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Global Polysilicon Market 2017-2021

Global Polysilicon Market 2017-2021

About Polysilicon

Polysilicon is high purity polycrystalline form of silicon derived from quartzite, a form of quartz sandstone rock. Owing to its semiconductor properties, polysilicon is used in various applications such as solar photovoltaics and electronics. The three grades of polysilicon are high-purity, secondary-grade, and recycled grade. Though manufacturers prefer various production technologies, the two key production techniques are fluidized bed reactor (FBR) and the Siemens process. The production technique depends on the end-user application and production capacity.

Technavio’s analysts forecast the global polysilicon market to grow at a CAGR of 13.11% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global polysilicon market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Polysilicon Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DAQO NEW ENERGY
  • GCL-Poly Energy Holdings
  • REC Silicon
  • Tokuyama Corporation
  • Wacker Chemie
Other prominent vendors
  • Hemlock Semiconductor Operations and Hemlock Semiconductor
  • HANKOOK SILICON
  • Hanwha Chemical
  • Lanco Solar
  • Mitsubishi Polycrystalline Silicon America
  • TBEA
  • OSAKA Titanium Technologies
  • Qatar Solar Technologies
  • Targray
  • WOONGJIN POLYSILICON
Market driver
  • Increasing demand for consumer electronics driving the demand for polysilicon
  • For a full, detailed list, view our report
Market challenge
  • Antidumping regulations on polysilicon
  • For a full, detailed list, view our report
Market trend
  • Green bonds fueling demand for polysilicon
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Polysilicon Market 2017-2021

Technavio recognizes the following companies as the key players in the global polysilicon market: DAQO NEW ENERGY, GCL-Poly Energy Holdings, REC Silicon, Tokuyama Corporation, and Wacker Chemie.

Other Prominent Vendors in the market are: Hemlock Semiconductor Operations and Hemlock Semiconductor, HANKOOK SILICON, Hanwha Chemical, Lanco Solar, Mitsubishi Polycrystalline Silicon America, TBEA, OSAKA Titanium Technologies, Qatar Solar Technologies, Targray, and WOONGJIN POLYSILICON.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is green bonds fueling demand for polysilicon. Green bonds, also known as climate bonds, refer to bonds with proceeds reserved for green investments. For instance, the Korea Development Bank issued a green corporate bond for renewable energy projects worth $300 million in July 2017. The National Bank of Australia issued green bonds for 17 wind and solar farms.”

According to the report, one driver in the market is increasing demand for consumer electronics driving the demand for polysilicon. Polysilicon is commercially used in the manufacturing of consumer electronics such as cellular phones, LED, displays and projectors, wearable electronic devices, and gaskets and lighting devices. The global consumer electronics market is driven by factors such as growing urban population, rising disposable income, strong supply chain, and high Internet penetration. Growth in the consumer electronics market has increased the demand for polysilicon.

Further, the report states that one challenge in the market is antidumping regulations on polysilicon. China, Japan, South Korea are the major producers of polysilicon. The increasing consumption of electronic items has led to the creation of a large industry base for electronics. High-tech gadgets require high processing power that requires re-designing of semiconductor parts in devices. The existing manufacturing infrastructure must be upgraded, and new manufacturing facilities are required in the market in APAC.

Companies Mentioned

DAQO NEW ENERGY, GCL-Poly Energy Holdings, REC Silicon, Tokuyama Corporation, Wacker Chemie, Hemlock Semiconductor Operations and Hemlock Semiconductor, HANKOOK SILICON, Hanwha Chemical, Lanco Solar, Mitsubishi Polycrystalline Silicon America, TBEA, OSAKA Titanium Technologies, Qatar Solar Technologies, Targray, and WOONGJIN POLYSILICON.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Manufacturing process of polysilicon
  • Market landscape
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market size and forecast
      • Table Global polysilicon market 2016-2021 ($ millions)
      • Table Global polysilicon market 2017-2021: Year-over-year growth (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Global polysilicon market by application 2016-2021 (% share of revenue)
    • Comparison by application
      • Table Comparison by application
    • Global polysilicon market for photovoltaics
      • Table Global polysilicon market for photovoltaics 2016-2021 ($ millions)
      • Table Global polysilicon market for photovoltaics 2017-2021: Year-over-year growth (%)
    • Global polysilicon market for electronics
      • Table Global polysilicon market for electronics 2016-2021 ($ millions)
      • Table Global polysilicon market for electronics 2017-2021: Year-over-year growth (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Regional landscape
    • Geographical segmentation
      • Table Global polysilicon market by region 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Regional comparison
    • APAC – market size & forecast
      • Table APAC – market size & forecast 2016-2021 ($ millions)
      • Table APAC– Year-over-year growth 2017-2021 (%)
    • North America – market size & forecast
      • Table North America– market size & forecast 2016-2021 ($ millions)
      • Table North America – Year-over-year growth 2017-2021 (%)
    • Europe – market size & forecast
      • Table Europe – market size & forecast 2016-2021 ($ millions)
      • Table Europe – Year-over-year growth 2017-2021 (%)
    • ROW – market size & forecast 2016-2021
      • Table ROW – market size & forecast 2016-2021 ($ millions)
      • Table ROW – Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in global polysilicon market
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • DAQO NEW ENERGY
      • Table DAQO NEW ENERGY: Business segmentation by revenue 2016 (% share)
    • GCL-Poly Energy Holdings
      • Table GCL-Poly Energy Holdings: Business segmentation by revenue 2016 (% share)
      • Table GCL-Poly Energy Holdings: Geographic segmentation by revenue 2016 (% share)
      • Table GCL-Poly Energy Holdings: Polysilicon products
    • REC Silicon
      • Table REC Silicon: Business segmentation by revenue 2016 (% share)
      • Table REC Silicon: Geographic segmentation by revenue 2016 (% share)
    • Tokuyama Corporation
      • Table Tokuyama Corporation: Business segmentation by revenue 2016 (% share)
      • Table Tokuyama Corporation: Geographical segmentation by revenue 2016 (% share)
    • Wacker Chemie
      • Table Wacker Chemie: Business segmentation by sales 2016 (% share)
      • Table Wacker Chemie: Geographic segmentation by sales 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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