Polysilicon Market:Polysilicon Co. Ltd., Active Solar Energietechnik GmbH, TBEA Co. Ltd, DAQO New Energy Corporation, SunEdison Inc., Hemlock Semiconductor Group, LDK Solar Co. Ltd

Asia Pacific in 2015, had occupied a major chunk of share of the polysilicon market owing to high growth of the solar energy sector, high GDP growth rates, technological advancements and ever increasing demand for consumer electronics. Some of the major producers of polysilicon are South Korea, Japan and China. North America also held significant share which is projected to grow at a high CAGR in the forecasted period. The Central & South America is anticipated to grow at a phenomenal CAGR on account of major PV installation projects over the next few years in countries such as Honduras, Brazil and Chile.

Also, due to the forthcoming clean energy projects in various countries, the photovoltaic segment is expected to witness exponential growth. The end user industries dominate this extremely application based market. In the solar cell applications, polysilicon is widely used as a feedstock.

Request for table of contents of this [email protected]
 https://www.gminsights.com/request-toc/upcoming/1265

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.

Asia Pacific in 2015, had occupied a major chunk of share of the polysilicon market owing to high growth of the solar energy sector, high GDP growth rates, technological advancements and ever increasing demand for consumer electronics. Some of the major producers of polysilicon are South Korea, Japan and China. North America also held significant share which is projected to grow at a high CAGR in the forecasted period. The Central & South America is anticipated to grow at a phenomenal CAGR on account of major PV installation projects over the next few years in countries such as Honduras, Brazil and Chile.

Producers use different technologies for production depending on the scale of production and end-use application. For polysilicon market, the siemens process and fluidized bed reactor (FBR) are the two main production techniques used in the production of polycrystalline silicon(poly-si). Also, the manufacturing of solar grade silicon (SG-Si) by using the FBR technology remains the most effective way for producing 8N purity poly-si. FBR process enables SG-Si manufacturing at low cost and also reduces the energy consumption by nearly 80%. Polysilicon is one of the essential element for the manufacture of solar wafers.

Browse Complete Summary of this report @
 https://www.gminsights.com/industry-analysis/polysilicon-market

The major players operating in polysilicon market include Woongjin Polysilicon Co. Ltd., Active Solar Energietechnik GmbH, TBEA Co. Ltd, DAQO New Energy Corporation, SunEdison Inc., Hemlock Semiconductor Group, LDK Solar Co. Ltd., Tokuyama Corporation, Rec Silicon, OIC Chemical, GCL-Poly, and Wacker Chemie AG to name a few.

In 2015, Asia-Pacific region was the market leader in terms of market share and is projected to continue the position in the forecasted timeframe. This is due to the rising growth of electronics and PV manufacturing industries in this region.