Polysilicon is a stable, pure, and crystalline form of silicon also called polycrystalline silicon. It possesses properties similar to semiconductors and is used in solar photovoltaic cells (PV) and electronics industries. The cost of polysilicon is less when compared to that of monocrystalline or single crystal silicon. Polysilicon contains several small silicon crystals of larger than 1 mm size. It is estimated that more than 350,000 tons of polysilicon are manufactured worldwide every year.
MARKET DYNAMICS
Polysilicon is a significant material employed in the solar photovoltaic industry as it is one of the significant feedstock materials utilized to manufacture silicon-based solar cells. The solar photovoltaic sector is intended as one of the fastest-growing industries around the globe. The polysilicon market is anticipated to grow due to the increase in demand for photovoltaic applications and development in the electronics industry. Expansions, investments, and long term contracts of companies are also propelling the polysilicon market.
MARKET SCOPE
The "Global Polysilicon Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the market with detailed market segmentation by form, application and geography. The market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polysilicon market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polysilicon market is segmented on the basis of form and application. On the basis of form, market is classified into chunks, granules, rods. On the basis of application, market is segmented into solar PV, electronics, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global polysilicon market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polysilicon market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polysilicon market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polysilicon market in these regions.
MARKET PLAYERS
The reports cover key developments in the polysilicon market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polysilicon market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the polysilicon market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polysilicon market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Daqo New Energy Corp.
- GCL-Poly Energy Holdings Limited
- Hemlock Semiconductor Operations LLC
- Mitsubishi Polycrystalline Silicon America
- OCI COMPANY Ltd.
- Osaka Titanium Technologies Co. Ltd.
- Qatar Solar Technologies
- REC Silicon ASA
- Tokuyama Corporation
- Wacker Chemie AG