What is Polysilicon Rod Market?
Polysilicon rod or polycrystalline silicon is a high purity, polycrystalline form of silicon, used as a raw material by the solar photovoltaic and electronics industry. It has an ultra-pure form of silicon that has great insulating properties and temperature resistance. It has numerous applications such as gate electrodes, capacitor plate electrodes, interconnects and hard masks during etching. The factors such as Increased Applications of the Polysilicon Rod and High Demand for Solar Battery Applications are driving the polysilicon rod market.
The market study is being classified, by Application (Semiconductor , Solar Battery and Others ) and major geographies with country level break-up.
Wacker Chemie AG (Germany) , Hemlock Semiconductor Corporation (United States), OCI (Korea), REC Silicon (Norway), SunEdison, Inc. (United States) and Sichuan Yongxiang Co. Ltd. (China) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Polysilicon Rod market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Polysilicon Rod market by Type, Application and Region.
On the basis of geography, the market of Polysilicon Rod has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Applications of the Polysilicon Rod
- High Demand for Solar Battery Applications
Market Trend
- Robust Increase in the Distribution Channels
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growing Demand from End-users
- Opportunities in the Developing Regions
Challenges
- Lack of Skilled Professionals
In September 2020, The U.S. polysilicon manufacturer Hemlock Semiconductor has acquired DuPont’s trichlorosilane business, in a move that will help it cut production costs and control supply.
Key Target Audience
Polysilicon Rod Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users