Polysilicon Market
The research report on Polysilicon Market is segmented by Manufacturing Technology, by Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018-2026
The research report on Polysilicon Market is segmented by Manufacturing Technology, by Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018-2026
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Polysilicon</strong> <strong>Market</strong> - Size, Share, Outlook, and<br />
Opportunity Analysis, 2018-2026<br />
<strong>Polysilicon</strong> or polycrystalline silicon is a highly pure form of silicon and is an essential<br />
material for photovoltaic (PV) and the electronics industry. It is widely used for<br />
manufacturing high-efficiency modules, ingots, wafers, cells, and solar power<br />
generation systems.<br />
<strong>Polysilicon</strong> is manufactured in two forms — granular polysilicon and chunk<br />
polysilicon — depending on the production technology. Government initiatives such<br />
as tax exemption for the solar energy industry and renewable energy policies are<br />
major factors boosting demand for polysilicon over the forecast period. Moreover,<br />
according to an article published by Amplus Solar in Jan 2018, the government of<br />
India undertook major programs to promote solar energy generation such as<br />
Jawaharlal Nehru National Solar Mission, Solar Park Scheme, and Rooftop scheme.<br />
Request For Sample Copy of this Research Report :<br />
https://www.coherentmarketinsights.com/insight/request-pdf/2351<br />
<strong>Polysilicon</strong> <strong>Market</strong> Outlook<br />
<strong>Polysilicon</strong> is extensively used in manufacturing photovoltaic and electronics.<br />
According to BP Statistical Review of World Energy published in June 2018, new<br />
solar PV installations of 97 GW in 2017 increased global power solar generating<br />
capacities to 400GW recording the growth of 32.0% in comparison with 2016. This,<br />
in turn, is expected to increase demand for polysilicon from the photovoltaic<br />
Asia Pacific is projected to witness highest growth rate in the global polysilicon<br />
market over the forecast period. This is owing to increasing demand for consumer<br />
electronics and semiconductors in China and India. According to India Brand Equity<br />
Foundation’s (IBEF) report published in June 2017, Indian electronics market was<br />
valued at US$ 100.0 billion in 2016 and is expected to reach USD 400.0 billion by<br />
2020, growing at a CAGR of 41.4% during the period.
Key Players<br />
Key players operating in the global polysilicon market include GCL-Poly Energy<br />
Holdings Limited, Wacker Chemie AG, Daqo New Energy Corp., OCI Company Ltd.,<br />
and Xinte Energy Co., Ltd. Other companies dealing in the industry include Fluor<br />
Corporation, Targray, and others.<br />
Key players are focused on investment, and acquisition strategies in order to<br />
enhance their market share. For instance, in April 2017, OCI Company Ltd.<br />
announced the acquisition of Tokuyama’s Malaysia polysilicon production with a<br />
capacity of 20,000 MT. This acquisition helped OCI to become second largest<br />
polysilicon producer worldwide with the annual production capacity of 72,000 MT.<br />
For More Information: https://tinyurl.com/y6eucx74<br />
About Coherent <strong>Market</strong> Insights:<br />
Coherent <strong>Market</strong> Insights is a prominent market research and consulting firm offering<br />
action-ready syndicated research reports, custom market analysis, consulting<br />
services, and competitive analysis through various recommendations related to<br />
emerging market trends, technologies, and potential absolute dollar opportunity.<br />
Contact Us:<br />
Mr. Shah<br />
Coherent <strong>Market</strong> Insights<br />
1001 4th Ave,<br />
#3200<br />
Seattle, WA 98154<br />
Tel: +1-206-701-6702<br />
Email: sales@coherentmarketinsights.com