Product Code: GVR-4-68040-480-4
Silicon Carbide Fine Powder Market Trends:
The global silicon carbide fine powder market size was estimated at USD 793.0 million in 2023 and is projected to grow at a CAGR of 11.1% from 2024 to 2030. This growth is attributed to its rising adoption of advanced semiconductor technologies. Silicon carbide's superior thermal conductivity, high breakdown voltage, and ability to handle higher power densities make it preferable for use in power electronics. In addition, with the rapid expansion of electric vehicles (EVs), renewable energy systems, and high-performance electronics, the SiC fine powder is becoming essential for producing high-efficiency power devices such as MOSFETs and diodes, thereby fueling its market growth.
Moreover, the growing focus on energy efficiency and sustainability across industries is expected to drive the demand for SiC fine powder in areas like solar power generation, smart grids, and industrial motor drives. These applications require materials that can operate under extreme conditions, which SiC fine powder provides with excellent mechanical and thermal properties. Furthermore, SiC is being increasingly utilized in advanced 3D printing and additive manufacturing processes for ceramics and composites, further expanding its consumption across high-tech sectors.
The Silicon Carbide Fine Powder industry is extremely competitive in nature and characterized by the presence of several regional and international players. Prominent players are focusing on several strategic initiatives, including expanding production capacity, investing in research and development, and forming strategic partnerships. Companies like Wolfspeed, Inc. are increasing their manufacturing capabilities to meet the rising demand from sectors such as electric vehicles and renewable energy. Simultaneously, they are innovating to enhance the purity and performance of their SiC products, which can provide a competitive edge. In addition, players are engaging in mergers and acquisitions to consolidate their positions and leverage complementary technologies, ensuring they can provide comprehensive offerings that include not just SiC powders but also integrated solutions for various applications.
Global Silicon Carbide Fine Powder Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global silicon carbide fine powder market report based on grade, application, and region:
- Grade Outlook (Revenue, USD Million, 2018 - 2030)
- Metallurgical Grade
- Refractory Grade
- Abrasive Grade
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Abrasives
- Refractory Materials
- Ceramic Materials
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Silicon Carbide Fine Powder Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.4. Technology Overview
- 3.5. Silicon Carbide Fine Powder Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenge Analysis
- 3.6. Business Environment Analysis
- 3.6.1. PESTLE Analysis
- 3.6.2. Porter's Five Forces Analysis
- 3.7. Market Disruption Analysis
Chapter 4. Silicon Carbide Fine Powder Market: Grade Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Grade Movement Analysis & Market Share, 2023 & 2030
- 4.3. Silicon Carbide Fine Powder Market By Grade, 2018 - 2030 (USD Million)
- 4.4. Metallurgical Grade
- 4.4.1. Metallurgical Grade Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 4.5. Refractory Grade
- 4.5.1. Refractory Grade Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 4.6. Abrasive Grade
- 4.6.1. Abrasive Grade Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Silicon Carbide Fine Powder Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2023 & 2030
- 5.3. Silicon Carbide Fine Powder Market By Application, 2018 - 2030 (USD Million)
- 5.4. Abrasives
- 5.4.1. Silicon Carbide Fine Powder Market Estimates & Forecasts for Abrasives, 2018 - 2030 (USD Million)
- 5.5. Refractory Materials
- 5.5.1. Silicon Carbide Fine Powder Market Estimates & Forecasts for Refractory Materials, 2018 - 2030 (USD Million)
- 5.6. Ceramic Materials
- 5.6.1. Silicon Carbide Fine Powder Market Estimates & Forecasts for Ceramic Materials, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Silicon Carbide Fine Powder Market Estimates & Forecasts for Others, 2018 - 2030 (USD Million)
Chapter 6. Silicon Carbide Fine Powder Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2023 & 2030
- 6.3. Market Estimates & Forecasts by Region, 2018 - 2030 (USD Million)
- 6.4. North America
- 6.4.1. North America Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. North America Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.4.3. North America Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.4.4. U.S.
- 6.4.4.1. U.S. Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. U.S. Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.4.4.3. U.S. Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.4.5. Canada
- 6.4.5.1. Canada Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Canada Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.4.5.3. Canada Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.4.6. Mexico
- 6.4.6.1. Mexico Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Mexico Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.4.6.3. Mexico Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.5. Europe
- 6.5.1. Europe Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Europe Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.5.3. Europe Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.5.4. Germany
- 6.5.4.1. Germany Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Germany Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.5.4.3. Germany Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.5.5. UK
- 6.5.5.1. UK Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. UK Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.5.5.3. UK Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.5.6. France
- 6.5.6.1. France Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.6.2. France Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.5.6.3. France Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.5.7. Spain
- 6.5.7.1. Spain Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.7.2. Spain Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.5.7.3. Spain Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.5.8. Italy
- 6.5.8.1. Italy Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.8.2. Italy Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.5.8.3. Italy Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Asia Pacific Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.6.3. Asia Pacific Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.6.4. China
- 6.6.4.1. China Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. China Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.6.4.3. China Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.6.5. India
- 6.6.5.1. India Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.5.2. India Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.6.5.3. India Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.6.6. Japan
- 6.6.6.1. Japan Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.6.2. Japan Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.6.6.3. Japan Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.6.7. South Korea
- 6.6.7.1. South Korea Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.7.2. South Korea Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.6.7.3. South Korea Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.7. Central & South America
- 6.7.1. Central & South America Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Central & South America Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.7.3. Central & South America Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.7.4. Brazil
- 6.7.4.1. Brazil Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.7.4.2. Brazil Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.7.4.3. Brazil Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.7.5. Argentina
- 6.7.5.1. Argentina Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.7.5.2. Argentina Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.7.5.3. Argentina Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.8. Middle East & Africa
- 6.8.1. Middle East & Africa Silicon Carbide Fine Powder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.8.2. Middle East & Africa Silicon Carbide Fine Powder Market Estimates & Forecasts, by Grade, 2018 - 2030 (USD Million)
- 6.8.3. Middle East & Africa Silicon Carbide Fine Powder Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
Chapter 8. Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Positioning
- 8.4. Company Heat Map Analysis
- 8.5. Company Listings
- 8.5.1. Carborundum Universal Limited
- 8.5.1.1. Company Overview
- 8.5.1.2. Financial Performance
- 8.5.1.3. Product Benchmarking
- 8.5.1.4. Strategic Initiatives
- 8.5.2. Washington Mills
- 8.5.2.1. Company Overview
- 8.5.2.2. Financial Performance
- 8.5.2.3. Product Benchmarking
- 8.5.2.4. Strategic Initiatives
- 8.5.3. Nanoshel
- 8.5.3.1. Company Overview
- 8.5.3.2. Financial Performance
- 8.5.3.3. Product Benchmarking
- 8.5.3.4. Strategic Initiatives
- 8.5.4. American Elements
- 8.5.4.1. Company Overview
- 8.5.4.2. Financial Performance
- 8.5.4.3. Product Benchmarking
- 8.5.4.4. Strategic Initiatives
- 8.5.5. Advanced Abrasives Corporation
- 8.5.5.1. Company Overview
- 8.5.5.2. Financial Performance
- 8.5.5.3. Product Benchmarking
- 8.5.5.4. Strategic Initiatives
- 8.5.6. Stanford Advanced Materials
- 8.5.6.1. Company Overview
- 8.5.6.2. Financial Performance
- 8.5.6.3. Product Benchmarking
- 8.5.6.4. Strategic Initiatives
- 8.5.7. US Research Nanomaterials, Inc.
- 8.5.7.1. Company Overview
- 8.5.7.2. Financial Performance
- 8.5.7.3. Product Benchmarking
- 8.5.7.4. Strategic Initiatives
- 8.5.8. STMicroelectronics
- 8.5.8.1. Company Overview
- 8.5.8.2. Financial Performance
- 8.5.8.3. Product Benchmarking
- 8.5.8.4. Strategic Initiatives
- 8.5.9. Wolfspeed, Inc.
- 8.5.9.1. Company Overview
- 8.5.9.2. Financial Performance
- 8.5.9.3. Product Benchmarking
- 8.5.9.4. Strategic Initiatives