Polysilicon Market 2018 | Global Growth by Manufacturers, Major Application Analysis & Forecast To 2023

19/ott/2018 13:07:31 Market Research Future Contatta l'autore

Questo comunicato è stato pubblicato più di 6 mesi fa. Le informazioni su questa pagina potrebbero non essere attendibili.

Market Synopsis

Polysilicon is a high-grade polycrystalline form of silicon with semiconductor­­-like material properties. It is mainly used as a raw material in the solar power generation and electronics industries. Considering its semiconductor properties, Polysilicon is used to make photovoltaic (PV) panels. It also finds application in electronic gates, integrated circuits, resistors, and conductors, among others. There are three processes for manufacturing Polysilicon—the Siemens process, fluidized bed reactor (FBR) process, and upgraded metallurgical-grade silicon process. The FBR process is an emerging technology; it is a low-cost alternative to the Siemens process.

The rapid increase in the number of solar PV installations and the rising demand for electronic devices across the globe is likely to drive the growth of the Polysilicon Market in the coming years. Also, government subsidies are making the use of solar appliances affordable in urban as well as semi-urban areas, which is expected to boost the demand for Polysilicon during the forecast period. Moreover, the use of electronic-grade Polysilicon in the manufacturing of electronic circuits and power conversion devices, among others is projected to drive market growth during the review period. In addition, the growing population, improved living standards, and urbanization are leading to an increased demand for power, offering lucrative opportunities to players in the Polysilicon Market.

The key players operating in this market are adopting various business strategies such as product launches, joint ventures, and agreements to gain significant market shares. However, the high capital investments required to set up Polysilicon production plants are likely to hinder market growth during the forecast period.

Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/1720

Market Segmentation

The Polysilicon Market has been segmented on the basis of manufacturing Technology, End-Use Industry, Structural Form, and Region.

Based on Manufacturing Technology, the Global Polysilicon Market has been classified as Siemens process, fluidized bed reactor process, and upgraded metallurgical-grade silicon process.

By End-Use Industry, the Global Polysilicon Market has been segmented into solar power generation, electronics, and others.

Based on Structural Form, the Global Polysilicon Market has been divided into chips, chunks, granules, and rods.

The Global Polysilicon Market has been studied across five key regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Regional Analysis

The Global Polysilicon Market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America and the Middle East & Africa. Asia-Pacific accounted for the largest share of the Global Polysilicon Market in 2017. This is mainly due to rapid urbanization and the high demand for the product in end-use industries such as solar power generation and electronics. China is the largest producer and supplier of solar PV installations in the world. Also, China, South Korea, and Japan are the major electronic component producers, which is likely to boost the demand for polysilicon in the region.

North America accounted for the second-largest share of the Global Polysilicon Market in 2017. Due to government initiatives for the use of renewable energy sources such as solar energy, the Polysilicon Market in the region is expected to grow in the coming years.

The European market witnessed moderate growth and the increasing demand for consumer electronics in the region is expected to drive market growth in the years to follow. Lastly, the markets in the Middle East & Africa and Latin America are expected to witness significant growth during the forecast period owing to the rapid industrialization and infrastructural developments in the UAE, Qatar, among others.

Examine Full Research Study with Complete TOC Click on Below Link- https://www.marketresearchfuture.com/reports/polysilicon-market-1720                    

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

blog comments powered by Disqus
Comunicati.net è un servizio offerto da Factotum Srl