Portland, OR -- (SBWire) -- 07/10/2017 --Silicon carbide (SiC) is a chemical compound of silicon and carbon and it is also known as carborundum. SiC belongs to the semiconductor market that is expected to attain revenue of $394 billion by 2017. It is projected that SiC has the potential to displace other silicon based transistors and semiconductors; therefore, it is expected to have high revenue share. The key factors driving the SiC market growth is that it can decrease the size of semiconductors and reduce the power system loss by 50%.

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However, the cost of SiC material ranges from $800 to $2,000 per ton, which is very costly as compared to other materials used for manufacturing semiconductor. Therefore, the high cost of these semiconductors is a major restraint for the growth of the market. Material defects and packaging issues are some of the other challenges for the market growth. Researches that are being conducted to overcome these challenges have been slow-moving. However, key players are seeking collaborations to increase investments in the SiC based electronic goods.

Some of the key companies profiled in this report are AGSCO Corporation, Entegris Inc., Carborundum Universal Ltd., ESK-SIC GmbH, Grindwell Norton Ltd., Saint-Gobain Ceramics Materials GmbH, The Dow Chemical Company, Xiamen Powerway Advanced Material Company Ltd., Timcal Ltd., and Snam Abrasives Pvt. Ltd.

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KEY MARKET SEGMENTS

BY PRODUCT

- Black SiC
- Green SiC
- Others

BY TECHNOLOGY

MARKET BY SIC POLYMER TYPES
- 3C- SiC semiconductors market
- 4H- SiC semiconductors market
- H- SiC semiconductors market
- MARKET BY semiconductor materials
- IV-IV SiC semiconductors market
- SiC & Silicon semiconductors market
- SiC & Sapphire semiconductors market
- SiC & Graphite semiconductors market
- SiC & Graphene semiconductors market
- III-V SIC SEMICONDUCTORS MARKET
- SiC & GaN semiconductors market
- SiC & AlN semiconductors market
- Composite materials-based SiC semiconductors market
- Alloy materials based SiC semiconductors market

MARKET BY POWER SEMICONDUCTORS
- SiC power discrete market
- SiC power MOSFETS
- SiC power IGBTS
- SiC power DIODES AND RECTIFIERS
- SiC power THYRISTORS
- SiC other power discrete
- SiC POWER ICS MARKET
- SiC POWER DEVICES CLASSIFICATION BY TECHNOLOGY NODE

BY END-USERS

- Steel & energy
- Automotives
- Industrial sector
- Consumer electronic
- Aerospace & aviation
- Military & defense
- Electronics & semiconductors
- Medical & healthcare
- Information and communication technology (ICT)
- Others (Chemicals, fabrication etc.)

BY GEOGRAPHY

- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)