Submitted by: Submitted by KavinRichard9995
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Category: Business and Industry
Date Submitted: 08/27/2015 12:47 AM
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.
Browse Detail Report with TOC @ http://www.hexaresearch.com/research-report/siliconcarbide-industry/
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...