openPR Logo
Press release

Polysilicon Market – Worldwide Demand Overview 2025 | OCI Company Ltd., GCL-Poly , REC Silicon ASA

01-24-2019 09:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

/ PR Agency: TMR Research
Polysilicon Market – Worldwide Demand Overview 2025 | OCI Company Ltd., GCL-Poly , REC Silicon ASA

Polysilicon Market: Snapshot

Polysilicon is an extremely pure form of silicon. Its main application is in the production of solar photovoltaic units, due to its promising semiconductor properties. The rapid growth of the solar photovoltaics sector in recent years is thus the major driver for the polysilicon market.

Request Sample Copy of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=917

Developed countries in North America and Europe have been leading consumers in the global polysilicon market due to the steady government support to the solar photovoltaics sector. Growing demand from individual customers for home-based solar photovoltaic units is likely to be a key driver for the polysilicon market in the region, as the widespread installation of smart grid technology has enabled consistent use of alternative energy sources, as smart grid software has helped eliminate the difficulties in integrating conventional and alternative power infrastructure. In Europe, Central European and Mediterranean countries have become major players in the solar photovoltaics sector and are likely to remain regional leaders in the global polysilicon market as a result.

Developing countries in Asia Pacific, Latin America, and Africa could become leading contributors to the global polysilicon market in the coming years due to the steady growth of the solar photovoltaics sector in these regions in the last few years. Cheap solar photovoltaic installations have become the norm in underdeveloped regions, and while this constricts the demand for the more expensive polysilicon, the boost to the solar industry is likely to help the polysilicon market in the long run. Southeast Asian economies such as China and India have become leading producers of solar power in the last few years and are thus likely to remain key regional players in the global polysilicon market.

Global Polysilicon Market: Overview

Polysilicon is a hyper pure polycrystalline form of silicon and is used as feedstock material in many solar energy applications and as a key raw material for manufacturing electronic chips. Owing to its semiconductor properties, polysilicon is extensively used to make photovoltaic (PV) panels across the globe. The market for polysilicon is fast evolving and is driven by the rapid growth of solar photovoltaic industry and product developments in the semiconductor industry. In microelectronics, polysilicon is used in the fabrication of crystalline silicon wafers. Fluidized bed reactor (FBR) technology is one of the most widely used processes in the production of polysilicon and has helped reduce the manufacturing cost of the material. A rise in solar photovoltaic installations worldwide is anticipated to have a favorable impact on the growth of the polysilicon market.

Request TOC of the Report @
www.tmrresearch.com/sample/sample?flag=T&rep_id=917

The research report, prepared with valuable inputs from various industry leaders and market experts, provides a comprehensive insight into the market dynamics, current trends, emerging technologies, profile of key players, and lucrative growth avenues for companies in the polysilicon market. The research analysis takes a closer look at the major investment trends along with the recent product advancements in the polysilicon market across major regions. The report analyzes the regulatory framework positively impacting the growth of the market and the various disruptive technologies expected to alter the growth dynamics of the polysilicon market. The in-depth insights in the study are helpful to new and established market players alike to devise impactful strategies.

Global Polysilicon Market: Key Trends, Drivers, and Restraints

The growing demand for photovoltaic cells and increasing applications of polysilicon in the semiconductors and electronics industry are the key factors driving the growth of the market. Coupled with this, favorable government regulations on clean energy and investments made by private players in different renewable energy technologies are expected to boost the polysilicon market. In addition, tax exemptions provided by different state and local governments in the solar PV industry are anticipated to stimulate the demand for polysilicon across the globe.

In contrast, high capital expenditure for setting up polysilicon production plants is likely to hinder the growth of the polysilicon market to an extent. Lack of proper anti-dumping policies on PV cells in some regions, particularly China, combined with a global supply glut, is a key market challenge faced by polysilicon manufacturers. Market analysts, however, contend that increasing consumer awareness towards the adoption of clean energy technologies and the implementation of governments’ policies on the reduction of carbon dioxide emissions in developed and developing regions are expected to create lucrative growth opportunities for market players.

Global Polysilicon Market: Region-wise Outlook

Asia Pacific is fast emerging as one of the prominent regions for the growth of the polysilicon market. Developments in the region are driven by the rising demand for solar PV installations along with various solar tax exemptions provided to private players setting up PV plants. In addition, growth in the electronics wafer manufacturing industry in India, China, Japan, and South Korea and technological advances in the semiconductor and electronics industry in Asia Pacific are likely to spur the demand for polysilicon materials. The developed countries of North America, such as the U.S., are poised to witness significant market growth. Various government initiatives in the U.S. to reduce carbon emissions and the increasing demand for consumer electronics have stirred the demand in this region.

Global Polysilicon Market: Competitive Landscape

Market players, over the past few years, have faced various challenges, particularly the shutdown of polysilicon production plants, which has significantly shaped their strategies. Furthermore, the lack of adequate anti-dumping regulations combined with the global oversupply of polysilicon has led manufacturers to tread cautiously. However, with the market projected to have a positive outlook over the forecast period, companies are entering the semiconductor and electronics industry and adopting integration strategies to boost their bottom line. Market players are also making new technological advancements to consolidate their market share. Partnerships, agreements, and joint ventures are other prominent strategies adopted by the major players to expand their presence across the globe.

Read Comprehensive Overview of Report @
www.tmrresearch.com/polysilicon-market

Major companies operating in the polysilicon market include OCI Company Ltd., GCL-Poly, REC Silicon ASA, Tokuyama Corporation, Sunedison, Inc., Wacker Chemie AG, Hemlock Semiconductor Corporation, Active Solar Energietechnik GmbH, Daqo New Energy Corp., and Woongjin Polysilicon Co. Ltd.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Polysilicon Market – Worldwide Demand Overview 2025 | OCI Company Ltd., GCL-Poly , REC Silicon ASA here

News-ID: 1528859 • Views: 256

More Releases from TMR Research

Farm Animal Drug Market 2025 | Zydus Animal Health Ltd., Zoetis, Inc.
Global Farm Animal Drug Market: Snapshot Farm animal drugs are medicines mainly used for healthcare-based practices for diagnosis, cure, mitigation, treatment, or prevention of diseases that could affect livestock. These medicines need to be used as per strict requirement based on their essentiality to maintain well-being of farm animals. Simply said, farm animal drugs are a key factor supporting the growth of livestock industry all over the globe. Get Sample Copy of
Survey On Innovation: Immune Thrombocytopenia Drugs Market 2028 | Rigel Pharmace …
Immune Thrombocytopenia Drugs Market: Overview The autoimmune disorder of immune thrombocytopenia outcomes in an unusually low level of platelets. Asymptomatic bleeding disorders are immune thrombocytopenia. Only after platelet counts are exceptionally low appear symptoms. These are petechias, skin contusions, bleeding from the rubber gum, among others. While most of the ITP aren’t fatal cases, roughly 3 per cent die from complication like intracranial hemorrhages and infection in chronic refractory ITP patients.
Neglected Tropical Disease Treatment Market Landscape Assessment By Type, Opport …
Global Neglected Tropical Disease Treatment Market: Introduction Relevant issues like sanitation, neatness, and cleanliness still stress a few pieces of the world even today. This outcomes in spike of contaminations and diseases that usually get neglected. They are named as neglected tropical diseases. World Health Organization states that these malady influence almost 1 billion individuals over the globe. This clarifies the upcoming potential for organizations in the global neglected tropical
Business Overview: Uveitis Drugs Market 2028 | Allergan India Private Limited, T …
Global Uveitis Drugs Market: Overview A limited choice of commercial drugs composed of corticosteroid treatments, immunosuppresives and biologics is characteristic of the global uveitis drugs market. Uveitis (Uveitis) is a median eye inflammation (Uvea) known as the uvea tract. The uvea is made up of iris, ciliary and choroids. Certain prevalent causes of uveitis are autoimmune diseases, infection, injury, inflammatory diseases and surgeries. Uveitis-related common symptoms include eye pain, floating

All 26115 Releases


More Releases for Polysilicon

Polysilicon Market Production by Top Players 2025
Polysilicon Market: Snapshot Polysilicon is an extremely pure form of silicon. Its main application is in the production of solar photovoltaic units, due to its promising semiconductor properties. The rapid growth of the solar photovoltaics sector in recent years is thus the major driver for the polysilicon market. Developed countries in North America and Europe have been leading consumers in the global polysilicon market due to the steady government support to the
Polysilicon Market Region-wise Outlook 2025
Polysilicon Market: Snapshot Polysilicon is an extremely pure form of silicon. Its main application is in the production of solar photovoltaic units, due to its promising semiconductor properties. The rapid growth of the solar photovoltaics sector in recent years is thus the major driver for the polysilicon market. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=917 Developed countries in North America and Europe have been leading consumers in the global polysilicon market
Advanced Technologies Of Global Polysilicon Industry 2017
Albany, NY, 21st November : Recent research and the current scenario as well as future market potential of "Global Polysilicon Market Report: 2016 Edition" globally. Polycrystallion silicon, also known as polysilicon or poly-Si, polysilicon is the purest form of silicon and the second most abundant element available in nature. Get PDF for more Professional and Technical insights @ https://www.researchmoz.us/enquiry.php?type=S&repid=725240 It is a material consisting of small silicon crystals which differs from single-crystal silicon,
Polysilicon Chip Market 2017 Key Manufacturers Analysis
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Polysilicon Chip in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Polysilicon Chip market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including REC Silicon Sunlux Energy Mei Mitsubishi Polysilicon CSG Holding SGL CARBON For more information about this report at http://www.reportsweb.com/global-polysilicon-chip-market-research-report-2017 On the
Wacker Is New Global Polysilicon Market Leader
Bernreuter Research: German producer has superseded GCL-Poly as No. 1 Würzburg (Germany), March 30, 2017 – The German chemicals group Wacker Chemie AG has become the world's largest manufacturer of polysilicon, the feedstock for semiconductors and solar cells. With a production volume of more than 70,000 metric tons (MT) in 2016, Wacker superseded Jiangsu Zhongneng Polysilicon, a subsidiary of GCL-Poly Energy Holdings Ltd. in China, which produced 69,345 MT. Jiangsu Zhongneng
New Polysilicon Technology – Promise or Hype?
Bernreuter Research warns of overestimating fluidized bed reactor (FBR) Würzburg (Germany), February 27, 2014 – The latest announcement of US manufacturer REC Silicon Inc. that it would establish a new polysilicon plant with an annual production capacity of 19,000 metric tons (MT) has highlighted an upcoming trend in the polysilicon industry: the rise of fluidized bed reactor (FBR) technology. Like REC, China-based GCL-Poly Energy Holdings Ltd., the world's largest polysilicon manufacturer,