Top 7 Vendors in the Global Silicon Carbide Market from 2017-2021

“The global silicon carbide market is projected to grow to reach over 2900 kilometric tons by 2021, at a CAGR of more than 14% over the forecast period. The increasing demand and production of silicon carbide from APAC are expected to boost the market growth significantly,” says Mohd. Shakeel Iqbal, a lead analyst at Technavio for embedded systems research.

Competitive vendor landscape

Silicon carbide finds applications in ceramics and refractories, energy, electronics, semiconductors, medical, and automotive industries. The technological advancements on SiC led to the development of products in varying dimensions, sizes, and forms. Specialized materials dedicated to specific applications and customizations as per requirements are available from leading global players.

Advancements in R&D, resulting in the identification of specialized applications in the semiconductor, power electronics, and automotive sectors, are attracting the vendors from various verticals to incorporate SiC in their end products. The electronics and semiconductor industries are witnessing signification technological advancements with high funding on R&D of new materials.

Top seven vendors in the global silicon carbide market

AGSCO

AGSCO offers abrasives, pool aggregates, floor aggregates, blasting cabinets, blasting pots, mass finishing equipment, and aqueous parts washers. The company offers high-quality surface-modified high-purity customized minerals and materials.

Carborundum Universal

Carborundum Universal is a part of Murugappa Group, one of the biggest business conglomerates in India. The company is one of the world’s leading manufacturers of SiC. It has a production capacity of 70-kilo metric tons. The company manufactures both black and green SiC.

Dow Corning

Dow Corning is a subsidiary of Dow Chemical and specializes in silicon, SiC, silicones, and specialty chemicals. It is a leading silicon-based technology and innovation company. The company has sales offices, solar application centers, technical service centers, warehouses and laboratories, and manufacturing sites across Europe, Americas, Australia, and Asia.

Henan Yicheng New Energy

Henan Yicheng New Energy manufactures and supplies inorganic materials, polymers, chemicals, abrasives, and advanced materials, with more than 300 R&D personnel associated with different operations.

Hongwu International Group

Hongwu International Group is involved in manufacturing, R&D, and processing of nanomaterials and micro powders. Its main products include silver, SiC, carbon nanotube, graphene, alumina, copper, silicon nitride, and silver nanowires.

KYOCERA

KYOCERA is a manufacturer of electronic components and equipment. The company is involved in manufacturing and distribution of a wide range of products such as materials, devices, equipment components, and related services. Its product portfolio consists of semiconductor parts, electronic devices, ceramic components, telecommunications and information equipment, and others.

Saint-Gobain

Saint-Gobain is involved in the habitat and construction markets. It designs, manufactures, and distributes high-performance building materials. It caters to the automotive, buildings, ceramics, cement and glass, chemical, defense and security, display glass, energy, life sciences, electronic ceramics and semiconductors, and oil and gas industries.