Germany Silicon Carbide Market Size & Outlook, 2021-2030
The silicon carbide market in Germany is expected to reach a projected revenue of US$ 126.2 million by 2030. A compound annual growth rate of 7.2% is expected of Germany silicon carbide market from 2022 to 2030.
Revenue, 2021 (US$M)
$67.3
Forecast, 2030 (US$M)
$126.2
CAGR, 2022 - 2030
7.2%
Report Coverage
Germany
Germany silicon carbide market, 2018-2030 (US$M)
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Germany silicon carbide market highlights
- The Germany silicon carbide market generated a revenue of USD 67.3 million in 2021 and is expected to reach USD 126.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.2% from 2022 to 2030.
- In terms of segment, black sic was the largest revenue generating product in 2021.
- Black SiC is the most lucrative product segment registering the fastest growth during the forecast period.
Silicon carbide market data book summary
| Market revenue in 2021 | USD 67.3 million |
| Market revenue in 2030 | USD 126.2 million |
| Growth rate | 7.2% (CAGR from 2021 to 2030) |
| Largest segment | Black sic |
| Fastest growing segment | Black SiC |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Black SiC, Green SiC |
| Key market players worldwide | Murugappa Group, CoorsTek, Entegris Inc, Snam SpA, Grindwell Norton |
Other key industry trends
- In terms of revenue, Germany accounted for 2.3% of the global silicon carbide market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany silicon carbide market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 126.2 million by 2030.
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Silicon Carbide Market Scope
Silicon carbide market segmentation & scope
Silicon Carbide Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany silicon carbide market size, by product, 2018-2030 (US$M)
Germany Silicon Carbide Market Outlook Share, 2021 & 2030 (US$M)
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