Silicon Monoxide Market - By Type (Gaseous, Solid [Powder, Granules]), Grade (High Purity, Technical Grade), Application (Coating, Electronic, Energy storage, Automotive, Aerospace) & Forecast, 2024 – 2032

Market size for silicon monoxide was USD 136.2 million in 2023 and is expected to register over 9.9% CAGR from 2024-2032 owing to the increasing demand for electronic devices, solar panels, and advanced ceramics worldwide.

Silicon monoxide industry from the solid silicon monoxide segment and is expected to reach USD 273.4 million by 2032 due to offering exceptional stability and conductivity, making it a preferred choice for battery technologies, semiconductor manufacturing, and ceramic production.

ACS Material, Jayu Optical Material Co.,Ltd, Lorad Chemical Corporation, Materion. Merck, Nanochemazone, Nanoshel LLC, OSAKA titanium technologies Co Ltd, Shenzhen rearth technology Co Ltd, and Thermo Fisher Scientific Inc., are some of the major silicon monoxide companies worldwide.

Asia Pacific industry is expected to reach USD 116.2 million by 2032 due to a robust manufacturing ecosystem, particularly in countries like China, Japan, and South Korea, which facilitates the large-scale production of silicon monoxide in the region.