Middle East Silicon Carbide (SiC) Market , By Product (Black and Green), Application (Metallurgy, Abrasives, Refractory, Electrical & Electronics, and Other), End-Use (Automotive, Aerospace, Military & Defense, Heavy Engineering, Consumer Electronics, Healthcare, and Others), Country (United Arab Emirates, Saudi Arabia, Iran, Israel, Kuwait, Qatar and Rest of Middle East) Industry Trends and Forecast to 2028.
Market Analysis and Insights:
· Middle East Silicon Carbide (SiC) Market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing at a CAGR of 10.6% in the forecast period of 2021 to 2028 and expected to reach USD 56,255.25 thousand by 2028.
Middle East Silicon Carbide (SiC) Market Scope and Market Size
· Middle East Silicon Carbide (SiC) Market is segmented on the basis of product, application, and end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of product, the Middle East Silicon Carbide (SiC) Market is segmented into black and green. In 2021, the black segment is expected to dominate the market as black SiCs are light weight and have high resistance power, which increases its demand in ME.
· On the basis of application, the Middle East Silicon Carbide (SiC) Market is segmented into metallurgy, abrasives, refractory, electrical & electronics, and other. In 2021, the abrasives segment is expected to dominate the market as abrasives are mostly used in the automobile sector.
· On the basis of end use, the Middle East Silicon Carbide (SiC) Market is segmented into automotive, aerospace, military & defense, heavy engineering, consumer electronics, healthcare, and others. In 2021, automotive sector is expected to dominate the market due to increase in the production of e-vehicles in the region.
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Middle East Silicon Carbide (SiC) Market Country Level Analysis
· The countries covered in the ME Silicon Carbide report are United Arab Emirates, Saudi Arabia, Iran, Israel, Kuwait, Qatar and Rest of Middle East.
Competitive Landscape and Silicon Carbide Share Analysis
· Middle East Silicon Carbide (SiC) Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Middle East Silicon Carbide (SiC) Market.
Major market players engaged in the ME, India and ME Silicon carbide(SiC) market are
Infineon Technologies AG,
ESD-SIC bv, Ferrotec (USA) Corporation,
abrasivegrit, SNAM Abrasives Pvt Ltd
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