Green SiC - Silicon Carbide Market Statistics
The global green sic silicon carbide market size was valued at US$ 1,485.1 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 12.2% from 2022 to 2030.
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Green sic - Silicon carbide market highlights
- The global green sic segment generated a revenue of USD 1,327.7 million in 2021 and is expected to reach USD 3,720.6 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 12.2% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Market summary
| Market revenue in 2021 | USD 1,327.7 million |
| Market revenue in 2030 | USD 3,720.6 million |
| Growth rate | 12.2% (CAGR from 2022 to 2030) |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
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