Silicon Carbide Abrasives Market
The market for Silicon Carbide Abrasives was estimated at $2.6 billion in 2024; it is anticipated to increase to $4.9 billion by 2030, with projections indicating growth to around $8.4 billion by 2035.
Global Silicon Carbide Abrasives Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Silicon Carbide Abrasives industry revenue is expected to be around $2.9 billion in 2025 and expected to showcase growth with 11.4% CAGR between 2025 and 2034. The Silicon Carbide Abrasives market experiences strong expansion because different end-use sectors including automotive and aerospace and electronics require these products. Silicon carbide abrasives serve essential roles in industrial applications because they possess high hardness and thermal conductivity and excellent wear resistance properties. The market continues to grow because of technological progress and the manufacturingindustry'sshift toward sustainable practices.
Silicon Carbide Abrasives consist of synthetic materials that combine silicon with carbon to produce materials which exhibit high hardness and thermal shock resistance and chemical inertness. The combination of these features makes silicon carbide abrasives suitable for grinding and cutting and sanding and polishing operations in different industrial applications. The automotive industry relies heavily on silicon carbide abrasives to finish and polish vehicle components which results in better vehicle performance and extended lifespan. The miniaturization trend in electronic devices has created a rising market demand for silicon carbide abrasives because they deliver precise material removal during microelectronic device fabrication.
Market Key Insights
- The Silicon Carbide Abrasives market is projected to grow from $2.6 billion in 2024 to $7.6 billion in 2034. This represents a CAGR of 11.4%, reflecting rising demand across Automotive Industry, Construction & Infrastructure and Electronics Manufacturing.
- Saint-Gobain, Cumi Murugappa, 3M are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Silicon Carbide Abrasives market and are expected to observe the growth CAGR of 8.3% to 12.0% between 2024 and 2030.
- Emerging markets including Indonesia, South Africa and Brazil are expected to observe highest growth with CAGR ranging between 10.9% to 14.3%.
- Transition like Emergence of High-Purity Silicon Carbide Abrasives is expected to add $252 million to the Silicon Carbide Abrasives market growth by 2030.
- The Silicon Carbide Abrasives market is set to add $5.0 billion between 2024 and 2034, with manufacturer targeting Aerospace & Electronics End-Users projected to gain a larger market share.
- With Technological advancements in silicon carbide abrasives, and Growth in the automotive industry, Silicon Carbide Abrasives market to expand 194% between 2024 and 2034.