Market size in 2024 | US$ 2.84 billion |
Forecast Market size by 2030 | US$ 3.67 billion |
---|---|---|---|
Growth Rate | CAGR of 4.4% | Number of Pages | 205 Pages |
The Asia Pacific Metallurgical Silicon (MG-Si) market size was valued at US$ 2.84 billion in 2024 and is projected to reach US$ 3.67 billion by 2030, at a CAGR of 4.4% during the forecast period 2024-2030.
Metallurgical silicon (MG-Si) is a high-purity form of silicon used in the production of silicones, aluminum alloys, and as a raw material for polysilicon in the solar and electronics industries.
The Asia Pacific metallurgical silicon market is growing steadily, driven by demand from the aluminum, chemical, and solar industries. China dominates with a 70% market share, followed by India at 15% and Malaysia at 5%. In 2023, the chemical industry consumed 40% of total production for silicone manufacturing, with aluminum alloys at 30% and solar-grade polysilicon at 25%. The market experienced an 8% growth in demand from the electric vehicle sector for lightweight aluminum-silicon alloys. Key players include Hoshine Silicon Industry Co., Ltd. (China) and The Dow Chemical Company (USA), holding a combined 45% market share in the region. The industry is investing in energy-efficient production methods, with a 12% increase in R&D spending on arc furnace technologies in 2023. Challenges include environmental regulations on carbon emissions, leading to a 15% rise in costs for emission control systems. The trend towards solar energy has driven a 10% increase in high-purity MG-Si production for polysilicon feedstock. The market is benefiting from infrastructure development in emerging economies, with a 7% growth in demand for construction-related silicone products.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Metallurgical Silicon (MG-Si). The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Metallurgical Silicon (MG-Si), including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Metallurgical Silicon (MG-Si), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Metallurgical Silicon (MG-Si). This report contains market size and forecasts of Metallurgical Silicon (MG-Si) in Asia Pacific, including the following market information:
We surveyed the Metallurgical Silicon (MG-Si) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Purity: 98-99%
• Purity: 99%
• Aluminum Alloys
• Silicon Steel
• Silicon Chemicals
• Silicon Wafer Production
• Others (Including Solar Cells, Electronics, etc.)
• OCI Company Ltd., South Korea
• Elkem ASA, Norway
• Tokuyama Corporation, Japan
• Ferroglobe, United Kingdom
• Globe Specialty Metals, United States
• Hoshine Silicon Industry Co. Ltd., China
• Jiangxi Xinghuo Silicon Industry Co., Ltd., China
• REC Silicon, Norway
• Wacker Chemie AG, Germany
• Yunnan Yongchang Silicon Industry Co., Ltd., China
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Metallurgical Silicon (MG-Si) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Metallurgical Silicon (MG-Si) revenues share in Asia Pacific market, 2023 (%)
• Key companies Metallurgical Silicon (MG-Si) sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Metallurgical Silicon (MG-Si) sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Metallurgical Silicon (MG-Si)
• It describes present situation, historical background and future forecast
• Comprehensive data showing Metallurgical Silicon (MG-Si) capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Metallurgical Silicon (MG-Si) manufacturers
• Metallurgical Silicon (MG-Si) forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
Report Attributes | Report Details |
---|---|
Report Title | Asia Pacific Metallurgical Silicon (MG-Si) Market Research Report 2024-2030 |
Market size in 2024 | US$ 2.84 billion |
Forecast Market size by 2030 | US$ 3.67 billion |
Growth Rate | CAGR of 4.4% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Product Overview and Scope of Metallurgical Silicon (MG-Si)
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Purity: 98-99%
1.2.3 Purity: 99%
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Aluminum Alloys
1.3.3 Silicon Steel
1.3.4 Silicon Chemicals
1.3.5 Silicon Wafer Production
1.3.6 Others (Including Solar Cells, Electronics, etc.)
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 OCI Company Ltd., South Korea
8.1.1 OCI Company Ltd., South Korea Corporation Information
8.1.2 OCI Company Ltd., South Korea Product Portfolio
8.1.3 OCI Company Ltd., South Korea Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 OCI Company Ltd., South Korea Main Business and Markets Served
8.1.5 OCI Company Ltd., South Korea Recent Developments/Updates
8.2 Elkem ASA, Norway
8.2.1 Elkem ASA, Norway Corporation Information
8.2.2 Elkem ASA, Norway Product Portfolio
8.2.3 Elkem ASA, Norway Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Elkem ASA, Norway Main Business and Markets Served
8.2.5 Elkem ASA, Norway Recent Developments/Updates
8.3 Tokuyama Corporation, Japan
8.3.1 Tokuyama Corporation, Japan Corporation Information
8.3.2 Tokuyama Corporation, Japan Product Portfolio
8.3.3 Tokuyama Corporation, Japan Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Tokuyama Corporation, Japan Main Business and Markets Served
8.3.5 Tokuyama Corporation, Japan Recent Developments/Updates
8.4 Ferroglobe, United Kingdom
8.4.1 Ferroglobe, United Kingdom Corporation Information
8.4.2 Ferroglobe, United Kingdom Product Portfolio
8.4.3 Ferroglobe, United Kingdom Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Ferroglobe, United Kingdom Main Business and Markets Served
8.4.5 Ferroglobe, United Kingdom Recent Developments/Updates
8.5 Globe Specialty Metals, United States
8.5.1 Globe Specialty Metals, United States Corporation Information
8.5.2 Globe Specialty Metals, United States Product Portfolio
8.5.3 Globe Specialty Metals, United States Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Globe Specialty Metals, United States Main Business and Markets Served
8.5.5 Globe Specialty Metals, United States Recent Developments/Updates
8.6 Hoshine Silicon Industry Co. Ltd., China
8.6.1 Hoshine Silicon Industry Co. Ltd., China Corporation Information
8.6.2 Hoshine Silicon Industry Co. Ltd., China Product Portfolio
8.6.3 Hoshine Silicon Industry Co. Ltd., China Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Hoshine Silicon Industry Co. Ltd., China Main Business and Markets Served
8.6.5 Hoshine Silicon Industry Co. Ltd., China Recent Developments/Updates
8.7 Jiangxi Xinghuo Silicon Industry Co., Ltd., China
8.7.1 Jiangxi Xinghuo Silicon Industry Co., Ltd., China Corporation Information
8.7.2 Jiangxi Xinghuo Silicon Industry Co., Ltd., China Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Jiangxi Xinghuo Silicon Industry Co., Ltd., China Main Business and Markets Served
8.7.4 Jiangxi Xinghuo Silicon Industry Co., Ltd., China Recent Developments/Updates
8.8 REC Silicon, Norway
8.8.1 REC Silicon, Norway Corporation Information
8.8.2 REC Silicon, Norway Product Portfolio
8.8.3 REC Silicon, Norway Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 REC Silicon, Norway Main Business and Markets Served
8.8.5 REC Silicon, Norway Recent Developments/Updates
8.9 Wacker Chemie AG, Germany
8.9.1 Wacker Chemie AG, Germany Corporation Information
8.9.2 Wacker Chemie AG, Germany Product Portfolio
8.9.3 Wacker Chemie AG, Germany Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Wacker Chemie AG, Germany Main Business and Markets Served
8.9.5 Wacker Chemie AG, Germany Recent Developments/Updates
8.10 Yunnan Yongchang Silicon Industry Co., Ltd., China
8.10.1 Yunnan Yongchang Silicon Industry Co., Ltd., China Corporation Information
8.10.2 Yunnan Yongchang Silicon Industry Co., Ltd., China Product Portfolio
8.10.3 Yunnan Yongchang Silicon Industry Co., Ltd., China Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Yunnan Yongchang Silicon Industry Co., Ltd., China Main Business and Markets Served
8.10.5 Yunnan Yongchang Silicon Industry Co., Ltd., China Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Metallurgical Silicon (MG-Si)
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?