On : 20 January 2025
• The Asia Pacific Aluminum Silicon Carbide Composite Material market size was valued at US$ 256.4 million in 2024 and is projected to reach US$ 357.8 million by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.
Email: help@24marketreports.com +1(917)-997-2424
• The Asia Pacific AlSiC composite material market is growing steadily, driven by demand from the electronics and automotive industries. Japan leads with a 35% market share, followed by China at 30% and South Korea at 20%. In 2023, the electronics industry consumed 45% of total production, with automotive at 30% and aerospace at 15%. The market experienced a 10% growth in demand for AlSiC in electric vehicle power electronics. Key players include Denka Company Limited (Japan) and Beijing Baohang Material Co., Ltd. (China), holding a combined 40% market share in the region.
• The industry is investing in advanced manufacturing techniques, with a 12% increase in R&D spending on near-net-shape forming processes in 2023. Challenges include high production costs and competition from other advanced materials, leading to an 8% focus on improving costeffectiveness and scalability. The trend towards 5G infrastructure has driven a 15% increase in AlSiC use for thermal management in base stations. The market is benefiting from the growth of the consumer electronics industry, with a 20% rise in AlSiC demand for heat sinks in high-performance computing devices across the region.
Email: help@24marketreports.com
+1(917)-997-2424
SiC Volume Fraction 5%-30%
SiC Volume Fraction 35%-50%
SiC Volume Fraction 55%-70%
Email: help@24marketreports.
Kyocera Corporation
Hitachi Metals, Ltd.
Mitsubishi Chemical Corporation
Showa Denko K.K.
SUMITOMO Corporation
