CVD silicon carbide is a silicon carbide materialproduced through a chemical vapor deposition (CVD) process. CVD silicon carbidematerials have a unique combination of outstanding thermal, electrical andchemical properties, making them ideally suited for applications in thesemiconductor industry that require high-performance materials.

According to the new market research report “GlobalCVD SiC Market Report 2023-2029”, published by QYResearch, the global CVD SiCmarket size is projected to reach USD 1.54 billion by 2029, at a CAGR of 8.1%during the forecast period.

Figure.   Global CVD SiC Market Size (US$ Million), 2018-2029

Based on or includes research from QYResearch: Global CVD SiC Market Report 2023-2029.

Market Drivers:

Epitaxial equipment is a key part of the modernsemiconductor industry. In the key LED equipment MOCVD and compoundsemiconductor epitaxial equipment, silicon carbide SiC and tantalum carbide TaCcoated graphite disks are widely used. Due to the booming silicon carbide-basedpower device market, the demand and startup rate of SiC epitaxial equipmenthave increased significantly, which has led to an increase in the demand forsilicon carbide SiC-coated graphite.

CVD silicon carbide is a silicon carbide materialproduced through a chemical vapor deposition (CVD) process. CVD silicon carbidematerials have a unique combination of outstanding thermal, electrical andchemical properties, making them ideally suited for applications in thesemiconductor industry that require high-performance materials.

The function of the focus ring is to hold the waferin place during the wafer manufacturing etching process to maintain plasmadensity and prevent contamination of the sides of the wafer. Quartz and siliconhave been used to make focus rings in the past, but as the use of dry etchingexceeds wet etching in advanced wafer manufacturing, good resistance to plasmabombardment, excellent resistance to gas corrosion, and excellent resistance toheat are required Shock and thermal strain resistance has increased the demandfor focus rings made of silicon carbide (SiC). For example, SiC rings arereplaced every 15 to 20 days, while silicon rings are replaced every 10 to 12days. The increased life span can reduce production costs.

Restraint:

Due to the high fixed cost burden and the time lagbetween investment and mass production, the semiconductor industry ischaracterized by unstable prices and cannot flexibly respond to output changesin prices.

However, compared with the equipment industry, thesemiconductor materials industry is relatively less sensitive to changes in thesemiconductor economy. The reason is that the equipment industry is directlyrelated to facility investment in the equipment industry, while the materialsindustry is built around consumption.

CVD silicon carbide production requires hightechnical barriers. Leading companies in the industry face the risk of patentinfringement. Tokai Carbon TCK has responded to these initiatives throughpatent litigation. In 2019, it filed a patent infringement lawsuit against DSTechno. Litigation is ongoing. As a result, Samsung delayed sourcing the focusring from DS Techno. TCK also filed a lawsuit against a YMC subsidiary thatcoats worn SiC rings for recycling.

Opportunity:

Strong growth in the semiconductor and LEDindustries, especially the production of logic storage, power management,sensors and LED chips, is driving global demand for submounts and wafercarriers

In recent years, with the introduction of the use ofsensors or big data converted according to IoT and the popularity of automotiveelectronic systems, the demand for SiC-coated carbon graphite products hasincreased.

Figure.   Global CVD SiC Top 5 Players Ranking and Market Share（Continually updated）

Based on or includes research from QYResearch: Global CVD SiC Market Report 2023-2029.

The global keymanufacturers of CVD SiC include Tokai Carbon, Schunk Xycarb Technology, SglCarbon, Toyo Tanso , CoorsTek, etc. In 2022, the global top five players had ashare approximately 63.0% in terms of revenue.

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QYResearch is a world-renowned large-scaleconsulting company. The industry covers various high-tech industry chain marketsegments, spanning the semiconductor industry chain (semiconductor equipmentand parts, semiconductor materials, ICs, Foundry, packaging and testing,discrete devices, sensors, optoelectronic devices), photovoltaic industry chain(equipment, cells, modules, auxiliary material brackets, inverters, powerstation terminals), new energy automobile industry chain (batteries andmaterials, auto parts, batteries, motors, electronic control, automotive semiconductors,etc.), communication industry chain (communication system equipment, terminalequipment, electronic components, RF front-end, optical modules, 4G/5G/6G,broadband, IoT, digital economy, AI), advanced materials industry Chain (metalmaterials, polymer materials, ceramic materials, nano materials, etc.),machinery manufacturing industry chain (CNC machine tools, constructionmachinery, electrical machinery, 3C automation, industrial robots, lasers,industrial control, drones), food, beverages and pharmaceuticals, medicalequipment, agriculture, etc.