Report on: Silicon Carbide Market 2015-2020

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Silicon Carbide Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies and

Forecasts, 2015 To 2020

Industry Insights:

Growing demand for steel processing and steel manufacturing along with recycling units is a key

factor expected to drive silicon carbide market over the next five years. Increasing applications

in major end-use industries including aerospace and aviation, electronics and semiconductor,

steel and energy, military and defence, and medical and healthcare is anticipated to augment

global silicon carbide market growth in near future. Silicon carbide also finds application in

automotive industry. Growing automotive industry in china is likely to boost the market demand

in Asia Pacific region over the foreseeable future. Silicon carbide is produced synthetically and

posses properties such as oxidation resistance, low density, high strength, high temperature

strength, high thermal shock resistance, low thermal expansion, and good chemical resistance.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Product Insights:

Based on products, silicon carbide is segmented into types such as black, green, coated,

refractory, metallurgical briquettes, metallurgical, and micro grit. Among all, green and black are

the major product segments and are anticipated to experience stagnant growth in near future.

Demand for black silicon carbide is likely to boost over the forecast period on account of its

increasing usage in ceramic, refractory and steel industries.

End-Use Insights:

Steel and energy dominates the application segment and is expected to be the fastest growing

segments over the foreseeable future. Silicon carbide finds application in abrasive cloths and

paper products and in grinding wheels owing to its...