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Silicon Carbide Market Size Share Growth 2033

Jamessmithjimmy124 Apr, 2025Business

Silicon carbide (SiC), or carborundum, is a deoxidizing agent consisting of silicon and carbon used for the production of steel. It usually occurs as rare mineral moissanite and can be artificially synthesized in the form of SiC powder. It is commonly used in the manufacturing of automobile brakes, clutches, light-emitting diodes (LEDs), detectors, ceramic plates and bulletproof jackets and vests. In comparison to the traditionally used silicomanganese or ferrosilicon, silicon carbide has high thermal conductivity, resistance to abrasion and corrosion from acids and produces lesser sulfur, aluminum and nitrogen content. As a result, it finds extensive applications across various industries, including aviation, aerospace, medical, electronic, defense, automotive and telecommunication.

Powder Metallurgy Market Size, Share And Growth 2033

Jamessmithjimmy124 Apr, 2025Business

The global powder metallurgy market reached a valuation of USD 3.4 billion in 2024 and is projected to grow to USD 7.1 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 8.13% during the forecast period of 2025–2033, according to IMARC Group. This growth is primarily driven by the expanding automotive industry, which increasingly utilizes powder metallurgy for manufacturing lightweight and high-strength components such as gears and cams. The process's ability to produce complex shapes with minimal material waste makes it ideal for automotive applications. GlobeNewswire

Modular Data Center Market Size, Share & Forecast 2033

Jamessmithjimmy124 Apr, 2025Business

The global modular data center market was valued at USD 32.6 billion in 2024 and is projected to reach USD 102.5 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 12.89% from 2025 to 2033, North America currently leads the market, holding over 41% share in 2024, driven by the increasing adoption of edge computing and 5G technology, as well as a strong focus on energy-efficient infrastructure.