Research and Markets has announced the addition of the "China Silicon Carbide Industry Report, 2016-2020" report to their offering.

China is the largest producer and exporter of silicon carbide in the world, with the capacity reaching 2.2 million tons, sweeping more than 80% of the global total. However, excessive capacity expansion and oversupply lead to the capacity utilization less than 50%. In 2015, the silicon carbide output in China totaled 1.02 million tons, with the capacity utilization rate of only 46.4%; in 2016, the total output was estimated to be about 1.05 million tons, with the capacity utilization rate of 47.7%. 

Since China's silicon carbide export quota was abolished, China's silicon carbide export volume grew rapidly during 2013-2014, and tended to stabilize during 2015-2016. In 2016, China's silicon carbide exports came to 321,500 tons, up 2.1% year on year; wherein, Ningxia's export volume amounted to 111,900 tons, accounting for 34.9% of the total exports and acting as a main silicon carbide exporter in China. 

As China's silicon carbide products are mainly low-end preliminarily processed products with moderate added value, the average price gap between export and import is enormous. In 2016, China's silicon carbide exports had the average price at USD0.9 / kg, less than 1/4 of the import average price (USD4.3 / kg). 

Silicon carbide is widely used in iron& steel, refractories, ceramics, photovoltaic, electronics and so on. In recent years, silicon carbide has been included in the third generation of semiconductor materials as a hot spot of the global R & D and applications. In 2015, the global silicon carbide substrate market size reached about USD111 million, and the size of silicon carbide power devices reached about USD175 million; both of them will see the average annual growth rate of more than 20% in the next five years. 

At present, China has succeeded in R & D of semiconductor silicon carbide, and realized the mass production of 2-inch, 3-inch, 4-inch and 6-inch silicon carbide monocrystalline substrates, silicon carbide epitaxial wafers, and silicon carbide components. 

This news is from  /PRNewswire/ 2017