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Trichlorosilane (TCS) Market Size and Growth 2019-2025 | Major Players Wacker Chemie, OCI, Evonik, Mitsubishi Materials, DOW, SIAD

Trichlorosilane (TCS) Market Size and Growth 2019-2025 | Major

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.

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 product 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.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4398

Rise of solar photovoltaics in APAC to boost TCS production
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.
China currently represents the largest solar PV market across the globe with a total installed capacity of over 35.4% in 2018. By 2020, China aims to increase solar photovoltaic capacity to 210-270 GW. China has been making strides in the solar industry for quite some time now. In fact, following specialty chemical manufacturer SunSi’s extension of its Wendeng facility production capacity in 2011, over 30,000 tons of TCS was produced in the first phase rising to 75,000 tons in the second phase. Additionally, the acquisition of Zibo Baoyun Chemical by SunSi also improved its manufacturing capacity from 6,000 to 25,000 per year.

Sizable investment in semiconductor industry
Use of trichlorosilane as an intermediate compound in semiconductor industry will fuel the market size expansion. Trichlorosilane will be highly sought-after in semiconductor to control the flow of electrons through electronic devices.
In recent years, gas plants have produced trichlorosilane to boost the production of semiconductor-grade polysilicon for solar and semiconductor applications. Manufacturers are using trichlorosilane to boost flexibility to function in the semiconductor industry. Trichlorosilane is profoundly produced by treating powdered metallurgical grade silicon with blowing chloride.

Browse complete summary of this research report @ https://www.gminsights.com/industry-analysis/trichlorosilane-market

Market Players:
• Wacker Chemie
• OCI
• Evonik
• Mitsubishi Materials
• DOW
• SIAD
• Tokuyama Corp
• SunSi Energies
• Osaka Titanium
• Hemlock Semiconductor

Lucrative growth opportunities in solar PV and polysilicon chip
There are growth opportunities in solar PV with silicon gaining traction in solar cells. Notably, solar energy panels have risen in importance and have become a common sight across the industry. Besides, application of trichlorosilane as the basic ingredient in the production of purified polysilicon will provide palpable growth opportunities.
Polysilicon chip will be mainly used in solar energy, automotive and electronics applications. It is worth noting that polysilicon chip technologies are used to develop cost efficient polysilicon material.

Investors may infuse funds in North America trichlorosilane market as countries such as the U.S. and Canada have exhibited traction for polysilicon based products. Moreover, expansion of semiconductor industry in the region will add fillip to the business outlook.

With the trend for solar PV on the rise, leading companies may look to expand their penetration in APAC. Favorable governments’ policies and investment in hydrochlorination systems may instill confidence among stakeholders in Asia Pacific trichlorosilane industry.

Renewed interest in hydrochlorination in India and China is attributed to burgeoning environmental concerns and rigorous regulations linked with heavy metal pollution.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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