Global Silicon Carbide Market Size, Share, Forecast 2023 – 2033

The Global Silicon Carbide Market Size is Anticipated to Exceed USD 11.08 Billion by 2033, Growing at a CAGR of 11.35% from 2023 to 2033. Silicon carbide (SiC), also known as carborundum, is a silicon and carbon-based deoxidizing agent used in steel production. It is most commonly found as the rare mineral moissanite, but it can also be synthesized artificially as SiC powder.