Market Overview:
The global multi crystal silicon market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solar batteries, integrated circuits, semiconductor devices and other applications. Multi crystal silicon is a type of polycrystalline silicon that has a purity level close to 100%. It is used in various applications such as solar batteries, integrated circuits, semiconductor devices and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for multi crystal silicon from countries such as China and Japan.
Product Definition:
A silicon crystal that is composed of more than one crystalline form. The different forms have different electrical properties and are used to create integrated circuits with multiple functions.
Purity Close to 100%:
Purity close to 100%, it's usage.
Multi-crystal silicon is a type of high purity silicon used as an abrasive for polishing diamonds. It has applications in cutting, drilling, grinding, and surface finishing of hard materials such as glass, ceramic tiles, plastics & metals.
Purity Below 99.99%:
Multi-crystal silicon is a type of high purity material that consists of many small crystals grown together. It has applications in semiconductors, optoelectronics, and photovoltaic industry. Purity below 99% is referred to as single-crystal or low-purity material. Multi crystal silicon can be used for making solar cells with higher efficiency than monocrystalline and polycrystalline Silicon PV cells combined.
Application Insights:
The market is segmented by application into solar battery, integrated circuit, semiconductor device, and other applications. The other applications include consumer electronics and medical devices. The solar battery application segment accounted for the largest share in 2017 owing to the rising demand for multi crystal silicon in photovoltaic modules used in residential and commercial roofs tops across the globe. Increasing electricity bills due to growing population coupled with government initiatives such as net metering policies are expected to drive product demand over the forecast period.
The integrated circuit application segment is projected to witness significant growth over the forecast period on account of increasing use of multi crystal silicon material in microprocessors, graphics processors, mobile DRAMs (dynamic random access memory), flash memory devices among others which results into higher product output per unit area as compared to semiconductor device or solar battery applications.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers such as Wuxi Silicon Materials Co., Ltd.; Quanzhou Jin-Zhang Electron Devices Co., Ltd.; and SEGWAY INC. has contributed to this growth. In addition, rising demand for multi-crystal silicon solar batteries in China owing to increasing sales of smartphones & laptops is anticipated to drive regional growth over the forecast period.
Europe was estimated at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 till 2030 due primarily high purity product demand from Germany, France, U.K.
Growth Factors:
- Increasing demand for semiconductors in various applications such as automotive, consumer electronics, and telecommunications is expected to drive the growth of the multi crystal silicon market.
- Growing demand for energy-efficient and high-performance electronic devices is also anticipated to fuel the growth of this market in the near future.
- Proliferation of new applications such as wearable electronics is also projected to create opportunities for players operating in this market during the forecast period.
- Rising number of research and development activities aimed at developing advanced multi crystal silicon products is also expected to propel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi Crystal Silicon Market Research Report
By Type
Purity Close to 100%, Purity Below 99.99%
By Application
Solar Battery, Integrated Circuit, Semiconductor Device, Other
By Companies
GCL-Poly, Wacker Chemie, OCI, Hemlock Semiconductor, REC, LDK Solar, Tokuyama Corporation, Hankook Silicon, SunEdison, Mitsubishi Polysilicon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Multi Crystal Silicon Market Report Segments:
The global Multi Crystal Silicon market is segmented on the basis of:
Types
Purity Close to 100%, Purity Below 99.99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solar Battery, Integrated Circuit, Semiconductor Device, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GCL-Poly
- Wacker Chemie
- OCI
- Hemlock Semiconductor
- REC
- LDK Solar
- Tokuyama Corporation
- Hankook Silicon
- SunEdison
- Mitsubishi Polysilicon
Highlights of The Multi Crystal Silicon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity Close to 100%
- Purity Below 99.99%
- By Application:
- Solar Battery
- Integrated Circuit
- Semiconductor Device
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Multi Crystal Silicon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Multi Crystal Silicon is a type of silicon that has been processed to have many small crystals. This process makes the silicon more efficient and reduces its susceptibility to heat and other forms of damage. Multi Crystal Silicon is often used in electronics because it offers better performance than regular silicon.
Some of the major players in the multi crystal silicon market are GCL-Poly, Wacker Chemie, OCI, Hemlock Semiconductor, REC, LDK Solar, Tokuyama Corporation, Hankook Silicon, SunEdison, Mitsubishi Polysilicon.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi Crystal Silicon Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Multi Crystal Silicon Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Multi Crystal Silicon Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Multi Crystal Silicon Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Multi Crystal Silicon Market Size & Forecast, 2020-2028 4.5.1 Multi Crystal Silicon Market Size and Y-o-Y Growth 4.5.2 Multi Crystal Silicon Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Purity Close to 100%
5.2.2 Purity Below 99.99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Solar Battery
6.2.2 Integrated Circuit
6.2.3 Semiconductor Device
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi Crystal Silicon Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multi Crystal Silicon Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Purity Close to 100%
9.6.2 Purity Below 99.99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Solar Battery
9.10.2 Integrated Circuit
9.10.3 Semiconductor Device
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Purity Close to 100%
10.6.2 Purity Below 99.99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Solar Battery
10.10.2 Integrated Circuit
10.10.3 Semiconductor Device
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Purity Close to 100%
11.6.2 Purity Below 99.99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Solar Battery
11.10.2 Integrated Circuit
11.10.3 Semiconductor Device
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Purity Close to 100%
12.6.2 Purity Below 99.99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Solar Battery
12.10.2 Integrated Circuit
12.10.3 Semiconductor Device
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Purity Close to 100%
13.6.2 Purity Below 99.99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Solar Battery
13.10.2 Integrated Circuit
13.10.3 Semiconductor Device
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multi Crystal Silicon Market: Competitive Dashboard
14.2 Global Multi Crystal Silicon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GCL-Poly
14.3.2 Wacker Chemie
14.3.3 OCI
14.3.4 Hemlock Semiconductor
14.3.5 REC
14.3.6 LDK Solar
14.3.7 Tokuyama Corporation
14.3.8 Hankook Silicon
14.3.9 SunEdison
14.3.10 Mitsubishi Polysilicon