SiC Polishing Consumables Market Analysis:
The global SiC Polishing Consumables Market was valued at 100 million in 2024 and is projected to reach US$ 413 million by 2031, at a CAGR of 23.1% during the forecast period.
SiC Polishing Consumables Market Overview
Silicon Carbide (SiC) is a wide band gap semiconductor that can operate at higher temperature, power level, and voltage. This enables improved energy efficiency in power devices, LED lighting, and telecommunications. Because of its unique properties, SiC is the material of choice for diverse applications such as Hybrid Electric vehicles, power electronic switches, and LED lighting technology.
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SiC Polishing Consumables Key Market Trends :
· Rising Demand for Electric Vehicles (EVs):
The rapid adoption of hybrid and electric vehicles is increasing the demand for SiC wafers, directly driving the need for polishing consumables.
· Shift Toward Larger Wafer Sizes:
Industry is transitioning from 4-inch to 6-inch and 8-inch SiC wafers, boosting demand for advanced CMP pads and slurry formulations.
· Technological Advancements in CMP Consumables:
Continuous R&D in SiC CMP slurries and pads is improving efficiency and defect control during wafer processing.
· Expansion of 5G and Power Electronics:
SiC devices are becoming crucial in high-frequency applications like 5G and advanced power electronics, enhancing the polishing consumables market.
· Growing Focus on Yield Improvement:
Manufacturers are prioritizing higher wafer yield and surface quality, leading to increased investment in high-performance consumables.
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Total Market by Segment:
Global SiC Polishing Consumables market, by Type, 2020-2025, 2026-2031 ($ millions)
Global SiC Polishing Consumables market segment percentages, by Type, 2024 (%)
SiC CMP Pads
SiC CMP Slurry
Global SiC Polishing Consumables market, by Application, 2020-2025, 2026-2031 ($ millions)
Global SiC Polishing Consumables market segment percentages, by Application, 2024 (%)
4 Inch SiC Wafer
6 Inch SiC Wafer
8 Inch SiC Wafer
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies SiC Polishing Consumables revenues in global market, 2020-2025 (estimated), ($ millions)
Key companies SiC Polishing Consumables revenues share in global market, 2024 (%)
Further, the report presents profiles of competitors in the market, key players include:
DuPont
Fujibo Group
Entegris (CMC Materials)
Saint-Gobain
Fujimi Corporation
Shanghai Xinanna Electronic Technology
Ferro (UWiZ Technology)
Beijing Hangtian Saide
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FAQs
Q: What are the key driving factors and opportunities in the SiC Polishing Consumables market?
A:The key drivers include rising EV production, growing use of SiC in power electronics, and government support for green technologies. Opportunities lie in 8-inch wafer adoption and 5G infrastructure development.
Q: Which region is projected to have the largest market share?
A:Asia-Pacific, especially China, is expected to dominate the market due to its expanding semiconductor and EV manufacturing industries.
Q: Who are the top players in the global SiC Polishing Consumables market?
A:Leading companies include Fujimi Corporation, Saint-Gobain, Entegris (Sinmat), Ferro (UWiZ Technology), Shanghai Xinanna, and Beijing Hangtian Saide.
Q: What are the latest technological advancements in the industry?
A:Recent advancements focus on high-precision CMP slurries and pads designed for large-diameter wafers and improved surface defect control.
Q: What is the current size of the global SiC Polishing Consumables market?
A:The market was valued at USD 100 million in 2024 and is projected to reach USD 413 million by 2031, growing at a CAGR of 23.1%.
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