Polysilicon Market is expected to grow at 10.30% for 2020 to 2027 to an estimated value of USD 17.75 billion by 2027 with factors such as high investment cost and strict regulations associated with the dumping of polysilicon.
Polysilicon market has shown a significant adoption rate and preferences from the Asia- Pacific region. This is due to increasing urbanization and growing demand for polysilicon from industries such as solar power generation & electronics which is expected to enhance the market demand in the region.
Polysilicon Market Scenario
According to Data Bridge Market Research the polysilicon market in developing regions is witnessing a growth in terms of its adoption rate, due to growth in the solar PV market, increasing government initiatives to enhance the usage of renewable resources, advancement in the production process and growing demand for consumer electronic.
Now the question is which are the regions that polysilicon market players should target? Data Bridge Market Research has forecasted market leaders to target Asia- Pacific developing regions to help them in attaining better volume of revenue generation.
Polysilicon market is becoming more competitive every year with solar PV currently being the largest market end- user for the forecast period of 2020 to 2027. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the polysilicon market.
For more analysis on the polysilicon market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-polysilicon-market
Polysilicon Market Development
Shanghai Electric announced the acquisition of 51% stake of the Jiangsu Zhongneng Polysilicon Technology Development Co., Ltd in June 2018. This acquisition will help the company to build the polysilicon production plant in Qitai County which will have the manufacturing capacity of 40,000 to 60,000 MT. This will help the company to strengthen their market position & accelerate their global reach.
Scope of the Polysilicon Market
Polysilicon market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa
- All country based analysis of the polysilicon market is further analyzed based on maximum granularity into further segmentation. On the basis of form, polysilicon market is segmented into chunks, granules and rods. Based on application, the market is divided into photovoltaics, monocrystalline solar panel, multicrystalline solar panel, electronics, civilian solar small equipment and others. Product type segment of polysilicon market is segmented into series connection and parallel connection. The end- user industry segment of polysilicon market is divided into solar PV and electronics.
- Polysilicon is high purity silicon which is mainly used in industries such as solar PV and electronics. They are mainly produced by the Siemens process of the metallurgical grade silicon. This is kind of industry grade silicon which consists of small silicon crystals. They are widely used in applications such as civilian solar small equipment, multicrystalline solar panel, monocrystalline solar panel, photovoltaics and others. Parallel connection and series connection are two of the common product type of the polysilicon.
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Key Pointers Covered in the Polysilicon Market Industry Trends and Forecast to 2027
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- GCL-Poly
- Wacker Chemie AG
- OCI COMPANY Ltd.
- REC Silicon ASA
- Tokuyama Corporation
- DAQO NEW ENERGY CO,.LTD
- Hemlock Semiconductor Operations LLC
- activ solar Energietechnik GmbH
- GCL System Integration
- Wuxi Suntech Power Co., Ltd.
- Renesola
- Yingli Solar
- CSG Holding Co., Ltd.
- Qatar Solar Technologies
- Mitsubishi Polycrystalline Silicon America Corporation
- Lanco Solar
- Daqo New Energy
Above are the key players covered in the report, to know about more and exhaustive list of polysilicon companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-polysilicon-market
Research Methodology: Global Polysilicon Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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