Report ID : 1297920 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Black Silicon Carbide (SIC) Market is categorized based on Product Type (Black Silicon Carbide Powder, Black Silicon Carbide Grit) and Application (Abrasives, Ceramics, Metallurgy, Electronics, Other Applications) and End-Use Industry (Automotive, Aerospace, Construction, Electronics, Manufacturing) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The market size of Black Silicon Carbide (SIC) Market, valued at USD 1.2 billion in 2023, is projected to reach USD 2.5 billion by 2033, expanding at a CAGR of 7.8% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.
The Black Silicon Carbide (SiC) market has set itself apart as one of the fundamental sectors within the overall network of industries because of its specific characteristics and its wide range of applications. This high-performance material thanks to its high hardness, thermal stability and chemical resistance is gradually being incorporated into every industry, for example abrasives, ceramics, electronics, renewable energy etc. Rising competition and aspiration to improve performance using new materials sees a demand for black silicon carbide as growing in materials market.
The Black Silicon Carbide market in recent years has evolved due to the shift in the market trends for example the growth in sales of electric vehicles, development of semiconductor technology, and the growing need for advanced materials in production processes. This competitive marketing scenario has forced all the participants in the market to focus on innovations, product development and diversification to meet customers’ requirements. As we deepen out analysis on the tendencies of the Black Silicon Carbide market we see that the significance of its meaning is quite integral to the very market since it opens up prospects for new usage as well as better solutions to materials in the B2B market.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Carborundum Universal Limited, Saint-Gobain, Norton Abrasives, Washington Mills, Haozhong Group, Elekta, Hengdian Group, Fujian Jinxin Silicon Industry Co. Ltd., Zhengzhou Jinsheng Technology Co. Ltd., Kordon Group, Gongyi City Zhanhua Silicon Carbide Co. Ltd. |
SEGMENTS COVERED |
By Product Type - Black Silicon Carbide Powder, Black Silicon Carbide Grit By Application - Abrasives, Ceramics, Metallurgy, Electronics, Other Applications By End-Use Industry - Automotive, Aerospace, Construction, Electronics, Manufacturing By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Black Silicon Carbide (SIC) Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
Verified Industry Insights offers one of the following report customization options to our respectable clients :
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved