Global Silicon Metal Market (2017-2022): Increasing Demand for Aluminum-Silicon Alloys - Research and Markets

30 November 2017

The "Global Silicon Metal Market - Segmented by Type, Application, and Geography - Trends, and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

Silicon metal is a hard, brittle, and blue-grey lustrous semi-conductive metal, which is used to manufacture solar cells, steel, and microchips, along with various other commodities. Due to the properties such as high corrosion resistivity, machinability, and high thermal conductivity; silicon metal is widely used to manufacture aluminum alloys, silicones, semiconductors, and solar panels.

A major market driver is the continuous growing demand for silicon metal for the production of aluminum alloys, which are used in the foundry, automotive, and aerospace industries. When used with aluminum, silicon improves hardness, strength, and castability, and, hence, are used significantly in the production of aluminum alloys. Further, they are used to manufacture silicon compounds and silicon wafers, which are used to manufacture semiconductors and photovoltaic cells. As these industries continue to grow, the market for silicon metal is expected to accelerate during 2017-2022 (the forecast period).

In terms of consumption, Asia-Pacific accounted for the largest market size in 2016. During the forecast period, the market is expected to register the highest CAGR among the regions such as Asia-Pacific, North America, Europe, South America, and Middle-East & Africa. Increasing demand for aluminum alloys and silicones from the automotive, electronics, solar, and aerospace industries is expected to significantly drive the silicon metal market, during 2017-2022 (the forecast period).

Companies Mentioned:

  •     DMG Mori Co., Ltd.
  •     Dow Corning Corporation
  •     Ferroglobe PLC
  •     H.C. Starck GmbH
  •     Hemlock Semiconductor Corporation
  •     LDK Solar Co.,Ltd.
  •     NexWafe Gmbh
  •     Renewable Energy Corporation
  •     RIMA Group
  •     9Sil'tronix Silicon Technologies
  •     Sumco Corporation
  •     Sun Edison, Inc.
  •     The Quartz Corporation
  •     Wacker Chemie AG
  •     Others

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis ( Market Size, Growth & Forecast)

6. Regional Analysis ( Market Size, Growth & Forecast)

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

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Source: businesswire.com