The global market for silicon carbide is expected to reach USD 4.49 billion by 2020, according to a new study by Grand View Research, Inc. Positive outlook on steel manufacturing, for which SiC is used as a deoxidizing agent is expected to drive silicon carbide demand.
More information visit http://www.grandviewresearch.com/industry-analysis/silicon-carbide-market
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Global silicon carbide market
1. Global Silicon Carbide Market by Product (Black Silicon Carbide, Green Silicon Carbide) By End-use (Steel & Energy, Aerospace & Aviation, Military & Defence, Medical & Healthcare, Electronics & Semiconductors) Expected To Reach
USD 4.49 Billion By 2020
The global market for silicon carbide (http://www.grandviewresearch.com/industry- analysis/silicon-carbide-market) is expected to reach USD 4.49 billion by 2020, according to a new study by Grand View Research, Inc. Positive outlook on steel manufacturing, for which SiC is used as a deoxidizing agent is expected to drive silicon carbide demand. In addition, silicon carbide is an essential element in the manufacturing of semiconductors which is expected to witness significant growth over the next six years. Revitalizing automobile industry, especially in Asia Pacific, is also expected boost the demand for silicon carbide. Steel and energy were the largest end use application segments for SiC, accounting for 302 kilo tons of total demand in 2013. Increasing demand for steel and energy in emerging markets of India and China, driven by infrastructure development, is expected to be a key factor for demand growth over the forecast period. Silicon carbide is also extensively used in electronics and semiconductors applications, owing to its superior properties, that accounted for over 255 kilo tons of demand in 2013.
2. The report “Silicon Carbide Market Analysis, By Product (Black Silicon Carbide, Green Silicon Carbide) By End-use (Steel & Energy, Automotive, Aerospace & Aviation, Military & Defense, Medical & Healthcare, Electronics & Semiconductors) And Segment Forecasts To 2020” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/silicon-carbide-market
Further key findings from the study suggest:
Global silicon carbide demand was 1,060.1 Kilo tons in 2013 and is expected to reach 2,769.0 Kilo tons by 2020, growing at a CAGR of 15.2% from 2014 to 2020.
Black silicon carbide is most dominant product, with demand estimated at 745 6 Kilo tons in 2013 due to its wider application scope in comparison to other forms of silicon carbide.
Asia Pacific was the largest regional market for silicon carbide, with revenue exceeding USD 870 million in 2013. The presence of key end user industries such as steel and automotive is expected to boost demand in the region. In addition, the region is also expected to witness fastest growth, at an estimated CAGR of 16.8% from 2014 to 2020.
Medical and healthcare end use application is expected to witness fastest growth at an estimated CAGR of 16.5% from 2014 to 2020. Increasing demand for advanced medical and healthcare in countries such as India, China, and Japan is expected to drive demand in this application.
Key Companies in the market include AGSCO Corporation, Dow Chemical Company, Saint-Gobain Ceramics Materials GmbH, ESD-SIC b.v, Grindwell Norton Ltd.
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For the purpose of this study, Grand View Research has segmented the global silicon carbide market on the basis of product, end use application and region:
Silicon Carbide Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• Black Silicon Carbide
• Green Silicon Carbide
• Others (Coated SiC, Refractory SiC, Metallurgical and Metallurgical Briquettes, SiC Micro Grit)
Silicon Carbide End Use Applications Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• Steel & Energy
• Automotive
• Aerospace & Aviation
• Military & Defence
3. • Medical & Healthcare
• Electronics & Semiconductors
• Silicon Carbide Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off- the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Email: sales@grandviewresearch.com
4. Global Agricultural Films Market By Application (Green House, Mulching, Silage), By Raw Material (LDPE, LLDPE, HDPE, EVA/EBA, and Reclaims) Expected to Reach USD 10.5 Billion by 2020: Grand View Research, Inc.
Global market for agricultural films (http://www.grandviewresearch.com/industry- analysis/agricultural-films-market) is expected to reach USD 10.5 billion by 2020, according to a new study by Grand View Research, Inc. Increasing population and decreasing area of land available for agricultural purpose are expected to remain key driving factors for the market. Government regulations regarding use of plastic materials and impact of plastic on nature are expected to slow down the market growth.
Mulching emerged as a leading application segment and accounted for 44.3% of total market volume in 2013. It was closely followed by green house, which is also expected to be fastest growing application market, growing at an estimated CAGR of 6.1% from 2014 to 2020. Silage has been relatively nascent application segment and is also expected to grow at relatively sluggish rate.
The report “Agricultural Films Market Analysis By Application (Green House, Mulching, Silage), By Raw Material (LDPE, LLDPE, HDPE, EVA, Reclaims) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/agricultural-films-market
5. Further key findings from the study
suggest:
• Global market for agricultural films was 4,651.7 kilo tons in 2013 and is expected reach 6,935.7 kilo tons by 2020, growing at a CAGR of 6.0% from 2014 to 2020. Use of agricultural films in green house segment was highest revenue generator in 2013 and was closely followed by mulching. • Linear Low Density Polyethylene was most dominating raw material for agricultural films segment and accounted for 55.3% of total market volume in 2013. LLDPE is also expected to be the fastest growing raw material segment, expected to grow at a CAGR of 6.2% from 2014 to 2020 and is expected to contribute over 50% of total revenues from agricultural films market in 2020.
• EVA/EBA is a promising raw material segment for agricultural films market, presently contributing to less than 5% of total market volume in 2013; it is expected to see significant gains over the next six years.
• China retained its maximum share in total volume of agricultural films market and accounted for 61.7% of total market volume in 2013. China is also expected to be the fastest growing market, expected to grow at a CAGR of 6.2% from 2014 to 2020.
• Global market for Agricultural films is fragmented within many companies including BP industries, Trioplast, ExxonMobil, Armando Alvarez, Group Barbier, Ab Rani Plast Oy, Britton Group, Novamont, BASF, Kuraray and many others. BP industries holds maximum individual market share which accounted for 6.5% of total market share for agricultural films in 2013. Innovations such as biodegradable agricultural films are expected to fuel market growth.
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For the purpose of this study, Grand View Research has segmented the Agricultural Films market on the basis of application and region:
• Global Agricultural Films Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) • Green House • Mulching • Silage
• Global Agricultural Films Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020) • Low Density Polyethylene (LDPE) • Linear Low Density Polyethylene (LLDPE) • High Density Polyethylene (HDPE) • Ethyl Vinyl Acetate (EVA)/Ethylene Butyl Acryl ate (EBA) • Reclaims • Others
6. • Agricultural Films Regional
Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020) • North America • Central & South America • Europe • China • Rest of Asia Pacific • Middle East & Africa
Browse all reports at http://www.grandviewresearch.com/industry/plastics-polymers- and-resins
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off- the- shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/
Contact:
Sherry James
Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com