Silicon Metal Market was valued at USD 626.92 Mn in 2022 and is expected to reach at USD 924.14 Mn by 2029 at a CAGR of 5.7 over forecast period 2023-2029. The report covers an in-depth analysis of COVID 19 pandemic impact on Global Silicon Metal Market by region and on the key players revenue affected till April 2020 and expected short term and long-term impact on the market.To know about the Research Methodology :- Request Free Sample Report
Silicon Metal Market Dynamics
Silicon (Si) is a light silicate chemical element with metallic and non-metallic properties. Silicate is formed when silicon combines with oxygen and other elements. Silicates comprises of more than 25% of the Earth’s crust. Silicon metal as quartz or quartzite is used to produce silicon ferroalloys for the various industries like iron, steel, aluminium and chemical industries. Silicon metal is used as a feedstock by the aluminium, chemical, electronics and metallurgical industries. Various factors such as growing solar PV market, growing semiconductor and electronics industry, the massive investment in integrated silicone plants in China and India in recent years, increasing efforts to integrate upstream production facilities into silicon metal production are driving the global metal silicon market over forecast period. Prices of the silicon metal are affected by changes in demand, supply, and consumption requirements by the aluminium, semiconductor, chemical, ferrous foundry, and steel industries. However, factors such as high capital expenditures, antidumping policies related to silicon metal, stringent regulations pertaining to silicon dispose are restraining the market growth over the forecast period.Silicon Metal Market Segment Analysis
Global Silicon Metal Market is segmented by product type, by application and by Region. By product type, metallurgy grade product held the highest market share in 2021 and is expected to keep its dominance over the forecast period. Metallurgy grade silicon is used as a deoxidizing and alloying agent to produce iron and steel products. Metallurgical grade silicon are consumed in cast and wrought products. It also used as a basic raw material in the manufacture of chemical products and intermediates, such as silicones and Silanes. By application, semiconductors held the highest market share in 2021 and is expected to keep its dominance over the forecast period owing to the growing use of silicon metal as a semiconductor in various electronics devices. Many electronic companies are modifying properties of silicon metal by using doping technology to make them suitable for electrical components. Semiconductor industry is followed by solar panels application segment.Silicon Metal Market Regional Analysis
By geography, APAC dominated the global market with 39.98% of market share in 2022 and is expected to keep its dominance over the forecast period. China led the APAC silicon metal market in 2022 with production of 5.3 Mt, the highest combined production for China since 2010. China’s silicon metal exports increased in 2022 by 14%. The leading countries of destination for silicon metal from China were Japan (23%) and the Republic of Korea (18%). Various governments in APAC such as China, India, Japan, and Thailand are implementing new programs and policies for improving the efficiency and environmental performance of their country’s electrometallurgical industries. Production of silicon metal is among the materials to which this program applied, under which older and smaller manufacturers are incentivised. APAC is followed by North America and Europe. North America is expected to hold xx% of market share over the forecast period. The rapid increase in the number of solar PV installations and the rising demand for smart electronic devices across the United States and Canada are driving the market growth in this region. Europe is expected to grow at a moderate CAGR over the forecast period. Environmental restrictions on Silicon production facilities led to shutdowns and reduced production in the European countries.Silicon Metal Market Key Developments
Report covers in depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players and mew entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patent to increase their regional presence and business operations. Simcoa is a major market player in the global silicon metal market. Simcoa operates the world’s only fully integrated silicon plant, which is situated in Australia. They started operations in December 1989 after many years’ research and studies. They manufacture high-quality silicon metal which is suitable for the chemical and primary aluminium industries. Simcoa has long-term access and control over the supply of the main raw materials required for high-quality silicon production. The objective of the report is to present a comprehensive analysis of the Global Silicon Metal Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Silicon Metal Market dynamics, structure by analyzing the market segments and project global market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.Silicon Metal Market Scope: Inquiry Before Buying
Silicon Metal Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 626.92 Mn. Forecast Period 2023 to 2029 CAGR: 5.7% Market Size in 2029: US $ 924.14 Mn. Segments Covered: by Product Type • Metallurgy Grade • Chemical Grade by Application • Aluminum Alloys • Semiconductors • Silicones and Silanes • Solar Panels Silicon Metal Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Silicon Metal Market Key Players
• Zhejiang Kaihua Yuantong Silicon • Elkem • Pengcheng Guangfu • H.C. Starck • Simcoa • Neoplant • S+A Blackwell • Zhongcheng Silicon • RW silicium • Micron Metals • Minhang Silicon • Dadi Zelin Silicon • ABSCO • Zhong Yu Jin Ming Silicon • CNPC Powder • Yinfeng Silicon Products • Mingrui Siliocon • Yafei Alloy • VestaSi • Sanhui Naihuo • Anyang Yuda Silicon • BAIDAO • Jiuzhou Silicon Frequently Asked Questions: 1. What is the growth rate of Global Silicon Metal Market Market? Ans: The Global Silicon Metal Market Market is growing at a CAGR of 5.7 % during forecasting period 2023-2029. 2. What is scope of the Global Silicon Metal Market market report? Ans: Global Silicon Metal Market Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 3. Who are the key players in Global Silicon Metal Market market? Ans: The important key players in the Global Silicon Metal Market Market are – Zhejiang Kaihua Yuantong Silicon, Elkem, Pengcheng Guangfu, H.C. Starck, Simcoa, Neoplant, SA Blackwell, Zhongcheng Silicon, RW silicium, Micron Metals, Minhang Silicon, Dadi Zelin Silicon, ABSCO, Zhong Yu Jin Ming Silicon, CNPC Powder, Yinfeng Silicon Products, Mingrui Siliocon, Yafei Alloy, VestaSi, Sanhui Naihuo, Anyang Yuda Silicon, BAIDAO, and Jiuzhou Silicon 4. What is the study period of this market? Ans: The Global Silicon Metal Market Market is studied from 2022 to 2029.
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Silicon Metal Market, by Market Value (US$ Bn) and Volume(Ton) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Silicon Metal Market Analysis and Forecast 6.1. Global Silicon Metal Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Silicon Metal Market Analysis and Forecast, by Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Silicon Metal Market Value Share Analysis, by Product Type 7.4. Global Silicon Metal Market Size (US$ Bn) Forecast, by Product Type 7.5. Global Silicon Metal Market Analysis, by Product Type 7.6. Global Silicon Metal Market Attractiveness Analysis, by Product Type 8. Global Silicon Metal Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Silicon Metal Market Value Share Analysis, by Application 8.4. Global Silicon Metal Market Size (US$ Bn) Forecast, by Application 8.5. Global Silicon Metal Market Analysis, by Application 8.6. Global Silicon Metal Market Attractiveness Analysis, by Application 9. Global Silicon Metal Market Analysis, by Region 9.1. Global Silicon Metal Market Value Share Analysis, by Region 9.2. Global Silicon Metal Market Size (US$ Bn) Forecast, by Region 9.3. Global Silicon Metal Market Attractiveness Analysis, by Region 10. North America Silicon Metal Market Analysis 10.1. Key Findings 10.2. North America Silicon Metal Market Overview 10.3. North America Silicon Metal Market Value Share Analysis, by Product Type 10.4. North America Silicon Metal Market Forecast, by Product Type 10.4.1. Metallurgy Grade 10.4.2. Chemical Grade 10.5. North America Silicon Metal Market Value Share Analysis, by Application 10.6. North America Silicon Metal Market Forecast, by Application 10.6.1. Aluminum Alloys 10.6.2. Semiconductors 10.6.3. Silicones and Silanes 10.6.4. Solar Panels 10.7. North America Silicon Metal Market Value Share Analysis, by Country 10.8. North America Silicon Metal Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Silicon Metal Market Analysis, by Country 10.10. U.S. Silicon Metal Market Forecast, by Product Type 10.10.1. Metallurgy Grade 10.10.2. Chemical Grade 10.11. U.S. Silicon Metal Market Forecast, by Application 10.11.1. Aluminum Alloys 10.11.2. Semiconductors 10.11.3. Silicones and Silanes 10.11.4. Solar Panels 10.12. Canada Silicon Metal Market Forecast, by Product Type 10.12.1. Metallurgy Grade 10.12.2. Chemical Grade 10.13. Canada Silicon Metal Market Forecast, by Application 10.13.1. Aluminum Alloys 10.13.2. Semiconductors 10.13.3. Silicones and Silanes 10.13.4. Solar Panels 10.14. North America Silicon Metal Market Attractiveness Analysis 10.14.1. By Product Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Silicon Metal Market Analysis 11.1. Key Findings 11.2. Europe Silicon Metal Market Overview 11.3. Europe Silicon Metal Market Value Share Analysis, by Product Type 11.4. Europe Silicon Metal Market Forecast, by Product Type 11.4.1. Metallurgy Grade 11.4.2. Chemical Grade 11.5. Europe Silicon Metal Market Value Share Analysis, by Application 11.6. Europe Silicon Metal Market Forecast, by Application 11.6.1. Aluminum Alloys 11.6.2. Semiconductors 11.6.3. Silicones and Silanes 11.6.4. Solar Panels 11.7. Europe Silicon Metal Market Value Share Analysis, by Country 11.8. Europe Silicon Metal Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Silicon Metal Market Analysis, by Country 11.10. Germany Silicon Metal Market Forecast, by Product Type 11.10.1. Metallurgy Grade 11.10.2. Chemical Grade 11.11. Germany Silicon Metal Market Forecast, by Application 11.11.1. Aluminum Alloys 11.11.2. Semiconductors 11.11.3. Silicones and Silanes 11.11.4. Solar Panels 11.12. U.K. Silicon Metal Market Forecast, by Product Type 11.12.1. Metallurgy Grade 11.12.2. Chemical Grade 11.13. U.K. Silicon Metal Market Forecast, by Application 11.13.1. Aluminum Alloys 11.13.2. Semiconductors 11.13.3. Silicones and Silanes 11.13.4. Solar Panels 11.14. France Silicon Metal Market Forecast, by Product Type 11.14.1. Metallurgy Grade 11.14.2. Chemical Grade 11.15. France Silicon Metal Market Forecast, by Application 11.15.1. Aluminum Alloys 11.15.2. Semiconductors 11.15.3. Silicones and Silanes 11.15.4. Solar Panels 11.16. Italy Silicon Metal Market Forecast, by Product Type 11.16.1. Metallurgy Grade 11.16.2. Chemical Grade 11.17. Italy Silicon Metal Market Forecast, by Application 11.17.1. Aluminum Alloys 11.17.2. Semiconductors 11.17.3. Silicones and Silanes 11.17.4. Solar Panels 11.18. Spain Silicon Metal Market Forecast, by Product Type 11.18.1. Metallurgy Grade 11.18.2. Chemical Grade 11.19. Spain Silicon Metal Market Forecast, by Application 11.19.1. Aluminum Alloys 11.19.2. Semiconductors 11.19.3. Silicones and Silanes 11.19.4. Solar Panels 11.20. Rest of Europe Silicon Metal Market Forecast, by Product Type 11.20.1. Metallurgy Grade 11.20.2. Chemical Grade 11.21. Rest of Europe Silicon Metal Market Forecast, by Application 11.21.1. Aluminum Alloys 11.21.2. Semiconductors 11.21.3. Silicones and Silanes 11.21.4. Solar Panels 11.22. Europe Silicon Metal Market Attractiveness Analysis 11.22.1. By Product Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Development 12. Asia Pacific Silicon Metal Market Analysis 12.1. Key Findings 12.2. Asia Pacific Silicon Metal Market Overview 12.3. Asia Pacific Silicon Metal Market Value Share Analysis, by Product Type 12.4. Asia Pacific Silicon Metal Market Forecast, by Product Type 12.4.1. Metallurgy Grade 12.4.2. Chemical Grade 12.5. Asia Pacific Silicon Metal Market Value Share Analysis, by Application 12.6. Asia Pacific Silicon Metal Market Forecast, by Application 12.6.1. Aluminum Alloys 12.6.2. Semiconductors 12.6.3. Silicones and Silanes 12.6.4. Solar Panels 12.7. Asia Pacific Silicon Metal Market Value Share Analysis, by Country 12.8. Asia Pacific Silicon Metal Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Silicon Metal Market Analysis, by Country 12.10. China Silicon Metal Market Forecast, by Product Type 12.10.1. Metallurgy Grade 12.10.2. Chemical Grade 12.11. China Silicon Metal Market Forecast, by Application 12.11.1. Aluminum Alloys 12.11.2. Semiconductors 12.11.3. Silicones and Silanes 12.11.4. Solar Panels 12.12. India Silicon Metal Market Forecast, by Product Type 12.12.1. Metallurgy Grade 12.12.2. Chemical Grade 12.13. India Silicon Metal Market Forecast, by Application 12.13.1. Aluminum Alloys 12.13.2. Semiconductors 12.13.3. Silicones and Silanes 12.13.4. Solar Panels 12.14. Japan Silicon Metal Market Forecast, by Product Type 12.14.1. Metallurgy Grade 12.14.2. Chemical Grade 12.15. Japan Silicon Metal Market Forecast, by Application 12.15.1. Aluminum Alloys 12.15.2. Semiconductors 12.15.3. Silicones and Silanes 12.15.4. Solar Panels 12.16. ASEAN Silicon Metal Market Forecast, by Product Type 12.16.1. Metallurgy Grade 12.16.2. Chemical Grade 12.17. ASEAN Silicon Metal Market Forecast, by Application 12.17.1. Aluminum Alloys 12.17.2. Semiconductors 12.17.3. Silicones and Silanes 12.17.4. Solar Panels 12.18. Rest of Asia Pacific Silicon Metal Market Forecast, by Product Type 12.18.1. Metallurgy Grade 12.18.2. Chemical Grade 12.19. Rest of Asia Pacific Silicon Metal Market Forecast, by Application 12.19.1. Aluminum Alloys 12.19.2. Semiconductors 12.19.3. Silicones and Silanes 12.19.4. Solar Panels 12.20. Asia Pacific Silicon Metal Market Attractiveness Analysis 12.20.1. By Product Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Development 13. Middle East & Africa Silicon Metal Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Silicon Metal Market Overview 13.3. Middle East & Africa Silicon Metal Market Value Share Analysis, by Product Type 13.4. Middle East & Africa Silicon Metal Market Forecast, by Product Type 13.4.1. Metallurgy Grade 13.4.2. Chemical Grade 13.5. Middle East & Africa Silicon Metal Market Value Share Analysis, by Application 13.6. Middle East & Africa Silicon Metal Market Forecast, by Application 13.6.1. Aluminum Alloys 13.6.2. Semiconductors 13.6.3. Silicones and Silanes 13.6.4. Solar Panels 13.7. Middle East & Africa Silicon Metal Market Value Share Analysis, by Country 13.8. Middle East & Africa Silicon Metal Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Silicon Metal Market Analysis, by Country 13.10. GCC Silicon Metal Market Forecast, by Product Type 13.10.1. Metallurgy Grade 13.10.2. Chemical Grade 13.11. GCC Silicon Metal Market Forecast, by Application 13.11.1. Aluminum Alloys 13.11.2. Semiconductors 13.11.3. Silicones and Silanes 13.11.4. Solar Panels 13.12. South Africa Silicon Metal Market Forecast, by Product Type 13.12.1. Metallurgy Grade 13.12.2. Chemical Grade 13.13. South Africa Silicon Metal Market Forecast, by Application 13.13.1. Aluminum Alloys 13.13.2. Semiconductors 13.13.3. Silicones and Silanes 13.13.4. Solar Panels 13.14. Rest of Middle East & Africa Silicon Metal Market Forecast, by Product Type 13.14.1. Metallurgy Grade 13.14.2. Chemical Grade 13.15. Rest of Middle East & Africa Silicon Metal Market Forecast, by Application 13.15.1. Aluminum Alloys 13.15.2. Semiconductors 13.15.3. Silicones and Silanes 13.15.4. Solar Panels 13.16. Middle East & Africa Silicon Metal Market Attractiveness Analysis 13.16.1. By Product Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Development 14. South America Silicon Metal Market Analysis 14.1. Key Findings 14.2. South America Silicon Metal Market Overview 14.3. South America Silicon Metal Market Value Share Analysis, by Product Type 14.4. South America Silicon Metal Market Forecast, by Product Type 14.4.1. Metallurgy Grade 14.4.2. Chemical Grade 14.5. South America Silicon Metal Market Value Share Analysis, by Application 14.6. South America Silicon Metal Market Forecast, by Application 14.6.1. Aluminum Alloys 14.6.2. Semiconductors 14.6.3. Silicones and Silanes 14.6.4. Solar Panels 14.7. South America Silicon Metal Market Value Share Analysis, by Country 14.8. South America Silicon Metal Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Silicon Metal Market Analysis, by Country 14.10. Brazil Silicon Metal Market Forecast, by Product Type 14.10.1. Metallurgy Grade 14.10.2. Chemical Grade 14.11. Brazil Silicon Metal Market Forecast, by Application 14.11.1. Aluminum Alloys 14.11.2. Semiconductors 14.11.3. Silicones and Silanes 14.11.4. Solar Panels 14.12. Mexico Silicon Metal Market Forecast, by Product Type 14.12.1. Metallurgy Grade 14.12.2. Chemical Grade 14.13. Mexico Silicon Metal Market Forecast, by Application 14.13.1. Aluminum Alloys 14.13.2. Semiconductors 14.13.3. Silicones and Silanes 14.13.4. Solar Panels 14.14. Rest of South America Silicon Metal Market Forecast, by Product Type 14.14.1. Metallurgy Grade 14.14.2. Chemical Grade 14.15. Rest of South America Silicon Metal Market Forecast, by Application 14.15.1. Aluminum Alloys 14.15.2. Semiconductors 14.15.3. Silicones and Silanes 14.15.4. Solar Panels 14.16. South America Silicon Metal Market Attractiveness Analysis 14.16.1. By Product Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Zhejiang Kaihua Yuantong Silicon 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Elkem 15.3.3. Pengcheng Guangfu 15.3.4. H.C. Starck 15.3.5. Simcoa 15.3.6. Neoplant 15.3.7. S+A Blackwell 15.3.8. Zhongcheng Silicon 15.3.9. RW silicium 15.3.10. Micron Metals 15.3.11. Minhang Silicon 15.3.12. Dadi Zelin Silicon 15.3.13. ABSCO 15.3.14. Zhong Yu Jin Ming Silicon 15.3.15. CNPC Powder 15.3.16. Yinfeng Silicon Products 15.3.17. Mingrui Siliocon 15.3.18. Yafei Alloy 15.3.19. VestaSi 15.3.20. Sanhui Naihuo 15.3.21. Anyang Yuda Silicon 15.3.22. BAIDAO 15.3.23. Jiuzhou Silicon