Global SIC Powder Market By Overview
SIC powder market report published by Prophecy Market Insights offers a holistic view of various influencing factors and aims to answer all the target market-related questions.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides a key examination of market players operating in the specific market and analysis and outcomes related to the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is the estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied to gather information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
SIC powder market report segments the market on the basis of type, application, and region.
SIC powder market by type:
- Green SIC Powder
- Black SIC Powder
SIC powder market by application:
- Abrasives
- Refractories
- Metallurgy
- Electronics
- Special Ceramics
SIC powder market by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The report is expected to answer various target market-related questions and offer insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for the related market in the forecast period
- Analysis and outcome for the SIC powder market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution to the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecasts that can be referenced to plan business strategies, tap market opportunities, understand business-related risks, derive business goals, recognize trends, and understand target customer/end users
- Insights on recent technologies, pipeline products, regulations related to the target market, and market investment, and offers insights on political and economic factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Global SIC Powder Market By Competitive Landscape & Key Players
Key players in the SIC powder market include:
- Saint-Gobain Ltd.
- Ningxia Tianjing Inc.
- Lanzhou Heqiao Ltd.
- Tianzhu Yutong LLC
- Cumi Murugappa Ltd.
- Elsid Inc.
- Washington Mills
- Esk-Sic LLC
- Electro Abrasives LLc
- Navarro LLC
Prophecy Market Insights offers required customization on this report according to specific business related research requirements.
FAQs
The global SIC powder market report segments the market on the basis of type, application, and region
Increase in demand of power electronics modules across various industry verticals is the major factor driving growth of the global SIC powder market
Asia Pacific accounted for a significant volume share in 2019 owing to the growing manufacturing sector in countries such as India and China. In India, rising investments in infrastructure coupled with a need to satisfy the housing for a large population is triggering the demand for crude steel, which in turn is likely to propel the market growth over the coming years.
The companies are adopting various strategies such as mergers and acquisitions, and joint ventures to expand their product portfolio and to gain greater market share. In January 2019, Entegris, Inc. and Versum Materials, Inc. announced that they have agreed for a strategic merger.
The market report has been segmented on the basis of type, application, and region.
The SIC Powder Market is driven by factors such as the growing demand for silicon carbide (SiC) in various industries, including electronics, automotive, and aerospace, due to its high thermal conductivity, superior properties, and wide range of applications.
The high production cost of SiC powder, limited availability of high-quality raw materials, and the complex manufacturing process, acting as potential restraints for the SIC Powder Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is expected to dominate the SIC Powder Market, driven by the rapid growth of industries, increasing demand for advanced materials, and the presence of key manufacturers in the region.
The prominent player operating in the global SIC powder market includes Cree Inc., Dow Corning, Washington Mills Electro Minerals Ltd., INSACO Inc., Saint Gobain Ceramic Materials GmbH, Keyvest Belgium SA, Navarro SiC S.A, ESD SiC Inc, Carborundum Universal Limited, and Sublime Technologies Plc.