The Global Silicon Carbide (SiC)-SP Market was valued at USD 1.02 Billion in 2024 and is projected to reach USD 1.96 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period (2024–2030). This robust growth is propelled by the escalating demand for high-performance materials in electronics, the accelerated adoption of electric vehicles (EVs), and the expansion of renewable energy infrastructure, all of which rely on SiC’s superior thermal conductivity and electrical properties.

As industries worldwide push the boundaries of efficiency and durability, the focus intensifies on the key material producers driving innovation in advanced ceramics and abrasives. In this blog, we profile the Top 10 Companies in the Silicon Carbide (SiC)-SP Industry—a group of global manufacturers and innovators shaping the future of this critical market.

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🔟 1. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: High-purity Black and Green SiC, Refractory grains, Abrasive powders

Saint-Gobain is a global leader in the production of high-performance materials, including a comprehensive range of Silicon Carbide products. Through its subsidiaries like Saint-Gobain Abrasives and Saint-Gobain Ceramics, the company supplies SiC for demanding applications in refractories, abrasives, and technical ceramics across various industries.

Innovation and Market Focus:

• Leading producer of bonded and coated abrasives utilizing SiC

• Significant investment in R&D for advanced ceramic composites

• Strong global supply chain serving automotive, aerospace, and industrial sectors

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9️⃣ 2. Fiven

Headquarters: Oslo, Norway
Key Offering: Fiven Black SiC, Fiven Green SiC, Microgrit SiC powders

Fiven is a premier global supplier of Silicon Carbide, operating one of the most advanced production facilities. The company specializes in both standard and custom SiC grades, catering to markets such as abrasives, refractories, and increasingly, functional ceramics for high-tech applications.

Innovation and Market Focus:

• Expertise in high-purity SiC for advanced technical applications

• Focus on sustainable production processes

• Strategic partnerships with key players in the European and Asian markets

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8️⃣ 3. Washington Mills

Headquarters: North Grafton, Massachusetts, USA
Key Offering: Electrominerals including Black and Green SiC, custom grain sizes

Washington Mills is a major force in the manufacturing of abrasive grains and fused minerals. The company produces a wide array of Silicon Carbide products known for their quality and consistency, serving the abrasive, refractory, and semiconductor industries with a strong footprint in North America.

Innovation and Market Focus:

• Specializes in engineered abrasive grains for precision applications

• Capabilities in producing large-volume, consistent-quality SiC

• Investment in expanding product lines for the EV battery and power electronics markets

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7️⃣ 4. ESK-SIC GmbH (a subsidiary of SKW Stahl-Metallurgie Holding AG)

Headquarters: Frechen, Germany
Key Offering: High-purity Green SiC, Black SiC, SiC microgrits

ESK-SIC is a leading European producer of high-quality Silicon Carbide. With a long history of expertise, the company provides SiC materials that are essential for abrasive tools, refractory linings, and advanced technical ceramics, emphasizing precision and material performance.

Innovation and Market Focus:

• Focus on high-purity grades for demanding technical applications

• Strong R&D pipeline for SiC-based advanced materials

• Key supplier to the European automotive and machinery industries

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6️⃣ 5. Ningxia Tianjing Metallurgy Co., Ltd.

Headquarters: Shizuishan, Ningxia, China
Key Offering: Black SiC, Green SiC lumps, grains, and powders

Ningxia Tianjing is one of China’s significant producers of Silicon Carbide, leveraging the region’s abundant raw material resources. The company has a substantial production capacity and plays a crucial role in supplying both domestic and international markets with cost-effective SiC products.

Innovation and Market Focus:

• Large-scale production capabilities for metallurgical and abrasive grade SiC

• Expanding into higher-value SiC segments for electronics

• Strategic location in a key Chinese industrial zone for raw material access

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5️⃣ 6. CUMI (Carborundum Universal Limited)

Headquarters: Chennai, India
Key Offering: Abrasives, Electro Minerals including SiC, Ceramics

Carborundum Universal Limited (CUMI), part of the Murugappa Group, is a leading Indian manufacturer of abrasives and electro minerals. The company produces Black and Green Silicon Carbide, serving diverse sectors from foundry and refractory to advanced engineering applications.

Innovation and Market Focus:

• Integrated manufacturing from raw materials to finished abrasive products

• Growing focus on value-added products for the domestic and export markets

• Investment in R&D for new SiC applications in energy and defense sectors

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4️⃣ 7. Elsid S.A.

Headquarters: Sinai, Egypt
Key Offering: Black Silicon Carbide, SiC grit and powder

Elsid S.A. is a prominent African producer of Silicon Carbide, with a strategically located plant that utilizes local quartz resources. The company exports a significant portion of its production, making it a key player in the regional and global supply chain for abrasive and refractory-grade SiC.

Innovation and Market Focus:

• Significant production capacity serving European, Middle Eastern, and Asian markets

• Focus on cost-competitive production for bulk applications

• Initiatives to improve product quality and environmental performance

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3️⃣ 8. Pacific Rundum

Headquarters: Zaporizhzhia, Ukraine
Key Offering: Silicon Carbide abrasives, refractory materials

Pacific Rundum is a key Eastern European manufacturer of abrasive materials, including Silicon Carbide. Despite geopolitical challenges, the company has historically been an important supplier to the regional steel and metalworking industries, with expertise in producing consistent quality SiC grains.

Innovation and Market Focus:

• Specialization in abrasives for heavy industries like steel and automotive

• Focus on maintaining supply chain resilience

• Exploration of new market opportunities post-conflict

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2️⃣ 9. Zaporozhsky Abrasivny Combinat (ZAK)

Headquarters: Zaporizhzhia, Ukraine
Key Offering: Green and Black SiC, abrasive tools

Zaporozhsky Abrasivny Combinat is one of the largest abrasive products manufacturers in Eastern Europe. The company produces a wide range of Silicon Carbide-based abrasives and has a long-standing reputation for supplying the CIS and European markets.

Innovation and Market Focus:

• Integrated production from SiC smelting to finished abrasive tools

• Strong historical presence in the metallurgical and machinery sectors

• Navigating operational challenges with a focus on future recovery

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1️⃣ 10. Etori (Lanzhou Heqiao)

Headquarters: Lanzhou, Gansu, China
Key Offering: Metallurgical Grade SiC, Refractory Grade SiC

Lanzhou Heqiao, often operating under the Etori brand, is a significant Chinese producer of Silicon Carbide. The company leverages proximity to raw materials to produce SiC primarily for the metallurgical and refractory industries, contributing substantially to China’s position as a leading global SiC supplier.

Innovation and Market Focus:

• Large-volume production for price-sensitive industrial applications

• Focus on improving energy efficiency in the SiC smelting process

• Expanding product portfolio to include higher purity grades

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Silicon Carbide (SiC)-SP Market – View in Detailed Research Report

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🌍 Outlook: The Future of Silicon Carbide (SiC)-SP Is High-Tech and High-Growth

The Silicon Carbide market is undergoing a significant transformation. While traditional applications in abrasives and refractories continue to form the market’s foundation, the industry is experiencing explosive growth driven by high-tech semiconductor applications, particularly in power electronics for electric vehicles and renewable energy systems.

📈 Key Trends Shaping the Market:

• Rapid adoption of SiC semiconductors in EV powertrains and charging infrastructure

• Increasing demand for high-performance refractories in steel and non-ferrous metal production

• Advancements in SiC-based composite materials for aerospace and defense

• Strategic investments by major electronics companies to secure SiC wafer supply

Read Full Report:
Silicon Carbide (SiC)-SP Market – View in Detailed Research Report

The companies profiled above are not just supplying a raw material; they are enabling technological advancement across multiple industries, from the cars we drive to the energy systems that power our future.