North America Silicon Carbide Market Report 2021-2027: Incrementing Adoption of Electric Vehicles & Rise in the Focus on Investments, Product Innovations, Expansion, Partnerships, and Acquisitions – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North America Silicon Carbide Market Forecast to 2027 – COVID-19 Impact and Regional Analysis by Type, End-Use Industry, and Country” report has been added to ResearchAndMarkets.com’s offering.

The silicon carbide market in North America is expected to grow from US$ 123.38 million in 2019 to US$ 336.76 million by 2027; it is estimated to grow at a CAGR of 13.5% from 2020 to 2027.

Based on type, the black silicon carbide segment led the silicon carbide market in 2019. Black silicon carbide is an extremely hard man-made mineral that possesses high thermal conductivity along with high strength at elevated temperatures, e.g., at 1000C, SiC is 7.5-times stronger than aluminum oxide. SiC has a modulus of elasticity of ~410 GPa and can operate with the desired strength at temperatures up to 1600C; also, it does not melt at normal temperature but dissociates at 2600C.

Black silicon carbide is usually available in the form of blocks, gains, and powder. It is employed as bonded and industrial abrasives, coated abrasives, refractories and ceramics, and refractories and ceramics. Black silicon carbide powder is widely utilized for grinding nonferrous materials, finishing tough and hard materials, and filling up ceramic parts due to its lower cost.

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America silicon carbide market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the North America silicon carbide market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth North America market trends and outlook coupled with the factors driving the silicon carbide market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. North America Silicon Carbide Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Expert Opinion

5. North America Silicon Carbide Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Expansion of Electronics and Semiconductors Industries

5.1.2 Diversified Range of Applications

5.2 Market Restraints

5.2.1 High Material Cost associated with Silicon Carbide

5.3 Market Opportunities

5.3.1 Rise in the Focus on Investments, Product Innovations, Expansion, Partnerships, and Acquisitions

5.4 Future Trends

5.4.1 Incrementing Adoption of Electric Vehicles

5.5 Impact Analysis of Drivers and Restraint

6. Silicon carbide – North America Market Analysis

6.1 Silicon carbide Market Overview

7. North America Silicon Carbide Market Analysis – By Type

7.1 Overview

7.2 Silicon Carbide Market, By Type (2019 and 2027)

7.3 Black Silicon Carbide

7.3.1 Overview

7.3.2 Black Silicon Carbide: Silicon carbide Market – Revenue and Forecast to 2027 (US$ Mn)

7.4 Green Silicon Carbide

8. North America Silicon Carbide Market Analysis – By End-Use Industry

8.1 Overview

8.2 Silicon Carbide Market, By End-use industry (2019 and 2027)

8.3 Automotive

8.3.1 Overview

8.3.2 Automotive: Silicon Carbide Market – Revenue and Forecast to 2027 (US$ Mn)

8.4 Aerospace and Aviation

8.5 Military and Defense

8.6 Electronics and Semiconductors

8.7 Medical and Healthcare

8.8 Steel

9. Silicon Carbide (SiC) Market – Country Analysis

9.1 Overview

9.1.1 North America: Silicon Carbide (SiC) Market, by Key Country

10. Overview – Impact of COVID-19 on North America Silicon Carbide Market

10.1 North America: Impact Assessment of COVID-19 Pandemic

11. Company Profiles

• Agsco Corp
• Carborundum Universal Limited
• Futong Industry Co. Limited
• Electro Abrasives, LLC
• Washington Mills
• Grindwell Norton Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/26ixhm

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