Global Silicon Carbide Coating Market Insights and Forecast to 2028

Silicon carbide (SiC) coating is a specialty coating which is made up of compounds of silicon and carbon. Silicon carbide is a synthetically manufactured compound in general. Silicon carbide (SiC) coating is applied on the substrate, either by PVD or by CVD.
Market Analysis and Insights: Global Silicon Carbide Coating Market
Due to the COVID-19 pandemic, the global Silicon Carbide Coating market size is estimated to be worth US$ 343.1 million in 2022 and is forecast to a readjusted size of US$ 1103.7 million by 2028 with a CAGR of 21.5% during the review period. Fully considering the economic change by this health crisis, PVD accounting for % of the Silicon Carbide Coating global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Aerospace and Defense segment is altered to an % CAGR throughout this forecast period.
China Silicon Carbide Coating market size is valued at US$ million in 2021, while the US and Europe Silicon Carbide Coating are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Silicon Carbide Coating landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Silicon Carbide Coating include Fiven, Xycarb Ceramics, CoorsTek, SGL Group, Mersen Group, Nevada Thermal Spray Technologies, Seram Coatings, Toyo Tanso and Nippon Carbon, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Silicon Carbide Coating capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Silicon Carbide Coating by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Silicon Carbide Coating Scope and Segment
Silicon Carbide Coating market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Silicon Carbide Coating market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
PVD
CVD
Thermal Spray
Segment by Application
Aerospace and Defense
Chemical and Pharmaceutical
Electrical and Electronics
OEM and Automotive
Other Industrial Uses
By Company
Fiven
Xycarb Ceramics
CoorsTek
SGL Group
Mersen Group
Nevada Thermal Spray Technologies
Seram Coatings
Toyo Tanso
Nippon Carbon
Morgan Advanced Materials
Bay Carbon
Silicon Valley Microelectronics
Aperture Optical Sciences
OptoSiC
Nanoshel LLC
Production by Region
Japan
Korea
China
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E