The characteristics of CVD silicon carbide serve as a growth engine for the world market. Purity, chemical and oxidation resistance, rigidity, thermal shock resistance, and dimensional stability are only a few of its characteristics. Additionally, CVD silicon carbide offers superior electrical resistance, which is anticipated to drive up demand for the CVD silicon carbide market globally over the course of the research year.
At a CAGR of 7.5% from 2017 to 2030, the market for chemical vapour deposition silicon carbide is anticipated to increase from USD 1.02 billion in 2017 to USD 2.06 billion by 2030.
Key Competitors in the Cvd Silicon Carbide Industry:
1. Tokai Carbon: Built in 1918. Head office in Japan. The company Tokai Carbon Co Ltd is situated in Japan and produces a variety of carbon-based products, such as carbon black, graphite electrodes, fine carbon friction material, industrial furnaces, and other related items. Industrial Furnaces and Related Products, Carbon and Ceramics, and Carbon Black Business are its three reportable segments through which it conducts business. China's Tokai Carbon (Tianjin) Co., Ltd. carbon black plant is now owned by Cabot Corporation.
2. Morgan Advanced Materials: Built in 1855. A U.K.-based business called Morgan Advanced Materials PLC produces a wide range of specialised and high-specification materials. The company's product line also includes crucibles, seals and bearings, ceramic cores, linear and rotary transfer systems, piezoelectric sensors and transducers, high-temperature insulation products, electrical carbon and systems for transferring electrical energy in motor and generator applications. Carbo San Luis is acquired by Morgan Advanced Materials as its sole owner.
3. Ferrotec: Producing and developing semiconductor wafers for integrated circuits. The business offers high-quality wafers to a variety of industries and can mass produce wafers up to 6 inches, 8 inches, and 12 inches. Founded 2017. Head office in China. The acquisition of MeiVac Incorporated has been announced by Ferrotec (USA) Corporation, the US division of Ferrotec Holdings Corp., a global provider of materials, components, and precise system solutions.
4. CoorsTek: Built in 1910. United States headquarters. Producing engineered ceramics for the chemical, medical, aerospace, and other industries. The company offers a variety of goods and services, such as materials testing, analytical chemistry, custom manufacturing, and precision machining, as well as items like air quality monitors, ceramic blades and sharpeners, epoxy seal lids, pedestal heaters, and vacuum break filters. Through the acquisition of CoorsTek's Crucibles Business, Momentive Technologies strengthens its position as a market leader in advanced materials for silicon semiconductors.
5. Dow: A global producer of diverse chemicals, Dow Chemical was created in 2019 as a result of the merger of DowDuPont and succeeding divisions. The company is a major manufacturer of a number of chemicals, such as silicone rubber, ethylene oxide, and polyethylene. Numerous end markets, including the consumer and industrial ones, can use its products.
6. AGC: Built in 1907. Head office in Japan. Based on the kind of product, Automotive glass and Float glass are the two categories in which AGC Inc. manufactures and markets glass and goods linked to glass. The main automotive glass provider in India is the automotive glass segment, which accounts for the majority of revenue. AGC Networks gains 10% after buying Black Box.
7. SKC solmics: A South Korean company situated in Gyeonggi-do that manufactures semiconductor components. The business produces liquid crystal display (LCD) components and semiconductor materials. Its goods also include parts for precision cleaning and cold spray coating composed of alumina, silicon, quartz, and silicon carbide. Created in 1990. Head office in South Korea. A group of shareholders' remaining 7.9% ownership in SKC Solmics Co., Ltd. was successfully acquired by SKC Co., Ltd.
*Definition: The unique CVD SiC technology, which Schunk markets under the name P 60, is used to produce components that are characterized by high corrosion, oxidation and heat resistance as well as wear resistance.
