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Silicon Carbide Market | Business Opportunities, Top Manufacturing Players

Posted by Moin Patni on October 10th, 2018


Silicon Carbide Market


Silicon Carbide Market Overview: Silicon carbide is also known as carbrundum and is a compound of silica and carbon. SIC is one of the hard material, which has outstanding performance, power switching frequency, and power rating as compared to silicon. Moreover, it has potential to deliver high power switching application in extreme environment. Silicon carbide is wide gap semiconductor material which is used in semiconductor electronics devices that operate at high temperature or high voltage or both. This property has made silicon carbide to highly preferable in end-use applications.


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Silicon Carbide Market Application: Silicon Carbide Market has witnessed steady growth and it is moving towards growth expansion mode. Growth in this market is attributed to strong demand from steel manufacturing and steel processing industry along with its recycling units. Steel industries in Asia Pacific are expected to contribute a major part in the coming years. Growing automotive industry across the globe also playing an essential role in the global growth. Due to low manufacturing yield and low manufacturing volume Cheap Jordan 11 , the devices made by silicon carbide are being sold at relatively higher prices, which has posed as growth restraints. Nevertheless, the growing electronics and semiconductor application are expected to offer healthy growth to key industry participants in this market.


Growth in this market is attributed to strong demand from steel manufacturing and steel processing industry along with its recycling units. Steel industries in Asia Pacific are expected to contribute a major part in the coming years. Growing automotive industry across the globe also playing an essential role in the global growth. As per the OICA, China emerged as a global leader in the automotive production with annual growth of over 8%, due to which market is expected to have a high gain in the coming years.


Over the last few years, substitution of existing pure silicon technology is increasing year by year, thereby strengthening global demand for silicon carbide. Although Cheap Jordan Retro , the growth in this market is held back by high cost associated with devices made by silicon carbide. Due to low manufacturing yield and low manufacturing volume, the devices made by silicon carbide are being sold at relatively higher prices, which has posed as growth restraints. Nevertheless, the growing electronics and semiconductor application are expected to offer healthy growth to key industry participants in this market.


Silicon Carbide Market Key Players: Silicon Carbide Market are: Grindwell Norton (India), ESK SIC GmbH, Dow Chemical Company (US), Carborundum Universal (India) Cheap Air Jordan , Entegris Inc (US), Norstel AB (Sweden), Renesas Electronics Corporation (Japan), ROHM Co Ltd (Japan), Toshiba Corporation (Japan), Microsemi Corporation (US) and others.