Silicon-Carbide Degassing Rotors Market Size, Share, Growth, and Industry Analysis, By Type (Sintered Silicon Carbide (SSC), Nitride Bonded Silicon Carbide (NBSC), & Reaction Bonded Silicon Carbide (RBSC)), By Application (Heat Treatment Plant, Foundry, & Other) and Regional Forecast to 2032

silicon-carbide degassing rotors market REPORT OVERVIEW

The global Silicon-Carbide Degassing Rotors Market Size was USD 376.33 million in 2024 and the market is projected to touch USD 484.47 million by 2032, exhibiting a CAGR of 4.30% during the forecast period.

Silicon carbide degassing rotors are crucibles. It is used in the aluminum casting procedure that removes impurities from the molten metal. It has high resistance in service and exceptional oxidation resistance. It is a cost-effective application for the degassing course of action. Degassing rotors are available in a variety of sizes to meet client application desires. It allows for efficient degassing attributable to its excellent thermal and mechanical properties. Uses of rotors improve the quality of aluminum castings by reducing porosity and improving mechanical properties.

Mounting demand for high quality aluminum casting in various industries such as automotive, aerospace, and construction is notably persuading market growth. Many industries and advanced technologies are amplifying demand for the products which will increase market growth.

COVID-19 Impact: Market Growth Hindered by Pandemic due to Supply Chain Disruption

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Due restrictions on the transportation and limitation in the people gathering and beginning to reside in the house, has hampered the manufacturing processes. Closing down numerous manufacturing units and movement of goods was affected by supply chain disruption. There is scarcity of raw material and delay in the production of the products and components. Worker apprehension caused a short halt in application at various degassing-related end-user companies and industrial facilities. As a result, it felt that there was less of a need to degas shaft and rotor.

LATEST TRENDS

"Acceptance of Silicon Carbide Degassing Rotor in the automotive industry Propel Market Growth"

Prominent trend is the increasing adoption of silicon carbide degassing rotor in the automotive industry. Growing demand for electric vehicles and the need for efficient degassing processes help in market growth. Development of advanced manufacturing techniques, such as 3D printing, that produces complex and trivial silicon carbide rotors increases market growth.

silicon-carbide degassing rotors market SEGMENTATION

By Type

Based on type the market can be categorized into Sintered Silicon Carbide (SSC), Nitride Bonded Silicon Carbide (NBSC), & Reaction Bonded Silicon Carbide (RBSC)

• Sintered Silicon Carbide (SSC): SSC is produced by sintering silicon carbide powder at high temperatures, resulting in a dense and long-lasting material.
• Nitride Bonded Silicon Carbide (NBSC): NBSC is created by combining silicon carbide and silicon nitride, providing enhanced thermal conductivity and excellent oxidation resistance.
• Reaction Bonded Silicon Carbide (RBSC): RBSC is formed by infiltrating silicon with carbon, resulting in a strong and extremely corrosion-resistant material.

By Application

Based on application the market can be categorized into Heat Treatment Plant, Foundry, & Other

• Heat Treatment Plant: In heat treatment plants, these rotors efficiently remove impurities from molten metal, ensuring improved quality and strength of the final product.
• Foundry: In foundries, they aid in the elimination of hydrogen gas, resulting in defect-free and durable castings.
• Other: Their rotors find applications in other markets such as automotive, aerospace, and electronics, where they play a vital role in maintaining the quality and integrity of material during the production processes.

DRIVING FACTORS

"Increasing Application in Various Industries Boost Market Growth"

One of the important factors for the Silicon-Carbide Degassing Rotors Market Growth is the escalating application of degassing rotors in various industries such as automotive, aerospace, and defense. Rising demand for lightweight apparatus with superior strength has attracted customers and increased the market expansion. Improved performance of such rotors has pushed end-users to embrace advanced casting techniques. This adoption is the most important attribute in boosting demand for the product and enhancing the market growth.

"Increasing Center of Attention on Sustainable Practices Expand Market"

Another growing factor that is encouraging the market expansion is the increasing center of attention on sustainable practices which propel the market growth. Environmental regulations are adding extra efforts in the adoption of the silicon-carbide based degassing rotors. The silicon-carbide material is eco-friendly and offers better resistance to chemical reactions which reduces the need for frequent replacement thus lowering the carbon footprint and consequently increasing the market progressing

RESTRAINING FACTOR

"High Cost of Silicon-Carbide Impede Market Growth"

The primary limiting factors that impede the market growth is the high cost of silicon-carbide rotors. The expensiveness of silicon-carbide substrate surpasses the cost of silicon wafers significantly. The cost factors include epitaxy and device fabrication that entails high temperatures and costly consumables.  Limited awareness among end-users in emerging economies is also one of the factors which hindered the market growth.

 silicon-carbide degassing rotors market REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"Asia Pacific Dominates the Market due to Rising Use of Electric Vehicles"

The Asia Pacific region is dominating the Silicon-Carbide Degassing Rotors Market Share due to the rising number of electric vehicles and related charging infrastructures. The growing interest towards renewable energy sources promotes market growth. The degassing rotor in the region further amplifies demand and increases the market growth. China is a major contributor to the market growth due to the increase in demand for such rotors in its rapidly growing industrial sector.

KEY INDUSTRY PLAYERS

"Key Players Transforming the Silicon-Carbide Degassing Rotors Landscape through Investment in R&D and Strategy Partnership"

Many prominent industry players are operating in this market focused on providing innovative products by investing in R&D to meet customer demands. However, there are many companies in the market that use some techniques such as merger, acquisitions, partnership and using new advanced technologies for producing and developing new products and stay ahead in the market.

List of Market Players Profiled

• Pyrotek (U.S.)
• KGD (U.S.)
• Sialon (Sweden)
• Morgan Advanced Materials (U.K.)
• CeraTherm (India)
• CGT Carbon (Germany)
• MMEI (Taiwan)
• Huan Shang (China)
• LMA (U.K.)
• LACO Technologies (U.S.)
• Lanexis (India)
• Morgan Electrical Materials (U.K.)
• Ceramco Ltd (U.K.)

INDUSTRIAL DEVELOPMENT

October 2024:  DENSO CORPORATION announced a venture of USD 500 million in Silicon Carbide LLC, Coherent Corp’s silicon carbide business. This venture ensures a long-standing stable procurement of SiC wafers to develop the competitiveness of its electrification components.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global silicon-carbide degassing rotors market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.