Market Overview:
The global poly-Si 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 poly-Si in the electronics industry and solar photovoltaic (PV) applications. Poly-Si is used as a raw material in semiconductor devices and solar cells, respectively. In addition, rising awareness about renewable energy sources is also propelling the growth of the global poly-Si market. Based on type, 4N poly-Si accounted for a major share of the global market in 2017. This can be attributed to its high purity and low cost as compared to other types of polysilicon available in the market. 6N poly-si is expected to grow at a higher CAGR during 2018–2030 owing to its superior quality over 4N and 9N types ofpolysilicon .
Product Definition:
A polysilicon layer is a thin film of silicon that has been deposited on a substrate. Poly-Si is often used in the manufacture of semiconductor devices, such as transistors and integrated circuits. The importance of polysilicon lies in its ability to form extremely thin films with high electronic quality.
4N Poly-Si:
4N poly-Si is a high performance, cost effective and environment friendly material. It has the ability to be processed at low temperatures which reduces its life cycle and also minimizes energy costs during production. 4N poly-Si exhibits properties such as high strength, excellent wear resistance & chemical stability which make it suitable for use in applications including automotive parts, aerospace components & medical devices among others.
6N Poly-Si:
6N poly-Si is a high performance, cost effective and safe material for the manufacturing of automotive parts. It has been used in various applications such as engine components, transmission components and others. The properties of 6N poly-Si include resistance to wear & tear along with high strength which makes it suitable for usage in heavy duty applications.
The global Poly-Si market size was valued at USD 2.5 billion in 2016.
Application Insights:
Electronics industry dominated the global poly-Si market in terms of revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for electronic devices across the globe. Electronics application segment accounted for a share of 33.0% by volume and was followed by solar photovoltaic as a major application segment in 2017.
The electronics industry has been witnessing tremendous growth over the past few years on account of technological advancements coupled with increased consumer spending on advanced products such as smartphones, laptops and tablets among others which are manufactured using silicon wafer as their base material. This trend is expected to continue over the forecast period thereby driving demand globally from 2018 to 2030 further driving Poly-Si consumption globally into near future timeframe at an estimated CAGR of XX% from 2018 to 2030 according SiC sales grow at 10%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, increasing population, and rising per capita income in emerging economies such as China and India. Moreover, growing PV installations are also likely to drive demand for poly-Si across this region over the coming years.
Europe accounted for a significant share of global revenue in 2017 owing to high product penetration across major end-use industries including electronics, automotive & transportation, solar photovoltaic (PV). Rapid technological advancements coupled with increased focus on reducing carbon footprints are expected fuel regional growth during the forecast period. North America emerged as second largest consumer due towards presence of key manufacturers such as Corning Incorporated (TGT), Eastman Chemical Co.
Growth Factors:
- Increasing demand for solar energy: The global demand for solar energy is increasing rapidly due to the growing awareness of the benefits of renewable energy sources and concerns about climate change. This is driving the growth of the poly-silicon market as well, as poly-silicon is a key component in solar panels.
- Rising investment in renewable energy: Governments and private investors are increasingly investing in renewable energy projects, which is driving up demand for poly-silicon and other related products.
- Technological advances: The development of new technologies that can improve the efficiency and performance of solar panels has led to an increase in demand for poly-silicon globally. This trend is likely to continue in future, boosting the growth prospects of this market segment.
- Price declines: Poly-silicon prices have been declining gradually over recent years due to oversupply issues within the industry; however, analysts expect prices to stabilize by 2020 as supply catches up with demand levels (see figure below). This could provide a boost to overall market growth rates during that time period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Poly-Si Market Research Report
By Type
4N Poly-Si, 6N Poly-Si, 9N Poly-Si, 11N Poly-Si
By Application
Electronics Industry, Solar Photovoltaic (PV)
By Companies
Hemlock Semiconductor Group, GCL-Poly Energy Holdings Limited, M.SETEK Co.Ltd., LDK Solar Co. Ltd., Tokuyama Corporation, SunEdison Inc., REC Silicon ASA, Daqo New Energy Corp, Wacker Chemie AG, OCI Company LimitedÂ
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Poly-Si Market Report Segments:
The global Poly-Si market is segmented on the basis of:
Types
4N Poly-Si, 6N Poly-Si, 9N Poly-Si, 11N Poly-Si
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
Electronics Industry, Solar Photovoltaic (PV)
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:
- Hemlock Semiconductor Group
- GCL-Poly Energy Holdings Limited
- M.SETEK Co.Ltd.
- LDK Solar Co. Ltd.
- Tokuyama Corporation
- SunEdison Inc.
- REC Silicon ASA
- Daqo New Energy Corp
- Wacker Chemie AG
- OCI Company LimitedÂ
Highlights of The Poly-Si 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:
- 4N Poly-Si
- 6N Poly-Si
- 9N Poly-Si
- 11N Poly-Si
- By Application:
- Electronics Industry
- Solar Photovoltaic (PV)
- 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 Poly-Si 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?
Poly-Si is a type of plastic that is made from multiple layers of silicon. This type of plastic can be very strong and durable, making it a popular choice for products such as phone cases and laptop sleeves.
Some of the major players in the poly-si market are Hemlock Semiconductor Group, GCL-Poly Energy Holdings Limited, M.SETEK Co.Ltd., LDK Solar Co. Ltd., Tokuyama Corporation, SunEdison Inc., REC Silicon ASA, Daqo New Energy Corp, Wacker Chemie AG, OCI Company Limited‚Â .
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Poly-Si Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Poly-Si Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Poly-Si Market - Supply Chain
4.5. Global Poly-Si Market Forecast
4.5.1. Poly-Si Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Poly-Si Market Size (000 Units) and Y-o-Y Growth
4.5.3. Poly-Si Market Absolute $ Opportunity
5. Global Poly-Si Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Poly-Si Market Size and Volume Forecast by Type
5.3.1. 4N Poly-Si
5.3.2. 6N Poly-Si
5.3.3. 9N Poly-Si
5.3.4. 11N Poly-Si
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Poly-Si Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Poly-Si Market Size and Volume Forecast by Application
6.3.1. Electronics Industry
6.3.2. Solar Photovoltaic (PV)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Poly-Si Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Poly-Si Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Poly-Si Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Poly-Si Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Poly-Si Demand Share Forecast, 2019-2026
9. North America Poly-Si Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Poly-Si Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Poly-Si Market Size and Volume Forecast by Application
9.4.1. Electronics Industry
9.4.2. Solar Photovoltaic (PV)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Poly-Si Market Size and Volume Forecast by Type
9.7.1. 4N Poly-Si
9.7.2. 6N Poly-Si
9.7.3. 9N Poly-Si
9.7.4. 11N Poly-Si
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Poly-Si Demand Share Forecast, 2019-2026
10. Latin America Poly-Si Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Poly-Si Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Poly-Si Market Size and Volume Forecast by Application
10.4.1. Electronics Industry
10.4.2. Solar Photovoltaic (PV)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Poly-Si Market Size and Volume Forecast by Type
10.7.1. 4N Poly-Si
10.7.2. 6N Poly-Si
10.7.3. 9N Poly-Si
10.7.4. 11N Poly-Si
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Poly-Si Demand Share Forecast, 2019-2026
11. Europe Poly-Si Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Poly-Si Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Poly-Si Market Size and Volume Forecast by Application
11.4.1. Electronics Industry
11.4.2. Solar Photovoltaic (PV)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Poly-Si Market Size and Volume Forecast by Type
11.7.1. 4N Poly-Si
11.7.2. 6N Poly-Si
11.7.3. 9N Poly-Si
11.7.4. 11N Poly-Si
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Poly-Si Demand Share, 2019-2026
12. Asia Pacific Poly-Si Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Poly-Si Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Poly-Si Market Size and Volume Forecast by Application
12.4.1. Electronics Industry
12.4.2. Solar Photovoltaic (PV)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Poly-Si Market Size and Volume Forecast by Type
12.7.1. 4N Poly-Si
12.7.2. 6N Poly-Si
12.7.3. 9N Poly-Si
12.7.4. 11N Poly-Si
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Poly-Si Demand Share, 2019-2026
13. Middle East & Africa Poly-Si Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Poly-Si Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Poly-Si Market Size and Volume Forecast by Application
13.4.1. Electronics Industry
13.4.2. Solar Photovoltaic (PV)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Poly-Si Market Size and Volume Forecast by Type
13.7.1. 4N Poly-Si
13.7.2. 6N Poly-Si
13.7.3. 9N Poly-Si
13.7.4. 11N Poly-Si
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Poly-Si Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Poly-Si Market: Market Share Analysis
14.2. Poly-Si Distributors and Customers
14.3. Poly-Si Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hemlock Semiconductor Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GCL-Poly Energy Holdings Limited
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. M.SETEK Co.Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LDK Solar Co. Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tokuyama Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SunEdison Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. REC Silicon ASA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Daqo New Energy Corp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wacker Chemie AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. OCI Company Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook