Polysilicon market Size Statistics: 2019-2025 Value by Product, Grades, & Application
In the polysilicon market globally, solar PV is the fastest growing industry. Demand for PV is increasing rapidly worldwide due to consumer awareness clubbed with government incentives program.
Selbyville, United States – June 28, 2019 /MarketersMedia/ —
The Polysilicon Market size will witness a growing demand throughout the world with a substantially higher CAGR in the forecasted timespan. This is due to the rising demand in the market for fabrication of solar cells and electronic semiconductors. Initially in the electronic industry, polysilicon was used majorly in integrated circuits. The polysilicon market tendency has now reversed with increasing solar project installations.
The polysilicon market is majorly driven by the growth of semiconductor and photovoltaic industries. Growing demand in the semiconductor industry further enhances the use of polysilicon in the market. Polysilicon is the major element for PV solar panels worldwide and therefore leading to a rising demand of the product. Moreover, it is also used as a chief raw material for the manufacturing of electronic chips. Hence, rising demand for communication devices and semiconductors in data processing such as smartphones and tablets are driving the polysilicon market.
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High capital expenditure requirements for the establishment of polysilicon production plants restricts small players into the market making it a high entry barrier. This in turn discourages the polysilicon market growth. Companies operating in the polysilicon market have faced various challenges such as oversupply, anti-dumping regulations, declining prices and plant shutdowns. However due to the significant growth, the polysilicon market is projected to witness more profitability, price stability and balanced demand & supply scenario.
In the polysilicon market globally, solar PV is the fastest growing industry. Demand for PV is increasing rapidly worldwide due to consumer awareness clubbed with government incentives program. Also, the demand for PV is supported by government policies implemented to reduce the emission of carbon dioxide in countries such as Japan, China and the United States. These three countries jointly account for more than half of the solar PV market round the world.
The Polysilicon Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Polysilicon Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Polysilicon Market Product Insights
5. Polysilicon Market Application Insights
6. Polysilicon Market Regional Insights
7. Competitor Profiles
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Increasing product penetration in beverage bottles, food products, and cosmetic products will support the product development. The global beverage packaging market was worth over USD 100 billion in 2015. Governmental regulations to provide product and trade details on food & beverage products with ingredient and nutritional details will fuel the Polysilicon market growth.
Flexible packaging application will enhance the Polysilicon market as it is most suitable on flexible packs. Flexible packaging market spending was over USD 150 billion in 2015, at a CAGR of over 5% up to 2024. The global demand is estimated to witness significant gains owing to its substantial features such as brand identification, grading, instruction, and description. It indicates any tampering that occurs and enables barcode tracking, masking, surface protection, and UV protection.
1 Polysilicon Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Polysilicon Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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The global Polysilicon market share is highly competitive. 3M Company, E I du Pont de Nemours, Avery Dennison, Brady Corporation, Xerox Corporation, Cannon, Inc., Cenveo, Inc., and Henkel Ag & company are the major industry participants. Product innovations and product portfolio expansion are the major strategies adopted by the industry manufacturers.
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Name: Arun Hedge
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Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/polysilicon-market
Source: MarketersMedia
Release ID: 88890904
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