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Polysilicon Market Share

Report ID: GMI6787
Published Date: Sep 2023
Report Format: PDF

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Polysilicon Market Share

Some of the major industry players operating in the polysilicon market are

Wacker Chemie AG
OCI Company Ltd.
GCL-Poly Energy Holdings Ltd.
Tongwei Co., Ltd.
Daqo New Energy Corp.
Hemlock Semiconductor Corporation
Tokuyama Corporation
REC Silicon ASA
LDK Solar Co., Ltd.
Hanwha Solutions Corporation
Xinte Energy Co., Ltd.
Green Energy Technology Inc.
Wuxi Suntech Power Co., Ltd.
Asia Silicon (Qinghai) Co., Ltd.
Yunnan Metallurgical Xinli Titanium Industry Co.Ltd.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for polysilicon was around USD 12.4 billion in 2023 and is estimated to reach USD 34.4 billion by the end of 2032.

Photovoltaic solar cells segment is anticipated to record around 13.1% CAGR from 2023 to 2032 owing to the solar energy incentives, subsidies, and policies that encourage the adoption of solar power.

U.S. market size for polysilicon was around USD 0.6 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 attributed to the growing EV demand, that requires advanced power electronics and semiconductor devices, which rely on polysilicon.

Wacker Chemie AG, OCI Company Ltd., GCL-Poly Energy Holdings Ltd., Tongwei Co., Ltd., Daqo New Energy Corp., Hemlock Semiconductor Corporation, Tokuyama Corporation, REC Silicon ASA, LDK Solar Co., Ltd., and Hanwha Solutions Corporation.