SIC Powder Market Report 2025 (Global Edition)

Global SIC Powder Market Report 2024 Market Size Split by Purity Outlook: (2N, 3N, 4N, >5N), by Application Outlook: (Sintered Part, Abrasive, Filling Material, SiC Wafer, Other), by End Use industry ...

SIC Powder Market Report Description

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SIC Powder Market Insights Video

Competitive Landscape of the SIC Powder Market

The SiC powder market is highly competitive, with a mix of established players and emerging companies vying to meet the growing demand from high-tech industries. Leading companies, such as Saint-Gobain, Dow, and AGSCO Corporation, dominate the market due to their extensive expertise, robust distribution networks, and R&D capabilities that enable them to produce high-purity, high-quality SiC powder suitable for critical applications.

In January 2024, Infineon Technologies AG. announced the expansion of the wafer supply agreement, worth USD 20 billion, with Wolfspeed, Inc. In this agreement Infineon will supply SiC 150 mm wafer to Wolfspeed to manufacture SiC devices. (Source: https://www.wolfspeed.com/company/news-events/news/infineon-and-wolfspeed-expand-and-extend-multi-year-silicon-carbide-sic-150mm-wafer-supply-agreement/) In July 2023, Semiconductor Components Industries, LLC and BorgWarner Inc. announced a strategic collaboration, worth -USD 1 billion, to deliver SiC based innovative and sustainable mobility solutions. Under this collaboration, BorgWarner plans to integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power modules. (Source: https://investor.onsemi.com/node/20746/pdf)

Top Companies Market Share in SIC Powder Industry: (In no particular order of Rank)

• Hongwu International
• Fiven
• Washington Mills
• Jicheng Advanced Ceramics
• Shin-Etsu Chemical
• Pacific Rundum
• Höganäs
• Fujimi
• Hefei Kaier Nano Energy Technology
• Hefei ZhongHang Namometer Technology Development
• Nanomakers
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the SIC Powder Market

Which Region Dominates the SIC Powder Market in 2024?

According to Cognitive Market Research, North America dominates the SiC powder market due to its strong industrial base, particularly in the automotive, electronics, and aerospace sectors, where SiC powder is extensively used for high-performance components. The region's increasing focus on electric vehicles (EVs), renewable energy, and advanced electronics further drives the demand for SiC due to its superior thermal and electrical properties.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is the fastest-growing region in the SiC powder market due to rapid industrialization, particularly in countries like China, Japan, and South Korea. The region's strong manufacturing base and growing demand for electric vehicles (EVs), power electronics, and renewable energy systems are key drivers. The adoption of SiC powder in these sectors is increasing because of its superior performance in high-temperature and high-voltage applications.

The current report Scope analyzes SIC Powder Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America SIC Powder

As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America SIC Powder industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top North America countries for 2025,Mexico (xx%), Canada (xx%), United States (xx%)

According to Cognitive Market Research, the global SIC Powder market size was estimated at USD 81.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 32.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the SIC Powder market with a market size of USD 25.72million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. The U.S. market's increasing demand across various industries such as electronics, automotive, and energy.
• The Canada SIC Powder market had a market share of USD 3.91million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Canada’s increasing demand across various industries such as electronics, automotive, and energy.
• The Mexico SIC Powder market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 2.97 million in 2024.

Europe SIC Powder

As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe SIC Powder industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Europe countries for 2025,Italy (xx%), Germany (xx%), France (xx%), Spain (xx%), United Kingdom (xx%), Russia (xx%), Rest of Europe (xx%)

According to Cognitive Market Research, the global SIC Powder market size was estimated at USD 81.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 24.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.

• The United Kingdom SIC Powder market had a market share of USD 4.11million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. In the UK, SIC Powder sales witness an upswing due to the focus on sustainability and technological advancements.
• The France SIC Powder market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 2.25million in 2024.
• According to Cognitive Market Research, the German SIC Powder market size was valued at USD 4.84million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. In Germany, SIC Powder surged due to the focus on sustainability and technological advancements.
• The Italy SIC Powder market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 2.10million in 2024.
• The Russia SIC Powder market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 3.79million in 2024.
• The Spain SIC Powder market is projected to witness growth at a CAGR of 4.1%during the forecast period with a market size of USD 2.00million in 2024
• The Luxembourg SIC Powder market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 0.76 million in 2024.
• The Portugal SIC Powder market is projected to witness growth at a CAGR of 4.8%during the forecast period, with a market size of USD 0.51million in 2024.
• The Greece SIC Powder market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 0.29 million in 2024.
• The Rest of Europe's SIC Powder market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 3.79 million in 2024.

Asia Pacific SIC Powder

As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific SIC Powder industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (xx%), Australia (xx%), India (xx%), Korea (xx%), Japan (xx%), Rest of APAC (xx%)

According to Cognitive Market Research, the global SIC Powder market size was estimated at USD 81.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 18.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.

• According to Cognitive Market Research, the China SIC Powder market size was valued at USD 8.44 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. SIC Powder surged in China due to rapid industrialization and technological advancements.
• The Japan SIC Powder market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 2.59million in 2024.
• The India SIC Powder market had a market share of USD 2.25 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. India's rapid industrialization and technological advancements.
• The South Korean SIC Powder market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 1.87 million in 2024.
• The Australian SIC Powder market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 0.97 million in 2024.
• The South East Asia SIC Powder market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 1.29 million in 2024.
• The Rest of Asia Pacific SIC Powder market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 1.33 million in 2024.

South America SIC Powder

As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America SIC Powder industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top South America countries for 2025,Argentina (xx%), Brazil (xx%), Chile (xx%), Peru (xx%), Colombia (xx%), Rest of South America (xx%)

According to Cognitive Market Research, the global SIC Powder market size was estimated at USD 81.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 4.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil SIC Powder market size was valued at USD 1.74 million in 2024 and is projected to grow at a CAGR of 6.5%during the forecast period. SIC Powders flourished in Brazil due to growing automotive, electronics, and energy sectors, coupled with expanding infrastructure projects.
• Argentina's SIC Powder market had a market share of USD 0.68 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. Argentina's growing automotive, electronics, and energy sectors, coupled with expanding infrastructure projects.
• Colombia SIC Powder market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.36 million in 2024.
• Peru SIC Powder market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 0.33 million in 2024.
• Chile SIC Powder market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 0.29million in 2024.
• The Rest of Latin America's SIC Powder market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 0.66 million in 2024.

Middle East and Africa SIC Powder

As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa SIC Powder industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR. If we look at the percentage market shares of top Middle East and Africa countries for 2025,South Africa (xx%), Egypt (xx%), Nigeria (xx%), GCC Countries (xx%), Turkey (xx%), Rest of MEA (xx%)

According to Cognitive Market Research, the global SIC Powder market size was estimated at USD 81.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031..

• The GCC Countries SIC Powder market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 0.70 million in 2024. SIC Powder sales flourish due to the expanding industrial base and increasing investments in infrastructure.
• The Egypt SIC Powder market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 0.17million in 2024.
• The South Africa SIC Powder market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.26 million in 2024. SIC Powder sales flourished in South Africa due to expanding industrial base and increasing investments in infrastructure.
• The Turkey SIC Powder market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.14 million in 2024.
• The Nigeria SIC Powder market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 0.17 million in 2024.
• The Rest of the MEA SIC Powder market is projected to witness growth at a CAGR of 5.2%during the forecast period, with a market size of USD 0.19 million in 2024.

SIC Powder Market Analysis

How are Segments Performing in the Global SIC Powder Market?

SIC Powder Market Purity Segment Analysis

According to Cognitive Market Research, 4N purity segment holds the largest share of the SIC (Silicon Carbide) powder market due to its broad applicability in industries like semiconductors, abrasives, and automotive manufacturing. This purity level ensures high performance, which is crucial for the production of advanced electronic devices and high-strength materials. The superior characteristics of 4N purity, including better thermal conductivity and electrical properties, drive its dominance in the market.

The >5N purity segment is the fastest-growing category in the SIC powder market. As technology advances, there is increasing demand for ultra-high purity materials, particularly in the production of high-performance electronics, LEDs, and photovoltaic systems. The push for more efficient, reliable, and energy-efficient devices is propelling growth in this segment, as >5N purity offers superior material properties essential for next-generation applications.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of SIC Powder Industry. Request a Free Sample PDF!

SIC Powder Market Application Segment Analysis

According to Cognitive Market Research, the abrasive segment dominates the SIC powder market due to Silicon Carbide's exceptional hardness, making it ideal for use in cutting, grinding, and polishing applications. SIC powder is commonly used in manufacturing abrasives for industrial tools, automotive parts, and construction materials. Its widespread adoption across various industries, including manufacturing and metallurgy, has solidified its position as the largest application segment in the market.

The SiC wafer segment is the fastest-growing in the SIC powder market, driven by the increasing demand for high-performance semiconductors. Silicon Carbide wafers are critical for power electronics used in electric vehicles, renewable energy systems, and industrial applications. With the rapid shift toward energy-efficient technologies and electric mobility, SiC wafers are becoming increasingly essential, fueling the segment's growth at an accelerated pace.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

SIC Powder End Use industry Outlook: Segment Analysis

SIC Powder Market End Use industry Segment Analysis

According to Cognitive Market Research, The metal industry is the dominant segment in the SIC powder market due to Silicon Carbide’s excellent thermal conductivity, wear resistance, and hardness, making it ideal for applications in metal casting, foundries, and steel production. SIC powder is extensively used for manufacturing cutting tools, grinding wheels, and refractory materials in the metal industry. Its ability to withstand extreme conditions has led to its widespread use, securing its position as the largest end-use segment in the market.

The electronics industry is the fastest-growing segment in the SIC powder market, driven by the increasing adoption of Silicon Carbide in power electronics, semiconductors, and electronic devices. As the demand for energy-efficient and high-performance devices such as electric vehicles, renewable energy systems, and advanced consumer electronics rises, the use of SIC powder in producing semiconductors and components for high-voltage, high-temperature applications is expanding rapidly.

• Metal Industry
• Automobile Industry
• Aerospace
• Machine Made
• Electronics Industry
• Others

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion