Global Silicon Carbide Heating Element Market Growth 2023-2029

Global Silicon Carbide Heating Element Market Growth 2023-2029

The global Silicon Carbide Heating Element market size is projected to grow from US$ 110.5 million in 2022 to US$ 156.6 million in 2029; it is expected to grow at a CAGR of 156.6 from 2023 to 2029.

The key manufacturers of silicon carbide heating element in the world include Tokai Konetsu Kogyo, Sandvik, CoorsTek Corporation, I Squared R Element Co., Inc, Noritake, Silcarb, SICTECH, American Elements, Zhengzhou Ruisheng, New Material Technology, Zhengzhou Shibo, Insulcon and Zhengzhou Songshan, etc. Among them, the top five manufacturers account for nearly 30% of the market share, and the largest manufacturer is Tokai Konetsu Kogyo. The production of silicon carbide heating elements in the world is mainly distributed in Japan, North America, China and Europe, among which the first two production regions account for nearly 50% of the market share. At present, Japan is the largest production region, accounting for more than 20% of the market share, followed by North America and China. In terms of products, the relative growth rate of U-Shape and W-Shape is faster. At present, the market share of straight stick is close to 50%. In terms of application, metallurgy is the largest application field, with more than 30% market share, followed by machine processing and analytical instruments.

Silicon carbide heating elements are usually tubular or cylindrical and made of high purity silicon carbide particles fused together through a reaction bonding process or a recrystallization process where the temperature is raised above a specified temperature. Silicon carbide is a ceramic material with relatively high electrical conductivity when compared to other ceramics. Elements are produced by pressing or extruding and then sintering. Silicon Carbide Heating Elements are used in diverse number of settings, from ceramics and heat treating to metallurgy, assaying and incineration etc.

LPI (LP Information)' newest research report, the “Silicon Carbide Heating Element Industry Forecast” looks at past sales and reviews total world Silicon Carbide Heating Element sales in 2022, providing a comprehensive analysis by region and market sector of projected Silicon Carbide Heating Element sales for 2023 through 2029. With Silicon Carbide Heating Element sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silicon Carbide Heating Element industry.

This Insight Report provides a comprehensive analysis of the global Silicon Carbide Heating Element landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silicon Carbide Heating Element portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Silicon Carbide Heating Element market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silicon Carbide Heating Element and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silicon Carbide Heating Element.

This report presents a comprehensive overview, market shares, and growth opportunities of Silicon Carbide Heating Element market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Straight Stick
U-shape And W-shape
Others

Segmentation by application
Metallurgy
Machine Processing
Semiconductor
Analytical Instruments
Others

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
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tokai Konetsu Kogyo
Sandvik
CoorsTek Corporation
I Squared R Element Co., Inc.
Noritake
Silcarb
SICTECH
American Elements
Zhengzhou Ruisheng
New Material Technology
Zhengzhou Shibo
Insulcon
Zhengzhou Songshan
Electric Heating Element
Dpstar Group
SIM Srl
Volton

Key Questions Addressed in this Report

What is the 10-year outlook for the global Silicon Carbide Heating Element market?

What factors are driving Silicon Carbide Heating Element market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Silicon Carbide Heating Element market opportunities vary by end market size?

How does Silicon Carbide Heating Element break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.