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Silicon carbide ceramics are categorized under advanced ceramics, which have properties similar to diamond. Usage of these ceramics is favorable in machine manufacturing, electronic & electrical, and automotive industries due to corrosion-resistant ceramic property. Silicon carbide ceramics are corrosion resistant, light, and extremely hard materials, which makes it useful in the tough environments for wear application. Silicon carbide ceramics have characteristics such as excellent thermal shock resistance, oxidation resistance, good high temperature strength, low density, wear resistance, high hardness, excellent chemical resistance, high thermal conductivity, and low thermal expansion.
Growth in industrialization and vast industrial adoption of advanced ceramics for increasing industrial output and attaining higher yield is the primary factor that drives the growth of the silicon carbide ceramics market. Excellent properties and broaden application scope in automotive and electronics & electrical sectors is supporting the consumption growth of silicon carbide ceramics. However, high cost of these ceramics as compared to other materials is the major restraining factor for the growth of the global silicon carbide ceramics market.
Global silicon carbide ceramics market is segmented into type, application, end-use industry, and region. Based on type, the market is divided into CVD silicon carbide, recrystallized silicon carbide, hot pressing silicon carbide, reaction bonded silicon carbide, direct sintered silicon carbide, and others such as silicon nitride-silicon carbide and pressure sintered silicon carbide. Direct sintered silicon carbide segment possesses largest share in the market due to its properties that are favorable for industrial application and also it has highest grades. Based on application, silicon carbide ceramics market is classified into ceramic armor protection systems, high temperature bearings, electric furnace heating elements, faucet washers, wear resistant nozzles, thermocouple protection tubes, and others. Based on end-use industry, the market is segmented into electrical & electronics, automotive, aerospace & defense, metal mining, metallurgic, chemical engineering, medical, and others. Other end-use industry includes tire and machine manufacturing. Electrical & electronics and automotive industries have dominance in silicon carbide ceramics market due to increased global automotive production with effective use of electrical vehicles.
Based on region, the global silicon carbide ceramics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominate the market due to strong electrical & electronics base, largest automotive demand & production, and massive steel production.
The key players operating in the global silicon carbide ceramics market include ASUZAC, IPS Ceramics, Morgan Advanced Materials plc, CoorsTek, Schunk Ingenieurkeramik, KYOCERA Corporation, IBIDEN, Ceramtec, 3M, and Saint Gobain.
Key Market Segments
Key Market Players