Silicon Carbide Market 2020 Major Key Players and Industry Analysis Till 2026
The Global Silicon Carbide Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2026. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the silicon carbide market include AGSCO Corporation, Carborundum Universal Limited., Dow Chemical Co., Entegris, Inc., ESD-SiC b.v., ESK-SIC GmbH, Gaddis Engineered Materials, Grindwell Norton Ltd., Saint Gobain Ceramic Materials GmbH, SNAM Abrasives Pvt. Ltd.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Many factors, such as the surge in demand for motor drives, compact system size, and the increase in utility of silicon carbide in the cellular base station and radiofrequency devices, are some factors, which are boosting the growth of the silicon carbide market during the forecast period. Silicon carbide reduces the power system loss by 50%, owing to which the adoption of compact size semiconductors is increasing in various applications such as Industrial Motor Drive, Power Supply and Inverter, Lighting Control, and others. On the other hand, the price of silicon carbide ranges from $800 to $2,000 per ton, which is very high compared to other available alternatives. Therefore, the high cost of Silicon carbide is the primary factor restraining the growth of the market. Also, defects in material and issues related to the package are the other challenge faced by vendors associated with the silicon carbide market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of silicon carbide.
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Market Segmentation
The report segments the silicon carbide market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
By Product
- Black silicon carbide
- Green silicon carbide
By Application
- Steel
- Automotive
- Aerospace
- Military & defense
- Electrical & electronics
- Healthcare
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for aerosol valve market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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