CVD SILICON CARBIDE MARKET ANALYSIS

CVD Silicon Carbide Market, by Product Type (High Resistivity Grade, Middle Resistivity Grade, and Low Resistivity Grade), by Application (Rapid Thermal Process Components, Plasma Etch Components, Susceptors and Dummy Wafer, LED Wafer Carriers and Cover Plates, and Others), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Market Dynamics:

The properties of CVD silicon carbide aid as driver for global market growth. Few of its properties include purity, chemical and oxidation resistance, stiffness, thermal shock resistance, and dimensional stability, among others. Furthermore, CVD silicon carbide has good resistance to electricity, which is expected to boost demand for global CVD silicon carbide market over the forecast period.
However, price for CVD silicon carbide is higher as compared to any other silicon carbides available. This factor is expected to hamper growth of the global CVD silicon carbide market during the forecast period.