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Published By:Zion <strong>Market</strong> Research<br />
<strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Global Industry Analysis, Size, Share,<br />
Growth, Trends, and Forecasts 2016–2024<br />
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<strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong><br />
Global <strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Overview<br />
In terms of mass, silicon is the 8th most common element in the cosmos and is the 2nd most plentiful<br />
element in the crust of the Earth. It is present naturally in the silicate minerals, comprising feldspar, mica,<br />
and silica, which are main constituents of common rocks such as sandstone and quartz. <strong>Silicon</strong> metal is<br />
a brittle, blue-grey lustrous, and hard semi-conductive metal that is utilized to construct steel, microchips,<br />
and solar cells, together with numerous other commodities. Owing to the properties such as<br />
machinability, high thermal conductivity, and high corrosion resistivity, silicon metal is extensively utilized<br />
to produce silicones, aluminum alloys, solar panels, and semiconductors. A key factor providing impetus<br />
to the growth of the silicon metal market is the constant mounting requirement for silicon metal for the<br />
manufacture of aluminum alloys that are utilized in the automotive, aerospace industries, and foundry.<br />
Global <strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Growth Factors<br />
When utilized with aluminum, the silicon enhances strength, castability, & hardness, and, thus, is utilized<br />
extensively in the manufacture of aluminum alloys. Moreover, they are also utilized to make silicon<br />
wafers and silicon compounds, which are utilized to create photovoltaic cells and semiconductors.<br />
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The alertness regarding renewable resources as valuable substitutes to fossil fuels and adverse<br />
consequences of the using fossils raising eyebrows have backed the notion of using solar panels in<br />
satellites, electrical fences, watches, and calculators. As silicon-based photovoltaic modules and solar<br />
panels are generated by using high purity polysilicon, the expansion of the worldwide silicon metal<br />
market can gain traction.<br />
Global <strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Segmentation
<strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong><br />
The worldwide silicon metal market is bifurcated on the basis of application and geography. The<br />
application segment of the silicon metal market is divided into silicones/silanes, aluminum alloys, solar<br />
panels, semiconductors, laboratory reagents, stainless steel, and others. Geographically, the worldwide<br />
silicon metal market can be divided into Latin America, North America, Europe, Asia Pacific, and Middle<br />
East & Africa.<br />
Global <strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Regional Analysis<br />
The huge investment prospects in Asia Pacific region are one of the major factors that will positively<br />
influence the growth of the silicon metal market in this region. The vigorous economic development and<br />
undeveloped infrastructure in this region’s remote areas and backing from governments for more<br />
renewable energy are the main factors for the implementation of renewable energy. Furthermore, the<br />
considerable fall in the price of solar energy technologies draws governments and businesses for<br />
choosing renewable energy. The increase in the setting up of solar energy panels will impel the<br />
requirement for silicon metal in the worldwide market.<br />
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Global <strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Competitive Players<br />
The dominant players in the worldwide silicon metal market consist of Zhejiang Kaihua Yuantong <strong>Silicon</strong>,<br />
Elkem, Pengcheng Guangfu, H.C. Starck, Neoplant, S+A Blackwell, Zhongcheng <strong>Silicon</strong>, RW silicium,<br />
Micron <strong>Metal</strong>s, and Minhang <strong>Silicon</strong>. Few other leading players in the silicon metal market are Dadi Zelin<br />
<strong>Silicon</strong>, ABSCO, Zhong Yu Jin Ming <strong>Silicon</strong>, CNPC Powder, Yinfeng <strong>Silicon</strong> Products, Mingrui Siliocon,<br />
Yafei Alloy, VestaSi, Sanhui Naihuo, Anyang Yuda <strong>Silicon</strong>, BAIDAO, and Jiuzhou <strong>Silicon</strong>.<br />
Global <strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong>: Regional Segment Analysis<br />
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North America<br />
The U.S.
<strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong><br />
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Europe<br />
The UK<br />
France<br />
Germany<br />
The Asia Pacific<br />
China<br />
Japan<br />
India<br />
Latin America<br />
Brazil<br />
The Middle East and Africa<br />
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<strong>Silicon</strong> <strong>Metal</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com
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