1 Global High Purity SiC Powder Market Size (Value) and CAGR (2024-2033)
In 2024, the global High Purity SiC Powder market was valued at USD 84.95 million, with a CAGR of 9.36% from 2024 to 2033.
High Purity SiC Powder, defined as silicon carbide product with a purity level of 2N and above, is a lightweight ceramic material known for its high strength properties, comparable to diamond. It boasts excellent thermal conductivity, low thermal expansion, and resistance to acid corrosion, making it an exceptional material for applications demanding superior erosion and abrasive resistance.
Figure Global High Purity SiC Powder Market Size (M USD) and CAGR 2024-2033
2 High Purity SiC Powder Market Drivers and Trends
The High Purity SiC Powder market is experiencing robust growth, primarily driven by its extensive applications across various industries. One of the key drivers is the material’s versatility and performance in high-power electronic semiconductor devices. Silicon carbide, being one of the third-generation semiconductor materials, is ideal for creating electronic devices that can withstand high temperatures, high frequencies, and possess radiation resistance, high power, and high-density integration capabilities. This has led to a surge in demand for High Purity SiC Powder in the semiconductor industry, particularly with the advent of 5G technology and the need for high-frequency, high-speed, and high-power electronic devices.
The market trends indicate a shift towards Asia-Pacific as a significant strategic market. This region, with its emerging economies and large population, accounts for a substantial share of global semiconductor production, thereby driving the demand for High Purity SiC Powder. The growth in consumer electronics, industrial electronics, computer hardware, and electronic components in the Asia-Pacific countries is expected to further stimulate the market.
Additionally, the region’s focus on new energy production, such as electric vehicles and photovoltaics, which utilize SiC-based devices for their efficiency and performance, is another key trend bolstering the market growth.
3 Challenges and Restraints of High Purity SiC Powder Market
One of the primary challenges is the issue of impurities in SiC, which can significantly impact the manufacturing process of semiconductors and next-generation energy devices. The purity of the SiC powder is crucial, as it directly affects the electrical properties of the grown crystals and the performance of the final product. Reducing the concentration of impurities, particularly nitrogen, in the powder is a significant difficulty in the preparation of high-purity SiC powder.
Another restraint is the high manufacturing cost associated with SiC semiconductor devices. The production cost of SiC-based devices is relatively high compared to silicon-based devices, which limits the market expansion to some extent. The technology for high-voltage SiC devices is still maturing, and device packaging has not fully met the demands of high-frequency and high-temperature applications.
Additionally, there are cost-effective alternatives to SiC in the market, such as gallium nitride, which is used as transistors in power modules. This competition from alternative materials poses a threat to the growth of the High Purity SiC Powder market. The market’s growth is also influenced by regional policies and economic indicators, which can either promote or hinder its expansion.
4 Global High Purity SiC Powder Market Size and Share by Type in 2024
The global High Purity SiC Powder market is characterized by a variety of types, each with distinct purity levels that cater to different industrial needs.
The 99% (2N) SiC powder, representing the lowest purity level among the segments, is forecasted to generate a revenue of 24.37 M USD in 2024. This type is utilized in applications where high purity is not a stringent requirement. The 99.9% (3N) grade, offering a higher level of purity, is expected to reach a revenue of 22.57 M USD, suitable for more refined industrial processes.
The 99.99% (4N) SiC powder, known for its superior purity, is projected to have a revenue of 18.60 M USD. This type is crucial for applications in the semiconductor industry where high purity is essential for the performance and reliability of devices. The 99.999% (5N) grade, with its ultra-high purity, is anticipated to generate 13.07 M USD, often used in the most demanding semiconductor and electronic applications.
Lastly, the 99.9999% (6N) SiC powder, the purest form, is expected to yield 6.34 M USD. This extreme level of purity is required for specialized applications where impurities can significantly affect performance, such as in advanced electronics and high-power devices.
Table Global High Purity SiC Powder Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
99% (2N) | 24.37 | 28.69% |
99.9% (3N) | 22.57 | 26.57% |
99.99% (4N) | 18.60 | 21.90% |
99.999% (5N) | 13.07 | 15.38% |
99.9999% (6N) | 6.34 | 7.47% |
5 Global High Purity SiC Powder Market Size and Share by Application in 2024
The High Purity SiC Powder market is segmented into various applications, each with its own market scale in terms of revenue.
Ceramic applications are projected to reach 26.72 M USD in 2024. High Purity SiC Powder is used in the ceramics industry for its exceptional properties such as low density, high hardness, and temperature resistance, making it ideal for aerospace, machinery, and electronics.
The Semiconductor application is projected to reach 28.25 M USD, reflecting the material’s significance in the semiconductor industry. Silicon carbide is a mature third-generation semiconductor material, used in power devices and known for improving the utilization rate of electric energy.
Material Processing is expected to contribute 26.08 M USD, utilizing SiC powder for abrasive machining processes like grinding, sandblasting, and water-jet cutting. SiC is also used for shaping, honing, and polishing other materials due to its abrasive properties.
Table Global High Purity SiC Powder Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
Ceramic | 26.72 | 31.46% |
Semiconductor | 28.25 | 33.26% |
Material Processing | 26.08 | 30.70% |
Others | 3.89 | 4.58% |
6 Global High Purity SiC Powder Market Size by Region in 2024
The global High Purity SiC Powder market is distributed across various regions, each with distinct market scales and development statuses.
North America is expected to lead with a revenue of 33.57 M USD, attributed to the region’s strong presence in the high-tech industry and advanced manufacturing sectors. The region’s economic development and technological innovation progress contribute to the High Purity SiC Powder market growth.
Europe follows with an expected revenue of 11.04 M USD, driven by the region’s established industrial base and demand for high-performance materials in various applications, including automotive and aerospace.
China is projected to generate 17.18 M USD, reflecting the country’s rapid industrialization and growing demand for high-purity materials in its expanding electronics and semiconductor industries.
Japan, with its advanced technology sector, is expected to contribute 20.29 M USD to the market. The region’s focus on high-quality materials and precision manufacturing drives the demand for High Purity SiC Powder.
Figure Global High Purity SiC Powder Market Size by Region in 2024
7 Major Players in Global High Purity SiC Powder Market
7.1 Fiven
Fiven, established in 2019 and headquartered in Europe, is a leading producer of Silicon Carbide. With a strong presence in Europe, Americas, and Asia, Fiven specializes in high-purity silicon carbide powders tailored to the electronics and semiconductor industry.
In the latest year, Fiven reported a revenue of 10.92 M USD, with a gross margin of 53.68%.
Their product offerings include SIKA e-SiC®, a high-purity silicon carbide material developed through an innovative process, available in various sizes to cater to customer-specific needs.
7.2 Washington Mills
Washington Mills, with a rich history dating back to 1868, is a significant player in the production of abrasive grain and electro-fused mineral products. Operating mainly in North America and Europe, Washington Mills contributes to a wide range of industrial applications.
In the latest year, the company achieved a revenue of 7.49 M USD, boasting a gross margin of 46.85%.
Their flagship product, CRYSTAL SiC, is an ultra-high purity silicon carbide grain or powder, manufactured to achieve extremely low levels of impurities, making it ideal for semiconductor, electronic, and ceramic applications where impurities can impair the performance of the final product.
7.3 Pacific Rundum
Established in 1936, Pacific Rundum is based in Japan and has a strong foothold in Asia and North America. The company operates in two main business segments: Grinding and Abrasive Materials, and Fine Ceramics.
Pacific Rundum recorded a revenue of 7.49 M USD in the latest year, with a gross margin of 46.85%.
Their product lineup features ultra-high purity silicon carbide GMF-CVD, a high-purity powder refined using proprietary technology, suitable for single crystal SiC applications such as power devices, LEDs, and communication devices.