Global SiC Powder Market Outlook 2022

Silicon Carbide has properties remarkably similar to those of diamond – it is one of the lightest, hardest, and strongest technical ceramic materials and has exceptional thermal conductivity, resistance to acids, and low thermal expansion. Silicon Carbide is an excellent material to use when physical wear is an important consideration because it exhibits good erosion and abrasive resistance, making it useful in a variety of applications. Silicon carbide (SiC) powders are compatible with a wide range of materials.
The SiC Powder industry can be broken down into several segments, Nano SiC, Sub-micron SiC, etc.
Across the world, the major players cover Fiven, Fujimi Corporation, etc.
Note: the report covers powder product with particle size less than 100μm.
Market concentration of Silicon Carbide is medium, with top 10 players takes global revenue share of around 65% in 2019. Leading players like Nanomakers, Washington Mills, Fujimi and Höganäs have broad product range and downstream applications.
North America, Europe and Asia-Pacific are major consumption region of SiC powder, with a combined revenue share of nearly 98% in 2019.
The market of Silicon Carbide powder can be broadly classified as Sintered Parts, Filling Material, etc in terms of application field. Sintered Parts is the major application of SiC powders. The market of Silicon Carbide powder can be classified as Nano SiC (≤100nm), Sub-micron SiC (0.1-1μm) and Other (1-100 μm) in terms of diameter.

Market Analysis and Insights: Global SiC Powder Market
The global SiC Powder market was valued at US$ 79 million in 2020 and it is expected to reach US$ 99.9 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.

Global SiC Powder Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global SiC Powder Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Nano SiC (No More Than 100nm)
Sub-micron SiC (0.1-1μm)
Other (1-100 μm)

Segment by Application
Sintered Parts
Filling Material
Others

By Company
Nanomakers
Washington Mills
Fujimi
Höganäs
Fiven
Pacific Rundum
Shin-Etsu Chemical
Hefei Kaier Nano Energy Technology
Jicheng Advanced Ceramics
Hefei ZhongHang Namometer Technology Development
Hongwu International

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE