Press Release

Global CVD SiC Market is Expected to exhibit a CAGR of 7.12% between 2017 and 2023

Date : Oct 23, 2018

New report published by Global QYResearch which offers insights on the global CVD SiC market. The CVD SiC market has been experiencing steady growth graph since past years. The global CVD SiC market is valued at 134.5 million USD in 2017 and is expected to reach 203.2 million USD in 2023, with the CAGR of 7.12% during the period of 2017 to 2023.

Global CVD SiC Market: Market Driver and Restraint

CVD SiC is a kind of SiC materials produced via Chemical Vapor Deposition(CVD) process. CVD SiC material has a unique combination of excellent thermal, electrical and chemical properties that makes it well-suited to applications across semi-conductor industries where a high performance material is required.

The market of CVD SiC is highly concentrated as the industry has high technology barrier. Key manufacturers, such as Tokai Carbon, Morgan Advanced Materials, dominate the market. It is difficult for new entrants to enter the industry.

Global CVD SiC Market: Key Takeaways

  • The raw materials of CVD SiC include methyltrichlorosilane, hydrogen, argon, graphite and so on. Methyltrichlorosilane is the main process gas while hydrogen is used as a carrier gas. Graphite is provided as a substrate for the CVD-SiC.
  • Due to the high technology barrier, the industry is mainly held by a few companies, such as Tokai Carbon, Morgan Advanced Materials, CoorsTek and so on.

Global CVD SiC Market: Forecast by Nature

Global market size of CVD SiC is relatively small presently, because of the limited supply. The market was valued at 134.50 million USD in 2017. North America and Japan are the key consumption regions. The total two regions accounted for 78.27% share in the year.

Global CVD SiC Market: Forecast by Application

CVD SiC material has a unique combination of excellent thermal, electrical and chemical properties that makes it well-suited to applications across semi-conductor industries where a high performance material is required. CVD SiC is mainly used in the semiconductor industry, LED industry and so on.

Global CVD SiC Market: Forecast by Form

According to its resistivity, CVD SiC can be divided into High Resistivity Grade, Middle Resistivity Grade and Low Resistivity Grade. High Resistivity Grade is the most preferred one by consumers.

Global CVD SiC Market: Forecast by Region

North America, Europe, Korea, Japan are the four regions that are included in this report. North America is the largest producer of CVD SiC, owning about 44% production share globally. The follower is Japan, contributed about 40% share as well. As for developing countries, such as China, there are few producers at the moment.

Global CVD SiC Market: Key Players

Tokai Carbon, Morgan Advanced Materials, Ferrotec, CoorsTek, Dow, AGC, SKC solmics, are the key vendors included in this report.

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