According to a new report from Reportlinker.com, black SiC has been the largest market and is expected to show the highest growth up to 2019

High demand for steel manufacturing and steel processing along with recycling has been driving the market for silicon carbide (SiC) in the past few years.

Silicon carbide is a key component of the semiconductor devices and growth in the electronics and semiconductor market is also a driving factor governing SiC market growth. The high precision required for manufacturing components and the low level of tolerances in the end-user market have been restraining the market at the same time.

A new market research report regarding developments in SiC is now available in Reportlinker.com's catalogue. It is called, "Silicon Carbide (Black SiC, Green SiC) Market For Automotive, Aerospace, Military, Electronics, Healthcare, Steel And Energy Applications - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019".

Based on the product segments, the SiC market can be categorised into different segments such as black SiC, green SiC and others such as coated SiC, refractory SiC, metallurgical SiC, metallurgical briquettes and SiC micro grit.

Black SiC has been the largest market and is expected to show the highest growth during the forecast period.

The major end-user segments in the SiC market are steel & energy, automotives, aerospace & aviation, military & defence, electronics & semiconductors and medical & healthcare. Of these, electronics & semiconductors, automotives and steel & energy have been the major markets while medical & healthcare is expected to show the highest growth in the near future.