San Francisco, 05
March, Polysilicon Market Analysis By
Application (Photovoltaic, Electronics), By Region (North America, Europe, Asia
Pacific, Central & South America, Middle East & Africa), Trends &
Dynamics, Competitive Landscape, And Segment Forecasts, 2018 – 2025.
The global polysilicon market is anticipated to reach
USD 13.56 billion by 2025, according to a new report by Grand View Research,
Inc. The growing solar PV (photovoltaic) and electronic industry are expected
to propel market demand over the coming years. The FBR technology used in the
production of polysilicon has helped to reduce manufacturing cost to a large
extent, thus lowering prices of polysilicon in 2014. Increasing solar
photovoltaic installations is projected to impact market growth positively.
Polysilicon is also used in the fabrication of crystalline silicon wafers,
which is the backbone of the microelectronics industry.
Asia Pacific occupied the
largest share of the global polysilicon market on account of a vast number of
solar installations in countries such as China, India, Japan, and South Korea.
The low cost of solar grade polysilicon is expected to propel market demand
over the forecast period.
Access Full Research
Report On Polysilicon Market Analysis:
Further Key Findings from the Study Suggest:
·
Huge investments in renewable
energy projects across the world is expected to boost the demand for
polysilicon over the forecast period
·
Asia Pacific is projected to
grow at the highest CAGR with China leading the market share
·
PV capacity expansion projects
undertaken in Asia Pacific coupled with the growth of the semiconductor
industry is anticipated to complement market growth within the region
·
North America occupied the
second largest share in 2015 on account of high polysilicon demand in the U.S.
electronics and solar energy industry
·
Implementation of anti-dumping
policies is anticipated to restrain market growth over the forecast period
·
The fluidized bed reactor (FBR)
technology used for the manufacture of solar grade polysilicon helps to reduce
manufacturing cost to a large extent
·
Some of the companies that have
adopted the FBR technology for the manufacture of polysilicon include REC Silicone,
GCL Poly, and SunEdison Inc.
·
According to the International
Technology Roadmap for Photovoltaics (ITRPV), FBR technology used in the
manufacture of polysilicon is projected to occupy 30% of the market share by
2017
·
Chinese duties and the
oversupply scenario experienced by the polysilicon market in 2013 led to plant
shutdowns of company’s such as REC Silicon, SunEdison, Hemlock
·
Companies operating in this
market include GCL-Poly, Wacker Chemie AG, OIC Chemical, REC Silicon, Tokuyama,
LDK Solar Co. Ltd., Hemlock Semiconductor Group, and TBEA Co. Ltd.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the
global polysilicon market on the basis of application and region:
Polysilicon Application Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Photovoltaic
·
Electronics
Polysilicon Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
UK
o
Germany
o
France
o
Italy
·
Asia Pacific
o
China
o
Japan
o
India
o
South Korea
o
Australia
·
CSA
o
Chile
o
Honduras
·
MEA
o
South Africa
o
Algeria
Browse Press
Release of this Report:
https://www.grandviewresearch.com/press-release/global-polysilicon-market
https://www.grandviewresearch.com/press-release/global-polysilicon-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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