Press release
Europe Silicon Carbide Market: Analysis and Forecast (2020-2027)
Europe Silicon Carbide Market was valued at US$ 85.11 million in 2019 and is projected to reach US$ 211.84 million by 2027 with a CAGR of 12.2% during the forecast period 2020 to 2027.Silicon carbide is also known as carborundum is a semiconductor material widely used in electronics and semiconductor industries. The different physical and chemical properties of silicon carbide ensure its use in varied application industries. The physical hardness of silicon carbide makes it fit for use as an abrasive in different processes such as honing, water jet cutting, grinding, and sand blasting. Silicon carbide is also used in oilfield applications such as components of pumps used to drill and extract the oil. Rising demand for silicon carbide in various application industries has led to an increase in the investments by manufacturers, governments, and research institutes in the production of silicon carbide. Economically strong countries like Germany, the UK, and Russia have witnessed significant growth in the implementation of technologically advanced solutions.
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Top Key Players Listed in the Europe Silicon Carbide Market 2020 - 2027 Report Are:
3M
Avery Dennison Corporation
LG Hausys
Lintec
Arlon Graphics, LLC
Hexis S.A.S.
Metamark
Kay Premium Marking Films Ltd.
Henkel Kg and Co. KGaA
Drytac
In this report, the market has been segmented on the basis of:
Europe Silicon Carbide Market - By Type
Black Silicon Carbide
Green Silicon Carbide
Europe Silicon Carbide Market - By End-User Industry
Automotive
Aerospace and Aviation
Military and Defense
Electronics and Semiconductor
Medical and Healthcare
Steel
Others
The Europe Silicon Carbide Market 2020 - 2027 Competitive Viewpoint:
This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.
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• Understand the Current and future of the Europe Silicon Carbide Market in both Established and rising markets.
• The report enlightens the massive patterns, causes, and impact factors globally and regionally.
• The latest developments within the Europe Silicon Carbide market and details of the industry leaders alongside their market share and methods.
• It looks into vital developments like extensions, agreements, new product launches, and acquisitions on the horizon.
• Analysis the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a world and regional level.
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