China Silicon Carbide Industry Report, 2015-2019 presents a report on “China Silicon Carbide Industry Report, 2015-2019”.
01st, March., 2016, Mumbai, India: Market Reports on China presents the report, on “China Silicon Carbide Industry Report, 2015-2019”, provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

China is the largest producer and exporter of silicon carbide in the world, with the capacity reaching 2.2 million tons, accounting for more than 80% of the global total. In 2014, the total silicon carbide output in China approximated 1.03 million tons, including 670,000 tons of black silicon carbide and 360,000 tons of green silicon carbide, with a very low capacity utilization rate. It is projected that the total output in 2015 would reach 1.2 million tons.

As China's silicon carbide export quota was abolished in 2013, China’s silicon carbide exports have, to a greater or lesser degree, expanded in recent years. But this was not true in 2015, which saw a low-speed growth rate. In Jan.-Nov. 2015, China’s silicon carbide exports came to 291,100 tons, up 0.4% from the same period of last year; and the average export price fell from USD1.1/kg in 2013 to USD0.97/kg.

There are about 200 SiC raw materials manufacturers in China, including Yicheng New Energy, Xinjiang Longhai Silicon, Lanzhou Heqiao, and Ningxia Jinjing, etc. Among them, Yicheng New Energy constitutes China's largest silicon carbide blade material production and recycling company, with its annual silicon carbide capacity totaling 210,000 tons and its annual wafer cutting mortar recycling capacity more than 60,000 tons.

With overcapacity of SiC raw materials and ongoing falling prices in China, the corporate profits were severely squeezed. Hence, it becomes an inevitable trend to...