Global Spherical Silicon Carbide Market Size & Outlook

The spherical silicon carbide industry worldwide is expected to reach a projected revenue of US$ 7,591.7 million by 2030. A compound annual growth rate of 10.9% is expected of the worldwide spherical silicon carbide industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,680.0
Forecast, 2030 (US$M)
$7,591.7
CAGR, 2024 - 2030
10.9%
Report Coverage
Worldwide

Global spherical silicon carbide market, 2018-2030 (US$M)

Global spherical silicon carbide market highlights

  • The global spherical silicon carbide market generated a revenue of USD 3,680.0 million in 2023 and is expected to reach USD 7,591.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 10.9% by 2030.
  • In terms of segment, below 30.0 um accounted for a revenue of USD 3,680.0 million in 2023.
  • Below 30.0 um is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 3,680.0 million
Market revenue in 2030USD 7,591.7 million
Growth rate10.9% (CAGR from 2023 to 2030)
Largest segmentBelow 30.0 um
Fastest growing segmentBelow 30.0 um
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBelow 30.0 um

Other key industry trends

  • In terms of revenue, the North America accounted for 17.6% of the global spherical silicon carbide market in 2023.

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Spherical Silicon Carbide Market Scope

Spherical Silicon Carbide Market Companies

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Global spherical silicon carbide market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spherical silicon carbide market will help companies and investors design strategic landscapes.


Below 30.0 um was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global spherical silicon carbide market based on below 30.0 um covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Spherical Silicon Carbide Product Outlook (Revenue, USD Million, 2018-2030)
    • Below 30.0 um
    • 30.0-50.0 um
    • Above 50.0 um

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Horizon Databook provides a detailed overview of global-level data and insights on the Global spherical silicon carbide market , including forecasts for subscribers. This global databook contains high-level insights into Global spherical silicon carbide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global spherical silicon carbide market size, by regions, 2018-2030 (US$M)

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