The global polysilicon market is anticipated to hold a valuation of US$ 8.5 Billion in 2022, and progress at a steady CAGR of 5.6% to attain an estimated net worth of US$ 11.8 Billion by 2028. The widespread installations of solar photovoltaics (PV) are expected to drive the demand for silicon products.

As the popularity of solar energy generation increases, demand for solar-grade polysilicon products is also expected to see a major rise over the forecast period of 2022 to 2028. Rising demand for electronics and semiconductors is also set to propel sales of electronics-grade polysilicon materials.

Future Market Insights present a half-yearly comparison of the growth projections for the market of polysilicon along with the dynamics and key developments impacting the market trends. Polysilicon sales are expected to witness a growth rate of magnitude 4.8% over the first half of 2022 as compared to the growth rate of 4.6% in the first half of 2021, an increase of 20 bps.

Drivers and Challenges Impact Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-6439

Competitive Landscape

Wacker Chemie AG, OCI Company Ltd., GCL-Poly Energy Holdings Limited, TBEA Co. Ltd, REC Silicon ASA., CSG Holdings Co. Ltd., Tokuyama Corporation, Daqo New Energy Co. Ltd., Mitsubishi Materials Corporation, Hanwha Chemical Co. Ltd, Asia Silicon, Osaka Titanium Technologies Co. Ltd., Qatar Solar Technologies, Hemlock Semiconductor Corporation are some of the key companies profiled in the full version of the report.

The polysilicon market is partially fragmented and offers fair opportunities to major players as well as new entrants in the industry. Polysilicon manufacturers are majorly focusing on bolstering their production capacity across multiple geographies to meet increasing demand from emerging economies with high manufacturing activity.

Key Segments Covered in the Water Source Heat Pump Industry Analysis

Key Segments of the Polysilicon Industry Survey

Polysilicon Market by Grade:

  • Solar Grade Polysilicon
  • Electronics Grade Polysilicon

Polysilicon Market by Region:

  • North America Polysilicon Market
  • Latin America Polysilicon Market
  • Europe Polysilicon Market
  • East Asia Polysilicon Market
  • South Asia & Pacific Polysilicon Market
  • Middle East & Africa (MEA) Polysilicon Market