Global Carborundum Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Black SiC, Green SiC, Metallurgical SiC, Coated SiC, Micro Grit SiC, and Refractory SiC.

By Application;

Steel & Energy, Electronics & Semiconductors, Automotive, Aerospace & Defense, Medical, Fabrication, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn147134323 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Carborundum Market (USD Million), 2021 - 2031

In the year 2024, the Global Carborundum Market was valued at USD 5,247.67 million. The size of this market is expected to increase to USD 15,266.03 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.5%.

Carborundum is renowned for its exceptional hardness, thermal conductivity, and chemical resistance, making it an ideal material for a wide range of applications. In the automotive sector, silicon carbide is revolutionizing electric vehicle (EV) technology by enhancing energy efficiency and extending the range of EVs. The material's superior thermal properties and high power density enable the development of more efficient power electronics, which are crucial for the performance and reliability of electric vehicles. The ongoing shift towards renewable energy sources has further propelled the demand for silicon carbide components in solar inverters and wind turbines, where high efficiency and durability are paramount.

The industrial power sector is capitalizing on the benefits of Carborundum for applications requiring high-temperature resistance and robust performance. The market is also experiencing growth due to advancements in semiconductor technology, where silicon carbide plays a vital role in manufacturing power devices that support faster switching and reduced power loss. This is particularly significant in data centers and telecommunications, where energy efficiency and high performance are critical. By application, the carborundum market spans several key industries: Steel & Energy, Electronics & Semiconductors, Automotive, Aerospace & Defense, Medical, and Fabrication.

In the steel and energy sectors, carborundum's high thermal conductivity and durability make it indispensable. In electronics and semiconductors, SiC's superior properties enable the production of high-efficiency devices. The automotive industry leverages SiC for electric vehicle power systems, improving efficiency and reducing energy losses. Aerospace and defense sectors benefit from SiC’s lightweight and high-strength characteristics. In medical applications, its biocompatibility and hardness make it suitable for various devices and implants. The market is distributed across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, with each region contributing to the global demand based on their industrial capacities and technological advancements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Carborundum Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Application in defense sector
        2. Aerospace industry demand
        3. Use in industrial robotics
        4. Consumer electronics growth
      2. Restraints
        1. High energy consumption
        2. Import/export restrictions
        3. Availability of substitute materials
      3. Opportunities
        1. Digitalization of manufacturing
        2. Advancements in healthcare applications
        3. Expansion in green energy projects
        4. Electrification of automotive industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Carborundum Market, By Type, 2021 - 2031 (USD Million)
      1. Black SiC
      2. Green SiC
      3. Metallurgical SiC
      4. Coated SiC
      5. Micro Grit SiC
      6. Refractory SiC
    2. Global Carborundum Market, By Application, 2021 - 2031 (USD Million)
      1. Steel & Energy
      2. Electronics & Semiconductors
      3. Automotive
      4. Aerospace & Defense
      5. Medical
      6. Fabrication
      7. Others
    3. Global Carborundum Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. KYOCERA Corporation
      2. Gaddis Mechanical Seals
      3. AGSCO Corp
      4. Norstel AB
      5. Carborundum Universal Ltd.
      6. Imerys Graphite & Carbon
      7. ESK-SIC GmbH
      8. Snam Abrasives Pvt Ltd.
      9. Vitesco Technologies
      10. UnitedSiC
  7. Analyst Views
  8. Future Outlook of the Market