Polycrystalline Silicon Market Advanced Technology, Growth and Competitive Analysis up to 2022 Forecast
“The reason behind the worldwide growth of solar PV installation is the increase in consumers’ awareness and government initiatives for sustainable energy. China, Japan, and U.S. together make up two thirds of the global solar PV market. Polysilicon is considered to be the building block of more than 90% of the photovoltaic solar panels globally. As a result, the growth of the solar PV industry is driving the demand for polysilicon market share.”
Polycrystalline silicon is also known as “polysilicon” or “poly-Si”. Basically, it is a high purity, polycrystalline form of silicon used as a raw data by the solar photovoltaic and electronics industry. It is manufactured from metallurgical grade silicon with a help of a chemical purification process called as “Siemens process”. The procedure involves distillation of volatile silicon compounds, and further they are being decomposed into silicon at high temperatures. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/polycrystalline-silicon-polysilicon-market
The reason behind the worldwide growth of solar PV installation is the increase in consumers’ awareness and government initiatives for sustainable energy. China, Japan, and U.S. together make up two thirds of the global solar PV market. Polysilicon is considered to be the building block of more than 90% of the photovoltaic solar panels globally. As a result, the growth of the solar PV industry is driving the demand for polysilicon market share. Besides, polysilicon is utilized for manufacturing electronic chips as a chief raw material. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/polycrystalline-silicon-polysilicon-market/request-sample Thus, the growing demand for semiconductors in data processing and communication devices like tablets and smartphones is, in turn, increasing the demand for polysilicon. So, it clearly suggests that the polysilicon market is driven by the escalating growth of its major end-use industries, which include solar PV and electronics. The factors that discourages the market share is the huge capital expenditure that is required for establishing polysilicon production plants and that gives rise to high entry barriers for the smaller participants. In China, the declining prices and anti-dumping policies are the major challenges that the polysilicon manufacturers have to face. Thorough studies and research are being conducted to bring out the major chunk of information linked to the particular market such as the major factors including drivers, restraints, opportunities, and industry-specific challenges that influence the growth of the market globally. The studies have also projected the market size of polysilicon both in terms of volume as well as value. Various market segments are being analyzed with respect to individual growth trends, growth prospects, and contribution to the total market. The studies are involving both - the top-down and bottom-up approaches for the estimation and validation of the size of the global polysilicon market. Not only that, it also estimates the size of several other submarkets that are dependent on it. The key players include GCL-Poly Energy Holdings Limited, JFE Holdings, Inc., Nitol Solar, Limited, Renewable Energy Corporation, SunEdison Inc., REC Silicon ASA, Tokuyama Corporation, OCI Company Limited, Daqo New Energy Corp., SunEdison Inc., Elkem Holding, Inc., Wacker Chemie AG, and Hemlock Semiconductor Corporation. The Key Target Audience includes Silicon manufacturers, Equipment manufacturers, Solar PV manufacturers, Regional manufacturers’ associations and general polysilicon associations, Investment research firms, Manufacturers of polysilicon material, Traders, distributors, and suppliers of polysilicon, Semiconductor chip manufacturers, and Government, regional agencies and research organizations. Based on Form, the market share spans Chunks, Rods, and Granules. Based on End-Use Industry, the market share spans Electronics and Solar PV. Based on Region, the market share spans Asia Pacific, Europe, North America, and Middle East, Africa and South America. Market Segment: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Polycrystalline Silicon in these regions, from 2012 to 2022 (forecast), covering
• North America • Europe • China • Japan • Southeast Asia • India See More Reports of This Category by Million Insights @ https://www.millioninsights.com/industry/chemicals-and-materials Global Polycrystalline Silicon market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • GCL - Poly Energy Holding Ltd. • Wacker Chemie AG • OCI Company • Hemlock Semiconductor Group • REC Silicon ASA • TBEA Co., Ltd. • Qatar Solar Technologies • Osaka Titanium Technologies Co. Ltd. • Beijing Lier High-temperature Materials Co. Ltd. • Hankook Silicon Co. Ltd. • LDK Solar Co. Ltd. • Mitsubishi Polycrystalline Silicon • Tokuyama Corporation
• DAQO New Energy • SunEdison Inc. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/polycrystalline-silicon-polysilicon-market
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