Green Silicon Carbide Powder Market, By Type (1200# and 1500#), By Application (Abrasives, Semiconductor Industry, and Solar PV), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Green Silicon Carbide Powder Market was valued at US$ 103.4 billion in 2024 and is projected to grow at a CAGR of 8.2% to reach US$ 211.2 billion by 2034.

Green silicon carbide powder is one of the most precious compounds in nature. Green silicon carbide is primarily composed of quartz sand (silica) and petroleum coke, melting at a high temperature to form green translucent crystals with high hardness and powerful cutting ability. The hardness of it only ranks after diamond and B4C, and it is more complicated than black silicon carbide. It can be used to process hard and brittle materials like ceramics, high-speed steel, cemented carbide, and other non-metals as well as heating elements and thermal originals. The purity of green silicon carbide is higher than that of black silicon carbide. It is great for grinding and polishing qualities that are unaffected by chemicals, in addition to preserving hardness near the diamond.

Green silicon carbide powder is widely used in the grinding and polishing of hard materials like glass and ceramics, as well as non-ferrous metals like copper and brass. In addition, it finds application in the synthesis of refractory materials and in the creation of semiconductors and other electronic components. Green silicon carbide powder's high hardness and abrasive qualities make it useful for producing cutting tools, grinding wheels, and other abrasive goods. It is a great option for applications that need a high-quality surface finish and for applications demanding quick and effective material removal.

Moreover, the primary issue plaguing the market is the labor-intensive process of producing, distributing, and consuming the powder. The market's potential for expansion is also being hampered by the shortage of raw resources and the rising cost of those materials. Green silicon carbide powder is a high-performance, adaptable abrasive substance with various industrial uses. Due to its unique qualities, it is perfect for applications requiring a high-quality surface finish and quick and effective material removal. As a result, the market is expected to develop in the future.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Green Silicon Carbide Powder Market Key Drivers:

Wide range of Industrial applications

• A wide range of industries use green silicon carbide powder. It is mostly utilized in semiconductor, refractory, and abrasive materials. Green silicon carbide micronized abrasive has been widely employed, particularly in recent years, for multi-line cutting and grinding in electrical engineering, including polysilicon, single crystal, polycrystalline, and piezoelectric silicon. It is used to make cutting tools, grinding wheels, and other abrasive items because of its hardness.
• Silicon carbide is used to produce high-temperature bricks and other refractories because of its high thermal conductivity, high-temperature strength, low thermal expansion, and resistance to chemical reactions and thermal shock. Therefore, various industrial applications employ Green Silicon Carbide Powder, a high-performance and adaptable abrasive material driving the market's expansion.         

Green Silicon Carbide Powder Market Restrains:

Unavailability and fluctuating cost of raw materials

• The primary raw materials for green silicon carbide powder are petroleum coke and quartz sand. Since petroleum coke must be extracted from the ocean floor, it is not easily obtained and is sometimes difficult to find. The absence of petroleum coke could present significant challenges for producers of green silicon carbide powder, leading to increased costs for the substance. The makers, merchants, and customers need help to agree on standard pricing for the powder due to the price fluctuations created by its irregular availability.

Green Silicon Carbide Powder Market Opportunities:

• The growing use of green silicon carbide powder in metallurgy, electronics, and other sectors presents significant potential in the market. Green silicon carbide powder's exceptional qualities, such as its excellent thermal conductivity, limited thermal expansion, and extreme toughness, fuel demand for it.
• Further, the market is anticipated to expand substantially, driven by the growing popularity of electric cars, the developing electronics sector, and the growing need for high-performance ceramics. Production techniques and technology improvements are also expected to contribute to the market's growth in the upcoming years.

Green Silicon Carbide Powder Market is segmented based on Type, Application and region:

Type Insights:

• 1200#:

The Green Silicon Carbide Powder with particle size 1200# is among the F230–F1200 range of particle sizes. This is a medium-sized spectrum of extremely hard particles that are second only to diamond and B4C in terms of hardness. It is frequently employed in abrasive processes, including grinding and cutting tools and polishing hard metals, ceramics, and composite materials where forceful material removal is necessary.

• 500#:

The Green Silicon Carbide Powder, with a particle size of 1500#, is within the F1500–F12000 particle size range. It works well for situations requiring precise grinding and finishing. It is employed in high-precision operations such as semiconductor production, optical component lapping and polishing, and more.

Among the segments mentioned above, the one that dominated the market is the 1200# segment due to its wide applications in various industries, most importantly as abrasives. This type of medium-sized Green Silicon Carbide Powder is used for grinding, cutting, and polishing hard metals, ceramics, and composite materials where forceful material removal is necessary.

Application Insights:

• Abrasives:

Abrasives are made from green silicon carbide powder. They are appropriate for treating brittle and tough materials. Their mechanical strength surpasses corundum's, and their hardness is in the range between corundum and diamond. They may be used to machine and grind HSS tools, cast iron, cemented carbide, titanium alloy, oil pumps, bearings, valves, nozzles, and cylinder liners.

• Semiconductor Industry:

The semiconductor industry uses green silicon carbide powder for silicon wafer slicing, wire cutting, and grinding, among other processes using semiconductor materials. Green silicon carbide powder may be used to accurately build semiconductor devices because of its thermal solid conductivity and low thermal expansion coefficient.

• Solar PV:

The production of solar photovoltaic cells, which are utilized in solar panels, requires green silicon carbide powder. The powder is used to cut and grind abrasives to shape silicon ingots into thin wafers to manufacture solar cells. Green Silicon Carbide Powder's excellent cutting efficiency and minimal material loss make wafer processing in the solar photovoltaic sector more affordable.

Among the segments mentioned above the one that dominated the market is the Abrasives segment due to its wide applications as an abrasive material in a number of industries like automotive, ceramics, grinding HSS tools, and many more.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Green Silicon Carbide Powder Market Regional Insights

• North America market is estimated to witness a significantly large revenue share over the forecast period, due to the growing demand for high-performance semiconductors and electronic devices. Also, the rising use of powder in the aerospace and defense sectors is propelling the market toward growth.
• Asia Pacific market is estimated to witness the fastest revenue share because of the rising technological infrastructure, growing demand for Green Silicon Carbide Powder in the automotive, electronics, and ceramics industries, and the region's growing solar energy market.
• Europe market finds lucrative market opportunities owing to the increasing adoption of green silicon carbide powder in abrasive applications. The growing manufacturing base, and stringent regulatory laws is driving the market towards growth.
• The Latin American market is increasing gradually due to the thriving electronics and automotive industries, the growing semiconductor industry, and the demand for renewable energy.
• Middle East and Africa market is an emerging market due to the significant growth of the construction, manufacturing, and energy sectors, rising demand for abrasives, and solar energy.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Green Silicon Carbide Powder Market report based on Type, Application and region:

Green Silicon Carbide Powder Market, By Type:

• 1200#
• 1500#

Green Silicon Carbide Powder Market, By Application:

• Abrasives
• Semiconductor Industry
• Solar PV

Green Silicon Carbide Powder Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Green Silicon Carbide Powder Market include Futong Industry, Electro Abrasives, Henan Ruishi Renewable Resources Group, Zibo Huanyu Attrition Material, Foshan RISING Technology, U.S. Electrofused Minerals (USEM, Curimbaba Group), Panadyne, Pacific Rundum, SNAM Group, and Washington Mills.

•    Futong Industry*
•    Company Overview
•    Product Portfolio
•    Key Highlights
•    Financial Performance
•    Business Strategies
•    Electro Abrasives
•    Henan Ruishi Renewable Resources Group
•    Zibo Huanyu Attrition Material
•    Foshan RISING Technology
•    U.S. Electrofused Minerals (USEM, Curimbaba Group)
•    Panadyne
•    Pacific Rundum
•    SNAM Group
•    Washington Mills
 "*" marked represents similar segmentation in other categories in the respective section.