PUBLISHER: The Business Research Company | PRODUCT CODE: 1731032
PUBLISHER: The Business Research Company | PRODUCT CODE: 1731032
Sintering silicon carbide is a high-performance material created through a sintering process, where silicon carbide powder is heated to a high temperature to form a dense and durable structure. This process improves the performance and longevity of components such as bearings, seals, and other high-wear parts.
The main types of sintering silicon carbide include hot pressing sintering, pressureless sintering, reaction sintering, recrystallization sintering, microwave sintering, and others. Hot pressing sintering involves applying both heat and pressure to powders in a mold to form materials. Silicon carbide comes in various forms such as powder, solid, and fiber. These materials are used in a range of applications, including automotive components, heat exchanger tubes, mechanical seals, bearings, semiconductor production, and more.
The sintering silicon carbide market research report is one of a series of new reports from The Business Research Company that provides sintering silicon carbide market statistics, including the sintering silicon carbide industry global market size, regional shares, competitors with the sintering silicon carbide market share, detailed sintering silicon carbide market segments, market trends, and opportunities, and any further data you may need to thrive in the sintering silicon carbide industry. This sintering silicon carbide market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The sintering silicon carbide market size has grown strongly in recent years. It will grow from $1.83 billion in 2024 to $1.97 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth observed in the historic period can be attributed to factors such as the increasing demand for high-performance components in the automotive industry, greater consumption in the semiconductor industry, rising demand for advanced semiconductors, higher use of consumer electronics, and the growing adoption of silicon carbide powders in the aerospace and defense industries.
The sintering silicon carbide market size is expected to see strong growth in the next few years. It will grow to $2.60 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth expected during the forecast period can be attributed to factors such as the increasing demand for electric vehicles (EVs) and renewable energy technologies, the growing demand for high-performance electronics, advancements in the semiconductor industry, rising adoption of power devices in industrial applications, and the expanding use of silicon carbide in electronics and semiconductors. Key trends in the forecast period include a shift toward electric vehicles (EVs) and hybrid electric vehicles (HEVs), a focus on sustainable energy solutions, and the emerging markets for LED lighting and optoelectronics.
The growing demand for consumer electronics is expected to drive the expansion of the sintering silicon carbide market. Consumer electronics, which include devices such as smartphones, laptops, TVs, gaming consoles, and smart home gadgets, are becoming increasingly essential in daily life. These devices simplify tasks, enhance connectivity, and offer smart solutions for communication and home automation. Sintering silicon carbide improves these electronics by providing durable, heat-resistant, and high-performance components for power electronics, semiconductors, and protective coatings, ensuring better efficiency, reliability, and longevity. For example, in January 2023, LG, a South Korea-based consumer electronics company, reported its highest-ever annual revenue in 2022, with a 12.9% increase from 2021. Additionally, its Home Appliance & Air Solution Company saw a 10.3% revenue growth compared to the previous year. This increasing demand for consumer electronics is driving the growth of the sintering silicon carbide market.
Companies in the sintering silicon carbide market are developing advanced solutions such as semiconductor devices to improve performance in high-power, high-efficiency applications. These devices utilize cutting-edge materials and technologies to enhance efficiency, speed, and power handling across industries such as computing, communication, and energy. For instance, in June 2022, BYD Semiconductor Co., Ltd., a China-based semiconductor manufacturer, introduced a 1200V 1040A Silicon Carbide (SiC) power module. This module offers nearly 30% more power than mainstream products without changing the original package size. It uses a double-sided sintering process on the bottom surface, replacing traditional soldering methods. This innovation improves thermal conductivity by up to 10 times and enhances reliability by more than five times.
In October 2024, Carborundum Universal Limited (CUMI), an India-based manufacturing company, acquired Silicon Carbide Products, Inc. (SCP) for $6.66 million. This acquisition allows CUMI to expand its advanced ceramics portfolio and enhance its capabilities in silicon carbide-based solutions. Silicon Carbide Products Inc. (SCP), based in the U.S., specializes in manufacturing silicon carbide (SiC) products.
Major players in the sintering silicon carbide market are Saint-Gobain Ceramic Materials, Fujitsu Limited, Kyocera Corporation, Onsemi, Rohm Semiconductor, Vesuvius plc, CoorsTek Inc., Schunk Carbon Technology (Schunk Group), Morgan Advanced Materials plc, Noritake Co. Limited, CeramTec GmbH, National Silicon Industries Ltd. (NSIL), H.C. Starck Ceramics GmbH, Elmet Technologies Inc., Blasch Precision Ceramics Inc., Rauschert GmbH, Panadyne Inc., Advanced Ceramic Materials (ACM), Syalon Ceramics (International Syalons), SentroTech Corporation.
Asia-Pacific was the largest region in the sintering silicon carbide market in 2024. The regions covered in sintering silicon carbide report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the sintering silicon carbide market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The sintering silicon carbide market consists of sales of spark plasma sintered silicon carbide (SPS-SiC), nano-grained SiC, and sintering silicon carbide ceramics. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sintering Silicon Carbide Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sintering silicon carbide market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for sintering silicon carbide ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The sintering silicon carbide market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.