Silicon Carbide companies

  • Report ID: 5213
  • Published Date: Oct 24, 2025
  • Report Format: PDF, PPT

Key Silicon Carbide Market Players:

    U.S. companies Wolfspeed, Coherent, and ON Semi lead the global market for SiC chemicals, using the CHIPS Act and DOE contracts to increase production. While Japan (ROHM, Toshiba) is the leader in high-purity SiC wafers, European companies (STMicro, Infineon) concentrate on automotive and industrial SiC solutions. China's SICC Materials and South Korea's SK Siltron are expanding through government-supported semiconductor regulations. With their green chemistry projects, Malaysia's MAM and India's AGS Tech are rising to prominence. Important tactics include partnerships (Infineon-Resonac), vertical integration (Wolfspeed's $5.5 billion fab expansion), and research and development in SiC recycling (STMicro's $101 million EU initiative).

    Here is a list of key players operating in the global market: 

    • Wolfspeed, Inc.
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Coherent Corp. (formerly II-VI)
    • STMicroelectronics NV
    • Infineon Technologies AG
    • ROHM Semiconductor
    • ON Semiconductor
    • SK Siltron Co., Ltd.
    • Toshiba Materials Co., Ltd.
    • Cree, Inc. (part of Wolfspeed)
    • SICC Materials Co., Ltd.
    • ESD-SIC bv
    • AGS Technologies
    • Norstel AB (acquired by STMicro)
    • Everspin Technologies Inc.
    • Malaysian Advanced Materials (MAM)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

The silicon carbide market size was USD 4.6 billion in 2025.

The global silicon carbide market size was USD 4.6 billion in 2025 and is likely to reach USD 15.1 billion by the end of 2035, expanding at a CAGR of 11.4% over the forecast period, i.e., 2026-2035.

Wolfspeed, Inc., Coherent Corp., STMicroelectronics NV, Infineon Technologies AG, and ROHM Semiconductor are some key players in the market.

The electric vehicles segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 35.5% during the forecast period.
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