CVD SiC Market: Remarkable Global Growth Outlook 2018-2023
In this report, we covers the present scenario (with the base year being 2017) and the growth prospects of global CVD SiC market for 2018-2023.
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.
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. With its more applications in downstream industry, global production of CVD SiC experienced fast growth, increasing from 808 MT in 2013 to 1088 MT in 2017.
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.
In order to meet downstream various demand, CVD SiC manufacturers are trying to expand their supply as well as providing innovative and advanced CVD SiC products to the semiconductor industry as well as other industries. We tend to believe that this industry has a promising future, considering the current demand. Once the technology barrier is overcome, more capacity will be released and the market will grow faster.
Over the next five years, our projects that CVD SiC will register a 7.1% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 130 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of CVD SiC market by product type, application, key manufacturers and key regions.
To calculate the market size, we considers value and volume generated from the sales of the following segments:
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Segmentation by product type:
- High Resistivity Grade
- Middle Resistivity Grade
- Low Resistivity Grade
Segmentation by application:
- Rapid Thermal Process Components
- Plasma Etch Components
- Susceptors & Dummy Wafer
- LED Wafer Carriers & Cover Plates
- Other
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
- Tokai Carbon
- Morgan Advanced Materials
- Ferrotec
- CoorsTek
- Dow
- AGC
- SKC solmics
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global CVD SiC consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of CVD SiC market by identifying its various subsegments.
- Focuses on the key global CVD SiC manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the CVD SiC with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of CVD SiC submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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