Global Silicon Metal Market Price in Global Analysis and Research Report
Global Silicon Metal Market include The top players in the global silicon metal market include Dow Corning Corporation, RIMA Group, MINASLIGAS, Ferroglobe PLC, Simcoa Operations Pty Ltd., Wacker Chemie AG, Yunnan Yongchang Silicon Industry Co., Ltd., Wynca Group, China National Bluestar (Group) Co, Ltd., and RW Silicium GmbH.
The metal Silicon is derived from quartz (SiO2) and is the second most abundant element after oxygen. More than one-third of the electronic devices contain silicon due to its excellent semiconducting properties. Silicon is also used in the manufacturing of cements, mortars, ceramics, glass, polymers, solar cells, and microchips.
The global silicon metal market is expected to grow at a CAGR of 5.1% from 2017 to 2025.
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The global silicon metal market is segmented based on application and geography. Application-based classification of the silicon metal market yields aluminum alloys, silicones/silanes, semiconductors, and solar panels. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
Key point from Table
6. Company profiles
6.1. Dow Corning Corporation
6.1.1. Overview
6.1.2. Financials and business segments
6.1.3. Recent Developments
6.2. RIMA Group
6.2.1. Overview
6.2.2. Financials and business segments
6.2.3. Recent Developments
6.3. MINASLIGAS
6.3.1. Overview
6.3.2. Financials and business segments
6.3.3. Recent Developments
6.4. Ferroglobe PLC
6.4.1. Overview
6.4.2. Financials and business segments
6.4.3. Recent Developments
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Market Dynamics:
Drivers:
- Increasing application of aluminum alloys in automotive, aerospace, and marine industries is expected to drive the silicon metal market.
- Growth of electronic industry in the Asia-Pacific region is leading to a rise in the market.
Restraints:
- High dependency on power costs, transportation, unavailability of raw materials, and production costs have hampered growth of the silicon metal market.
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