Polysilicon Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Polysilicon Market – By Form (Chunks, Granules, Rods), By End User (Solar PV, Electronics) and Geography

 

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Report

Description

The Polysilicon Market size is valued at USD 7,823.9 million in 2021 and is expected to grow at a significant CAGR of 5.5% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by form, by end-user. By form, The polysilicon market has been segmented into Chunks, Granules, and Rods. The chunks segment is likely to be the largest and fastest-growing segment in terms of type. Based on end-users the polysilicon market is segmented into Solar PV, Electronics.  Among these, the solar PV segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to Precision Business Insights.

Key Development:

In May 2021, REC Silicon ASA, Norway-based polysilicon and silicon gas supplier stated that it would be restarting its Lake Moses Plant in Washington in the year 2023.

Polysilicon Market

MARKET SUMMARY
-
5.5% CAGR
  • Study Period– 2022– 2028
  • Base Year– 2021
  • CAGR– 5.5%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Polysilicon Market

  • The global polysilicon market report gives a comprehensive outlook on furfural across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
  • The report on the global polysilicon market gives historical, current, and future market sizes (US$ Mn) on the basis of form, end-user, and region.
Key Players
  • LDK Solar Co. Ltd.
  • OCI Company Ltd.
  • REC Silicon ASA
  • SunEdison Inc.
  • Tokuyama Corporation
Polysilicon Market

According to the International Energy Agency (IEA), the global PV sector is projected to grow at a rate of 25% annually. Clean energy policy goals and tax exemption in the solar industry are expected to augment demand over the coming years. Therefore, the growing demand for photovoltaics and semiconductors is anticipated to propel growth over the forecast period


Asia-Pacific Got Significant Share

Polysilicon Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period and the demand is expected to be extremely high from countries such as China and India. This can be attributed to the rapid development of the Chinese solar industry and government backing for the industry.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The polysilicon market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The polysilicon market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The polysilicon market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The polysilicon market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The polysilicon market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
Polysilicon Market


Location

GEOGRAPHY

Frequently Asked Questions

The polysilicon arket is projected to expand at a CAGR of 5.5% during the forecast period.

The major players in the global Polysilicon market are Active Solar Energietechnik GmbH, DAQO New Energy Corporation, GCL Poly Energy Holdings Limited, Hemlock Semiconductor Group (Dow Corning, Corning Inc.), LDK Solar Co. Ltd., OCI Company Ltd., REC Silicon ASA, SunEdison Inc., TBEA Co. Ltd, Tokuyama Corporation, Wacker Chemie AG, Woongjin Polysilicon Co. Ltd.

The Asia-Pacific is the fastest-growing polysilicon market


Report

Table Of Content

1. Executive Summary
2. Global Polysilicon Market Introduction
2.1. Global Polysilicon Market – Taxonomy
2.2. Global Polysilicon Market –Definitions
2.2.1. Form
2.2.2. End User Industry
3. Global Polysilicon Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Polysilicon Market Dynamic Factors – Impact Analysis
3.6. Global Polysilicon Market – Competition Landscape
4. Global Polysilicon Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Polysilicon Market, By Form, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Chunks
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Granules
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Rods
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Polysilicon Market Forecast, By End User Industry, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Solar PV
6.1.1. Monocrystalline Solar Panels
6.1.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.1.3. Market Opportunity Analysis
6.1.2. Multicrystalline Solar Panels
6.1.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.2.3. Market Opportunity Analysis
6.2. Electronics
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Polysilicon Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Polysilicon Market – Opportunity Analysis Index, By Form, End User Industry, and Region, 2022 – 2028
8. North America Polysilicon Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. By Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Chunks
8.1.2. Granules
8.1.3. Rods
8.2. End User Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Solar PV
8.2.1.1. Monocrystalline Solar Panels
8.2.1.2. Multicrystalline Solar Panels
8.2.2. Electronics
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Polysilicon Market – Opportunity Analysis Index, By Form, End User Industry, and Country, 2022 – 2028
8.5. North America Polysilicon Market Dynamics – Trends
9. Europe Polysilicon Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. By Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Chunks
9.1.2. Granules
9.1.3. Rods
9.2. End User Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Solar PV
9.2.1.1. Monocrystalline Solar Panels
9.2.1.2. Multicrystalline Solar Panels
9.2.2. Electronics
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Polysilicon Market – Opportunity Analysis Index, By Form, End User Industry, and Country, 2022 – 2028
9.5. Europe Polysilicon Market Dynamics – Trends
10. Asia-Pacific Polysilicon Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. By Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Chunks
10.1.2. Granules
10.1.3. Rods
10.2. End User Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Solar PV
10.2.1.1. Monocrystalline Solar Panels
10.2.1.2. Multicrystalline Solar Panels
10.2.2. Electronics
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Polysilicon Market – Opportunity Analysis Index, By Form, End User Industry, and Country, 2022 – 2028
10.5. Asia-Pacific Polysilicon Market Dynamics – Trends
11. Latin America Polysilicon Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. By Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Chunks
11.1.2. Granules
11.1.3. Rods
11.2. End User Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Solar PV
11.2.1.1. Monocrystalline Solar Panels
11.2.1.2. Multicrystalline Solar Panels
11.2.2. Electronics
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Polysilicon Market – Opportunity Analysis Index, By Form, End User Industry, and Country, 2022 – 2028
11.5. Latin America Polysilicon Market Dynamics – Trends
12. Middle East and Africa Polysilicon Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. By Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Chunks
12.1.2. Granules
12.1.3. Rods
12.2. End User Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Solar PV
12.2.1.1. Monocrystalline Solar Panels
12.2.1.2. Multicrystalline Solar Panels
12.2.2. Electronics
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Polysilicon Market – Opportunity Analysis Index, By Form, End User Industry, and Country, 2022 – 2028
12.5. MEA Polysilicon Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Active Solar Energietechnik GmbH
13.2.2. DAQO New Energy Corporation
13.2.3. GCL Poly Energy Holdings Limited
13.2.4. Hemlock Semiconductor Group (Dow Corning, Corning Inc.)
13.2.5. LDK Solar Co. Ltd.
13.2.6. OCI Company Ltd.
13.2.7. REC Silicon ASA
13.2.8. SunEdison Inc.
13.2.9. TBEA Co. Ltd
13.2.10. Tokuyama Corporation
13.2.11. Wacker Chemie AG
13.2.12. Woongjin Polysilicon Co. Ltd.
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Active Solar Energietechnik GmbH
  • DAQO New Energy Corporation
  • GCL Poly Energy Holdings Limited
  • Hemlock Semiconductor Group (Dow Corning, Corning Inc.)
  • LDK Solar Co. Ltd.
  • OCI Company Ltd.
  • REC Silicon ASA
  • SunEdison Inc.
  • TBEA Co. Ltd
  • Tokuyama Corporation
  • Wacker Chemie AG
  • Woongjin Polysilicon Co. Ltd.

Description

The Polysilicon Market size is valued at USD 7,823.9 million in 2021 and is expected to grow at a significant CAGR of 5.5% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by form, by end-user. By form, The polysilicon market has been segmented into Chunks, Granules, and Rods. The chunks segment is likely to be the largest and fastest-growing segment in terms of type. Based on end-users the polysilicon market is segmented into Solar PV, Electronics.  Among these, the solar PV segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to Precision Business Insights.

Key Development:

In May 2021, REC Silicon ASA, Norway-based polysilicon and silicon gas supplier stated that it would be restarting its Lake Moses Plant in Washington in the year 2023.

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