Industry Analysis & Outlook of Global Polysilicon Market (2017-2021) : Wacker Chemie AG, GCL Poly Energy, OCI and REC Silicon

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Polycrystalline silicon, also known as polysilicon or poly-Si, polysilicon is the purest form of silicon and the second most common element available in nature. It is a material consisting of small silicon crystals, which differ from monocrystalline silicon used for electronics and solar cells, and amorphous silicon used for thin film devices and solar cells. It is used as raw material in most applications of solar energy. The processing of polysilicon is the initial stage in the production of solar photovoltaic equipment based on silicon. In addition to using in the photovoltaic market, polysilicon is also widely used in the semiconductor market.

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The production of polysilicon is an energy-intensive process. Polysilicon is produced from silicon from a metallurgical grade by chemical purification, known as the Siemens process. This process involves the distillation of volatile silicon compounds and their decomposition into silicon at elevated temperatures. A new alternative purification method has been developed called fluidized bed reactor.

Polysilicon can be segmented into three divisions by purity grade: Electronic Grade, Medium Grade, and Upgraded Metallurgical Grade. The market is divided into two segments by end user types: PV Market and Semiconductor Market. For solar cell applications, polycrystalline silicon is a material for the manufacture of crystalline silicon solar cells that use single crystal or multicrystalline silicon for substrates. For semiconductor applications, polysilicon is converted to monocrystalline silicon, and then to a single crystal plate, and then to integrated circuits that are integrated into electronic components.

The global polysilicon market is expected to grow in future due to rise in solar cell market, growing semiconductor market and improving economic conditions. Key trends of this market include technological upgradation, rising distributed solar capacity, decreasing production cost and strong downstream demand. However, there are some factors which can hinder the growth of polysilicon market which includes high entry barriers, heavy capital requirement and over capacity.

The report “Global Polysilicon Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering China region along with the global market. The report profiles the key players of the market including Wacker Chemie AG, GCL Poly Energy, OCI and REC Silicon.

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Table of Content

1. Market Overview
1.1 Polysilicon
1.2 Photovoltaic Cells

2. Global Market Analysis
2.1 Global Polysilicon Market Demand Forecast
2.2 Global Polysilicon Market by Application
2.3 Global Polysilicon Production Volume
2.3.1 Global Polysilicon Production Volume
2.3.2 Global Polysilicon Production Volume Forecast
2.4 Global Polysilicon Production by Region
2.5 Global Polysilicon Market by Utilization Rate
2.6 Global Polysilicon Market by Spot Pricing

3. China Polysilicon Market
3.1 China Polysilicon Imports
3.2 China Polysilicon Imports by Country
3.3 China Polysilicon Production Forecast
3.4 China Polysilicon Capacity Expansion Plan by Company

4. Polysilicon End Market Analysis
4.1 Photovoltaic (PV) Market
4.1.1 Global PV Market by Installed Capacity
4.1.2 Global PV Market Forecast by Installed Capacity
4.1.3 Global PV Market by Annual Installation
4.1.4 Global PV Market Forecast by Annual Installation
4.1.5 Global Installed PV Market by Region
4.2 Semiconductor Market
4.2.1 Global Semiconductors Market by Value
4.2.2 Global Semiconductors Market Forecast by Value
4.2.3 Global Semiconductors Market by End Use

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Improving Economic Conditions
5.1.2 Growing Semiconductor Industry
5.1.3 Rise in Solar Cell Market
5.2 Key Trends & Developments
5.2.1 Technology Upgradation
5.2.2 Rising Distributed Solar Capacity in China
5.2.3 Decreasing Production Cost
5.2.4 Strong Downstream Demand
5.3 Challenges
5.3.1 High Entry Barriers
5.3.2 Heavy Capital Requirement
5.3.3 Over Capacity

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Market Insight: Global Polysilicon Industry 2017 - 2025

Researchmoz added Most up-to-date research on "Polysilicon Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports.

Silicon is the second most abundant element found on the Earth. Polysilicon is a pure, stable, and crystalline form of silicon. It also called polycrystalline silicone and poly-Si. It offers properties similar to semiconductors. Polysilicon is employed in solar photovoltaic cells (PV) and electronics industries. It differs from monocrystalline silicon and amorphous silicon in terms of silicon structure. Monocrystalline polysilicon is used in microelectronic devices and is more efficient than polysilicon. The cost of polysilicon is low compared to that of single crystal or monocrystalline silicon. Polysilicon consists of numerous small silicon crystals of larger than 1 mm size. Polysilicon is produced in ingot and wafer forms. More than 350,000 tons of polysilicon is manufactured across the globe every year.

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The polysilicon market can be segmented in terms of manufacturing technology, structural form, physical properties, application, and region. Polysilicon is manufactured through different processes, namely Siemens process, fluidized bed reactor, and upgraded metallurgical grade (UMG). Siemens process produces the highest quality of polysilicon material by distillation at high temperature. It is employed in solar cells and electronics applications. The process accounts for almost 90% of the global polysilicon production. Polysilicon produced in fluidized bed reactors is utilized in solar photovoltaic applications. Upgraded metallurgical grade is employed in electronics materials. Polysilicon is manufactured in the form of chunks, chips, granules, and rods. The structure depends upon the end-use application. Generally, polysilicon rods are broken down to form chunks. Physical properties of polysilicon such as resistivity and mobility depend upon the grain size of crystals. This can vary with different manufacturing processes. As the grain size of polysilicon crystals increases, the efficiency of solar cells rises.

Polysilicon is employed in electronics and solar PV cells. The electronics industry can be further sub-divided into end-use application. Polysilicon is used in integrated circuits, electronics gates (MOSFETs and CMOS), resistors, and conductors and, as an ohmic contact for shallow junctions. Electronics industry needs pure forms of polysilicon compared to the solar cell industry. Up to 99.999% pure polysilicon is also used in the electronics industry. Solar photovoltaic cells are utilized in power grids, solar accent lighting and small scale applications such as pocket calculator. To produce 1 megawatt of solar modules, around 5 tons of polysilicon is required. Based on region, the polysilicon market can be divided into Latin America, North America, Middle East & Africa, Europe, and Asia Pacific.

Prices of polysilicon have declined significantly over the last few years.  However, the polysilicon market is likely to expand due to the rise in demand for photovoltaic applications and growth in the electronics industry. Investments, expansions, and long term contracts of companies are driving the polysilicon market. Research and developmental activities are estimated to reduce the cost of polysilicon; but laboratory inventions in chemistry can compete the polysilicon market. Rising usage of renewable energy sources encourage solar photovoltaic cell production; but the production of polysilicon is not environment friendly. China accounts for major share of the market, led by the large manufacturing capacity in the country. It is followed by the U.S. The polysilicon market in South Korea, Japan, Germany, and Norway is expected to expand at a rapid pace in the near future. The polysilicon market is likely to expand in India due to ‘Make in India’ policy. Demand for polysilicon is estimated to rise in Asia Pacific and Europe during the forecast period.

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Major players operating in the global polysilicon market include Wacker chemie AG, OCI Company Ltd., Mitsubishi Electric Corporation, SunEdison Inc. and Dago new energy corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis

The regional analysis covers:

- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market

Recent Survey Reveals Global Polysilicon for Electronics Market Analysis 2023

Researchmoz added Most up-to-date research on "Global Polysilicon for Electronics Market by Manufacturers, Countries, Type and Application, Forecast to 2023" to its huge collection of research reports.

The electronics application sector is another key area of polysilicon, but polysilicon for electronics (electronic grade polysilicon or semiconductor grade polysilicon) must have higher purity, as 99.9999999 percent and 99.999999999 percent (9N to 11N) commonly.

Scope of the Report:
This report focuses on the Polysilicon for Electronics in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Market Segment by Manufacturers, this report covers
Tokuyama
Wacker Chemie
Hemlock Semiconductor
Mitsubishi Materials
OSAKA Titanium Technologies
OCI
REC Silicon
GCL-Poly Energy
Huanghe Hydropower
Yichang CSG

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Grade I
Grade II
Grade III

Market Segment by Applications, can be divided into
300mm Wafer
200mm Wafer
Others

There are 15 Chapters to deeply display the global Polysilicon for Electronics market.

Chapter 1, to describe Polysilicon for Electronics Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Polysilicon for Electronics, with sales, revenue, and price of Polysilicon for Electronics, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Polysilicon for Electronics, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Polysilicon for Electronics market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Polysilicon for Electronics sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Table of Contents

1 Market Overview
1.1 Polysilicon for Electronics Introduction
1.2 Market Analysis by Type
1.2.1 Grade I
1.2.2 Grade II
1.2.3 Grade III
1.3 Market Analysis by Applications
1.3.1 300mm Wafer
1.3.2 200mm Wafer
1.3.3 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market Status and Outlook (2013-2023)
1.4.1.2 Canada Market Status and Outlook (2013-2023)
1.4.1.3 Mexico Market Status and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market Status and Outlook (2013-2023)
1.4.2.2 France Market Status and Outlook (2013-2023)
1.4.2.3 UK Market Status and Outlook (2013-2023)
1.4.2.4 Russia Market Status and Outlook (2013-2023)
1.4.2.5 Italy Market Status and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market Status and Outlook (2013-2023)
1.4.3.2 Japan Market Status and Outlook (2013-2023)
1.4.3.3 Korea Market Status and Outlook (2013-2023)
1.4.3.4 India Market Status and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market Status and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market Status and Outlook (2013-2023)
1.4.4.2 Egypt Market Status and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market Status and Outlook (2013-2023)
1.4.4.4 South Africa Market Status and Outlook (2013-2023)
1.4.4.5 Nigeria Market Status and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force

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2 Manufacturers Profiles
2.1 Tokuyama
2.1.1 Business Overview
2.1.2 Polysilicon for Electronics Type and Applications
2.1.2.1 Type 1
2.1.2.2 Type 2
2.1.3 Tokuyama Polysilicon for Electronics Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Wacker Chemie
2.2.1 Business Overview
2.2.2 Polysilicon for Electronics Type and Applications
2.2.2.1 Type 1
2.2.2.2 Type 2
2.2.3 Wacker Chemie Polysilicon for Electronics Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Hemlock Semiconductor
2.3.1 Business Overview
2.3.2 Polysilicon for Electronics Type and Applications
2.3.2.1 Type 1
2.3.2.2 Type 2

...

3 Global Polysilicon for Electronics Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Polysilicon for Electronics Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Polysilicon for Electronics Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Polysilicon for Electronics Manufacturer Market Share
3.3.2 Top 6 Polysilicon for Electronics Manufacturer Market Share
3.4 Market Competition Trend

4 Global Polysilicon for Electronics Market Analysis by Regions
4.1 Global Polysilicon for Electronics Sales, Revenue and Market Share by Regions
4.1.1 Global Polysilicon for Electronics Sales and Market Share by Regions (2013-2018)
4.1.2 Global Polysilicon for Electronics Revenue and Market Share by Regions (2013-2018)
4.2 North America Polysilicon for Electronics Sales and Growth Rate (2013-2018)
4.3 Europe Polysilicon for Electronics Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Polysilicon for Electronics Sales and Growth Rate (2013-2018)
4.5 South America Polysilicon for Electronics Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Polysilicon for Electronics Sales and Growth Rate (2013-2018)

5 North America Polysilicon for Electronics by Countries
5.1 North America Polysilicon for Electronics Sales, Revenue and Market Share by Countries
5.1.1 North America Polysilicon for Electronics Sales and Market Share by Countries (2013-2018)
5.1.2 North America Polysilicon for Electronics Revenue and Market Share by Countries (2013-2018)
5.2 United States Polysilicon for Electronics Sales and Growth Rate (2013-2018)
5.3 Canada Polysilicon for Electronics Sales and Growth Rate (2013-2018)
5.4 Mexico Polysilicon for Electronics Sales and Growth Rate (2013-2018)

6 Europe Polysilicon for Electronics by Countries
6.1 Europe Polysilicon for Electronics Sales, Revenue and Market Share by Countries
6.1.1 Europe Polysilicon for Electronics Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Polysilicon for Electronics Revenue and Market Share by Countries (2013-2018)
6.2 Germany Polysilicon for Electronics Sales and Growth Rate (2013-2018)
6.3 UK Polysilicon for Electronics Sales and Growth Rate (2013-2018)
6.4 France Polysilicon for Electronics Sales and Growth Rate (2013-2018)
6.5 Russia Polysilicon for Electronics Sales and Growth Rate (2013-2018)
6.6 Italy Polysilicon for Electronics Sales and Growth Rate (2013-2018)

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Global Polysilicon Market Key Trends, Size, Growth, Shares And Forecast Report 2015 | Researchmoz

Researchmoz added Most up-to-date research on "Global Polysilicon Market Report: 2015 Edition" to its huge collection of research reports.

Polycrystallion silicon, also known as polysilicon or poly-Si, polysilicon is the purest form of silicon and the second most abundant element available in nature. It is a material consisting of small silicon crystals which differs from single-crystal silicon, used for electronics and solar cells, and from amorphous silicon, used for thin film devices and solar cells. It is used as a feedstock material in most solar energy applications. The global polysilicon market can be segmented into three divisions by purity grade: Electronic Grade, Medium Grade, and Upgraded Metallurgical Grade. The market is divided into two segments by end user types: Solar PV Industry and Semiconductor Industry.

The key factors driving the growth of the polysilicon industry are solar cell market, semiconductor market and the developing economy. Some of the noteworthy trends of this industry are decreasing production cost, decreasing polysilicon prices and strong growth of the solar PV market. However, the expansion of global polysilicon industry is hindered by rising industrial overcapacity and heavy capital requirement.

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The report “Global Polysilicon Market” provides an in-depth analysis of the production, demand and spot prices of global polysilicon market with focus on its end markets: Solar PV Industry and Semiconductor Industry. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Wacker Chemie, GCL Poly Energy, OCI Company Ltd. and REC Siliocon ASA are being profiled.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Table of Content

1. Overview1.1 Applications of Polysilicon
1.2 Manufacturing Process of Polysilicon
1.3 Types of Polysilicon
1.3.1 Electronic-grade Silicon (9N)
1.3.2 Medium-grade Silicon (6-7N)
1.3.3 Upgraded Metallurgical-grade Silicon (> 5N)

2. Polysilicon Market Analysis
2.1 Global Market

- Production Volume
- Demand Growth
- Regional Breakdown
- Major Producers
- Price Trend

2.2 China

- Market Overview
- Total Imports
- Imports by Region

3. End-Markets of Polysilicon
3.1 Solar PV Market
3.1.1 Global Market

- Demand Growth
- Regional Breakdown

3.1.2 China
3.1.3 The US
3.1.4 Japan
3.2 Semiconductor Industry

- Industry Revenues
- Market Segmentation
- Regional Breakdown

4. Market Dynamics
4.1 Key Trends
4.1.1 Decreasing Production Cost
4.1.2 Growth in Solar Market
4.1.3 Decreasing Polysilicon Prices
4.2 Growth Drivers
4.2.1 Rise in Solar Cell Market
4.2.2 Growing Semiconductor Industry
4.2.3 Economic Growth
4.3 Major Challenges
4.3.1 Overcapacity
4.3.2 Heavy Capital Requirements

5. Competitive Landscape

- Financial Comparison
- Market Share

6. Company Profiles
6.1 Wacker Chemie AG
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies

- Expansion through Emerging Markets
- Strategic Acquisitions

6.2 GCL Poly Energy
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies

- Investing in Advantaged Projects
- Joint Ventures and Acquisitions

6.3 OCI
6.3.1 Business Overview
6.3.2 Financial Overview
6.3.3 Business Strategies

- Increasing Production Facilities
- Expansion of ENERVAC Business

6.4 REC Silicon ASA
6.4.1 Business Overview
6.4.2 Financial Overview
6.4.3 Business Strategies

- Joint Ventures and Collaborations
- Increasing Production Facilities

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