Polycrystalline Silicon Market Globally Expected to Drive Growth through 2026
Polycrystalline silicon is a high purity form of silicon also referred to as Poly-Si or polysilicon. Polycrystalline silicon is used as raw material for solar photovoltaic and electronics industry. For solar photovoltaic and semiconductor manufacturing, polysilicon of purity 9N (99.9999999%) and 11N (99.999999999%) respectively are required. The polycrystalline silicon is manufactured by any of the three process namely Czochralski process/ Siemens process, Float Zone Method and Bridgman–Stockbarger technique. The process starts with quartz and carbon heated in an arc furnace producing metallurgical grade silicon which is then processed further producing semiconductor grade and solar PV grade polycrystalline silicon.
Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2267
It has been observed that the market is oversupplied by the top players of the polycrystalline silicon manufacturers such as Mitsubishi Polycrystalline Silicon America Corporation, Mitsubishi Polycrystalline Silicon America Corp., GCL-Poly Energy Holdings Limited etc. which has led to the sharp spot price drop of polycrystalline silicon. The global polycrystalline silicon market is expected to grow significantly at a high CAGR during the forecast period.
Global Polycrystalline Silicon Market: Drivers and Restraints:
Polycrystalline silicon is an important raw material for both solar PV and semiconductor industries. Also, no other substitutes can accomplish the properties benefits and high purity needs as polycrystalline silicon. Thus, demand for polycrystalline silicon will be there with fluctuations in the price rate depending on the supply and demand cycle. The microelectronic and solar PV are the two main end-use sectors driving the global polycrystalline silicon market. The increasing demand for solar panels since they are the cheap source of green electricity propels the global polycrystalline silicon market.
Also, government policies for reduction on carbon footprints and adoption of solar panels aid in the increasing consumption of polycrystalline silicon.
Global Polycrystalline Silicon Market: Region Wise Outlook
The global polycrystalline silicon market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). In terms of production and consumption, Asia Pacific holds a majority of the share in the global polycrystalline silicon market. China is prominent in manufacturing solar modules which consume around more than 50% of polycrystalline silicon.
Request Report TOC (Table of Contents) @ https://www.futuremarketinsights.com/toc/rep-gb-2267
Also, higher import duties on North American manufacturers of polycrystalline silicon has led to benefit Asia Pacific manufacturers especially South Korea and China. The polycrystalline silicon market in Western Europe is expected to expand relatively at a slower pace due to the economic conditions. Latin America followed by MEA are expected to share gain relative high market share during the forecast period.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Polycrystalline Silicon Market Globally Expected to Drive Growth through 2026 here
News-ID: 853257 • Views: 186
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
More Releases for Polycrystalline
Polycrystalline Wafer Market Size, Share, Development by 2024
New report published by Global Info Research which offers insights on the Global Polycrystalline Wafer market. The laminate surface accurately mimics the surface texture of other materials, such as granite, slate and wood, and is realistic. Laminates are very easy to maintain and are the most mainstream kitchen countertops in the European market. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-polycrystalline-wafer-market_p105684.html Global Polycrystalline Wafer Market: Forecast by Type / Application
Comprehensive Analytics of Global Polycrystalline Transparent Ceramics Market 20 …
ResearchMoz presents Professional and In-depth Study of "Global Polycrystalline Transparent Ceramics Market Insights, Forecast to 2025" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect. ' ' This report researches the worldwide Polycrystalline Transparent Ceramics market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Polycrystalline Transparent
Transparent Polycrystalline Ceramic Market – Global Strategic Business Report …
Qyresearchreports include new market research report “Global Transparent Polycrystalline Ceramic Market Professional Survey Report 2017” to its huge collection of research reports. The global Transparent Polycrystalline Ceramic market is closely assessed in the publication using in-depth verifiable projections, historical data, and qualitative insights. With the help of proven assumptions and research methodologies, the analysts have derived the projections featured in the publication. For every aspect of the market, the publication serves
Polycrystalline Glass Market Outlook 2017-2022 Leading Manufacturers: Pilkington …
Polycrystalline Glass Market Research 2017 A market study ” Global Polycrystalline Glass Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Polycrystalline Glass market. It encloses an in-depth Research of the Polycrystalline Glass market state and the competitive landscape globally. This report consist of comprehensive market data, on a granular level, providing a
Polycrystalline Solar Cell Market Production 2017: SOURCETRONIC, Sunowe Photovol …
Polycrystalline Solar Cell Market Research Report 2017-2022 A market study ”Global Polycrystalline Solar Cell Market” examines the performance of the Polycrystalline Solar Cell market 2017. It encloses an in-Spire Research of the Polycrystalline Solar Cell market state and the competitive landscape globally. This report analyzes the potential of Polycrystalline Solar Cell market in the present and the future prospects from various angles in detail. The Global Polycrystalline Solar Cell Market 2017
Research Offers 10-Year Forecast on Polycrystalline Silicon Market
Global Polycrystalline Silicon Market: Overview Polycrystalline silicon is a high purity form of silicon also referred to as Poly-Si or polysilicon. Polycrystalline silicon is used as raw material for solar photovoltaic and electronics industry. For solar photovoltaic and semiconductor manufacturing, polysilicon of purity 9N (99.9999999%) and 11N (99.999999999%) respectively are required. The polycrystalline silicon is manufactured by any of the three process namely Czochralski process/ Siemens process, Float Zone Method and