Market Overview:
The global polysilicon 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 power across the globe. Polysilicon is used in solar cells for converting sunlight into electrical energy. It is also used in making photovoltaic modules, which are installed on rooftops or open fields to generate electricity. Some of the major applications of polysilicon include solar power stations, civilian solar small equipment, and other applications such as semiconductor and lighting products. Regionally, North America dominates the global polysilicon market followed by Europe and Asia Pacific. The growth in these regions can be attributed to factors such as increasing demand for renewable energy sources and government initiatives towards promoting use of clean energy technologies.
Product Definition:
Polysilicon is a synthetic chemical compound made of silicon and oxygen atoms. It is used to make semiconductor devices, such as computer chips.
Series Connection:
Series connection is a process in which two or more electrical conductors are connected to make one continuous path. It can be done by using various materials such as copper, aluminum, and silver. Series connection helps in increasing the overall efficiency of an electric circuit by decreasing resistance between circuits and minimizing voltage drops across components.
The series-connection growth factor is high compared to parallel connection since it reduces the number of resistors used along with reducing current consumption.
Parallel Connection:
Parallel connection is a type of electrical wiring configuration in which the electric current from one or more sources flows in the same wire conductor. The parallel circuit has two or more paths for electricity to flow through it at the same time. In most cases, there are no restrictions on how many wires may be connected to each other and they may be connected to multiple devices such as resistors, capacitors, inductors etc.
Application Insights:
The solar power station application segment accounted for the largest revenue share of over 60% in 2017. The rising demand for photovoltaic cells and modules is expected to drive the industry growth over the forecast period. Increasing government support towards renewable energy generation is further anticipated to propel market growth over the coming years.
The other applications include chemical processing, steel manufacturing and others. Other applications accounted for a significant share in 2017 as polysilicon has numerous uses across various industries including chemicals, metallurgy and ceramics which are yet to be discovered on a large scale owing to its scarcity compared with other minerals such as silicon dioxide (SiO2).
Regional Analysis:
Asia Pacific dominated the global polysilicon market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries such as China, Japan, South Korea, and India. In addition, growing investments by companies for developing solar power stations are anticipated to drive the regional market growth over the forecast period.
The Asia Pacific poly-SiC industry association comprises of key participants such as Wacker Chemie AG; Renesas Electronics Corporation; Toshiba Corporation; Infineon Technologies AG; Nidec Corporation.; Mitsubishi Chemical Holdings Co., Ltd.; Sumitomo Electric Industries Co., Ltd.; Furukawa Electric Co., Ltd.; Panasonic Electronic Devices & Components Incorporated (Pandelex) PVT Limited; Samsung Electro-Mechanics Incorporated (Seiko Epson Corp.
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 polysilicon market as polysilicon is a key component in solar panels.
- Government support for renewable energy: Governments around the world are supporting the growth of renewable energy sources, such as solar, through policies and incentives that promote their use. This is helping to drive demand for polysilicon and other components used in solar panels.
- Declining costs of solar power: The cost of installing and operating a photovoltaic (PV) system has been declining steadily in recent years, making it more affordable for consumers and businesses to switch to solar power. This is benefiting the polysilicon market as PV systems require large quantities of silicon wafers made from high-quality polysilicon material.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polysilicon Market Research Report
By Type
Series Connection, Parallel Connection
By Application
Solar Power Station, Civilian Solar Small Equipment, Other
By Companies
GCL, LDK, Jinglong, Suntech, Renesola, JA Solar, Yingli Solar, Sino-Si, Daqo New Eenergy, Trina Solar
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Polysilicon Market Report Segments:
The global Polysilicon market is segmented on the basis of:
Types
Series Connection, Parallel Connection
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 Power Station, Civilian Solar Small Equipment, 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
- LDK
- Jinglong
- Suntech
- Renesola
- JA Solar
- Yingli Solar
- Sino-Si
- Daqo New Eenergy
- Trina Solar
Highlights of The Polysilicon 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:
- Series Connection
- Parallel Connection
- By Application:
- Solar Power Station
- Civilian Solar Small Equipment
- 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 Polysilicon 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?
Polysilicon is a material made from the elements silicon and carbon. It is often used in semiconductor devices because of its high electrical conductivity.
Some of the major players in the polysilicon market are GCL, LDK, Jinglong, Suntech, Renesola, JA Solar, Yingli Solar, Sino-Si, Daqo New Eenergy, Trina Solar.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polysilicon 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. Polysilicon Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polysilicon Market - Supply Chain
4.5. Global Polysilicon Market Forecast
4.5.1. Polysilicon Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polysilicon Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polysilicon Market Absolute $ Opportunity
5. Global Polysilicon 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. Polysilicon Market Size and Volume Forecast by Type
5.3.1. Series Connection
5.3.2. Parallel Connection
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polysilicon 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. Polysilicon Market Size and Volume Forecast by Application
6.3.1. Solar Power Station
6.3.2. Civilian Solar Small Equipment
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polysilicon 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. Polysilicon 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 Polysilicon 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. Polysilicon 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 Polysilicon Demand Share Forecast, 2019-2026
9. North America Polysilicon 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 Polysilicon 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 Polysilicon Market Size and Volume Forecast by Application
9.4.1. Solar Power Station
9.4.2. Civilian Solar Small Equipment
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polysilicon Market Size and Volume Forecast by Type
9.7.1. Series Connection
9.7.2. Parallel Connection
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 Polysilicon Demand Share Forecast, 2019-2026
10. Latin America Polysilicon 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 Polysilicon 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 Polysilicon Market Size and Volume Forecast by Application
10.4.1. Solar Power Station
10.4.2. Civilian Solar Small Equipment
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polysilicon Market Size and Volume Forecast by Type
10.7.1. Series Connection
10.7.2. Parallel Connection
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 Polysilicon Demand Share Forecast, 2019-2026
11. Europe Polysilicon 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 Polysilicon 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 Polysilicon Market Size and Volume Forecast by Application
11.4.1. Solar Power Station
11.4.2. Civilian Solar Small Equipment
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polysilicon Market Size and Volume Forecast by Type
11.7.1. Series Connection
11.7.2. Parallel Connection
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growt 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 Polysilicon Demand Share, 2019-2026
12. Asia Pacific Polysilicon 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 Polysilicon 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 Polysilicon Market Size and Volume Forecast by Application
12.4.1. Solar Power Station
12.4.2. Civilian Solar Small Equipment
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polysilicon Market Size and Volume Forecast by Type
12.7.1. Series Connection
12.7.2. Parallel Connection
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 Polysilicon Demand Share, 2019-2026
13. Middle East & Africa Polysilicon 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 Polysilicon 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 Polysilicon Market Size and Volume Forecast by Application
13.4.1. Solar Power Station
13.4.2. Civilian Solar Small Equipment
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polysilicon Market Size and Volume Forecast by Type
13.7.1. Series Connection
13.7.2. Parallel Connection
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 Polysilicon Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polysilicon Market: Market Share Analysis
14.2. Polysilicon Distributors and Customers
14.3. Polysilicon Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GCL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LDK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jinglong
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Suntech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Renesola
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JA Solar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yingli Solar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sino-Si
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Daqo New Eenergy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Trina Solar
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
