What's driving the trichlorosilane market trends? | Key players are Dow, Wynca Group, Evonik, Linde AG, OCI, SIAD, Zhejiang, SunShi Energies

As per the latest report, Trichlorosilane Market size to reach USD 10 billion by 2026. Trichlorosilane or TCS is a commercially produced inorganic compound which is a product of the reaction between hydrogen chloride and a ferrosilicon bed at high temperatures. In the TCS production process, hydrogen chloride is used to fluidize a fine-ground metallurgical grade silicon or MG-Si with over 98% silicone concentration, with a copper containing catalyst.

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The resulting polycrystalline silicone or PCS is a vital part of solar photovoltaics production. These PV panels, produced using the Siemens process, consume a high trichlorosilane volume. The siemens process involves the exposure of silicon rods to TCS in order to produce polysilicon of ultra-high purity to be used in solar PVs.

The flourishing solar industry across the globe is expected to add significant impetus to trichlorosilane market. This growth is largely attributable to the burgeoning demand for solar photovoltaic products with polysilicon.

In the Asia Pacific region, there is an emergent need for a successful transition to renewable energy. For this endeavor, decarbonization of the region is paramount.

With APAC representing over 52% of the global population, and fast-growing population numbers, studies suggest that regional energy demand will double by 2030.

While the global solar PV capacity is expected to rise by nearly 1TW from 2019 to 2030, China is expected to take the lead in the industry, followed by prominent Asian countries including India, Vietnam, etc.

Wacker Chemie AG, Dow Corning Corporation, Qianjiang Tianxiang Chemical Co. Ltd., Wynca Group, Evonik, Linde AG, OCI, SIAD, Hemlock Semiconductor, Tokuyama Chemicals (Zhejiang) Co., Ltd, SunShi Energies are the top companies profiled in the trichlorosilane market.

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