According to study, “World
Polysilicon Market Research Report 2024(Covering USA, Europe, China,
Japan, SEA and India)” the key companies operating in the world polysilicon
market areSales(MT), Hemlock Semiconductor Corp., GCLPoly Energy Holdings
Limited, REC Silicon ASA, OCI Company Ltd., TBEA,CYMCO Yunxin Silicon Materials
Co, Ltd., SichuanYongxiang Co. Ltd., Shaanxi Non-Ferrous Tian Hong REC Silicon
Materials Co, Ltd., Sichuan ReneSola Silicon Materials Co, Ltd., Shaanxi
Tianhong Silicon Industrial Corporation, SunEdision Inc., WackerChemie AG, KCC,
HanKook Silicon CO. Ltd., Tokuyama Corp., Xinjiang DaqoNewEnergy Corp., Hanwha
Chemical, WoongjinPolysilicon Co. Ltd., AsiaSilicon Co. Ltd., Guodian Inner
Mongolia Jingyang Energy Co, Ltd., Active Solar Energietechnik GmbH, HebeiDongming
Silicon Corporation Ltd., HuangheHydropower Development Co, Ltd., Henan
Hengxing Technology Co, Ltd., Inner Mongolia DunAn Photovoltaic Science and
Technology Co, Ltd., Jiangsu Kangbo New Material Technology Co, Ltd., Inner
Mongolia Shenzhou Silicon Industry LLC., Jiangxi LDK Solar Hi-Tech Co, Ltd., Xinjiang
East Hope New Energy Co, Ltd., Xinte Energy Co, Ltd., Xinjiang Hejing Energy Technology
Co, Ltd., Ningxia Dongmeng Energy Co, Ltd., Luoyang China Silicon Co. Ltd., YichangCSGPolysilicon
Co, Ltd. The key companies operating in this market are adopting many business
strategies for instance joint ventures, product launches, and agreements to
gain significant market shares.
Polysilicon is a high-quality polycrystalline form
of silicon, also known as polycrystalline silicon. It is used as a raw material
by electronics and solar photovoltaic industry.It is produced from
metallurgical grade silicon through a chemical purification process, called the
Siemens process. It consists of small crystals, also called crystallites,
giving the material its distinctive metal flake effect.At the component level, it
is also used as a conducting gate material in MOSFET (metal-oxide-semiconductor
field effect transistor) and CMOS (complementary metal-oxide-semiconductor)
processing technologies. For these technologies it is deposited with LPCVD(low-pressure
chemical-vapour deposition) reactors at high temperatures and is generally
heavily doped n-type or p-type.
Based on form, polysilicon market
is segmented into chips, granules, chunks and rods. Based on manufacturing
technology, market is segmented into Siemens process, upgraded metallurgical-grade
(UMG) silicon process and Fluidized Bed Reactor (FBR). In addition, based on
end-use industry, market is segmented into electronics and solar PV. Solar PV
includes multi crystalline solar panels and monocrystalline solar panels.
The polysilicon market is driven by growth in
semiconductor industry, followed by rapid growth in solar photovoltaic (PV)installations,
increase in population, change in consumers preference, growth in urbanization,
government subsidies, increase in need of polycrystalline silicon, favorable
government policies & regulations in tandem with public or private
incentives,rise in need for cleaner & efficient renewable energy, improvement
in living standards, and rise in demand for electronic devices. However, anti-dumping
policies related to polysilicon, highly competitive market and high capital
expenditure may impact the market. Moreover,price equilibrium and technological
advancement in production process are key opportunities for market.
Based on geography, China and Japan countries holds
major share in polysilicon market owing to high demand for the product in
end-use industries such as electronics & solar power generation and rapid
urbanization in the countries. Additionally, China is the major producer &
supplier of solar PV installations in the world. USA country holds second major
share in market due to government initiatives for the use of renewable energy
sources for instance solar energy. Furthermore, Europe is expected to witness
moderate growth on account of rise in demand from consumer electronics over the
forecast period.
For more information on the research
report, refer to below link:
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