Silicon Carbide Market Analysis By Product (Black Silicon Carbide, Green Silicon Carbide), By End-use (Steel & Energy, Automotive, Aerospace & Aviation, Military & Defense, Medical & Healthcare, Electronics & Semiconductors) And Segment Forecasts To 2020

Published: Jun, 2014 | Pages: 75 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)

Global Silicon Carbide Market By Product (Black Silicon Carbide, Green Silicon Carbide) By End-use (Steel & Energy, Aerospace & Aviation, Military & Defense, Medical & Healthcare, Electronics & Semiconductors) Expected To Reach USD 4.49 Billion By 2020
June 2014
The global market for silicon carbide is expected to reach USD 4.49 billion by 2020. Positive outlook on steel manufacturing, for which SiC is used as a deoxidizing agent is expected to drive silicon carbide demand. In addition, silicon carbide is an essential element in the manufacturing of semiconductors which is expected to witness significant growth over the next six years. Revitalizing automobile industry, especially in Asia Pacific, is also expected boost the demand for silicon carbide.

Steel and energy were the largest end use application segments for SiC, accounting for 302 kilo tons of total demand in 2013. Increasing demand for steel and energy in emerging markets of India and China, driven by infrastructure development, is expected to be a key factor for demand growth over the forecast period. Silicon carbide is also extensively used in electronics and semiconductors applications, owing to its superior properties, that accounted for over 255 kilo tons of demand in 2013.

Further key findings from the study suggest:

Global silicon carbide demand was 1,060.1 Kilo tons in 2013 and is expected to reach 2,769.0 Kilo tons by 2020, growing at a CAGR of 15.2% from 2014 to 2020.
Black silicon carbide is most dominant product, with demand estimated at 745 6 Kilo tons in 2013 due to its wider application scope in comparison to other forms of silicon carbide.
Asia Pacific was the largest regional market for silicon carbide, with revenue exceeding USD 870 million in 2013. The presence of key end user industries such as steel and automotive is expected to boost demand in the region. In addition, the region is also expected to witness fastest growth, at an estimated CAGR of 16.8% from 2014 to 2020.
Medical and healthcare end use application is expected to witness fastest growth at an estimated CAGR of 16.5% from 2014 to 2020. Increasing demand for advanced medical and healthcare in countries such as India, China, and Japan is expected to drive demand in this application.
Key Companies in the market include AGSCO Corporation, Dow Chemical Company, Saint-Gobain Ceramics Materials GmbH, ESD-SIC b.v, Grindwell Norton Ltd.
For the purpose of this study, Grand View Research has segmented the global silicon carbide market on the basis of product, end use application and region:

     Silicon Carbide Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
             Black Silicon Carbide
             Green Silicon Carbide
             Others (Coated SiC, Refractory SiC, Metallurgical and Metallurgical Briquettes, SiC Micro Grit)
     Silicon Carbide End Use Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
             Steel & Energy
             Automotive
             Aerospace & Aviation
             Military & Defence
             Medical & Healthcare
             Electronics & Semiconductors
             Others 
     Silicon Carbide Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
             North America 
             Europe 
             Asia Pacific 
             RoW

 Table of Contents
Chapter 1 Executive Summary

                1.1 Silicon Carbide - Industry Summary & Critical Success Factors (CSFs)          

Chapter 2 Silicon Carbide Industry Outlook                                                  

                2.1 Market Segmentation                                          

                2.2 Market Size and Growth Prospects

                2.3 Silicon Carbide Value Chain Analysis                                         

                2.4 Silicon Carbide Market Dynamics

                    2.4.1 Market driver analysis

                        2.4.1.1 Growing demand from steel and energy

                        2.4.1.2 Growing semiconductor and electronics industry

                    2.4.2 Market restraint analysis

                        2.4.2.1 Cost issues                                         

                2.5 Key Opportunities Prioritized                                           

                2.6 Industry Analysis - Porter's

                2.7 Silicon Carbide - Company Market Share Analysis

                2.8 Silicon Carbide - PESTEL Analysis         

Chapter 3 Silicon Carbide Product Outlook                                                  

                3.1 Black Silicon Carbide

                    3.1.1. Global Silicon carbide demand in black silicon carbide, 2012-2020, (Kilo Tons), (USD million)

                3.2 Green Silicon Carbide

                    3.2.1 Global Silicon carbide demand in green silicon carbide, 2012-2020, (Kilo Tons), (USD million)

                3.3 Others

                    3.3.1 Global Silicon carbide demand from others, 2012-2020, (Kilo Tons), (USD million)

Chapter 4 Silicon Carbide End-Use Outlook                                                 

                4.1 Steel and Energy

                    4.1.1. Global demand from steel and energy, 2012-2020, (Kilo Tons), (USD million)

                4.2 Automotives

                    4.2.1. Global demand from Automotives, 2012-2020, (Kilo Tons), (USD million)

                4.3 Aerospace and Aviation

                    4.3.1. Global demand from aerospace and aviation, 2012-2020, (Kilo Tons), (USD million)

                4.4 Military and Defense

                    4.4.1. Global demand from military and defense, 2012-2020, (Kilo Tons), (USD million)

                4.5 Electronics and Semiconductors

                    4.5.1. Global demand from electronics and semiconductors, 2012-2020, (Kilo Tons), (USD million)

                4.6 Medical and Healthcare

                    4.6.1. Global demand from medical and healthcare, 2012-2020, (Kilo Tons), (USD million)

                4.7 Others

                    4.7.1. Global demand from others, 2012-2020, (Kilo Tons), (USD million)

Chapter 5 Silicon Carbide Regional Outlook

                5.1 North America

                    5.1.1. Market volume & revenue by Product, 2012-2020 (Kilo Tons), (USD million)

                    5.1.2. Market volume & revenue by End-use, 2012-2020 (Kilo Tons), (USD million)

                5.2 Europe

                    5.2.1. Market volume & revenue by Product, 2012-2020 (Kilo Tons), (USD million)

                    5.2.2. Market volume & revenue by End-use, 2012-2020 (Kilo Tons), (USD million)

                5.3 Asia Pacific

                    5.3.1. Market volume & revenue by Product, 2012-2020 (Kilo Tons), (USD million)

                    5.3.2. Market volume & revenue by End-use, 2012-2020 (Kilo Tons), (USD million)

                5.4 RoW

                    5.4.1 Market volume & revenue by Product, 2012-2020 (Kilo Tons), (USD million)

                    5.4.2 Market volume & revenue by End-use, 2012-2020 (Kilo Tons), (USD million)

Chapter 6 Silicon carbide Competitive Landscape

                6.1 AGSCO Corporation

                    6.1.1 Company Overview

                    6.1.2 Financial Performance

                    6.1.3 Product Benchmarking

                    6.1.4 Strategic Initiatives

                6.2 Carborundum Universal Ltd

                    6.2.1 Company Overview

                    6.2.2 Financial Performance

                    6.2.3 Product Benchmarking

                    6.2.4 Strategic Initiatives

                6.3 Dow Chemical Company

                    6.3.1 Company Overview

                    6.3.2 Financial Performance

                    6.3.3 Product Benchmarking

                    6.3.4 Strategic Initiatives

                6.4 Entegris Inc

                    6.4.1 Company Overview

                    6.4.2 Financial Performance

                    6.4.3 Product Benchmarking

                    6.4.4 Strategic Initiatives

                6.5 ESD-SIC b.v

                    6.5.1 Company Overview

                    6.5.2 Financial Performance

                    6.5.3 Product Benchmarking

                    6.5.4 Strategic Initiatives

                6.6 ESK-SIC GmbH

                    6.6.1 Company Overview

                    6.6.2 Financial Performance

                    6.6.3 Product Benchmarking

                    6.6.4 Strategic Initiatives

                6.7 Gaddis Engineered Materials

                   6.7.1 Company Overview

                    6.7.2 Financial Performance

                    6.7.3 Product Benchmarking

                    6.7.4 Strategic Initiatives

                6.8 Grindwell Norton Ltd

                    6.8.1 Company Overview

                    6.8.2 Financial Performance

                    6.8.3 Product Benchmarking

                    6.8.4 Strategic Initiatives

                6.9 Saint-Gobain Ceramics Materials GmbH

                    6.9.1 Company Overview

                    6.9.2 Financial Performance

                    6.9.3 Product Benchmarking

                    6.9.4 Strategic Initiatives

                6.10 Snam Abrasives Pvt. Ltd

                    6.10.1 Company Overview

                    6.10.2 Financial Performance

                    6.10.3 Product Benchmarking

                    6.10.4 Strategic Initiatives                         

Chapter 7 Methodology & Scope                                          

                7.1 Research Methodology                                       

                7.2 Research Scope & Assumptions                                     

                7.3 List of Data Sources                                            


List of Tables


Silicon Carbide - Industry Summary & Critical Success Factors (CSFs)
Global Silicon Carbide market volume andrevenue, 2012 - 2020
Silicon Carbide - Key driver analysis
Silicon Carbide - Key restraint analysis
Global Silicon Carbide demand in Black silicon carbide, (volume & revenue), 2012-2020
Global Silicon Carbide demand in Black silicon carbide, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand in Green silicon carbide, (volume & revenue), 2012-2020
Global Silicon Carbide demand in Green silicon carbide, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand in others, (volume & revenue), 2012-2020
Global Silicon Carbide demand in others, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from steel and energy, (volume & revenue), 2012-2020
Global Silicon Carbide demand from steel and energy, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from automotive, (volume & revenue), 2012-2020
Global Silicon Carbide demand from automotive, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from aerospace and aviation, (volume & revenue), 2012-2020
Global Silicon Carbide demand from aerospace and aviation, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from military and defense, (volume & revenue), 2012-2020
Global Silicon Carbide demand from military and defense, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from electronics and semiconductors, (volume & revenue), 2012-2020
Global Silicon Carbide demand from electronics and semiconductors, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from medical and healthcare, (volume & revenue), 2012-2020
Global Silicon Carbide demand from medical and healthcare, by region, (volume & revenue), 2012-2020
Global Silicon Carbide demand from others, (volume & revenue), 2012-2020
Global Silicon Carbide demand from others, by region, (volume & revenue), 2012-2020
North America Silicon carbide market volume, by product, 2012 - 2020 (Kilo Tons)   
North America Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
North America Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo Tons)  
North America Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
Europe Silicon carbide market volume, by product, 2012 - 2020 (Kilo Tons) 
Europe Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
Europe Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo Tons) 
Europe Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
Asia Pacific Silicon carbide market volume, by product, 2012 - 2020 (Kilo tons)       
Asia Pacific Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
Asia Pacific Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo tons)      
Asia Pacific Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)
RoW Silicon carbide market volume, by product, 2012 - 2020 (Kilo Tons)    
RoW Silicon carbide market revenue, by product, 2012 - 2020 (USD Million)
RoW Silicon carbide market volume, by end-use, 2012 - 2020 (Kilo Tons)    
RoW Silicon carbide market revenue, by end-use, 2012 - 2020 (USD Million)

List of Figures

Silicon Carbide market segmentation
Global Silicon Carbide market (Volume &Revenue), 2012 - 2020
Silicon Carbide - Value chain analysis
Silicon Carbide - Market dynamics
Silicon Carbide - Company market share analysis, 2013
Key opportunities prioritized
Industry analysis - Porter's
Silicon Carbide PESTEL analysis, 2013
Global Silicon Carbide market volume share, by product, 2013& 2020
Global Silicon Carbide demand in Black silicon carbide, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand in Green silicon carbide, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand in others, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from steel and energy, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from automotive, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from aerospace and aviation, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from military and defense, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from electronics and semiconductors, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from medical and healthcare, (volume & revenue), 2012 - 2020
Global Silicon Carbide demand from others, (volume & revenue), 2012 - 2020
North America Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons), (USD million)         
Europe Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons), (USD million)
Asia Pacific Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons), (USD million)
RoW Silicon Carbide market estimates and forecast, 2012 - 2020 (Kilo Tons), (USD million)