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Silicon Carbide Market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies and
Forecasts, 2015 To 2020

Industry Insights:
Growing demand for steel processing and steel manufacturing along with recycling units is a key
factor expected to drive silicon carbide market over the next five years. Increasing applications
in major end-use industries including aerospace and aviation, electronics and semiconductor,
steel and energy, military and defence, and medical and healthcare is anticipated to augment
global silicon carbide market growth in near future. Silicon carbide also finds application in
automotive industry. Growing automotive industry in china is likely to boost the market demand
in Asia Pacific region over the foreseeable future. Silicon carbide is produced synthetically and
posses properties such as oxidation resistance, low density, high strength, high temperature
strength, high thermal shock resistance, low thermal expansion, and good chemical resistance.
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Product Insights:
Based on products, silicon carbide is segmented into types such as black, green, coated,
refractory, metallurgical briquettes, metallurgical, and micro grit. Among all, green and black are
the major product segments and are anticipated to experience stagnant growth in near future.
Demand for black silicon carbide is likely to boost over the forecast period on account of its
increasing usage in ceramic, refractory and steel industries.
End-Use Insights:
Steel and energy dominates the application segment and is expected to be the fastest growing
segments over the foreseeable future. Silicon carbide finds application in abrasive cloths and
paper products and in grinding wheels owing to its superior properties such as high thermal
resistance, hardness, and high temperature strength. Substituting pure silicon with silicon
carbide in semiconductors is a key factor expected to drive the demand for silicon carbide in
semiconductor and electronics industry. Electronics devices manufactured using silicon carbide
reduces electricity losses owing to switching and conduction thereby offering high efficiency.
This factor is anticipated to impact the market positively over the foreseeable future. Silicon
carbide also finds application in automotive industry as an oil additive and ceramic brake discs.
Growing automotive sector across the globe is expected to augment the market growth in near
future.
Regional Insights:
Asia Pacific was the dominant regional market in 2014 and is expected to experience significant
growth over the next five years owing to growing steel and energy industry in the region.
Growing electronics and semiconductors market is anticipated to have positive impact on the
market in Asia Pacific region. Automotive industry has been witnessing rapid growth
particularly in China is expected to be the major factor driving the market growth in the region
over the foreseeable future. Rapid industrialization and increasing infrastructure spending in the
region is further likely to boost silicon carbide market in near future. North America silicon
carbide market is anticipated to witness rapid growth on account of growing medical and
healthcare industry in the region. Furthermore, growing military and defence industry in U.S. is
likely to complement the market growth in North America region. Increase in healthcare
spending by regional government is projected to drive silicon carbide market in Europe region.
Competitive Insights:
Global silicon carbide market is fairly concentrated in nature. Some key players operating in the
global market include Dow Chemical Company, Entegris Inc., AGSCO Corporation,

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Carborundum Universal, ESK-SIC Gmbh, ESD-SIC, Gaddis Engineered Materials, and
Grindwell Norton among others.
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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
3.2 Green Silicon Carbide
3.3 Others
Chapter 4 Silicon Carbide End-Use Outlook
4.1 Steel and Energy
4.2 Automotives
4.3 Aerospace and Aviation
4.5 Electronics and Semiconductors
4.6 Medical and Healthcare
4.7 Others
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Chapter 5 Silicon Carbide Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 RoW
Chapter 6 Silicon carbide Competitive Landscape
6.1 AGSCO Corporation
6.2 Carborundum Universal Ltd
6.3 Dow Chemical Company
6.4 Entegris Inc
6.5 ESD-SIC b.v
6.6 ESK-SIC GmbH
6.7 Gaddis Engineered Materials
6.8 Grindwell Norton Ltd
Chapter 7 Methodology & Scope
7.1 Research Methodology
7.2 Research Scope & Assumptions
7.3 List of Data Sources
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