Silicon Carbide (SiC) Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Jan 2023 Pages: 171 SKU: IRTNTR74918

Silicon Carbide (SiC) Market Forecast 2023-2027

The Silicon Carbide (SiC) Market size is estimated to grow by 2.57 million t at a Compound annual growth rate (CAGR) of 12.33% between 2022 and 2027. The growth of the market depends on several factors, including growing demand for power electronics, an increase in demand for fibers in the aerospace sector, and the growing EV automotive industry. SiC contains silicon and carbon in equal proportions. It is available in 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.

What will be the Size of the Market During the Forecast Period?

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Market Overview

Market Driver

The increase in demand for SiC fibers in the aerospace sector is notably driving the market growth. SiC fibers possess advantageous properties of high heat resistance, chemical stability, high modulus, lightweight, and durability, among others. This makes them appropriate for use in a variety of aerospace-related applications, including insulation for heat engines, nanotubes in turbines, ceramic matrix composites (CMCs), and substitutes for metallic alloys. Additionally, with a drastic decline in weight and an increase in the fuel efficiency of aircraft engines, the use of fibers in the aerospace sector, in turn, improves the environment and the economy of aircraft makers.

Due to advantageous features, composites such as fibers are widely used in the aircraft manufacturing business. As several countries look to modernize their defense aircraft fleet, demand for aircraft materials has also increased over the past decade. The development of advanced materials has benefited from increased defense spending. Therefore, these factors will contribute to the market growth during the forecast period.

Market Trends

Power inverters for EVs are emerging trends in market growth. Power inverters play a key role in efficient energy management in electric vehicles. The new generation of SiC-based automotive inverters and advanced semiconductor devices based on field effect transistors can save low energy losses and result in improved electric vehicle performance. SiC-based automotive inverters have the advantages of higher temperature resistance, improved efficiency, reduced size, and lighter weight over conventional inverters.

Growing environmental concerns about petroleum-based air pollution from automobiles and increasing technological developments for alternate energy sources will also drive the demand for SiC-based automotive inverters from the automobile industry for the development of electric vehicles and hybrid electric vehicles. For instance, automotive supplier Marelli, in July 2022, launched 800 volts SiC inverter platform for EVs. Hence, such developments are expected to accelerate the market growth and trends during the forecast period.

Market Restraint

Competition from gallium nitride material is a major challenge impeding market growth. Gallium nitride-based devices range from transistors, Schottky diodes, power modules, MOSFETs, and IGBTs to rectifiers. Gallium nitride-based devices have similar performance as SiC-based devices. The key factor that is driving the competition between gallium nitride and SiC is the bulk commercialization of gallium nitride devices in comparison with devices, which are recently being commercialized.

Gallium nitride has superior properties compared with SiC. However, SiC has higher thermal conductivity than gallium nitride. In advanced power devices, gallium nitride and SiC are used together. Future research, focused on new technologies of gallium nitride devices, will give stiff competition to devices, thus restricting the growth of the market. Therefore, owing to such factors the market growth might be hampered during the forecast period.

Segmentation By Application

The market share growth by the steel and energy segment will be significant during the forecast period. Steel and energy segment by application in the global market dominated in 2022. It is expected to maintain its dominance during the forecast period owing to growing infrastructure and energy sector development.

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The steel and energy segment was valued at 0.66 million t in 2017 and continued to grow until 2021The steel and energy industries are the biggest end-users of SiC.  A significant rise in demand is expected from developing countries because of fast-paced infrastructural developments during the forecast period. SiC briquettes and grains are used as solid fuels in steel manufacturing. They provide higher thermal energy compared with silicon manganese, ferrosilicon, and coal. SiC is often used to raise tap temperatures as it acts as an effective deoxidizer with minimum aluminum, sulfur, and nitrogen content and low carbon monoxide emissions. It is also cost-effective. Similarly, the increase in demand for efficient use of electricity in power transmission and smart grids in the renewable energy industry will drive the demand for SiC. Renewable energy and smart grids require technological advances to generate, store, convert, and distribute power efficiently to end-users residing in smart homes in which power can be used and stored efficiently, these are enabled by the use of power electronic devices. These devices use SiC to enable electrification. Thus, factors like these will propel the growth of the market in focus during the forecast period.  

Segmentation By Product

Black SiC dominated the global market in 2022 and is expected to maintain its lead during the forecast period. Its extreme hardness, high strength, and thermal conductivity at elevated temperatures make it ideal for various industries. The growth of steel, automotive, defense, aerospace, and electronics sectors is driving the segment's expansion. Additionally, black SiC is gaining popularity in advanced applications such as electronics, semiconductors, energy, heating elements, and nuclear fuels, further boosting the market. The benefits of reduced kiln weight and lighter SiC-based kilns also contribute to the segment's growth.v

Regional Overview

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APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Both countries have implemented supportive policies to boost the EV market, such as India's plan to introduce 10,000 electric buses and China's tax exemptions for electric vehicles. Japan also aims to increase its EV market share significantly by 2030. To meet the increasing demand for SiC in the region, companies are expanding their presence by establishing more SiC fabrication facilities. For example, II-VI Inc. expanded its SiC wafer finishing manufacturing in China to cater to the growing EV and clean energy applications market.

Customer Landscape

The market growth and forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Who are the Major Silicon Carbide (SiC) Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

The market forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • AGSCO Corp.
  • ASUZAC Inc.
  • CeramTec GmbH
  • CoorsTek Inc.
  • ESD SIC bv
  • ESK SiC GmbH
  • Gaddis Inc.
  • Henan Yicheng New Energy Co. Ltd.
  • Hongwu International Group Ltd.
  • Imerys S.A.
  • KYOCERA corp.
  • Miller and Co.
  • Morgan Advanced Materials Plc
  • Murugappa Group
  • Saint Gobain
  • SNAM Abrasives Pvt. Ltd.
  • STMicroelectronics NV
  • Dow Inc.
  • Tokai Carbon Co. Ltd.
  • Xiamen Powerway Advanced Material Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The SiC market, pivotal in industries like steel and semiconductor, witnessed shifts due to the global pandemic. Refractory materials play a crucial role in steel manufacturing processes, particularly in electric arc furnaces. Companies like Washington Mills lead in supplying SiC in various forms like wafer, block, grain, and powder. Black SiC dominates the market, contributing significantly to revenue share.

Green SiC, among the hardest man-made minerals, finds applications in specialized ceramics, metal-matrix composites, and wear-resistant components like seals and nozzles. In the semiconductor sector, SiC chips enhance energy efficiency in electronic devices. Moreover, SiC's properties benefit aerospace applications, notably in jet turbines and turbine blades, improving fuel intake and energy efficiency, while its use in the steel industry, particularly in oxygen furnaces, underscores its versatility and importance in diverse industrial applications.

Segment Overview

The market trends and analysis report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (Million T, 2017 - 2027)
    • Black SiC
    • Green SiC
    • Others
  • Application Outlook (Million T, 2017 - 2027)
    • Steel and energy
    • Electronics
    • Automotive
    • Aerospace and defense
    • Medical
  • Region Outlook (Million T, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

 

Silicon Carbide (SiC) Market Scope

Report Coverage

Details

Page number

171

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 12.33%

Market growth 2023-2027

2.57 million t

Market structure

Fragmented

YoY growth 2022-2023(%)

11.66

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 43%

Key countries

US, China, India, Japan, and Russia

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AGSCO Corp., ASUZAC Inc., CeramTec GmbH, CoorsTek Inc., ESD SIC bv, ESK SiC GmbH, Gaddis Inc., Henan Yicheng New Energy Co. Ltd., Hongwu International Group Ltd., Imerys S.A., KYOCERA corp., Miller and Co., Morgan Advanced Materials Plc, Murugappa Group, Saint Gobain, SNAM Abrasives Pvt. Ltd., STMicroelectronics NV, Dow Inc., Tokai Carbon Co. Ltd., and Xiamen Powerway Advanced Material Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million t)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global silicon carbide (SiC) market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global silicon carbide (SiC) market 2017 - 2021 (million t)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (million t)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 (million t)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (million t)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (million t)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Steel and energy - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Steel and energy - Market size and forecast 2022-2027 (million t)
      • Exhibit 35: Data Table on Steel and energy - Market size and forecast 2022-2027 (million t)
      • Exhibit 36: Chart on Steel and energy - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Steel and energy - Year-over-year growth 2022-2027 (%)
    • 6.4 Electronics - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Electronics - Market size and forecast 2022-2027 (million t)
      • Exhibit 39: Data Table on Electronics - Market size and forecast 2022-2027 (million t)
      • Exhibit 40: Chart on Electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Electronics - Year-over-year growth 2022-2027 (%)
    • 6.5 Automotive - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Automotive - Market size and forecast 2022-2027 (million t)
      • Exhibit 43: Data Table on Automotive - Market size and forecast 2022-2027 (million t)
      • Exhibit 44: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.6 Aerospace and defense - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Aerospace and defense - Market size and forecast 2022-2027 (million t)
      • Exhibit 47: Data Table on Aerospace and defense - Market size and forecast 2022-2027 (million t)
      • Exhibit 48: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
    • 6.7 Medical - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Medical - Market size and forecast 2022-2027 (million t)
      • Exhibit 51: Data Table on Medical - Market size and forecast 2022-2027 (million t)
      • Exhibit 52: Chart on Medical - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Medical - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Application
      • Exhibit 54: Market opportunity by Application (million t)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 55: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 56: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 57: Chart on Comparison by Product
      • Exhibit 58: Data Table on Comparison by Product
    • 7.3 Black SiC - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Black SiC - Market size and forecast 2022-2027 (million t)
      • Exhibit 60: Data Table on Black SiC - Market size and forecast 2022-2027 (million t)
      • Exhibit 61: Chart on Black SiC - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Black SiC - Year-over-year growth 2022-2027 (%)
    • 7.4 Green SiC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Green SiC - Market size and forecast 2022-2027 (million t)
      • Exhibit 64: Data Table on Green SiC - Market size and forecast 2022-2027 (million t)
      • Exhibit 65: Chart on Green SiC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Green SiC - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Others - Market size and forecast 2022-2027 (million t)
      • Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 (million t)
      • Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 71: Market opportunity by Product (million t)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 73: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 74: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 75: Chart on Geographic comparison
      • Exhibit 76: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 (million t)
      • Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 (million t)
      • Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 (million t)
      • Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 (million t)
      • Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on North America - Market size and forecast 2022-2027 (million t)
      • Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 (million t)
      • Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 89: Chart on South America - Market size and forecast 2022-2027 (million t)
      • Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 (million t)
      • Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
      • Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
      • Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 97: Chart on China - Market size and forecast 2022-2027 (million t)
      • Exhibit 98: Data Table on China - Market size and forecast 2022-2027 (million t)
      • Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 India - Market size and forecast 2022-2027
      • Exhibit 101: Chart on India - Market size and forecast 2022-2027 (million t)
      • Exhibit 102: Data Table on India - Market size and forecast 2022-2027 (million t)
      • Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 (million t)
      • Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 (million t)
      • Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Russia - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Russia - Market size and forecast 2022-2027 (million t)
      • Exhibit 110: Data Table on Russia - Market size and forecast 2022-2027 (million t)
      • Exhibit 111: Chart on Russia - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Russia - Year-over-year growth 2022-2027 (%)
    • 9.12 US - Market size and forecast 2022-2027
      • Exhibit 113: Chart on US - Market size and forecast 2022-2027 (million t)
      • Exhibit 114: Data Table on US - Market size and forecast 2022-2027 (million t)
      • Exhibit 115: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 117: Market opportunity by geography (million t)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 118: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 120: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 121: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 122: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 123: Matrix on vendor position and classification
            • 12.3 AGSCO Corp.
              • Exhibit 124: AGSCO Corp. - Overview
              • Exhibit 125: AGSCO Corp. - Product / Service
              • Exhibit 126: AGSCO Corp. - Key offerings
            • 12.4 ASUZAC Inc.
              • Exhibit 127: ASUZAC Inc. - Overview
              • Exhibit 128: ASUZAC Inc. - Product / Service
              • Exhibit 129: ASUZAC Inc. - Key offerings
            • 12.5 CeramTec GmbH
              • Exhibit 130: CeramTec GmbH - Overview
              • Exhibit 131: CeramTec GmbH - Business segments
              • Exhibit 132: CeramTec GmbH - Key offerings
              • Exhibit 133: CeramTec GmbH - Segment focus
            • 12.6 CoorsTek Inc.
              • Exhibit 134: CoorsTek Inc. - Overview
              • Exhibit 135: CoorsTek Inc. - Product / Service
              • Exhibit 136: CoorsTek Inc. - Key news
              • Exhibit 137: CoorsTek Inc. - Key offerings
            • 12.7 Dow Inc.
              • Exhibit 138: Dow Inc. - Overview
              • Exhibit 139: Dow Inc. - Business segments
              • Exhibit 140: Dow Inc. - Key news
              • Exhibit 141: Dow Inc. - Key offerings
              • Exhibit 142: Dow Inc. - Segment focus
            • 12.8 ESD SIC bv
              • Exhibit 143: ESD SIC bv - Overview
              • Exhibit 144: ESD SIC bv - Product / Service
              • Exhibit 145: ESD SIC bv - Key offerings
            • 12.9 ESK SiC GmbH
              • Exhibit 146: ESK SiC GmbH - Overview
              • Exhibit 147: ESK SiC GmbH - Product / Service
              • Exhibit 148: ESK SiC GmbH - Key offerings
            • 12.10 Henan Yicheng New Energy Co. Ltd.
              • Exhibit 149: Henan Yicheng New Energy Co. Ltd. - Overview
              • Exhibit 150: Henan Yicheng New Energy Co. Ltd. - Product / Service
              • Exhibit 151: Henan Yicheng New Energy Co. Ltd. - Key offerings
            • 12.11 Hongwu International Group Ltd.
              • Exhibit 152: Hongwu International Group Ltd. - Overview
              • Exhibit 153: Hongwu International Group Ltd. - Product / Service
              • Exhibit 154: Hongwu International Group Ltd. - Key offerings
            • 12.12 Imerys S.A.
              • Exhibit 155: Imerys S.A. - Overview
              • Exhibit 156: Imerys S.A. - Business segments
              • Exhibit 157: Imerys S.A. - Key offerings
              • Exhibit 158: Imerys S.A. - Segment focus
            • 12.13 KYOCERA corp.
              • Exhibit 159: KYOCERA corp. - Overview
              • Exhibit 160: KYOCERA corp. - Business segments
              • Exhibit 161: KYOCERA corp. - Key news
              • Exhibit 162: KYOCERA corp. - Key offerings
              • Exhibit 163: KYOCERA corp. - Segment focus
            • 12.14 Miller and Co.
              • Exhibit 164: Miller and Co. - Overview
              • Exhibit 165: Miller and Co. - Product / Service
              • Exhibit 166: Miller and Co. - Key offerings
            • 12.15 Morgan Advanced Materials Plc
              • Exhibit 167: Morgan Advanced Materials Plc - Overview
              • Exhibit 168: Morgan Advanced Materials Plc - Business segments
              • Exhibit 169: Morgan Advanced Materials Plc - Key news
              • Exhibit 170: Morgan Advanced Materials Plc - Key offerings
              • Exhibit 171: Morgan Advanced Materials Plc - Segment focus
            • 12.16 Murugappa Group
              • Exhibit 172: Murugappa Group - Overview
              • Exhibit 173: Murugappa Group - Business segments
              • Exhibit 174: Murugappa Group - Key offerings
              • Exhibit 175: Murugappa Group - Segment focus
            • 12.17 Saint Gobain
              • Exhibit 176: Saint Gobain - Overview
              • Exhibit 177: Saint Gobain - Business segments
              • Exhibit 178: Saint Gobain - Key offerings
              • Exhibit 179: Saint Gobain - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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