About Carborundum
Carborundum has a chemical name as silicon carbide which is not a natural mineral that has a wide range of industrial applications as abrasive. The grains in it are bonded together to form extremely hard ceramics that are widely used in car brakes, clutches, plates and even in bulletproof vests. It also has electronic applications including high voltage or high-temperature semiconductor electronics. They are available in grey, black color often with iridescence pseudohexagonal crystals and crystalline mass form.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saint-Gobain Abrasive Company (Carborundum) (United States), Imerys S.A (France), Carborundum Universal Limited (India), Dayton Superior Corporation (United States), BPI Inc. (United States), ESK-SIC GmbH (Germany), Washington Mills (United States), Navarro SiC S.A. (Spain), Fuji Electric Co., Ltd., (Japan), Elmet S.A. (Mexico) and Yakushima Denko Co., Ltd (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Carborundum market by , Application (Cutting, Grinding, Polishing, Antislip Additive and Refractory) and Region.
On the basis of geography, the market of Carborundum has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Specialty Stores will boost the Carborundum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Manufacturing will boost the Carborundum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Coating, the sub-segment i.e. Open Coat will boost the Carborundum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Backing, the sub-segment i.e. Paper will boost the Carborundum market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number of Application of Carborundum and Surging Use of Carborundum Wafer in the Production of Electronic Devices
Market Growth Drivers:
Growing Demand for Versatile Material for Electronic Application and Demand for Highly Sustainable Material in Various Industrial Applications
Challenges:
Packaging and Labeling Problems Associated with Carborundum
Restraints:
Safety Risks Associated with Carborundum and Stringent Regulatory Guidelines on Carborundum
Opportunities:
Continuous Research and Development in Carborundum and Growing Steel Production Leading to Demand for Refractories will Boost the Carborundum Market
Market Leaders and their expansionary development strategies
In November 2021, Qorvo, a leading provider of innovative RF solutions that connect the world, announced today that it has acquired Princeton, New Jersey-based United Silicon Carbide (UnitedSiC), a leading manufacturer of silicon carbide (SiC) power semiconductors. The acquisition of United Silicon Carbide expands Qorvo’s reach into the fast-growing markets for electric vehicles (EVs), industrial power, circuit protection, renewables and data center power. United Silicon Carbide will become part of Qorvo’s Infrastructure & Defense Products (IDP) business and will be led by Dr. Chris Dries, who was formerly United Silicon Carbide’s president and CEO and is now general manager of Qorvo’s Power Device Solutions.
On 11th April 2019, Fuji Electric announced a launch of new high-density modular UPS for the US market, which includes carborundum. The 7400WX-T3U has a high efficiency, even on low loads, and has a high tolerance for overloads, which is important in a backup power system. Carborundum used in UPS allows it to run continuously without the loss associated with conventional systems. This means that UPSs can be used continuously, instead of switching to "eco-mode" which saves money for a small premium of increased risk.
Key Target Audience
Carborundum Manufacturers, Carborundum International Traders, Carborundum Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.