Silicon Carbide Market

  The  Silicon Carbide (SiC) market  size is expected to reach USD 7.79 Billion in 2030 and register revenue CAGR of 11.4% over the forecast period, according to the latest report by Reports and Data. Increasing demand for SiC devices in power electronics and reduction in size of SiC-enabled devices are the key factors driving market revenue growth over the forecast period. Get a sample of the report @  https://www.reportsanddata.com/sample-enquiry-form/3026 The materials and chemical sector is significantly growing in terms of revenue and is expected to register rapid revenue growth during the forecast period. This can be attributed to the rising demand for raw materials and chemicals in various industrial sectors including biotechnology and pharmaceutical, paper and pulp, agriculture, medical and healthcare, and food and beverages among others. Other factors such as increasing awareness about energy efficiency and green energy, the rising need for reducing carbon e...