How big is the Silicon Carbide Market?

The Silicon Carbide Market size is expected to reach USD 3.30 billion in 2024 and grow at a CAGR of greater than 10% to reach USD 6.77 billion by 2029. Read More

What is the current Silicon Carbide Market size?

In 2024, the Silicon Carbide Market size is expected to reach USD 3.30 billion. Read More

Who are the key players in Silicon Carbide Market?

Saint-Gobain, Imerys, Tokai Carbon Co., Ltd., Schunk Ingenieurkeramik GmbH and Morgan Advanced Materials are the major companies operating in the Silicon Carbide Market. Read More

Which is the fastest growing region in Silicon Carbide Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Silicon Carbide Market?

In 2024, the Asia Pacific accounts for the largest market share in Silicon Carbide Market. Read More

What years does this Silicon Carbide Market cover, and what was the market size in 2023?

In 2023, the Silicon Carbide Market size was estimated at USD 2.97 billion. The report covers the Silicon Carbide Market historical market size for years: . The report also forecasts the Silicon Carbide Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Silicon Carbide Market Report, Size & Analysis

Silicon Carbide Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Silicon Carbide (SiC) Market Report is Segmented by Product (Green SiC, Black SiC, and Other Products), Application (Steel Manufacturing, Energy, Automotive, Aerospace and Defense, Electronics and Semiconductor, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). For all the Above Segments, Market Sizing and Forecasts Have Been Done Based On Revenue (USD).

Silicon Carbide Industry Overview

The silicon carbide market is partially consolidated, with players accounting for a significant market share. Some key market players (not in any particular order) include Saint-Gobain, Imerys, Tokai Carbon Co. Ltd, Schunk Ingenieurkeramik GmbH, and Morgan Advanced Materials.