Selbyville, Delaware, Oct. 21, 2019 (GLOBE NEWSWIRE) --
Global trichlorosilane market growth from 2019 to 2025 is driven by rising demand from polysilicon production using Siemens process in which trichlorosilane is used as a major feedstock. It is primarily utilized in manufacturing of silane coupling agents, silicone resins, intermediary material in the production of epitaxial wafers, polycrystalline silicone and organic chemical compounds.
Growth of solar industry is increasing the demand for photovoltaic products manufactured using polysilicon, which will augment the trichlorosilane market. Solar industry has witnessed around 109 GW of new capacity installations in 2018, which has resulted into installed capacity of 512 GW across the globe. Rise in solar PV installation worldwide is projected to spur the demand for polysilicon.
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Rapid growth of semiconductor component manufacturing to meet increasing requirement from electronics industry is driving the demand for electronic grade polycrystalline silicon. Trichlorosilane is widely used for the deposition of epitactic silicon layers on silicon wafers during semiconductor production.
Growing demand for consumer electronics devices will require an increasing number of complex and smaller semiconductors. As a result, semiconductor manufacturing facilities are challenged to meet complex technology nodes which will further boost the demand for ultra-high purity polysilicon. Large scale production of electronic grade silicon consumes high volume of trichlorosilane for ease of purification to reach desired degree of purity.
Some of the major trichlorosilane market players including Wacker Chemie, Linde, Evonik are focused on mergers & acquisitions to expand their production capacities to meet rising demand for the trichlorosilane. The companies are increasingly investing in developing and optimizing production processes to achieve desired quantity and purity of the trichlorosilane.
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The U.S. is the world’s second largest solar power market and installed 10.6 GW of new PV systems in 2018. New installed capacity in the country is expected to increase by 14% to 12 GW in 2019. In addition, the country is expected to witness 113% growth in its cumulative installed capacity from 62.1 GW in 2018 to 132.4 GW by 2023. Growth of solar PV installations across the U.S. is projected to spur PCS demand thereby driving the trichlorosilane market size.
China is the largest manufacturing hub for semiconductor component manufacturing industries in Asia and across the globe. Increasing investment by polycrystalline silicon manufacturers in expansion of their production facilities in China have positive impact on the trichlorosilane market growth.
Browse key industry insights spread across 130 pages with 116 market data tables and 21 figures & charts from the report, “Trichlorosilane Market By Production Process (Hydrochlorination, Direct Chlorination), Application (Silane Coupling Agent, Polycrystalline Silicon), Regional Analysis, Price Trends, Competitive Market Share & Forecast 2025” in detail along with the table of contents:
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Table of Contents (ToC) of the report:
Chapter 3 Trichlorosilane Market Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/Partnerships
3.3.2.2 Distributors
3.4 Innovation & Sustainability
3.5 Regulatory landscape
3.6 Raw material analysis
3.7 Technology landscape
3.8 Cost structure analysis
3.9 Pricing analysis
3.10 Industry impact forces
3.10.1 Growth drivers
3.10.1.1 North America: Growing demand for trichlorosilane in manufacturing of polysilicon driven by growth of solar energy and semiconductor industry
3.10.1.2 Asia Pacific: Increasing investment in the semiconductor and solar PV manufacturing industry
3.10.2 Industry pitfalls & challenges
3.10.2.1 Regulatory scenario and weaker trends in emerging economies
3.11 Growth potential analysis, 2018
3.11.1 Emerging business model
3.11.1.1 Collaboration/Joint ventures
3.11.1.2 Acquisitions
3.12 Porter’s analysis
3.13 Competitive landscape, 2018
3.13.1 Company market share analysis, 2018
3.13.2 Strategy dashboard
3.14 PESTEL analysis
Browse Complete Table of Contents (ToC) @
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