by According to precedence Research, the silicon tetrachloride market size is forecasted to hit around US$ 3.35 billion by 2030, growing at a 4.9% CAGR from 2021 to 2030.
Silicon tetrachloride is the colorless inorganic fuming liquid and is used to produce high purity silicon. It can be produced by using several methods and compounds including chlorine, metal silicon, and coke among others. Moreover, it can be also produced as a byproduct after treating metallurgical grade silicon to form polysilicon. For each ton of polysilicon, 3-4 tons of silicon tetrachloride is generated. Polysilicon manufacturer’s further process the waste silicon tetrachloride generated and reuses it after processing. This saves the energy cost and raw material cost however, required an expensive set of machinery to process waste silicon tetrachloride.
Solar energy is the major consumer of silicon tetrachloride. Both of the industries are witnessing significant growth and is likely to aid the global silicon tetrachloride market. However, owing to its toxic nature, photovoltaic cell manufacturers are adopting alternative manufacturing processes including thin film-based solar cells which are likely to hamper the demand for silicon tetrachloride.
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Market Estimations Y-O-Y:
- Market Size Was Valued In 2021: US$ 2.18 Billion
- Market Size Is Projected to Grow By 2022: US$ 2.28 Billion
- Market Size Is Projected to Grow By 2023: US$ 2.39 Billion
- Market Size Is Projected to Grow By 2024: US$ 2.51 Billion
- Market Size Is Projected to Grow By 2025: US$ 2.63 Billion
- Market Size Is Projected to Grow By 2026: US$ 2.76 Billion
- Market Size Is Projected to Grow By 2027: US$ 2.90 Billion
- Market Size Is Projected to Grow By 2028: US$ 3.04 Billion
- Market Size Is Projected to Grow By 2029: US$ 3.19 Billion
- Market Size Is Projected to Grow By 2030: US$ 3.35 Billion
- Compound Annual Growth Rate (CAGR) from 2021 to 2030: 4.9 percent
Growth Factors:
Factors such as high demand for smartphones and other hand-held multimedia devices, growing demand for fiber optics, development of advanced communication equipment’s, increasing applications of fiberoptics in aerospace and oil and gas industries, high growth in the consumer electronics sector, growing semiconductor market, increasing market for solar PV, launch of 5G services are driving the growth of Silicon tetrachloridemarket.Moreover, increasing demand for fiber optics in the Asia Pacific regionisdriving the silicon tetrachloridemarket growth. Additionalfeatures that are expected to fuel this businessare integration of latest manufacturing technologies and growing investment by governments.
Silicon tetrachloride is the major source of pure silicon while manufacturing polysilicon for photovoltaic cells. Extracting silicon from silicon tetrachloride consumes much lower energy and cost as compared to silicon produced from raw silica. In addition to that, silicon tetrachloride is a byproduct of polysilicon manufacturing from metallurgical-grade silicon. For each ton of polysilicon, 3-4 tons of silicon tetrachloride is produced. Hence polysilicon manufacturers prefer silicon tetrachloride instead of raw silica to save on cost, energy, and time. Moreover, the government from various countries has enforced laws to prevent unauthorized dump of toxic silicon tetrachloride. For instance, in China, 98.5% silicon tetrachloride produced as a byproduct is required to be recycled which compels manufacturers to adopt silicon tetrachloride as a raw material for polysilicon production. Rising consumption of silicon tetrachloride for polysilicon manufacturing is the primary driver of the silicon tetrachloride market.
COVID-19 Impact:
The industrial report mentions the influence of the ongoing COVID-19 pandemic. The outbreak has caused disturbances in several industries and has hammered the logistics, resulting in delayed deliveries and cancellation of product demand. The silicon tetrachloride report proficiently explains the resulting factors and concerns of manufacturers. Researchers have also well-explained how the producers and providers will tackle the ongoing epidemic and the key strategies to be adopted post-pandemic for turning their businesses back to normal.
Report Highlights:
- Among the grade segment, electronics grade dominated the overall market in 2020. Silicone tetrachloride has major applications in the field of semiconductors and PV (photovoltaic) cells. Thus, electronics grade silicone tetrachloride captures the maximum share by grade segment.
- The polysilicon segment accounted for the major share of revenue in the derivatives segment with more than 67% share in 2020 due to high demand for polysilicon in electronics and solar photovoltaic industry. Polysilicon is a chief feedstock substance used for the manufacturing of solar cells in recent times.
- Chemical intermediate accounted for the largest revenue in the application segment. Silicon tetrachloride is used as an intermediary for manufacturing silicon-based commodity. Optic fiber preform segment is expected to grow at the highest growth rate through the estimate duration.
- Evonik Industries AG, Dow Corning (Dow), and Linde Plc accounted for a significant share of the global silicon tetrachloride market.
Regional Analysis:
The report includesinformation for Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. In 2020, the Asia Pacificregion dominated the worldwide market with a market share of higher than46%. China and India indicated the highest slice in Asia Pacific principallydue to high demand for fiber optics and high smartphone use. Moreover, launch of 5G connectivity and availability of large labor force also supported the high market portion of Asia Pacific. The Asia Pacific region is also projected to grow at the highest CAGR of around 5.3% in the estimate period due to increasing investment by key companies on latest technologies.
North America was the subsequent significant market chiefly due topresence of skilled professionals and early adoption of latest communication technologies. Presence of major companies in the North American region is also expected to lift the demand for Silicon tetrachloride in the anticipated time-span. Latin America and Middle East and African region will display noticeable growth.
Key Players:
The silicon tetrachloride market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.
Some of the prominent players in the silicon tetrachloride market include:
- Momentive Performance Materials
- Heraeus Holding
- Linde Plc
- Evonik Industries AG
- Dow Corning (Dow)
- Air Products and Chemicals Inc.
- Tokuyama Chemicals (Zhejiang) CO. Ltd.
- OCI Co. Ltd.
- Shandong Xinlong Group Co. Ltd.
- Hubei Jingxing Service and Technology Co. Ltd.
- Air Liquide S.A.
- American Elements
In order to well recognize the present status of silicon tetrachloride, and policies implemented by the foremost nations, Precedence Research projected the future progress of the silicon tetrachloride market. This research report bids quantitative and qualitative insights on silicon tetrachloride market and valuation of market size and progress trend for probable market segments.
Major Market Segments Covered:
By Grade
- Technical Grade
- Electronics Grade
By Derivatives
- Fumed Silica
- Polysilicon
By Application
- Silicone Rubber
- Optic Fiber Preform
- Chemical Intermediate
- Others
By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- United Kingdom
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Silicon Tetrachloride Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Silicon Tetrachloride Market
5.1. Covid-19: Silicon Tetrachloride Industry Impact
5.2. Silicon Tetrachloride Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Silicon Tetrachloride Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Silicon Tetrachloride Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Silicon Tetrachloride Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. High demand for smartphones and other hand-held multimedia devices
6.1.1.2. Growing demand for fiber optics
6.1.2. Market Restraints
6.1.2.1. Safety & environmental concerns
6.1.3. Market Opportunities
6.1.3.1. Increasing market for solar PV
6.1.3.2. Launch of 5G services
Chapter 7. Global Silicon Tetrachloride Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Silicon Tetrachloride Market Revenue by Market Players (2017 -2021)
7.1.1.2. Silicon Tetrachloride Market Revenue Market Share by Market Players (2017 -2021)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Silicon Tetrachloride Market, By Grade
8.1. Silicon Tetrachloride Market, by Grade, 2017-2030
8.1.1. Technical Grade
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Electronics Grade
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Silicon Tetrachloride Market, By Derivatives
9.1. Silicon Tetrachloride Market, by Application, 2017-2030
9.1.1. Fumed Silica
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Polysilicon
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Silicon Tetrachloride Market, By Application
10.1. Silicon Tetrachloride Market, by Application, 2017-2030
10.1.1. Silicone Rubber
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Optic Fiber Preform
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Chemical Intermediate
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Silicon Tetrachloride Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Grade(2017-2030)
11.1.2. Market Revenue Forecast by Derivatives (2017-2030)
11.1.3. Market Revenue Forecast by Application (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Grade (2017-2030)
11.2.2. Market Revenue Forecast by Derivatives (2017-2030)
11.2.3. Market Revenue Forecast by Application (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Grade (2017-2030)
11.3.2. Market Revenue Forecast by Derivatives (2017-2030)
11.3.3. Market Revenue Forecast by Application (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Grade (2017-2030)
11.4.2. Market Revenue Forecast by Derivatives (2017-2030)
11.4.3. Market Revenue Forecast by Application (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Grade (2017-2030)
11.5.2. Market Revenue Forecast by Derivatives (2017-2030)
11.5.3. Market Revenue Forecast by Application (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)
Chapter 12. Company Profiles
12.1. Momentive Performance Materials
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Grade Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.1.4. Recent Developments and Strategies
12.2. Heraeus Holding
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Grade Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.2.4. Recent Developments and Strategies
12.3. Linde Plc
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Grade Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.3.4. Recent Developments and Strategies
12.4. Evonik Industries AG
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Grade Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.4.4. Recent Developments and Strategies
12.5. Dow Corning (Dow)
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Grade Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.5.4. Recent Developments and Strategies
12.6. Air Products and Chemicals Inc.
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Grade Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.6.4. Recent Developments and Strategies
12.7. Tokuyama Chemicals (Zhejiang) CO. Ltd.
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Grade Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.7.4. Recent Developments and Strategies
12.8. OCI Co. Ltd.
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Grade Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.8.4. Recent Developments and Strategies
12.9. Shandong Xinlong Group Co. Ltd.
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Grade Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.9.4. Recent Developments and Strategies
12.10. Hubei Jingxing Service and Technology Co. Ltd.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Grade Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.10.4. Recent Developments and Strategies
12.11. Air Liquide S.A.
12.11.1. Company Overview, Business Information, Regional Presence
12.11.2. Product Portfolio Analysis
12.11.2.1. Grade Details, Specification, Application
12.11.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.11.4. Recent Developments and Strategies
12.12. American Elements
12.12.1. Company Overview, Business Information, Regional Presence
12.12.2. Product Portfolio Analysis
12.12.2.1. Grade Details, Specification, Application
12.12.3. Revenue, Price, and Gross Margin (2017 – 2021)
12.12.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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