Canada Spherical Silicon Carbide Market Size & Outlook
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Canada spherical silicon carbide market highlights
- The Canada spherical silicon carbide market generated a revenue of USD 141.7 million in 2024 and is expected to reach USD 586.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 26.7% from 2025 to 2030.
- In terms of segment, below 30.0 um was the largest revenue generating product in 2024.
- Below 30.0 um is the most lucrative product segment registering the fastest growth during the forecast period.
Spherical silicon carbide market data book summary
| Market revenue in 2024 | USD 141.7 million |
| Market revenue in 2030 | USD 586.7 million |
| Growth rate | 26.7% (CAGR from 2025 to 2030) |
| Largest segment | Below 30.0 um |
| Fastest growing segment | Below 30.0 um |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Below 30.0 um, 30.0-50.0 um, Above 50.0 um |
Other key industry trends
- In terms of revenue, Canada accounted for 2.0% of the global spherical silicon carbide market in 2024.
- Country-wise, Japan is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. spherical silicon carbide market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 4,300.9 million by 2030.
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Spherical Silicon Carbide Market Scope
Spherical Silicon Carbide Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fujimi Inc | View profile | 1314 | 1-1, Chiryo-2,, Nishibiwajima-cho, Kiyosu, Kiyosu, Japan, 452-8502 | http://www.fujimiinc.co.jp |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
Canada 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 63.09% in 2024. Horizon Databook has segmented the Canada spherical silicon carbide market based on below 30.0 um, 30.0-50.0 um, above 50.0 um covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada spherical silicon carbide market , including forecasts for subscribers. This country databook contains high-level insights into Canada spherical silicon carbide market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada spherical silicon carbide market size, by product, 2018-2030 (US$M)
Canada Spherical Silicon Carbide Market Outlook Share, 2024 & 2030 (US$M)
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