DUBLIN, March 29, 2021 /PRNewswire/ — The “Silicon Metal Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s providing.
The worldwide silicon metallic market dimension was $6.3 billion in 2019, and is projected to succeed in $8.9 billion by 2027, rising at a CAGR of 5.5% from 2020 to 2027.
Silicon metallic is an industrial additive produced by smelting quartz and coke in an electrical heating furnace. It consists of 98% of silicon, though the composition of silicon has elevated as near 99.99% silicon lately. Impurities in silicon metals primarily embrace iron, aluminum, and calcium. Silicon metallic is used as a feedstock within the manufacturing of silicones, aluminum alloys, and semiconductor supplies. Based mostly on its utility, silicon metals are provided in varied grades, particularly, metallurgical, chemical, electronics, polysilicon, photo voltaic, and excessive purity grades. The manufacturing of varied grades of silicon metallic begins with the refining means of silica inside quartz rock or sand, adopted by a carbothermic discount of silica that happens in an arc furnace to provide metallurgical grade silicon. That is then additional refined by way of a hydro-metallurgical course of to provide chemical-grade silicon. Chemical-grade silicon metallic is majorly used within the manufacturing of silicones and silanes. Metallurgical silicon is 99% pure and is utilized in metal smelting and aluminum alloys.
The worldwide silicon metallic market is presently pushed by varied elements resembling enhance in demand for aluminum alloys within the automotive business, increasing utility spectrum of silicones, demand from vitality storage markets, and a gradual demand from the worldwide chemical business. A serious chink of silicon metallic is at present used within the manufacturing of aluminum alloys, which, in flip, is used within the manufacturing of lightweight automotive. Aluminum’s superior strength-to-weight ratio makes it more practical for constructing gasoline environment friendly automobiles than metal or iron. Therefore, the demand for automotive-related alloys is predicted to extend, thus, driving the demand for silicon metallic. Silicon metallic is completely obligatory for the manufacturing of aluminum and chemical merchandise because it gives them with important properties. As well as, it can’t be substituted and there’s no recycling of (pure) Silicon. Within the chemical business, it’s used for producing silicon compounds in addition to silicon wafers utilized in photovoltaic photo voltaic cells and digital semiconductors. Silicon compounds are the uncooked materials for a big and rising variety of industrial and shopper merchandise resembling silicone rubber elements, urethane foam, sealants, adhesives, lubricants, meals components, coatings, and cosmetics.
The excessive value of manufacturing of silicon metallic is predicted to restrict its market progress throughout the forecast interval. The manufacturing of silicon metallic is vitality intensive, which will increase its value of manufacturing. Submerged arc furnace (SAF) is extremely vitality intensive and a big portion of the entire manufacturing value is said to its vitality consumption. Additional, the price of producing silicon metallic is managed by the costs of different parts resembling coal, quartz, oil/pure fuel, and electrodes. The manufacturing of silicon metallic requires fixed provide of its uncooked material-quartz. Quartz mines are owned by few world gamers resembling Ferroglobe, Rusal, Liasa, and Elkem. Therefore, the scope for vertical integration is minimal. This limits the entry of recent gamers within the silicon metallic manufacturing chain, thus, resulting in excessive costs.
Rising use of silicon metallic in photo voltaic panel manufacturing and specializing in decreasing the price of manufacturing of silicon metallic will assist sooner or later progress of the worldwide silicon market. Silicon metallic is already an important materials within the metallic smelting business, nevertheless, the consumption of silicon metallic has elevated lately, primarily from the electronics and photo voltaic industries.
The silicon metallic market is segmented on the premise of product kind and functions. Based mostly on the product kind, the worldwide silicon metallic market is split into metallurgical and chemical. The functions of silicon metallic embrace aluminum alloys, silicone, semiconductors, and others. Regionally, the worldwide silicon metallic market is studied throughout North America, Europe, Asia-Pacific, and LAMEA.
A number of the main gamers profiled within the report embrace Anyang Wanhua Steel Materials Co. Ltd., Dow Inc., Elkem ASA, Ferroglobe PLC, Henan ALOY New Materials Co. Ltd., Hoshine Silicon Business Co. Ltd., Liasa, Mississippi Silicon LLC, Shin-Etsu Chemical Co. Ltd., and United Firm RUSAL.
Key advantages for Stakeholders
- The report gives in depth qualitative and quantitative evaluation of the present traits and future estimations of the worldwide silicon metallic market from 2019 to 2027 to find out the prevailing alternatives
- The worldwide silicon metallic market evaluation covers in-depth data of main business individuals.
- Porter’s 5 forces evaluation helps to research the potential of consumers & suppliers and the aggressive state of affairs of the business for technique constructing.
- Main international locations have been mapped in accordance with their particular person income contribution to the regional market.
- The report gives an in-depth evaluation of the worldwide silicon metallic market forecast for the interval 2020-2027.
- The important thing drivers, restraints, and world silicon metallic market alternative and their detailed affect evaluation is elucidated within the research
Key Subjects Coated:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key advantages for Stakeholders
1.3. Key Market Segments
1.4. Analysis methodology
1.4.1. Main analysis
1.4.2. Secondary analysis
1.4.3. Analyst instruments and fashions
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the research
2.2. CXO perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market definition and scope
3.2. Key findings
3.2.1. High funding pockets
3.2.2. Porter’s 5 forces evaluation
3.3. Market dynamics
126.96.36.199. Steadily rising demand for aluminum silicon (Al-Si) alloys
188.8.131.52. Versatility of silicones-a key utility of silicon metallic
184.108.40.206. Rising use of silicon metallic for semiconductor functions
220.127.116.11. Excessive value of manufacturing
18.104.22.168. Efforts to cut back the price of manufacturing by innovating the present expertise
3.4. Worth chain evaluation
3.5. Affect of key rules on the World Silicon Steel Market
3.6. Affect of COVID-19 on the World Silicon Steel Market
3.7. Patent evaluation, 2012-2019
CHAPTER 4: SILicON METAL MARKET, BY PRODUCT TYPE
4.1.1. Market dimension and forecast
4.2.1. Key market traits, progress elements, and alternatives
4.2.2. Market dimension and forecast, by area
4.3.1. Key market traits, progress elements, and alternatives
4.3.2. Market dimension and forecast, by area
CHAPTER 5: SILicON METAL MARKET, BY APPLICATION
5.1.1. Market dimension and forecast
5.2. Aluminum Alloys
5.2.1. Key market traits, progress elements, and alternatives
5.2.2. Market dimension and forecast, by area
5.3.1. Key market traits, progress elements, and alternatives
5.3.2. Market dimension and forecast, by area
5.4.1. Key market traits, progress elements, and alternatives
5.4.2. Market dimension and forecast, by area
5.5.1. Key market traits, progress elements, and alternatives
5.5.2. Market dimension and forecast, by area
CHAPTER 6: SILicON METAL MARKET, BY REGION
6.2. North America
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1.1. Market participant positioning, 2019
7.2. Product Mapping Of High Gamers
7.3. Aggressive Heatmap
CHAPTER 8: COMPANY PROFILES:
8.1. Anyang Wanhua Steel Materials Co. Ltd.
8.1.1. Firm overview
8.1.2. Firm snapshot
8.1.3. Product Portfolio
8.2. Dow Inc.
8.2.1. Firm overview
8.2.2. Firm snapshot
8.2.3. Working enterprise segments
8.2.4. Product portfolio
8.2.5. Enterprise efficiency
8.3. Elkem ASA
8.3.1. Firm overview
8.3.2. Firm snapshot
8.3.3. Working enterprise segments
8.3.4. Product portfolio
8.3.5. Enterprise efficiency
8.4. Ferroglobe PLC
8.4.1. Firm overview
8.4.2. Firm snapshot
8.4.3. Working enterprise segments
8.4.4. Product portfolio
8.4.5. Enterprise efficiency
8.5. Hoshine Silicon Business Co. Ltd.
8.5.1. Firm overview
8.5.2. Firm snapshot
8.5.3. Product portfolio
8.5.4. Enterprise efficiency
8.6. Henan ALOY New Materials Co. Ltd.
8.6.1. Firm overview
8.6.2. Firm snapshot
8.6.3. Product portfolio
8.7.1. Firm overview
8.7.2. Firm snapshot
8.7.3. Product portfolio
8.8. Mississippi Silicon LLC
8.8.1. Firm overview
8.8.2. Firm snapshot
8.8.3. Product Portfolio
8.9. Shin-Etsu Chemical Co. Ltd.
8.9.1. Firm overview
8.9.2. Firm snapshot
8.9.3. Working enterprise segments
8.9.4. Product portfolio
8.9.5. Enterprise efficiency
8.10. United Firm RUSAL
8.10.1. Firm overview
8.10.2. Firm snapshot
8.10.3. Working enterprise segments
8.10.4. Product Portfolio
8.10.5. Enterprise efficiency
For extra details about this report go to https://www.researchandmarkets.com/r/ijssor
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