CVD Silicon Carbide market will register a 9.8% CAGR in terms of revenue, the global market size will reach $ 324.5 million by 2027, from $ 223.7 million in 2022
Chemical vapor deposition (CVD) silicon carbide resists corrosion in extreme environments while maintaining its high strength and excellent wear properties of silicon carbide. This capability, combined with the exceptional purity of 99.9995%, is helping make the ultra-clean manufacturing used in semiconductor production run faster and more efficiently. CVD SILICON CARBIDE offers superior chemical resistance, thermal conductivity, stiffness, and thermal shock resistance. Components made of CVD SILICON CARBIDE exhibit low particle generation, are free of graphite and other contaminants and are useable at elevated temperatures (>1500oC).
CVD SILICON CARBIDE is resistant to degradation and etching due to fluorine, chlorine, bromine-based plasmas, electron beam, atomic oxygen, acids, and bases. Due to its chemical inertness, CVD SILICON CARBIDE components can be cleaned repeatedly in hydrochloric acid, sulfuric acid, nitric acid, and HF solutions without loss of dimensional accuracy. In addition, in-situ etching of semiconductor processing chambers with hydrochloric acid can be performed at elevated temperatures without degrading the wafer support components made of CVD SILICON CARBIDE.
The primary factor driving the growth of the silicon carbide ceramics market is the increase in industrialization and widespread industrial adoption of advanced ceramics for increasing industrial output and yield. Silicon carbide ceramics are becoming more popular due to their superior properties and broad application scope in the automotive, electronics, and electrical industries. However, the high cost of these ceramics in comparison to other materials is a major impediment to the global silicon carbide ceramics market's growth.
Top Key players in the CVD Silicon Carbide Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global CVD Silicon Carbide Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Tokai Carbon, Morgan Advanced Materials, Ferrotec, CoorsTek, Dow, AGC, SKC Solmics and others.
Industry News:
CVD Silicon Carbide Market is segmented based on the type, applications, companies and regions.
CVD Silicon Carbide Market has been segmented into By Type,
CVD Silicon Carbide Market has been segmented into By end user’s industry application,
The report offers in-depth assessment of the growth and other aspects of the CVD Silicon Carbide Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The size of the global CVD silicon carbide market is expected to grow at a CAGR of 18.7%, owing to increasing product launches by key market players in the world. Microchip Technology, for example, expanded their silicon carbide range in July 2021 with a set of high-reliability and high-efficiency 1700 V silicon carbide MOSFETs.
North America is expected to dominate the growth of the global CVD silicon carbide market, owing to the increasing presence of central market players in the region. For instance, in June 2021, Cree, Inc signed an agreement with Shenzhen Gospower Digital Technology Co., Ltd.
Asia Pacific is estimated to witness high growth in the global CVD silicon carbide market, owing to the increasing prevalence of constriction companies in the region. Moreover, increasing advancements in construction technologies are assessed to propel the growth of the market.
Report Attributes |
Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 9.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Tokai Carbon, Morgan Advanced Materials, Ferrotec, CoorsTek, Dow, AGC, SKC Solmics and others. |
Regions Covered |
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Countries Covered |
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Base Year |
2022 |
Historical Year |
2017 to 2021 |
Forecast Year |
2022 to 2027 |
Customization Available |
Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
The Relay Market is studied from 2022 - 2027.
What is the growth rate of CVD Silicon Carbide market?
The Relay Market is growing at a CAGR of 9.8% over the next 5 years.
Who are the key players in CVD Silicon Carbide market?
Tokai Carbon, Morgan Advanced Materials, Ferrotec, CoorsTek, Dow, AGC, SKC Solmics and others.
What region does this CVD Silicon Carbide market report covers?
North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of CVD Silicon Carbide market?
High Resistivity Grade, Middle Resistivity Grade, Low Resistivity Grade
What are the major end-use applications of CVD Silicon Carbide market?
Rapid Thermal Process Components, Plasma Etch Components, Susceptors & Dummy Wafer, LED Wafer Carriers & Cover Plates, Other
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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