Press release
Silicon Metal Market Size, Business Growth, Share, Trends in 2021, Demand and Forecast to 2027
According to the report published by Allied Market Research, the global silicon metal market garnered $6.3 billion in 2019, and is projected to generate $8.9 billion by 2027, witnessing a CAGR of 5.5% from 2020 to 2027. The report provides a detailed analysis of changing market dynamics, top segments, key investment pockets, competitive landscape, and regional scenario.Rise in demand for aluminum silicon (Al-Si) alloys, versatility of silicones, and increase in usage in semiconductor applications drive the growth of the global silicon metal market. However, high production cost hinders the market growth. On the other hand, innovations in the existing technologies present new opportunities in the coming years.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/9627
Covid-19 Scenario:
The production activities have been hampered due to imposed lockdown by many governments. In addition, shortage of workers in the mining industry led to deficit of quartz, which is a raw material for producing silicon metal.
The demand from the manufacturing, construction, electronics, and other sectors decreased significantly due to shut down of operations and shortage of skilled workforce. The demand is expected to get back on track as operations begin in the full swing.
The silicone industry, which is the major application area of silicon metal, also faced hindrances due to disruptions in supply.
The report provides detailed segmentation of the global silicon metal market based on type, application, and region.
Based on type, the metallurgical grade segment accounted for more than half of the total market share in 2019, and is projected to maintain its leadership status during the forecast period. Moreover, this segment is expected to register the highest CAGR of 5.9% from 2020 to 2027. The research also analyzes the chemical grade segment.
Get Detailed COVID-19 Impact Analysis on the Silicon Metal Market @ https://www.alliedmarketresearch.com/request-for-customization/9627?reqfor=covid
Based on application, the aluminum alloys segment held around two-fifths of the global silicon metal market in 2019, and is expected to maintain its lead position by 2027. However, the semiconductors segment is estimated to manifest the largest CAGR of 6.2% from 2020 to 2027.
By region, Asia-Pacific contributed to the highest market share in 2019, accounting for more than two-fifths of the total market share, and is expected to maintain its dominance in terms of revenue by 2027. In addition, this region is expected to witness the fastest CAGR of 6.4% from 2020 to 2027. The report also discusses regions including North America, Europe, and LAMEA.
Leading players of the global silicon metal market analyzed in the research include Anyang Wanhua Metal Material Co. Ltd., Elkem ASA, Dow Inc., Henan ALOY New Material Co. Ltd., Ferroglobe PLC, Liasa, Hoshine Silicon Industry Co. Ltd., Shin-Etsu Chemical Co. Ltd., Mississippi Silicon LLC, and United Company RUSAL.
Interested in Procuring this Report? Visit Here: https://www.alliedmarketresearch.com/silicon-metal-market/purchase-options
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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 Silicon Metal Market Size, Business Growth, Share, Trends in 2021, Demand and Forecast to 2027 here
News-ID: 2304793 • Views: โฆ
More Releases from Allied Market Research
Community Based Tourism Market Expected to Surge to $2136.8 Billion by 2032, Dri โฆ
According to a new report published by Allied Market Research, titled, "Community Based Tourism Market Size, Share, Competitive Landscape and Trend Analysis Report by Age, by Traveler Type, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2023-2032." The report offers an in-depth examination of key investment areas, successful strategies, drivers, opportunities, market size estimations, competitive landscape, and evolving market trends. ๐๐ก๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐๐ฌ๐๐ ๐ญ๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญโฆ
K-pop Events Market Expected to Surge to $20 Billion by 2031, Driven by 7.3% CAG โฆ
According to a new report published by Allied Market Research, titled, "K-pop Events Market by Type (Rock, Jazz, Pop, Others), by Revenue Source (Tickets, Sponserships, Others), by Gender (Male, Female): Global Opportunity Analysis and Industry Forecast, 2021-2031". The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter's Five Forces, and competitive scenario. ๐๐ก๐ ๐ค-๐ฉ๐จ๐ฉ ๐๐ฏ๐๐ง๐ญ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐งโฆ
Music Event Market Size Value US$ 481.4 Billion by 2031, with a CAGR of 9.7% Rec โฆ
๐๐ก๐ ๐ฆ๐ฎ๐ฌ๐ข๐ ๐๐ฏ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.
According to a new report published by Allied Market Research, titled "Music Event Market By Revenue Source, By Genre, By Type, By Age Group, By Gender: Global Opportunity Analysis and Industry Forecast, 2021-2031" The report provides a detailed analysis of theโฆ
Glamping Market Projected to Worth US$ 7.11 Billion by 2031, Growth Rate (CAGR) โฆ
According to a new report published by Allied Market Research, titled, "Glamping Market By Application, By Age Group, By Size, By End User, By Distribution Channel, By Product Type: Global Opportunity Analysis and Industry Forecast, 2021-2031". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. ๐๐ก๐ ๐ ๐ฅ๐๐ฆ๐ฉ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐.๐๐โฆ
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.โฆ
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:โฆ
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Researchโsโฆ
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be moreโฆ
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the countryโs baby diaperโs market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled โBaby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012โฆ
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices andโฆ
