Silicon Metal Market (By Application – Aluminum, Silicones, Solar & Semiconductor. By Geography – North America, South America, Europe, Asia Pacific, Middle East and Africa.) - Global industry analysis, size, share, growth, trends and forecast, 2021 – 2031. Post-Covid Analysis
Report Type : Syndicate Report
The Global Silicon Metal Market was valued at $3.4 Billion in 2020. Growing at a high CAGR of more than 8.9% between 2021 and 2031, it is estimated to reach $8.7 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased production of aluminum all over the world is the main reason that will help to accelerate the growth of this market during the forecasted period.
Global Silicon Metal Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Silicon Metal Market has been segmented into the application. on the basis of application Global, Silicon Metal Market has been segmented into Aluminum, Silicones, Solar & Semiconductor.
By Region, Asia Pacific Is Holding The Major Market Share
The Global Silicon Metal Market has been geographically segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, Asia Pacific Global Silicon Metal Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. The presence of large aluminum and silicon production in this region has led this region to dominate the market during the upcoming forecasted period. Besides this North America is going to witness remarkable growth during the forecasted period.
Major Market Players in Global Silicon Metal Market
Some of the major market players in the Global Silicon Metal Market include Ferroglobe Plc, Dow DuPont, Elkem ASA, RIMA Group, Rusal, LIASA, Wacker Chemie AG, BlueStar Silicon Materials Co. Ltd., Minasligas, RW Silicium GmBH, Simcoa Operations Pty Ltd, Dow Inc., Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd.
Scope of the Report:
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Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 3.4 Billion |
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Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
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Forecast Period 2021 to 2031 CAGR: |
8.9% |
2031 Value Projection: |
US$ 8.7 Billion |
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Segments covered: |
By Application Type– Aluminum, Silicones, Solar & Semiconductor. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
Ferroglobe Plc, Dow DuPont, Elkem ASA, RIMA Group, Rusal, LIASA, Wacker Chemie AG, BlueStar Silicon Materials Co. Ltd., Minasligas, RW Silicium GmBH, Simcoa Operations Pty Ltd, Dow Inc., Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd. |
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The Global Silicon Metal Market Has Been Segmented Into:
Global Silicon Metal Market, By Application Type
- Aluminum
- Silicones
- Solar & Semiconductor
Global Silicon Metal Market, By Region Type
- North America
- USA
- Canada
- Mexico
- Rest of North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America, Middle East & Africa
- Brazil
- South Africa
- UAE
- Rest of LAMEA
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