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Polysilicon Market by End-use industry (Solar PV (Monocrystalline Solar Panel and Multicrystalline Solar Panel) and Electronics), and Region (Asia-Pacific, North America, Europe and Middle East & South America) - Global Forecast to 2021

Polysilicon Market by End-use industry (Solar PV (Monocrystalline Solar Panel and Multicrystalline Solar Panel) and Electronics), and Region (Asia-Pacific, North America, Europe and Middle East & South America) - Global Forecast to 2021

“Rapid growth in solar PV and electronics industries drives the polysilicon market”
The global polysilicon market is estimated to reach USD 8.90 billion by 2021 at a CAGR of 13.00%. Increasing consumer awareness coupled with government initiatives for sustainable energy is fueling the growth of solar PV installation across the world. China, Japan and U.S. collectively accounted for two thirds of the global solar PV market. Polysilicon is the building block for more than 90% of the photovoltaic solar panels globally, and therefore the growth of the solar PV industry is subsequently driving the demand for polysilicon. Moreover, polysilicon also used as a key raw material to manufacture electronic chips. Hence, the increasing demand for semiconductors in data processing and communication devices, such as tablets and smartphones is driving the demand for polysilicon. However, the requirement of high capital expenditure for the establishment polysilicon production plants, creates high entry barriers for the smaller players, which in turn discourages market growth. Moreover, declining prices and anti-dumping policies in China are the major challenges for polysilicon manufacturers.

“Solar PV industry: The fastest growing segment in the polysilicon market”
The solar PV industry is the fastest growing end-use industry in the global polysilicon market. Increasing consumer awareness towards sustainability coupled with government incentive programs, fuels the demand for solar PV, globally. Moreover, the solar PV market demand is strengthened due to the policy of implementation of reduction in carbon dioxide emissions by the governments of U.S., China and Japan. Polysilicon is the initial building block to manufacture solar wafers, and, the growth of crystalline solar PV installations across the world, drives the consumption of silicon wafers, which in turn drives the demand for polysilicon, globally.

“Rising demand for solar PV installation in the emerging markets of the Asia-Pacific region is one of the major drivers of the polysilicon market”
In 2015, the Asia-Pacific region accounted for the largest market share, and is estimated to remain the market leader during the forecast period, 2016 to 2021. High growth in both, the solar PV and electronics wafer manufacturing industries in China, Japan, India, and South Korea, is increasing the demand for polysilicon in both, the solar PV and semiconductor industries.

In the process to determine and verify the market size for several segments and subsegments that was gathered through secondary research, extensive primary interviews were conducted.
The breakdown of primary interviews is given below.

By Company Type - Tier 1 - 20%, Tier 2 – 32%, and Others - 48%
By Designation - C level - 18%, Director level - 27%, and Others - 55%
By Region – Asia-Pacific - 39%, North America-30%, Europe - 20%, Middle East, Africa & South America - 11%

The key companies profiled in this market research report are GCL-Poly Energy Holdings Limited (Hong Kong), Wacker Chemie AG (Germany), OCI Company Ltd. (Korea), REC Silicon ASA (Norway), Daqo New Energy Corp. (China) Tokuyama Corporation (Japan), Hemlock Semiconductor Corp. (U.S.), SunEdison, Inc. (U.S.), Woongjin polysilicon Co. Ltd. (Korea) and Activ Solar Gmbh (Austria).

Research Coverage
The report provides detailed description of the application of polysilicon in different end-use industries, such as solar PV and electronics across the world. The solar PV industry is further segmented into monocrystalline and multicrystaline solar panels. The competitive environment prevailing in the industry is analyzed through Porter’s Five Forces analytical framework. Porter’s Five Forces Analysis provides an in-depth understanding of the market attractiveness and the impact of various forces on the global polysilicon market. Moreover, the report includes an in-depth analysis of the competitive landscape, value chain, cost structure and production of polysilicon. The key factors, such as drivers, restraints, opportunities and challenges have been identified and their impact on the global polysilicon market is analyzed in the study.

Reasons to buy the report
The report will help leaders/new entrants in the market in the following ways:
1. The report segments the polysilicon market comprehensively and provides the closest approximations of the revenue for the overall market and the subsegments across different verticals and regions.
2. The report helps stakeholders to understand the pulse of the market and provides information on key market drivers, restraints, opportunities and challenges.
3. The report helps stakeholders to understand their competitors better and gain additional insights into the business. The competitive landscape section includes agreements, expansions, joint ventures and innovations undertaken by market players.
4. The report comprehensively analyses the production capacity and utilization rate of leading manufacturers, globally.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE POLYSILICON MARKET
    • ASIA-PACIFIC POLYSILICON MARKET, BY END-USE INDUSTRY AND COUNTRY, 2015
    • POLYSILICON MARKET ATTRACTIVENESS
    • POLYSILICON MARKET SHARE, BY END-USE INDUSTRY, 2021
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY FORM
        • Table POLYSILICON MARKET, BY FORM
      • BY END-USE INDUSTRY
        • Table POLYSILICON MARKET, BY END-USE INDUSTRY
      • BY REGION
        • Table POLYSILICON MARKET, BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table ANNUAL AND CUMULATIVE INSTALLED PV POWER, 2015
      • RESTRAINTS
        • Table ENTRY BARRIER ANALYSIS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF SUBSTITUTES
      • THREAT OF NEW ENTRANTS
      • INTENSITY OF COMPETITIVE RIVALRY
    • PRODUCTION ANALYSIS
  • POLYSILICON MARKET, BY FORM
    • INTRODUCTION
    • CHUNKS
    • GRANULES
    • RODS
  • POLYSILICON MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
    • SOLAR PV
      • MONOCRYSTALLINE SOLAR PANELS
      • MULTICRYSTALLINE SOLAR PANELS
        • Table POLYSILICON MARKET SIZE IN SOLAR PV END-USE INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
        • Table POLYSILICON MARKET SIZE IN SOLAR PV END-USE INDUSTRY, BY REGION, 2014-2021 (KILOTON)
    • ELECTRONICS
      • Table POLYSILICON MARKET SIZE IN ELECTRONICS END-USE INDUSTRY, BY REGION, 2014-2021 (USD MILLION)
      • Table POLYSILICON MARKET SIZE IN ELECTRONICS END-USE INDUSTRY, BY REGION, 2014-2021 (KILOTON)
  • POLYSILICON MARKET, BY REGION
    • INTRODUCTION
      • Table POLYSILICON MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table POLYSILICON MARKET SIZE, BY REGION, 2014-2021 (KILOTON)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
      • Table ASIA-PACIFIC: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • CHINA
        • Table CHINA: ECONOMIC OUTLOOK, 2015
        • Table CHINA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table CHINA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • JAPAN
        • Table JAPAN: ECONOMIC OUTLOOK, 2015
        • Table JAPAN: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table JAPAN: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • INDIA
        • Table INDIA: ECONOMIC OUTLOOK, 2015
        • Table INDIA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table INDIA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • SOUTH KOREA
        • Table SOUTH KOREA: ECONOMIC OUTLOOK, 2015
        • Table SOUTH KOREA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table SOUTH KOREA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • AUSTRALIA
        • Table AUSTRALIA: ECONOMIC OUTLOOK, 2015
        • Table AUSTRALIA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
    • NORTH AMERICA
      • Table NORTH AMERICA: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
      • Table NORTH AMERICA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • U.S.
        • Table U.S.: ECONOMIC OUTLOOK., 2015
        • Table U.S.: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table U.S.: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • CANADA
        • Table CANADA: ECONOMIC OUTLOOK, 2015
        • Table CANADA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table CANADA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • MEXICO
        • Table MEXICO: ECONOMIC OUTLOOK, 2015
        • Table MEXICO: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table MEXICO: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
    • EUROPE
      • Table EUROPE: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
      • Table EUROPE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • U.K.
        • Table U.K.: ECONOMIC OUTLOOK, 2015
        • Table U.K.: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table U.K.: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • GERMANY
        • Table GERMANY: ECONOMIC OUTLOOK, 2015
        • Table GERMANY: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table GERMANY: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • FRANCE
        • Table FRANCE: ECONOMIC OUTLOOK, 2015
        • Table FRANCE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table FRANCE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • ITALY
        • Table ITALY: ECONOMIC OUTLOOK, 2015
        • Table ITALY: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table ITALY: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • SPAIN
        • Table SPAIN: ECONOMIC OUTLOOK, 2015
        • Table SPAIN: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table SPAIN: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • REST OF EUROPE
        • Table REST OF EUROPE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table REST OF EUROPE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
    • MIDDLE EAST, AFRICA & SOUTH AMERICA (MEA & SA)
      • Table MEA & SA: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table MEA & SA: POLYSILICON MARKET SIZE, BY COUNTRY, 2014-2021 (KILOTON)
      • Table MEA & SA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
      • Table MEA & SA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • CHILE
        • Table CHILE: ECONOMIC OUTLOOK, 2015
        • Table CHILE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table CHILE: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: ECONOMIC OUTLOOK, 2015
        • Table SOUTH AFRICA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
      • REST OF MEA & SA
        • Table REST OF MEA & SA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (USD MILLION)
        • Table REST OF MEA & SA: POLYSILICON MARKET SIZE, BY END-USE INDUSTRY, 2014-2021 (KILOTON)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • POLYSILICON MARKET SHARE ANALYSIS
    • END-USE INDUSTRY: MAPPING OF KEY PLAYERS
    • COMPETITIVE SITUATION AND TRENDS
    • COMPETITIVE BENCHMARKING OF DEVELOPMENT STRATEGIES
      • AGREEMENTS
        • Table AGREEMENTS. 2012-2016
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2016
      • JOINT VENTURES
        • Table JOINT VENTURES, 2012-2016
      • NEW TEHNOLOGY DEVELOPMENTS
        • Table NEW TECHNOLOGY DEVELOPMENTS, 2012-2016
  • COMPANY PROFILES
    • GCL-POLY ENERGY HOLDINGS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • WACKER CHEMIE AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • OCI COMPANY LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • REC SILICON ASA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TOKUYAMA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DAQO NEW ENERGY CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HEMLOCK SEMICONDUCTOR CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SUNEDISON, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • WOONGJIN POLYSILICON CO. LTD.
      • BUSINESS OVERVIEW
    • ACTIVE SOLAR ENERGIETECHNIK GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • OTHER KEY PLAYERS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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