Silicon Carbide Industry China and Global Market Analysis (2017 – 2019)

As a major producer and exporter of silicon carbide, China contributes about 80% to the global silicon carbide capacity. In 2013, China exported 286,800 tons of silicon carbide after the abolition of the export quota system, up 73.8% year on year. From January to November of 2014, China's silicon carbide export volume amounted to 289,800 tons.

In 2014, there were more than 200 silicon carbide smelting enterprises in China with the annual capacity of over 2.20 million tons, including over 1.20 million tons of green silicon carbide and about 1 million tons of black silicon carbide. However, the rapid capacity expansion in the previous two years and the sluggish photovoltaic industry (one of main downstream sectors) led to a low capacity utilization rate. As the photovoltaic industry warms up as well as refractories, ceramics, LED and other industries grow steadily, China's silicon carbide capacity utilization rate is expected to rise.

In China, major silicon carbide producers consist of Henan Hengxin Industrial & Mineral Products Co., Ltd., Yichuan Dongfeng Abrasives Co., Ltd., Henan Yuxin Abrasives Co., Ltd., Qinyang Sanhui Refractory Material Co., Ltd., CIPIE (Henan) Import and Export Trade Co., Ltd., etc.

Although China's silicon carbide industry has a large scale and sufficient capacity, the silicon carbide products of the industry are mainly low-end primary products, while fine deep-processed products with high added value are in short supply. Now, only Tianfu Energy, SICC, Hebei Tongguang and EpiWorld can mass-produce silicon carbide wafers in China.