In 2023, the global graphite silicon carbide crucible market is expected to reach $1.2 billion, with an annual growth rate of about 6.5%. This growth is mainly due to the rapid development of the metallurgical, photovoltaic and semiconductor industries. However, opportunities and challenges coexist, enterprises need to evaluate the situation, in order to be in an invincible position in this booming market.
Chance:
The rise of new energy industry: the photovoltaic industry has a surge in demand for high-purity materials, and silicon carbide graphite crucible has become the first choice because of its high temperature resistance and corrosion resistance. With the transition of the global energy structure to clean energy, the installed capacity of photovoltaic power generation will continue to grow, bringing great opportunities for the silicon carbide graphite crucible market.
Booming semiconductor industry: The rapid development of emerging technologies such as 5G, artificial intelligence, and the Internet of Things has promoted the continued prosperity of the semiconductor industry. Silicon crucible as a key consumable in the semiconductor wafer manufacturing process, the market demand will rise.
The application potential of silica crucible in emerging fields such as aerospace and nuclear industry has been continuously tapped, and it is expected to become a new market growth point in the future.
Challenge:
Raw material price fluctuations: the prices of raw materials such as graphite and silicon carbide are affected by market supply and demand, geopolitics and other factors, which fluctuate greatly, putting pressure on enterprise cost control.
Tightening of environmental regulations: Governments are attaching increasing importance to environmental protection, environmental regulations are becoming stricter, and enterprises need to increase investment in environmental protection and increase production costs.
High technical barriers: the production process of graphite silicon carbide crucible is complex, the technical threshold is high, and it is difficult for new entrants to master the core technology in a short time and form a competitive advantage.
Data support:
According to the Grand View Research report, the Asia-Pacific region is the largest market for silicon carbide crucible, accounting for 45% of the global share.
China, as the leading producer, saw an 8% year-on-year increase in exports in 2022.
According to a well-known market research agency forecast, by 2028, the global silicon carbide crucible market is expected to exceed 1.8 billion US dollars. (1) Global market competition
Analysis of Competitive Landscape:
The global graphite sic crucibles market is mainly dominated by enterprises in China, Germany, Japan, the United States and other countries, the main manufacturers include:
China: The largest market share, the main producers include BAIDUN Casting Materials Company, RONGDA ENERGY SAVING TECHNOLOGY CO.LTD. China's export volume has increased year by year, becoming the world's largest supplier.
Germany: Enterprises represented by Morgan and SGL Group, which are good at high-end refractory materials, mainly supply the European market.
Japan: Companies such as Tokai Carbon focus on high-purity graphite crucible, mainly used in the semiconductor industry.
United States: Mersen and other companies have strong competitiveness in the field of aerospace and high-temperature alloy manufacturing.
Competitive features:
Chinese enterprises dominate the market with price advantages and production capacity advantages, but they still need to make breakthroughs in high-end products.
European and Japanese companies occupy the high-end market with technological innovation and product quality, especially in the field of photovoltaic and semiconductor.
(2) Chinese market competition
With cost advantages and technological progress, local enterprises have gradually occupied the international market and accelerated breakthroughs in the high-end market.
The tightening of environmental regulations requires production enterprises to optimize energy consumption, emissions and production processes, accelerate industry integration, and the market share of leading enterprises is expected to further increase.
Post time: Feb-17-2025