Silicon Carbide Market Size, Trends, Share & Growth 2030
Silicon carbide is a hard refractory material that is a synthetically produced crystalline compound of silicon and carbon. It has been an essential material for sandpapers,
On a year-over-year basis, the prices of Silicon Carbide (United States) increased significantly by 10%. Meanwhile, the average price of Silicon Carbide (China) amounted to 965 USD per metric ton, from 975 USD per metric ton one year earlier.
Silicon Carbide Price Trend for the First Half of 2023 Asia The price trend of silicon carbide is dependent on the market activities of silicon dioxide and carbon, as they both serve as feedstock materials.
Silicon carbide reduces power system loss by 50%, owing to which the adoption of silicon carbide is increasing in various applications such as industrial motor drives, power supply and inverters, lighting control, and others.
According to Procurement Resource, unless demand strengthens significantly or production is curtailed, Silicon Carbide prices may remain under pressure through the second half of 2025. Silicon Carbide Price Trend Analysis for 2024 Asia In the Asia Pacific region, Silicon Carbide prices showed considerable volatility throughout 2024.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Download detailed product specifications, case studies, and technical data for our off-grid PV containers and mobile energy storage solutions.
15 Innovation Drive
Johannesburg 2196, South Africa
+27 87 702 3126
Monday - Friday: 7:30 AM - 5:30 PM SAST