Ultra High Purity Silicon Carbide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Ultra High Purity Silicon Carbide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4737
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Market Overview:

The global ultra high purity silicon carbide market is expected to exhibit a CAGR of 14.88% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Silicon carbide is a semiconductor that consists of silicon and carbon. The grains of silicon carbide are bonded through the process of sintering to make hard ceramics. Ultra-high purity silicon carbide offers high resistance to corrosion, thermal conductivity, uniform electric behavior, and low defect density. It also minimizes the impurities and provides optimum and high performance, making it suitable for next-generation power devices such as power converters and electric vehicles. In recent years, ultra-high purity silicon carbide has gained traction worldwide as it finds application in the production of high endurance car clutches and brakes, ceramic plates for bulletproof vests, power suppliers, photovoltaic inverters, high voltage switches, and thin-film coatings.

Ultra High Purity Silicon Carbide Market Trends:

The global ultra-high purity silicon carbide market is primarily driven by the growing demand for renewable energy sources for power generation. The rising production of semiconductors is also propelling the market growth as ultra-high purity silicon carbide removes impurities and contamination to enhance the performance of semiconductors. In addition to this, ultra-high purity silicon carbide possesses properties that aid in effective power management and provide power control features in electric vehicles. Besides this, with the increasing demand for light-emitting diodes (LEDs), there has been a significant rise in the use of ultra-high purity carbide as a substrate material in LEDs, which determines the brightness, color, life and other performance indicators. Furthermore, there has been an increasing emergence of technologies like quantum computing, artificial intelligence (AI), and 5G technology for designing and manufacturing semiconductors.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global ultra high purity silicon carbide market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application and distribution channel.

Breakup by Application:

  • Semiconductor
  • LEDs
  • Others
     

Breakup by Distribution Channel:

  • Online
  • Offline
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AGC Inc., American Elements, Bridgestone Corporation, CoorsTek Inc., Ferrotec (USA) Corporation, JJISCO Inc., Nanoshel LLC, Pacific Rundum Co. Ltd., Polycrystal LLC and Washington Mills.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
 Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AGC Inc., American Elements, Bridgestone Corporation, CoorsTek Inc., Ferrotec (USA) Corporation, JJISCO Inc., Nanoshel LLC, Pacific Rundum Co. Ltd., Polycrystal LLC and Washington Mills
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global ultra high purity silicon carbide market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global ultra high purity silicon carbide market?
  • What are the key regional markets?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global ultra high purity silicon carbide market and who are the key players?
  • What is the degree of competition in the industry?

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Ultra High Purity Silicon Carbide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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