Global Ultra High Purity Silicon Carbide Market Size study, by Application (Semiconductor, LEDs, Others) and Regional Forecasts 2022-2028

Global Ultra High Purity Silicon Carbide Market Size study, by Application (Semiconductor, LEDs, Others) and Regional Forecasts 2022-2028

Global Ultra High Purity Silicon Carbide Market is valued approximately USD 34.51 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.8% over the forecast period 2022-2028. The steady production of semiconductors all over the world has assisted the expansion of the ultra-high purity silicon carbide industry. Rising demand from the steel, electrical, and semiconductor sectors is driving the market for ultra-high purity silicon carbide. The need for ultra-high purity silicon carbide semiconductors is predicted to rise in response to the growing demand for electric cars. Globally, the usage of renewable energy sources for power generation is increasing. Growing demand for light-emitting diodes is another significant driver likely to fuel market expansion in the coming years. Impurities in LEDs are removed using ultra-high purity silicon carbide. One of the primary restraints in this sector is the large cost of the chip required to make silicon carbide-based semiconductors. In the medium term, the growing cost of improvements, notably in semiconductor design and manufacture, may provide hurdles to the market. As production capacity develops outside of the nation, the semiconductor sector in the United States may encounter issues. Artificial intelligence, 5G technology, and quantum computing are projected to create new growth prospects for industry players. Increased use of these technologies, particularly in the United States, is likely to fuel market expansion in the coming years. Pallidus, Inc. introduced M-SiC, an ultra-pure silicon carbide product for silicon carbide power devices, in August 2017. This move was made in order to seize new prospects in the aerospace, electric car, and energy sectors. Bridgestone Corporation, a Japanese tyre and rubber producer, transferred its ultra-high purity silicon carbide component business to Maruwa Co., Ltd., a Japanese ceramics manufacturer for electrical and industrial applications, in October 2018. However, the high cost of Ultra High Purity Silicon Carbide restrains market expansion from 2022 to 2028.

The key regions considered for the Global Ultra High Purity Silicon Carbide Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. A result of the expanding demand from the electronics and ultimately semiconductor sectors, Asia Pacific had the greatest volume share. South Korea, Taiwan, Japan, and China are among the top ten semiconductor producers in the world. Asia Pacific accounted for more than 45% of worldwide semiconductor output. North America accounted for the second-largest revenue share. Demand for power electronics is projected to benefit North American vendors. Power electronics devices are becoming smaller and lighter in size, and they are more favoured in end-use sectors.

Major market player included in this report are:
Washington Mills
CoorsTek Inc.
JJISCO Inc.
Pacific Rundum Co., Ltd.
American Elements
LG Innotek
Ferrotec Corporation
Nanoshel LLC
Bridgestone Corporation
AGC In
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Application:
Semiconductor
LEDs
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Ultra High Purity Silicon Carbide Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Washington Mills
CoorsTek Inc.
JJISCO Inc.
Pacific Rundum Co., Ltd.
American Elements
LG Innotek
Ferrotec Corporation
Nanoshel LLC
Bridgestone Corporation
AGC In

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Ultra High Purity Silicon Carbide Market, by Region, 2020-2028 (USD Billion)
1.2.2. Ultra High Purity Silicon Carbide Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ultra High Purity Silicon Carbide Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ultra High Purity Silicon Carbide Market Dynamics
3.1. Ultra High Purity Silicon Carbide Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising demand from steel industry, electrical, and semiconductor industries
3.1.1.2. Growing demand for light-emitting diodes
3.1.2. Market Challenges
3.1.2.1. High Cost of Ultra High Purity Silicon Carbide
3.1.3. Market Opportunities
3.1.3.1. Growing use of renewable energy sources for electricity generation globally
Chapter 4. Global Ultra High Purity Silicon Carbide Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Ultra High Purity Silicon Carbide Market, by Application
6.1. Market Snapshot
6.2. Global Ultra High Purity Silicon Carbide Market by Application, Performance - Potential Analysis
6.3. Global Ultra High Purity Silicon Carbide Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Ultra High Purity Silicon Carbide Market, Sub Segment Analysis
6.4.1. Semiconductor
6.4.2. LEDs
6.4.3. Others
Chapter 7. Global Ultra High Purity Silicon Carbide Market, Regional Analysis
7.1. Ultra High Purity Silicon Carbide Market, Regional Market Snapshot
7.2. North America Ultra High Purity Silicon Carbide Market
7.2.1. U.S. Ultra High Purity Silicon Carbide Market
7.2.1.1. Application breakdown estimates & forecasts, 2018-2028
7.2.2. Canada Ultra High Purity Silicon Carbide Market
7.3. Europe Ultra High Purity Silicon Carbide Market Snapshot
7.3.1. U.K. Ultra High Purity Silicon Carbide Market
7.3.2. Germany Ultra High Purity Silicon Carbide Market
7.3.3. France Ultra High Purity Silicon Carbide Market
7.3.4. Spain Ultra High Purity Silicon Carbide Market
7.3.5. Italy Ultra High Purity Silicon Carbide Market
7.3.6. Rest of Europe Ultra High Purity Silicon Carbide Market
7.4. Asia-Pacific Ultra High Purity Silicon Carbide Market Snapshot
7.4.1. China Ultra High Purity Silicon Carbide Market
7.4.2. India Ultra High Purity Silicon Carbide Market
7.4.3. Japan Ultra High Purity Silicon Carbide Market
7.4.4. Australia Ultra High Purity Silicon Carbide Market
7.4.5. South Korea Ultra High Purity Silicon Carbide Market
7.4.6. Rest of Asia Pacific Ultra High Purity Silicon Carbide Market
7.5. Latin America Ultra High Purity Silicon Carbide Market Snapshot
7.5.1. Brazil Ultra High Purity Silicon Carbide Market
7.5.2. Mexico Ultra High Purity Silicon Carbide Market
7.6. Rest of The World Ultra High Purity Silicon Carbide Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Washington Mills
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. CoorsTek Inc.
8.2.3. JJISCO Inc.
8.2.4. Pacific Rundum Co., Ltd.
8.2.5. American Elements
8.2.6. LG Innotek
8.2.7. Ferrotec Corporation
8.2.8. Nanoshel LLC
8.2.9. Bridgestone Corporation
8.2.10. AGC In
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of Tables
TABLE 1. Global Ultra High Purity Silicon Carbide Market, report scope
TABLE 2. Global Ultra High Purity Silicon Carbide Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Ultra High Purity Silicon Carbide Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 4. Global Ultra High Purity Silicon Carbide Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 5. Global Ultra High Purity Silicon Carbide Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Ultra High Purity Silicon Carbide Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Ultra High Purity Silicon Carbide Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Ultra High Purity Silicon Carbide Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Ultra High Purity Silicon Carbide Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Ultra High Purity Silicon Carbide Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Ultra High Purity Silicon Carbide Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Ultra High Purity Silicon Carbide Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Ultra High Purity Silicon Carbide Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. U.S. Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 16. U.S. Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. Canada Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. Canada Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. Canada Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. UK Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. UK Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. UK Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. Germany Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. Germany Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. Germany Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. RoE Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. RoE Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. RoE Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. China Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. China Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. China Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. India Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. India Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. India Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. Japan Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. Japan Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. Japan Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. RoAPAC Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. RoAPAC Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. RoAPAC Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. Brazil Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. Brazil Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. Brazil Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Mexico Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Mexico Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Mexico Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. RoLA Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. RoLA Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. RoLA Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. Row Ultra High Purity Silicon Carbide Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. Row Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. Row Ultra High Purity Silicon Carbide Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. List of secondary sources, used in the study of global Ultra High Purity Silicon Carbide Market
TABLE 54. List of primary sources, used in the study of global Ultra High Purity Silicon Carbide Market
TABLE 55. Years considered for the study
TABLE 56. Exchange rates considered
List of figures
FIG 1. Global Ultra High Purity Silicon Carbide Market, research methodology
FIG 2. Global Ultra High Purity Silicon Carbide Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Ultra High Purity Silicon Carbide Market, key trends 2021
FIG 5. Global Ultra High Purity Silicon Carbide Market, growth prospects 2022-2028
FIG 6. Global Ultra High Purity Silicon Carbide Market, porters 5 force model
FIG 7. Global Ultra High Purity Silicon Carbide Market, pest analysis
FIG 8. Global Ultra High Purity Silicon Carbide Market, value chain analysis
FIG 9. Global Ultra High Purity Silicon Carbide Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Ultra High Purity Silicon Carbide Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Ultra High Purity Silicon Carbide Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Ultra High Purity Silicon Carbide Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Ultra High Purity Silicon Carbide Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Ultra High Purity Silicon Carbide Market, regional snapshot 2018 & 2028
FIG 15. North America Ultra High Purity Silicon Carbide Market 2018 & 2028 (USD Billion)
FIG 16. Europe Ultra High Purity Silicon Carbide Market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific Ultra High Purity Silicon Carbide Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Ultra High Purity Silicon Carbide Market 2018 & 2028 (USD Billion)
FIG 19. Global Ultra High Purity Silicon Carbide Market, company Market share analysis (2021)

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