Boston, MA -- (SBWIRE) -- 07/07/2017 -- Silicon carbide (SiC) contains silicon and carbon in equal proportions. It is available in the nature in the form of moissanite. Bulk productions of SiC are carried out through several synthetic routes. It is one of the toughest materials for high temperature applications. SiC is manufactured industrially by mixing high-purity quartz with carbon (high-quality coke or anthracite) at approximately 2,000degC in an electric resistance furnace.

Technavio's analysts forecast the global silicon carbide market to grow at a CAGR of 14.04% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global silicon carbide market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Get More Details on this Report and a Full Table of Contents at Global Silicon Carbide (SiC) Market 2017-2021

The market is divided into the following segments based on geography:

-Americas
-APAC
-Europe
-ROW

Technavio's report, Global Silicon Carbide (SiC) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-AGSCO
-Carborundum Universal
-Dow Corning
-Henan Yicheng New Energy
-Hongwu International Group
-KYOCERA
-Saint-Gobain

Other prominent vendors

-ASUZAC
-CeramTec
-CoorsTek
-ESD-SIC
-ESK-SIC
-Miller and Company
-Norstel
-Silicon Carbide Products
-SNAM Abrasives
-Xiamen Powerway Advanced Materials

Market driver

-Growing demand for power electronics
-For a full, detailed list, view our report

Market challenge

-Competition from gallium nitride material
-For a full, detailed list, view our report

Market trend

-Growing demand from steel and energy industries
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: AGSCO, Carborundum Universal, Dow Corning, Henan Yicheng New Energy, Hongwu International Group, KYOCERA, Saint-Gobain, ASUZAC, CeramTec, CoorsTek, ESD-SIC, ESK-SIC, Miller and Company, Norstel, Silicon Carbide Products, SNAM Abrasives, Xiamen Powerway Advanced Materials

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