MARKET OVERVIEW
Silicon Carbide (SiC) is a wide band gap semiconductor that can operate at higher temperature, power level, and voltage. This enables improved energy efficiency in power devices, LED lighting, and telecommunications. Because of its unique properties, SiC is the material of choice for diverse applications such as Hybrid Electric vehicles, power electronic switches, and LED lighting technology.
MARKET SIZE & GROWTH
• The global SiC Polishing Consumables Market was valued at USD 100 million in 2024.
• It is projected to reach USD 413 million by 2031.
• The market is expected to grow at a CAGR of 23.1% during the forecast period.
BY
TYPE:
• SiC CMP Pads
• SiC CMP Slurry
