Polysilicon Market on a Roller-Coaster Ride
The 2014 Who's Who of Solar Silicon Production provides forecasts on the polysilicon market through 2017.
Würzburg (Germany), January 8, 2014 – After a short recovery in 2013, the polysilicon industry is once again steering towards oversupply. This is one of the conclusions of the latest global polysilicon market report from Bernreuter Research, The 2014 Who's Who of Solar Silicon Production. "Although shutting down capacities of approximately 135,000 metric tons (MT) since 2011 has solved the oversupply problem in the short term, new entrants and recommissioned Chinese plants will again tip the supply-demand balance in 2015 at the latest," says Johannes Bernreuter, head of Bernreuter Research and author of the new report. Correspondingly, the polysilicon price on the spot market will fall from 18 US$/kg at the end of 2013 to 16 $/kg by the end of 2014, forecasts Bernreuter.
Polysilicon is the feedstock for the photovoltaic (PV) and semiconductor industries. According to preliminary estimates of Bernreuter Research, the global output in 2013 decreased to approximately 228,000 MT, 4% down from 238,000 MT in 2012. The decline was mainly due to low utilization rates in the first quarter. In contrast, the newly installed PV capacity increased at a double-digit rate to about 36 gigawatts (GW) in 2013; thus, the large polysilicon inventories resulting from oversupply in 2011 and 2012 could be reduced decisively.
New low-cost capacities drive down the polysilicon spot price
In 2014 strong growth of the PV industry, which makes up approximately 90% of the total demand for polysilicon, will initially drive up the spot price. Bernreuter Research covers the broad range of PV installation forecasts with three scenarios, spreading from 43 GW (low case) to 46 GW (base case) and 49 GW (high case). In the high-case scenario, the polysilicon spot price will rise to a bandwidth of 21 to 24 $/kg in the first half of 2014, whereas it will not exceed 20 $/kg in the base case. In all three scenarios, however, the spot price will drop to 16 $/kg by the end of 2014.
The reason is that new low-cost capacities of up to 66,000 MT are coming on stream in 2014, which will push expensive producers out of the market and will consequently reduce the spot price. Roughly one third of the new capacity will be based on fluidized bed reactor technology using monosilane as feed gas. While maintaining high silicon purity, this technology entails manufacturing costs that are substantially lower compared to the established Siemens process. Therefore, a sustainable price upswing is not in sight, concludes Bernreuter: "At least over the next three years, spot prices of 25 or even 30 $/kg, which some industry players dream of, will remain a Fata Morgana."
More details on the polysilicon, solar and semiconductor markets are provided in The 2014 Who's Who of Solar Silicon Production. The 124-page report contains forecasts on supply, demand, prices and manufacturing costs of polysilicon through 2017 as well as the latest company and technology developments. For more information on the report, please go to:
About Bernreuter Research
Bernreuter Research was founded in 2008 by Johannes Bernreuter, one of the most reputable photovoltaic journalists in Germany, to publish global polysilicon market reports. As early as 2001, Bernreuter authored his first analysis of an upcoming polysilicon bottleneck and new production processes. Since the premiere edition in 2010, the Who's Who of Solar Silicon Production series has gained a reputation of providing the most comprehensive and accurate polysilicon reports on the market.
Bernreuter Research – Polysilicon Market Reports
Huttenstr. 10, 97072 Würzburg, Germany
Your Contact Partner:
Johannes Bernreuter, Company Head
Telephone: +49/931/784 77 81
This release was published on openPR.
Permanent link to this press release:
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 on a Roller-Coaster Ride here
News-ID: 279499 • Views: 4296
More Releases from Bernreuter Research
New PV Installations Approaching 100 GW in 2017
Bernreuter Research: Polysilicon supply is sufficient for this milestone Würzburg (Germany), October 24, 2017 – The newly installed photovoltaic (PV) capacity worldwide will exceed 95 gigawatts (GW) in 2017, according to the latest forecast of Bernreuter Research. "Supply of the feedstock polysilicon would even allow PV installations to reach 100 GW if inventories were strongly reduced," says Johannes Bernreuter, head of the market research firm and author of the Polysilicon Market
Silicon Consumption to Drop to 3.6 Grams per Watt by 2020
Bernreuter Research: Solar industry will reduce wafer kerf loss considerably Würzburg (Germany), June 20, 2017 – The average silicon consumption for manufacturing multi- and monocrystalline solar cells will drop from 4.8 grams per watt (g/W) in 2016 by 25% to 3.6 g/W in 2020. This is the result of a new scenario developed by the polysilicon market research firm Bernreuter Research. "Besides the increasing market share of monocrystalline cells with their
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
Ramp-up Delays to Stabilize Polysilicon Price
Bernreuter Research predicts short-term increase followed by downtrend Würzburg (Germany), July 10, 2014 – Rising demand in China and the delayed ramp-up of new production capacities will drive up the polysilicon price in the third quarter, according to the latest analysis made by polysilicon market research firm Bernreuter Research."We expect the spot price to climb up to US$23/kg from the current $21/kg before it will drop to a range of $18
More Releases for Solar
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market 2018-2025 : Canadian Solar, First Solar, Jinko Solar, Sha …
Researchmoz added Most up-to-date research on "2018-2025 Solar PV Module Report on Global and United States Market,Status and Forecast,by Players,Types and Applications" to its huge collection of research reports. Summary This report studies the Solar PV Module market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Solar
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary WiseGuyReports.com adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Solar Cell (Photovoltaic) Equipment Market 2017 : Trina Solar, Canadian S …
Market Research Explore : The report 2017 Global Solar Cell (Photovoltaic) Equipment Market mainly highlights thoughtful facts and intelligence of Solar Cell (Photovoltaic) Equipment market in conjunction with prevailing and future market trends throughout the forecast period from 2017 to 2022. It additionally executes the great study of price, current geographical zones, technology, demand-supply and therefore the consequences it might wear the market growth of Solar Cell (Photovoltaic) Equipment trade. Do
Solar Panel Market 2017 - Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyo …
The Global Solar Panel Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Solar Panel industry. First, "Global Solar Panel Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Solar Panel industry chain structure. Major Companies Covered in this report:- Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL
Global Solar Cells and Modules Market 2016 - Hanwha, First Solar, SunPower, Elke …
This report mainly covers the following Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India Request for sample report at http://www.fiormarkets.com/report-detail/2073/request-sample The players list (Partly, Players you are interested in can also be added) Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL System Integration Yingli Shunfeng ReneSola Risen Chint Group Hareonsolar Eging PV CSUN BYD HT-SAAE With 24 top producers. Data including (both global and regions): Market Size (both volume - K Units and value - million USD), Market Share, Production