Sector and Automotive Industry to rise at Substantial Pace

Among the various end-use applications, the troika of electronics and semiconductors, steel and energy, and automotive sectors accounted for a majority of the global share in 2012. However, the medical and healthcare sector in combination with the automotive industry is expected to be an attractive segment. The combined segment is poised to rise at the highest CAGR over the forecast period. SiC as performance ceramic is prominently used in ceramic brake pads for various high-end vehicles, including sports cars, which is boosting the product demand in the automotive industry.

Black and Green Silicon Carbide Segments rule the roost

Broadly, based on product, the silicon carbide market can be segmented into black and green, along with the ‘others’ segment comprising coated SiC, refractory SiC, metallurgical SiC and metallurgical briquettes, and SiC micro grit. Black and green SiC jointly accounted for the lion’s share of over 90% in the global market in 2012 and is expected to hold their sway through 2019. The combined segment is also forecast to rise at the highest CAGR over the assessment period. The types of SiC that fall under the other category has niche applications and the scenario is not likely to change anytime soon.

Asia Pacific and RoW Region to rise at Prominent Growth Rate, Europe home to Lucrative Avenues

The various regional segments in the global silicon carbide market are North America, Europe, Asia Pacific, and the region called Rest of World (RoW). Of these, Asia Pacific led the pack and held over half the share the global market in 2012. The prominence of this regional market is attributed to the presence of a robust distribution infrastructure. Of the remaining regional segments, Europe and RoW contributed a share of over 30% in the global market.

The substantial demand for SiC products in the automotive sector is a key factor driving the demand in Europe market. The rapid rise in demand for SiC in several developing countries such as China, Brazil, Russia, Indonesia, and India has resulted in the RoW region and Asia Pacific showing vast lucrative opportunities for market players to capitalize on. These regions are anticipated to expand at CAGR greater than all others over the assessment period.

    1. Preface

        1.1. Report Description

        1.2. Research scope

        1.3. Market segmentation

        1.4. Research methodology

    2. Executive Summary

        2.1. Global silicon carbide market, 2011-2019 (Kilo Tons) (USD Million)

    3. Market Overview

        3.1. Introduction

        3.2. Value chain analysis

        3.3. Market drivers

            3.3.1. Growing demand for steel production and steel recycling

            3.3.2. Key component of semiconductor device market

        3.4. Market restraints

            3.4.1. High precision and low tolerances in component manufacturing

        3.5. Opportunities

            3.5.1. Application development in aviation and aerospace

            3.5.2. Growing demand for automotives expected to boost the market for silicon carbide

        3.6. Porter’s five force analysis

            3.6.1. Bargaining power of suppliers

            3.6.2. Bargaining power of buyers

            3.6.3. Threat of new entrants

            3.6.4. Threat from substitutes

            3.6.5. Degree of competition

        3.7. Silicon Carbide: Market attractiveness analysis

        3.8. Silicon Carbide: Company landscape analysis

            3.8.1. ESK-SIC GmbH

            3.8.2. Grindwell Norton Ltd.

            3.8.3. The Dow Chemical Company

    4. Global Silicon Carbide Market: Product Segment Analysis

        4.1. Global silicon carbide market: Product segment overview

            4.1.1. Global silicon carbide market share, by product segment, 2012 & 2019

        4.2. Black silicon carbide

            4.2.1. Global black silicon carbide market, by product segment, 2011-2019 (Kilo Tons) (USD Million)

        4.3. Green silicon carbide

            4.3.1. Global green silicon carbide market, by product segment, 2011-2019 (Kilo Tons) (USD Million)

        4.4. Others

            4.4.1. Global other silicon carbide market, by product segment, 2011-2019 (Kilo Tons) (USD Million)

    5. Global Silicon Carbide Market: End User Analysis

        5.1. Global silicon carbide market: End user overview

            5.1.1. Global silicon carbide market shares, by end user, 2012 & 2019

        5.2. Steel & energy

            5.2.1. Global steel & energy silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

        5.3. Automotives

            5.3.1. Global automotives silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

        5.4. Aerospace & aviation

            5.4.1. Global aerospace & aviation silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

        5.5. Military & defense

            5.5.1. Global military & defense silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

        5.6. Electronics & semiconductors

            5.6.1. Global electronics & semiconductors silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

        5.7. Medical and healthcare

            5.7.1. Global medical and healthcare silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

        5.8. Others

            5.8.1. Global other silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    6. Global Silicon Carbide Market: Regional Analysis

        6.1. Global silicon carbide market: Regional overview

            6.1.1. Global silicon carbide market volume share, by region, 2012 & 2019 (Kilo Tons) (USD Million)

        6.2. North America

            6.2.1. North America silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

            6.2.2. North America silicon carbide market revenue, by end user, 2011-2019 (USD Million)

            6.2.3. North America silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

            6.2.4. North America silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

        6.3. Europe

            6.3.1. Europe silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

            6.3.2. Europe silicon carbide market revenue, by end user, 2011-2019 (USD Million)

            6.3.3. Europe silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

            6.3.4. Europe silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

        6.4. Asia Pacific

            6.4.1. Asia Pacific silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

            6.4.2. Asia Pacific silicon carbide market revenue, by end user, 2011-2019 (USD Million)

            6.4.3. Asia Pacific silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

            6.4.4. Asia Pacific silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

        6.5. Rest of the World (RoW)

            6.5.1. RoW silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

            6.5.2. RoW silicon carbide market revenue, by end user, 2011-2019 (USD Million)

            6.5.3. RoW silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

            6.5.4. RoW silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

    7. Company Profiles

        7.1. AGSCO Corporation

            7.1.1. Company overview

            7.1.2. Financial overview

            7.1.3. Business strategy

            7.1.4. SWOT analysis

            7.1.5. Recent developments

        7.2. Carborundum Universal Ltd

            7.2.1. Company overview

            7.2.2. Financial overview

            7.2.3. Business strategy

            7.2.4. SWOT analysis

            7.2.5. Recent developments

        7.3. Entegris Inc.

            7.3.1. Company overview

            7.3.2. Financial overview

            7.3.3. Business strategy

            7.3.4. SWOT analysis

            7.3.5. Recent developments

        7.4. ESD-SIC b.v.

            7.4.1. Company overview

            7.4.2. Business strategy

            7.4.3. SWOT analysis

            7.4.4. Recent developments

        7.5. ESK-SIC GmbH

            7.5.1. Company overview

            7.5.2. Business strategy

            7.5.3. SWOT analysis

            7.5.4. Recent developments

        7.6. Gaddis Engineered Materials

            7.6.1. Company overview

            7.6.2. Business strategy

            7.6.3. SWOT analysis

        7.7. Grindwell Norton Ltd.

            7.7.1. Company Overview

            7.7.2. Financial Overview

            7.7.3. Business Strategies

            7.7.4. SWOT Analysis

            7.7.5. Recent Developments

        7.8. Norstel AB

            7.8.1. Company overview

            7.8.2. Business strategy

            7.8.3. SWOT analysis

            7.8.4. Recent developments

        7.9. Saint-Gobain Ceramics Materials GmbH

            7.9.1. Company overview

            7.9.2. Financial overview

            7.9.3. Business strategy

            7.9.4. SWOT analysis

            7.9.5. Recent developments

        7.10. Snam Abrasives Pvt. Ltd.

            7.10.1. Company overview

            7.10.2. Business strategy

            7.10.3. SWOT analysis

            7.10.4. Recent developments

        7.11. The Dow Chemical Company

            7.11.1. Company overview

            7.11.2. Financial overview

            7.11.3. Business strategy

            7.11.4. SWOT analysis

            7.11.5. Recent developments

        7.12. Timcal Ltd.

            7.12.1. Company overview

            7.12.2. Financial overview

            7.12.3. Business strategy

            7.12.4. SWOT analysis

            7.12.5. Recent developments

        7.13. Xiamen Powerway Advanced Material Company Limited

            7.13.1. Company overview

            7.13.2. Business strategy

            7.13.3. SWOT analysis

    List of Tables

    TABLE 1: Global silicon carbide market snapshot

    TABLE 2: Drivers for silicon carbide market: Impact analysis

    TABLE 3: Restraints for silicon carbide market: Impact analysis

    TABLE 4: Global demand for automobiles, 2010-2012 (Million Units)

    TABLE 5: Silicon carbide company landscape analysis

    TABLE 6: North America silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

    TABLE 7: North America silicon carbide market revenue, by end user, 2011-2019 (USD Million)

    TABLE 8: North America silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

    TABLE 9: North America silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

    TABLE 10: Europe silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

    TABLE 11: Europe silicon carbide market revenue, by end user, 2011-2019 (USD Million)

    TABLE 12: Europe silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

    TABLE 13: Europe silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

    TABLE 14: Asia Pacific silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

    TABLE 15: Asia Pacific silicon carbide market revenue, by end user, 2011-2019 (USD Million)

    TABLE 16: Asia Pacific silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

    TABLE 17: Asia Pacific silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

    TABLE 18: RoW silicon carbide market volume, by end user, 2011-2019 (Kilo Tons)

    TABLE 19: RoW silicon carbide market revenue, by end user, 2011-2019 (USD Million)

    TABLE 20: RoW silicon carbide market volume, by product segment, 2011-2019 (Kilo Tons)

    TABLE 21: RoW silicon carbide market revenue, by product segment, 2011-2019 (USD Million)

    List of Figures

    FIG. 1: Global silicon carbide market segmentation

    FIG. 2: Global silicon carbide market, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 3: Value chain analysis of global silicon carbide market

    FIG. 4: Global steel industry, by volume, 2010-2019 (Million Tons)

    FIG. 5: Global silicon carbide semiconductor device industry, by revenue, 2010-2019 (USD Million)

    FIG. 6: Silicon carbide market: Porter’s five force analysis

    FIG. 7: Silicon Carbide: Market Attractiveness Analysis

    FIG. 8: Global silicon carbide market volume share by product segment, 2012 & 2019

    FIG. 9: Global black silicon carbide market, by product segment, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 10: Global green silicon carbide market, by product segment, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 11: Global other silicon carbide market, by product segment, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 12: Global silicon carbide market shares, by end user, 2012 & 2019

    FIG. 13: Global steel & energy silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 14: Global automotives silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 15: Global aerospace & aviation silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 16: Global military & defense silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 17: Global electronics & semiconductors silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 18: Global medical and healthcare silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 19: Global other silicon carbide market, by end user, 2011-2019 (Kilo Tons) (USD Million)

    FIG. 20: Global silicon carbide market volume share, by region, 2012 & 2019

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Silicon Carbide (Black SiC, Green SiC) Market

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