Global Silicon Carbide Powder
Market Report
2025
Silicon Carbide Powder market size is USD 79.6 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Silicon Carbide Powder market size is USD 79.6 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Silicon Carbide Powder Market Sales Revenue | 121212 | $ 79.6 Million | 121212 | 121212 | 121212 | 6% |
North America Silicon Carbide Powder Market Sales Revenue | 121212 | $ 31.84 Million | 121212 | 121212 | 121212 | 4.2% |
Europe Silicon Carbide Powder Market Sales Revenue | 121212 | $ 23.88 Million | 121212 | 121212 | 121212 | 4.5% |
Asia Pacific Silicon Carbide Powder Market Sales Revenue | 121212 | $ 18.31 Million | 121212 | 121212 | 121212 | 8% |
South America Silicon Carbide Powder Market Sales Revenue | 121212 | $ 3.98 Million | 121212 | 121212 | 121212 | 5.4% |
Middle East and Africa Silicon Carbide Powder Market Sales Revenue | 121212 | $ 1.59 Million | 121212 | 121212 | 121212 | 5.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Product |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Silicon Carbide Powder industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Silicon Carbide Powder Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Silicon carbide powder is a compound made up of silicon and carbon, with chemical formula SiC. It is a versatile material with a wide range of applications due to its excellent properties, including high thermal conductivity, low thermal expansion, high strength, and excellent abrasion and corrosion resistance. Silicon carbide powder is widely used in industries such as electronics, automotive, aerospace, and energy, among others. With the increasing focus on sustainable transportation, the demand for electric vehicles (EVs) is on the rise. Silicon carbide powder is used in EV components such as power electronics and battery systems due to its high thermal conductivity and efficiency, driving its demand in the automotive sector.
The global shift towards renewable energy sources such as solar and wind power is driving the demand for silicon carbide powder. It is used in the production of photovoltaic inverters, which convert DC power generated by solar panels into AC power for use in households and industries. The high efficiency and reliability of silicon carbide-based inverters make them ideal for renewable energy applications, leading to increased demand for powder solutions.
In September 2022, SK Siltron, a global maker of semiconductor wafers, announced that it would invest USD 1.65 bn by 2026 and allocate USD 0.7 bn to build new wafer manufacturing in Gumi National Industrial Complex.
(Source: https://pulsenews.co.kr/view.php?year=2022&no=865196)
The rise in environmental concerns and the push towards sustainable transportation solutions are key drivers propelling the Silicon Carbide Powder Market forward. Silicon carbide (SiC) is extensively utilized in the production of power electronics and semiconductors for electric vehicles. As the automotive industry transitions towards electrification to reduce carbon emissions and dependence on fossil fuels, the demand for SiC powder as a critical component in EV powertrains and charging infrastructure is witnessing significant growth. SiC-based power devices offer higher efficiency, faster switching speeds, and improved thermal performance compared to traditional silicon-based components, making them essential for enhancing the performance and range of electric vehicles. With governments worldwide implementing stringent emissions regulations and offering incentives to promote EV adoption, the Silicon Carbide Powder Market is poised to experience robust growth in the coming years.
Another key driver in the Silicon Carbide Powder Market is the rapid expansion of the renewable energy sector, particularly in solar power generation. Silicon carbide is a crucial material in the production of photovoltaic (PV) cells and inverters used in solar panels. The inherent properties of SiC, such as high thermal conductivity, low power losses, and resistance to high temperatures and harsh environmental conditions, make it an ideal choice for manufacturing solar PV components. With increasing global efforts to mitigate climate change and transition towards renewable energy sources, the demand for silicon carbide powder in the solar industry is witnessing steady growth. Moreover, advancements in SiC technology, coupled with decreasing manufacturing costs, are further driving the adoption of SiC-based solutions in the solar energy sector, thereby contributing to the overall expansion of the Silicon Carbide Powder Market.
One of the primary restraints affecting the Silicon Carbide Powder Market is the complexity and challenges associated with the manufacturing processes of silicon carbide powder. Silicon carbide production involves high-temperature processing and intricate synthesis methods, leading to significant energy consumption and production costs. Additionally, the production of high-quality SiC powder requires precise control over various parameters, such as temperature, pressure, and raw material composition, which can pose technical challenges and increase production variability. These complexities in manufacturing often result in supply chain disruptions, inconsistency in product quality, and limited production capacities, thereby hampering the overall growth of the market. Furthermore, the scarcity of skilled labor and expertise in SiC powder manufacturing further exacerbates these challenges, making it difficult for market players to meet the escalating demand for silicon carbide powder across various end-use industries.
The Covid-19 pandemic had a mixed impact on the Silicon Carbide Powder Market. Initially, the market experienced disruptions in the supply chain due to lockdowns and restrictions imposed to contain the virus's spread. This led to delays in production and shipment of silicon carbide powder, affecting various industries reliant on this material. However, as the pandemic progressed, the market witnessed increased demand from sectors such as electronics, automotive, and renewable energy, driving the market growth. The surge in demand was primarily attributed to the growing adoption of electric vehicles, renewable energy systems, and power electronics, where silicon carbide powder is a critical component.
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Silicon carbide powder market is highly competitive, with key players focusing on innovation and product development to gain a competitive edge. Collaboration with end-users and a strong emphasis on quality and customer service are also key strategies adopted by players in the market.
In November 2021, Qorvo, a U.S.-based semiconductor company, acquired UnitedSiC, a U.S.-based manufacturer of silicon carbide power semiconductors. The deal broadens Qorvo's presence into fast-growing areas such as circuit protection, electric vehicles (EVs), renewables, industrial power, and data center power.
Top Companies Market Share in Silicon Carbide Powder Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America's dominance in the Silicon Carbide Powder Market can be attributed to several factors. The region boasts a well-established industrial sector, particularly in the automotive and electronics industries, which are significant consumers of silicon carbide powder. Additionally, the presence of major manufacturers and suppliers in North America enhances the availability of silicon carbide powder, contributing to its dominance in the market. Moreover, the region's focus on technological advancements and innovation drives the demand for silicon carbide powder in various applications, further consolidating North America's position as the leading market for silicon carbide powder.
Asia-Pacific stands out as the fastest-growing region in the Silicon Carbide Powder market due to several compelling reasons. The region is witnessing significant industrial expansion, particularly in emerging economies like China and India, where there is a growing demand for silicon carbide powder in industries such as automotive, electronics, and metallurgy. Additionally, the increasing focus on renewable energy sources like solar power is driving the demand for silicon carbide powder in the production of photovoltaic cells. Furthermore, the availability of raw materials and the presence of a skilled workforce in the region are contributing to its growth in the Silicon Carbide Powder Market.
The current report Scope analyzes Silicon Carbide 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
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According to Cognitive Market Research, the global Silicon Carbide Powder market size was estimated at USD 79.6 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 31.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.In the North America region, the silicon carbide powder market exhibits a promising trajectory, driven by several factors. Firstly, the region's robust manufacturing sector, particularly in automotive, aerospace, and electronics industries, contributes significantly to the demand for silicon carbide powder. Segmentation analysis reveals a diverse application landscape for silicon carbide powder in North America. The market caters to various sectors, including automotive, electronics, metallurgy, and refractories. In conclusion, the North America silicon carbide powder market shows promising growth prospects, driven by robust industrial activities and diverse application segments. The region's emphasis on technological advancements and sustainability initiatives further propels market expansion.
According to Cognitive Market Research, the global Silicon Carbide Powder market size was estimated at USD 79.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 23.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.In the European region, the silicon carbide powder market is poised for steady growth, driven by several factors. The region's focus on sustainability and environmental regulations has led to increased demand for silicon carbide powder in industries such as automotive, electronics, and renewable energy. Segmentation analysis reveals a diverse application landscape for silicon carbide powder in Europe. The market caters to various sectors, including metallurgy, ceramics, abrasives, and refractories. In conclusion, the Europe silicon carbide powder market shows promising growth prospects, fueled by the region's strong emphasis on innovation and sustainability. The market is expected to witness increased demand from various industries, supported by technological advancements and growing environmental concerns.
According to Cognitive Market Research, the global Silicon Carbide Powder market size was estimated at USD 79.6 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 18.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031. In the Asia Pacific region, the silicon carbide powder market is witnessing substantial growth, driven by several factors. The region's expanding industrial sector, particularly in countries like China, India, and Japan, is fueling the demand for silicon carbide powder. Segmentation analysis reveals a diverse application landscape for silicon carbide powder in the Asia Pacific region. The market serves various industries, including metallurgy, electronics, ceramics, and refractories. In conclusion, the Asia Pacific silicon carbide powder market is poised for significant growth, driven by the region's rapid industrialization and increasing focus on renewable energy. The market is expected to witness robust demand from various sectors, supported by technological advancements and government initiatives.
According to Cognitive Market Research, the global Silicon Carbide Powder market size was estimated at USD 79.6 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 3.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. In the Latin America region, the silicon carbide powder market exhibits a promising growth trajectory, driven by several key factors. The region's expanding automotive and aerospace industries, coupled with the growing demand for electronic devices, are driving the need for silicon carbide powder. Segmentation analysis of the Latin America silicon carbide powder market reveals diverse application areas, including sintered parts, filling material, and others. Each application segment presents unique growth opportunities, catering to the specific requirements of various industries in the region. In conclusion, the Latin America silicon carbide powder market is poised for significant growth in the foreseeable future, driven by the region's evolving industrial landscape and increasing adoption of advanced technologies.
According to Cognitive Market Research, the global Silicon Carbide Powder market size was estimated at USD 79.6 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. In the Middle East and Africa (MEA) region, the silicon carbide powder market is poised for steady growth, driven by several key factors unique to the region. The region's focus on renewable energy sources, such as solar power, is boosting the adoption of silicon carbide powder in the production of photovoltaic cells. Segmentation analysis of the MEA silicon carbide powder market reveals a diverse range of applications, including sintered parts, filling material, and others. Each application segment presents specific growth opportunities, catering to the varying demands of different industries in the region. In conclusion, the MEA silicon carbide powder market shows promising growth prospects, driven by the region's evolving industrial landscape and increasing focus on sustainable technologies.
Global Silicon Carbide Powder Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Silicon Carbide Powder Industry growth. Silicon Carbide Powder market has been segmented with the help of its Type, Product Application, and others. Silicon Carbide Powder market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category is the Sub-micron SiC (0.1-1Apm) segment. This category is characterized by its wide range of applications across industries such as electronics, automotive, and aerospace. The sub-micron SiC powder offers superior properties such as high strength, thermal conductivity, and resistance to wear and corrosion, making it ideal for use in advanced ceramics, abrasives, and refractories. Additionally, the increasing demand for high-performance materials in various end-use industries is driving the growth of the sub-micron SiC segment.
The fastest-growing category in the silicon carbide powder market is the Nano SiC (No More Than 100nm) segment. Nano SiC powder is gaining traction due to its unique properties, including high surface area, enhanced chemical reactivity, and improved mechanical properties. The nano SiC powder finds applications in advanced materials, nanocomposites, and biomedical applications. The growing focus on nanotechnology and the increasing demand for high-performance materials in various industries are driving the growth of the nano SiC segment.
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According to Cognitive Market Research, the dominant category is the black silicon carbide powder segment. Black silicon carbide powder is widely used in abrasive applications due to its excellent hardness, sharp edges, and high cutting efficiency. It finds extensive usage in abrasive blasting, grinding, and polishing applications across industries such as automotive, aerospace, and metallurgy. The dominance of the black silicon carbide powder segment can be attributed to its superior abrasive properties, including high abrasion resistance and durability.
The fastest-growing category in the silicon carbide powder market is the green silicon carbide powder segment. Green silicon carbide powder offers unique properties such as high thermal conductivity, low thermal expansion, and excellent electrical conductivity. It is widely used in applications requiring high precision and fine finishing, such as semiconductor wafer slicing, precision machining, and optical components manufacturing. The fastest growth of the green silicon carbide powder segment is attributed to the rising demand for advanced materials in electronics, photovoltaics, and renewable energy sectors.
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According to Cognitive Market Research, the dominant category is the sintered parts segment. Silicon carbide powder is widely used as a raw material in the production of sintered parts, such as mechanical seals, bearings, and cutting tools. The sintering process involves compacting the silicon carbide powder at high temperatures and pressures, resulting in a dense and durable material with excellent mechanical properties. The dominance of the sintered parts segment is driven by the increasing demand for high-performance and wear-resistant components in various industries, including automotive, aerospace, and machinery.
The fastest-growing category in the silicon carbide powder market is the filling material segment. Silicon carbide powder is used as a filling material in various applications, including refractory linings, ceramic composites, and metal matrix composites. The use of silicon carbide powder as a filling material enhances the mechanical properties, thermal conductivity, and wear resistance of the final products. The fastest growth of the filling material segment is driven by the increasing demand for high-performance materials in industries such as metallurgy, electronics, and aerospace.
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Type | Nano SiC (No More Than 100nm), Sub-micron SiC (0.1-1Apm), Other (1-100 Apm) |
Product | Black Silicon Carbide Powder, Green Silicon Carbide Powder |
Application | Sintered Parts, Filling Material, Others |
List of Competitors | Fiven ASA, AGSCO Corp, Carborundum Universal Limited, ESD-SIC, ESK-SIC GmbH, Futong Industry Co. Limited, Electro Abrasives LLC, Washington Mills, Tifor B.V., Grindwell Norton Ltd. |
This chapter will help you gain GLOBAL Market Analysis of Silicon Carbide Powder. Further deep in this chapter, you will be able to review Global Silicon Carbide Powder Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Silicon Carbide Powder. Further deep in this chapter, you will be able to review North America Silicon Carbide Powder Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Silicon Carbide Powder. Further deep in this chapter, you will be able to review Europe Silicon Carbide Powder Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Silicon Carbide Powder. Further deep in this chapter, you will be able to review Asia Pacific Silicon Carbide Powder Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Silicon Carbide Powder. Further deep in this chapter, you will be able to review South America Silicon Carbide Powder Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Silicon Carbide Powder. Further deep in this chapter, you will be able to review Middle East and Africa Silicon Carbide Powder Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Silicon Carbide Powder. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Product Analysis 2021 - 2033
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Chapter 12 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Silicon Carbide Powder market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Nano SiC (No More Than 100nm) have a significant impact on Silicon Carbide Powder market? |
What are the key factors affecting the Nano SiC (No More Than 100nm) and Sub-micron SiC (0.1-1Apm) of Silicon Carbide Powder Market? |
What is the CAGR/Growth Rate of Black Silicon Carbide Powder during the forecast period? |
By type, which segment accounted for largest share of the global Silicon Carbide Powder Market? |
Which region is expected to dominate the global Silicon Carbide Powder Market within the forecast period? |
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