Silicon Carbide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

High demand for steel manufacturing and steel processing, along with recycling, has propelled the market for silicon carbide (SiC) in recent years. Silicon carbide is a key component of semiconductor devices and growth within the electronics and semiconductor market is also a driving factor governing SiC market growth. At the same time the high precision required for manufacturing components and the low level of tolerances in the end-user market have been restraining the market.

This report segments the silicon carbide market based on products, end-users and geographies and provides forecasts and estimates for sub-segments for each of these. The report also presents supply and demand characteristics of silicon carbide and applications by providing a detailed forecast from 2013 to 2019 along with revenues and volumes analysis. It also provides opportunities for the silicon carbide market for the near future along with the latest trends and driving and restraining factors influencing the market.

Based on the product segments, the silicon carbide market can be categorized into different segments such as black SiC, green SiC and others such as coated SiC, refractory SiC, metallurgical SiC, metallurgical briquettes and SiC micro grit. Black SiC has been the largest market and is expected to show the highest growth during the forecast period.

The major end-user segments in the silicon carbide market are steel and energy, automotives, aerospace and aviation, military and defense, electronics and semiconductors and medical and healthcare. Of these, steel and energy, electronics and semiconductors and automotives have been the major markets while medical and healthcare is expected to show the highest growth in the near future.

From: http://www.researchandmarkets.com/research/hb6d2h/silicon_carbide