The global silicon carbide (SiC) or carborundum market is entering a phase of robust expansion, underpinned by demand in key industrial applications, advanced materials usage, and electronics manufacturing. According to Fact.MR’s latest research report titled “Silicon Carbide (Carborundum) Market Size & Share Forecast Outlook 2025–2035”, the market is estimated to be USD 5.8 billion in 2025, and is projected to grow to USD 10.6 billion by 2035, reflecting a compound annual growth rate (CAGR) of 6.2 %.
Transitioning from Traditional Applications to High-Performance Uses
Historically, silicon carbide has been a staple in abrasives and refractory materials due to its extreme hardness, thermal stability and chemical inertness. The report reveals that the abrasives/refractories segment accounts for the largest product type share (approximately 49 %) in 2025, driven by metal-cutting, grinding, furnace lining and industrial manufacturing operations.
However, the coming decade is expected to pivot toward high-performance applications such as power electronics, semiconductors, EV components and high-temperature systems. SiC’s innate properties — including high thermal conductivity, wide band-gap, and high breakdown voltage — are making it a material of choice for next-generation electronics. The transition is particularly evident as manufacturers shift from legacy materials to advanced silicon carbide systems.
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Market Metrics at a Glance
- Market Size (2025): USD 5.8 billion
- Forecast Market Size (2035): USD 10.6 billion
- Forecast CAGR (2025–2035): 6.2 %
- Leading Product Type (2025): Abrasives/Refractories (~49 %)
- Leading Grade Segment (2025): Black SiC (~54 %)
- Highest Growth Region: Asia-Pacific, followed by North America & Europe
Regional & Growth Dynamics
The report outlines that the market’s first half of the decade (2025-2030) will see expansion from USD 5.8 billion to about USD 7.8 billion — contributing roughly USD 2.0 billion or 40 % of the total ten-year growth. The latter half (2030-2035) is expected to add around USD 2.8 billion, beyond USD 10.6 billion, as advanced applications scale rapidly.
Asia-Pacific is forecasted to be the fastest-growing region, led by manufacturing growth, electronics component demand, and infrastructure build-out. North America and Europe continue to command significant shares owing to high-technology manufacturing, R&D investments and regulations driving adoption of high-performance materials.
For example, the European market is projected to grow from USD 1.7 billion in 2025 to around USD 3.1 billion by 2035, maintaining a ~6.2 % CAGR. Within Europe, Germany holds a leadership role with ~34 % share in 2025, increasing marginally by 2035.
Five Key Drivers of Growth
- Advanced Materials Demand: With industries seeking materials that can operate at higher temperatures and stresses, SiC assumes a critical role in turbines, industrial furnaces, and refractory systems.
- Electronics & Power Systems Shift: SiC is increasingly used in semiconductors, inverters, EV power modules and renewable energy systems — driving incremental demand beyond traditional industrial uses.
- Manufacturing Industrialization: Growing manufacturing base, especially in Asia-Pacific, is boosting demand for abrasives, cutting tools, high-end refractories and wear-resistant materials.
- Performance and Efficiency Pull: SiC offers higher efficiency, longer life and better performance than many legacy materials, making it attractive for premium and high-reliability applications.
- Technology Innovation and Supply Chain Developments: Advances in SiC machining, crystal growth, coating, purification and wafer manufacturing are accelerating adoption and expanding end-use opportunities.
Market Segmentation Overview
- By Grade: Black SiC is the leading grade (~54 % share in 2025), given its lower cost and wide use in abrasives and refractories. Other grades (including green SiC and specialty grades) are gaining traction in premium applications.
- By Product Type: As noted, abrasives/refractories dominate. But growth is expected in wear-resistant components, thermal management modules and semiconductor-grade SiC materials.
- By Application: The application spectrum is evolving — from metallurgical, foundry, grinding to high-end electronics, power devices and specialized components.
- By Region: Asia-Pacific fastest growth, North America and Europe strong adoption, with emerging markets in Latin America, Middle East & Africa also showing opportunities.
Competitive Landscape
Key players profiled in the Fact.MR report include:
- Saint‑Gobain
- Washington Mills
- ESK‑SiC
- Navarro
- Fujimi
These firms are driving manufacturing scale-up, innovation in coating and crystal growth, and are positioning for the transition into high-value segments of silicon carbide usage.
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Outlook & Strategic Implications
Over the next decade, silicon carbide will move beyond a material used primarily for abrasives and refractories to a strategic material for smart manufacturing, power electronics, automotive electronics and high-temperature systems. Suppliers who can secure advanced grades, scalable manufacturing and cost-competitive supply chains will capture premium growth.
For manufacturers in abrasives and refractory sectors, combining core competence with innovation in SiC grades can open newer avenues. For electronics, semiconductor wafer fabricators and device manufacturers, SiC is a key enabler of performance, efficiency and miniaturization.
Why This Report Matters
Fact.MR’s report offers comprehensive insights — providing forecasts by grade, product type, application, and region; analysing the key drivers, challenges, and competitive dynamics; and offering a roadmap for companies to prioritise investments, scale manufacturing and align with emerging materials trends.
View related reports:
Silicon Dioxide Market
About Fact.MR
Fact.MR is a leading market research and consulting firm delivering data-driven insights across a broad spectrum of industries. With proprietary methodologies and deep data footprints, Fact.MR helps organisations anticipate market trends and make strategic decisions.
