(MENAFN– GlobeNewsWire – Nasdaq) HANA Materials, Worldex, CoorsTek GK, Solmics, and Chongqing Zhenbao technology Dominate the Competitive Landscape

Dublin, Jan. 30, 2025 (GLOBE NEWSWIRE) — The “Silicon Carbide Components for Semiconductor Processing Global market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Product Type” report has been added to ResearchAndMarkets.com’s offering.
The silicon carbide components for semiconductor processing market is expected to grow at a solid pace, driven by the rising adoption of SiC-based semiconductors in various applications such as electric vehicles, renewable energy systems, and industrial automation. The market is anticipated to witness a CAGR of 7% to 10% , fueled by the increasing reliance on SiC for enhancing semiconductor efficiency and enabling high-power operations.
Market Share & Trends Analysis

By Product Type
The market for silicon carbide components is segmented by product type, with each segment playing a crucial role in semiconductor processing:

SiC Ring: SiC rings are widely used in semiconductor processing, particularly in the production of high-performance power devices. The SiC rings segment is expected to grow at a CAGR of 8% to 10% as the demand for power-efficient and high-performance semiconductors continues to rise in industries such as automotive and energy.

SiC Boat: SiC boats are crucial in the semiconductor fabrication process, particularly in crystal growth and wafer processing. This segment is anticipated to experience a CAGR of 7% to 9% , driven by the growth of advanced power electronics and semiconductor technologies that require SiC-based materials.

Other Parts: Other SiC components, also contribute significantly to the market. This segment is expected to grow at a CAGR of 6% to 8% as various semiconductor applications demand higher efficiency and enhanced performance characteristics in their processing equipment.

By Region
The silicon carbide components market is geographically diverse, with varying growth rates across regions:

Asia-Pacific: Asia-Pacific dominates the silicon carbide components market due to the presence of key semiconductor manufacturers in countries like China, Japan, and South Korea. The region is expected to witness the highest growth, with a CAGR of 8% to 10% , driven by the rapid expansion of the semiconductor industry and the increasing adoption of SiC materials for power electronics and automotive applications.

North America: North America is a significant market for SiC components, driven by advancements in the semiconductor and power electronics industries, particularly in the United States. This region is expected to grow at a CAGR of 7% to 9% , supported by increasing investments in electric vehicle (EV) technology and renewable energy systems that require high-performance SiC semiconductors.

Europe: Europe is also witnessing steady growth in the silicon carbide components market, with demand rising in industries such as automotive and energy. The region is expected to grow at a CAGR of 6% to 8% , spurred by the growing adoption of SiC-based power devices in electric mobility and renewable energy sectors.

Rest of the World: The rest of the world, including regions such as Latin America and the Middle East, is expected to experience moderate growth in the silicon carbide components market, with a CAGR of 5% to 7% , as these regions gradually embrace advanced semiconductor processing technologies.

Key Market Players
The market for silicon carbide components for semiconductor processing is highly competitive, with several key players providing advanced materials for semiconductor and power electronics applications. Notable market players, which are analyzed in this report, include:

HANA Materials: A key supplier of high-quality SiC components, HANA Materials is known for its precision manufacturing of SiC rings, boats, and other parts used in semiconductor processing.

Worldex: Worldex is a leading player in the SiC components market, supplying high-performance SiC materials for semiconductor applications, including power electronics and automotive sectors.

CoorsTek GK: CoorsTek GK manufactures a range of SiC components used in the semiconductor processing industry, particularly in wafer production and crystal growth.

Solmics: Solmics specializes in SiC components for semiconductor applications, with a focus on high-purity materials used in critical processing steps.

Chongqing Zhenbao Technology: An emerging player in the SiC components market, Chongqing Zhenbao Technology is known for its cost-effective and high-performance SiC rings and other semiconductor parts.

Key Topics Covered
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Historical and Forecast Silicon Carbide Components For Semiconductor Processing Market in North America (2020-2030)
Chapter 9 Historical and Forecast Silicon Carbide Components For Semiconductor Processing Market in South America (2020-2030)
Chapter 10 Historical and Forecast Silicon Carbide Components For Semiconductor Processing Market in Asia & Pacific (2020-2030)
Chapter 11 Historical and Forecast Silicon Carbide Components For Semiconductor Processing Market in Europe (2020-2030)
Chapter 12 Historical and Forecast Silicon Carbide Components For Semiconductor Processing Market in MEA (2020-2030)
Chapter 13 Summary For Global Silicon Carbide Components For Semiconductor Processing Market (2020-2025)
Chapter 14 Global Silicon Carbide Components For Semiconductor Processing Market Forecast (2025-2030)
Chapter 15 Analysis of Global Key Vendors

For more information about this report visit

About is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
…
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900