Global Trichlorosilane Market, By Production Process (Hydrochlorination, Direct Chlorination), Application (Silane Coupling Agent, Polycrystalline Silicon), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Trichlorosilane Market
The trichlorosilane market is expected to witness market growth at a rate of 7% in the forecast period of 2021 to 2028 and is expected to reach USD 13,788.44 million by 2028. Data Bridge Market Research report on trichlorosilane market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid industrialization globally is escalating the growth of trichlorosilane market.
Trichlorosilane (TCS) refers to a volatile, colorless, and inorganic compound that is generally found in liquid form. The compound is made up of hydrogen, chlorine, and silicon, represented with the chemical formula HSiCl3. By treating powdered metallurgical grade silicon with hydrogen and silicon tetrachloride, or hydrogen chloride, Trichlorosilane (TCS) is manufactured. The reaction is then cooled down in order to produce liquid trichlorosilane.
The continuous development of semiconductor and electronics industry across the globe acts as one of the major factors driving the growth of trichlorosilane market. The utilization of the compound as a silicon precursor for epitaxial silicon containing thin films employed for the preparation of silicon wafers, and shift in consumer preferences towards clean & renewable energy accelerate the market growth. The rise in demand for high purity TCS for the semiconductor silicon production, also called polycrystalline silicon or polysilicon, and use for the deposition of epitaxial silicon layers on silicon wafers in the semiconductor production further influence the market. Additionally, research and development activities, concerns regarding continued use of fossil fuels, surge in investment and governmental incentives positively affect the trichlorosilane market. Furthermore, increased demand for solar energy related components and equipment, including solar grade silicon owning to the rapid growth of solar energy sector extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the high cost associated with the handling and storage of trichlorosilane is expected to obstruct the market growth. Concerns regarding the volatile nature of the compound is projected to challenge the trichlorosilane market in the forecast period of 2021-2028.
This trichlorosilane market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on trichlorosilane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Trichlorosilane Market Scope and Market Size
The trichlorosilane market is segmented on the basis of production process and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the trichlorosilane market is segmented into hydrochlorination and direct chlorination.
- On the basis of application, the trichlorosilane market is segmented into silane coupling agent, and polycrystalline silicon.
Global Trichlorosilane Market Country Level Analysis
The trichlorosilane market is analyzed, and market size, volume information is provided by country, purity, type, and applications as referenced above.
The countries covered in the global trichlorosilane market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the trichlorosilane market due to the significant expansion of electronics industry in China and India. Europe is expected to be the fastest growing market during the forecast period of 2021 to 2028 because of the high consumption of solar energy and increasing usage of trichlorosilane in the manufacturing of semiconductors and polymers in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Trichlorosilane Market Share Analysis
The trichlorosilane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to trichlorosilane market.
The major players covered in the trichlorosilane market report are Evonik Industries AG, GELEST, INC., Wacker Chemie AG, PCC SE, Schill + Seilacher "Struktol" GmbH, Nanjing Shuguang Chemical Group Co., Ltd., Momentive, Shin-Etsu Chemical Co., Ltd., Dow, SiVance, LLC, CHT Group, China National Bluestar (Group) Co,Ltd., Silar, Anabond, 3M, and PanGu Chemical Group Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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