SIC Powder Market Scope
Silicon carbide powders are utilized for abrasive machining processes such as grinding, sandblasting, and water-jet cutting. SiC can be laminated in paper, cloth, or wood to produce frictional grip. It can also be used for shaping, honing, and polishing other materials. Silicon carbide powder possesses various properties such as high strength, excellent chemical resistance, and high hardness, among others.
The market study is segmented by Type (Green SiC Powder and Black SiC Powder), by Application (Abrasives, Refractories, Metallurgy, Special Ceramics, Electronics and Other) and major geographies with country level break-up.
The market is highly competitive due to the presence of several prominent vendors. These players are adopting some organic and inorganic strategies such as merger, acquisition, partnerships, and product launches, among others in order to gain competitive advantage. Moreover, some of these players are focusing on technological advancements in order to provide the products as per the dynamic market needs. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global SIC Powder market throughout the predicted period.
Carborundum Universal Ltd (India), AGSCO Corporation (United States), Dow Chemical Co. (United States), ESD-SIC b.v. (Netherlands), Entegris Inc. (United States), ESK-SIC GmbH (Germany), Grindwell Norton Ltd. (India), Snam Abrasives Pvt. Ltd. (India), Gaddis Engineered Materials (United States), Saint-Gobain Ceramics Materials GmbH (Germany) and Washington Mills (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global SIC Powder market by Type, Application and Region.
On the basis of geography, the market of SIC Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Rising Application in Automotive Industry
- Increase in the Demand for Power Electronics Fueling the Growth of the Market
- Rising Application of SIC Powder in Nuclear Applications
- Increased Application of SIC Powder in Military
- Emerging Demand from Developing Countries
- Economic Slowdown Hampers the Growth of the Market
Key Target AudienceSIC Powder Manufacturers, SIC Powder Traders/Distributors, Regulatory & Government Bodies, Upstream & Downstream Vendors, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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