Global Polysilicon Market Insights and Forecast to 2028

Polysilicon is a hyper pure form of silicon. It is multi-crystalline, high purity silicon, greater than 99.999% pure, used as the starting material for the growth of high purity single crystal silicon to be used for integrated circuits, other semiconductor devices, and solar cells. It is in the form of chunk, granular, powder and chip. Due to its semiconductor-like material properties, polysilicon is used as feedstock material in most solar energy applications.
Market Analysis and Insights: Global Polysilicon Market
Due to the COVID-19 pandemic, the global Polysilicon market size is estimated to be worth US$ 11720 million in 2022 and is forecast to a readjusted size of US$ 21680 million by 2028 with a CAGR of 10.8% during the review period. Fully considering the economic change by this health crisis, Solar Grade Polysilicon accounting for % of the Polysilicon global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Solar Photovoltaics (PV) Industry segment is altered to an % CAGR throughout this forecast period.
China is the largest consumption country of polysilicon in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 56% the global market in 2015, followed by USA (18%), Europe and Korea are closely followed with the share about 7%.
GCL Group, WACKER CHEMIE, Hemlock Semiconductor, OCI, REC Silicon, TBEA, SunEdision, Sichuan Yongxiang, KCC and Tokuyama are the key suppliers in the global polysilicon market. Top four took up about 60% of the global market. GCL Group from China is the largest supplier over the world, while GCL Group, TBEA and Sichuan Yongxiang are the leading local supplier in China with the total local share of about 44%. Tokuyama is a leading supplier in Japan.
In terms of production side, this report researches the Polysilicon capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Polysilicon by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Polysilicon Scope and Segment
Polysilicon market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Polysilicon market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Solar Grade Polysilicon
Electronic Grade Polysilicon
Segment by Application
Solar Photovoltaics (PV) Industry
Semiconductor Industry
Others
By Company
GCL Group
WACKER CHEMIE
Hemlock Semiconductor
OCI
REC Silicon
TBEA
SunEdision
Sichuan Yongxiang
KCC
Tokuyama
HanKook Silicon
Daqo New Energy
Dun'an Group
LDK Solar
Hanwha Chemical
Luoyang China Silicon
Asia Silicon
Yichang CSG
Production by Region
North America
Europe
Southeast Asia
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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