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Global Silicon Metal Market 2017-2021

Global Silicon Metal Market 2017-2021

About Silicon Metal

Silicon, in terms of mass, is the eighth most common element in the universe, and is the second most abundant element in the earth's crust. It occurs naturally in silicate minerals, including silica, feldspar, and mica, which are major components of common rocks such as quartz and sandstone. Silicon metal is a lustrous, grey colored semi-conductive metal that is used in the production of steel, solar cells, and microchips. Metallurgical grade silicon is used in steelmaking and as an alloying agent in aluminum casting.

Technavio’s analysts forecast the global silicon metal market to grow at a CAGR of 5.20% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global silicon metal 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:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Silicon Metal 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
  • Ferroglobe
  • MINASLIGAS
  • Wacker Chemie
  • Zhejiang kaihua Yuantong Silicon Industry
Other prominent vendors
  • BlueStar Silicon Materials
  • RW silicium
  • Simcoa Operations
  • Westbrook Resources
Market driver
  • Increase in the demand for aluminum-silicon alloys
  • For a full, detailed list, view our report
Market challenge
  • High production cost of silicon metal
  • For a full, detailed list, view our report
Market trend
  • Investment opportunities in APAC
  • 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 Silicon Metal Market 2017-2021

Technavio recognizes the following companies as the key players in the global silicon metal market: Ferroglobe, MINASLIGAS, Wacker Chemie, and Zhejiang kaihua Yuantong Silicon Industry.

Other Prominent Vendors in the market are: BlueStar Silicon Materials, RW silicium, Simcoa Operations, and Westbrook Resources.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is investment opportunities in APAC. Investors are displaying increasing anticipation about the growth prospects in the solar power industry in APAC, which had been a backwater of renewable energy in the recent past. The region is expected to benefit from the rapidly declining price of solar panels. The strong economic growth and undeveloped infrastructure in more remote areas of APAC, abundant sunshine, relatively high cost of electricity, lack of conventional sources, and backing for more renewable energy from governments are the major beneficial factors.”

According to the report, one driver in the market is increase in the demand for aluminum-silicon alloys. Aluminum-silicon alloys have witnessed a significant increase in the demand from the automotive and transport industries. These alloys are popular because of their ability to exhibit a unique combination of desirable characteristics, such as casting into complex shapes in combination with a favorable strength-to-weight ratio giving them an edge over cast irons and low density combined with good mechanical properties. Aluminum-silicon alloys are primarily used as castings. In addition, they are used for making sheets and wires for welding and brazing, and a few of the piston alloys are extruded for forging stock.

Further, the report states that one challenge in the market is high production cost of silicon metal. The basic raw materials used for the production of silicon metal, quartz and carbons, are similar to those used for the production of ferrosilicon. However, a high level of purity is required in order to meet the requirements for the production of the silicon. Certain impurities, such as iron, are difficult to eliminate once they enter the furnace, and create a noticeable effect on the production of silicon metal. The quality of quartz is considered to be good if the iron content is significantly lower than that of quartz used in ferrosilicon. Along with the importance of its chemical purity, other physical parameters affect the functioning and efficiency of the furnaces, extensively.

Companies Mentioned

BlueStar Silicon Materials, RW silicium, Simcoa Operations, Westbrook Resources

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Production process of silicon metal
  • Market landscape
    • Market overview
      • Table Global silicon metal market
    • Market size and forecast
      • Table Global silicon metal market ($ millions)
      • Table Global - Year over year growth 2017-2021 (%)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global silicon metal market by application
      • Table Global silicon metal market by application 2016 (% share of revenue)
      • Table Global silicon metal market by application 2021 (% share of revenue)
      • Table Application-wise market forecast (% share)
    • Global silicon metal market for aluminum alloys
      • Table Market forecast: Global silicon metal market for aluminum alloys 2016-2021 ($ millions)
    • Global silicon metal market for silicones and silanes
      • Table Market forecast: Global silicon metal market for silicones and silanes 2016-2021 ($ millions)
    • Global silicon metal market for solar panels
      • Table Market forecast: Global silicon metal market for solar panels 2016 2021 ($ millions)
    • Global silicon metal market for semiconductors
      • Table Market forecast: Global silicon metal market for semiconductors 2016-2021 ($ millions)
    • Global silicon metal market for other applications
      • Table Market forecast: Global silicon metal market for other applications 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Global silicon metal market by geography 2016-2021 - Market size and forecast
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast
      • Table Americas - Market size and forecast ($ millions)
      • Table Americas - Year-over-year (YOY) growth (%)
    • APAC - Market size and forecast
      • Table APAC - Market size and forecast ($ millions)
      • Table APAC - Year-over-year (YOY) growth (%)
    • EMEA - Market size and forecast
      • Table EMEA - Market size and forecast ($ millions)
      • Table EMEA - Year-over-year (YOY) growth (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Requirements for carbon electrodes
  • Market trends
    • Investment opportunities in APAC
    • M&As
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global silicon metal market: Major vendors
    • Other prominent vendors
  • Key vendor analysis
    • Ferroglobe
      • Table Ferroglobe: Business segmentation by revenue 2016 (% share)
    • MINASLIGAS
      • Table MINASLIGAS: Product-based segmentation
    • Wacker Chemie
      • Table Wacker Chemie: Business segmentation by revenue 2016 (% share)
      • Table Wacker Chemie: Geographical segmentation by revenue 2016 (% share)
    • Zhejiang Kaihua Yuantong Silicon Industry
      • Table Zhejiang Kaihua Yuantong Silicon Industry: Product-based segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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