Silicon Tetrachloride Market Size, Share, Growth, Trends and Forecasts 2021-2030

The silicon tetrachloride market size is poised to grow by $ 3.32 billion by 2030 from $ 2.08 Billion in 2020, exhibiting a CAGR of 4.9% during the forecast period 2021-2030. The report provides many business organizations with the required information to proliferate their business’ reach within the global silicon tetrachloride market.

The report provides the overall revenue of this global market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year. The study will help users gain market insights, future trends, and growth prospects for forecast to 2030.

Silicon tetrachloride is the colorless inorganic fuming liquid and is used to produce high purity silicon. It can be produced by using several methods and compounds including chlorine, metal silicon, and coke among others. Moreover, it can be also produced as a byproduct after treating metallurgical grade silicon to form polysilicon. For each ton of polysilicon, 3-4 tons of silicon tetrachloride is generated. Polysilicon manufacturer’s further process the waste silicon tetrachloride generated and reuses it after processing. This saves the energy cost and raw material cost however, required an expensive set of machinery to process waste silicon tetrachloride.

Solar energy is the major consumer of silicon tetrachloride. Both of the industries are witnessing significant growth and is likely to aid the global silicon tetrachloride market. However, owing to its toxic nature, photovoltaic cell manufacturers are adopting alternative manufacturing processes including thin film-based solar cells which are likely to hamper the demand for silicon tetrachloride.

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Growth Factors:

Factors such as high demand for smartphones and other hand-held multimedia devices, growing demand for fiber optics, development of advanced communication equipment’s, increasing applications of fiberoptics in aerospace and oil and gas industries, high growth in the consumer electronics sector, growing semiconductor market, increasing market for solar PV, launch of 5G services are driving the growth of Silicon tetrachloridemarket.Moreover, increasing demand for fiber optics in the Asia Pacific regionisdriving the silicon tetrachloridemarket growth. Additionalfeatures that are expected to fuel this businessare integration of latest manufacturing technologies and growing investment by governments.

Silicon tetrachloride is the major source of pure silicon while manufacturing polysilicon for photovoltaic cells. Extracting silicon from silicon tetrachloride consumes much lower energy and cost as compared to silicon produced from raw silica. In addition to that, silicon tetrachloride is a byproduct of polysilicon manufacturing from metallurgical-grade silicon. For each ton of polysilicon, 3-4 tons of silicon tetrachloride is produced. Hence polysilicon manufacturers prefer silicon tetrachloride instead of raw silica to save on cost, energy, and time. Moreover, the government from various countries has enforced laws to prevent unauthorized dump of toxic silicon tetrachloride. For instance, in China, 98.5% silicon tetrachloride produced as a byproduct is required to be recycled which compels manufacturers to adopt silicon tetrachloride as a raw material for polysilicon production. Rising consumption of silicon tetrachloride for polysilicon manufacturing is the primary driver of the silicon tetrachloride market.

Report Highlights:

• Among the grade segment, electronics grade dominated the overall market in 2020. Silicone tetrachloride has major applications in the field of semiconductors and PV (photovoltaic) cells. Thus, electronics grade silicone tetrachloride captures the maximum share by grade segment.
• The polysilicon segment accounted for the major share of revenue in the derivatives segment with more than 67% share in 2020 due to high demand for polysilicon in electronics and solar photovoltaic industry. Polysilicon is a chief feedstock substance used for the manufacturing of solar cells in recent times.
• Chemical intermediate accounted for the largest revenue in the application segment. Silicon tetrachloride is used as an intermediary for manufacturing silicon-based commodity. Optic fiber preform segment is expected to grow at the highest growth rate through the estimate duration.
• Evonik Industries AG, Dow Corning (Dow), and Linde Plc accounted for a significant share of the global silicon tetrachloride market.

Regional Analysis:

The report includesinformation for Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. In 2020, the Asia Pacificregion dominated the worldwide market with a market share of higher than46%. China and India indicated the highest slice in Asia Pacific principallydue to high demand for fiber optics and high smartphone use. Moreover, launch of 5G connectivity and availability of large labor force also supported the high market portion of Asia Pacific. The Asia Pacific region is also projected to grow at the highest CAGR of around 5.3% in the estimate period due to increasing investment by key companies on latest technologies.

North America was the subsequent significant market chiefly due topresence of skilled professionals and early adoption of latest communication technologies. Presence of major companies in the North American region is also expected to lift the demand for Silicon tetrachloride in the anticipated time-span. Latin America and Middle East and African region will display noticeable growth.

Key Market Players and Strategies:

The key companies functioning in the worldwide silicon tetrachloride market are Momentive Performance Materials, Heraeus Holding, Linde Plc, Evonik Industries AG, Dow Corning (Dow), Air Products and Chemicals Inc., Tokuyama Chemicals (Zhejiang) CO. Ltd., OCI Co. Ltd., Shandong Xinlong Group Co. Ltd., Hubei Jingxing Service and Technology Co. Ltd., Air Liquide S.A., and American Elements among others.

Increased spending on research and development along with mergers, acquisition, and collaborations are the important strategies taken up by manufacturers operational in the global silicon tetrachloride market. Moreover, leading companies are investing heavily on research and development for the use of silicon tetrachloride in new sectors.

Major Market Segments Covered:

By Grade

• Technical Grade
• Electronics Grade

By Derivatives

• Fumed Silica
• Polysilicon

By Application

• Silicone Rubber
• Optic Fiber Preform
• Chemical Intermediate
• Others

By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)
  

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Silicon Tetrachloride Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Silicon Tetrachloride Market

5.1. Covid-19: Silicon Tetrachloride Industry Impact
5.2. Silicon Tetrachloride Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Silicon Tetrachloride Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Silicon Tetrachloride Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Silicon Tetrachloride Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. High demand for smartphones and other hand-held multimedia devices
6.1.1.2. Growing demand for fiber optics
6.1.2. Market Restraints
6.1.2.1. Safety & environmental concerns
6.1.3. Market Opportunities
6.1.3.1. Increasing market for solar PV
6.1.3.2. Launch of 5G services

Chapter 7. Global Silicon Tetrachloride Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Silicon Tetrachloride Market Revenue by Market Players (2016 -2019)
7.1.1.2. Silicon Tetrachloride Market Revenue Market Share by Market Players (2016 -2019)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Silicon Tetrachloride Market, By Grade

8.1. Silicon Tetrachloride Market, by Grade, 2017-2030
8.1.1. Technical Grade
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Electronics Grade
8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Silicon Tetrachloride Market, By Derivatives

9.1. Silicon Tetrachloride Market, by Application, 2017-2030
9.1.1. Fumed Silica
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Polysilicon
9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Silicon Tetrachloride Market, By Application

10.1. Silicon Tetrachloride Market, by Application, 2017-2030
10.1.1. Silicone Rubber
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Optic Fiber Preform
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Chemical Intermediate
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Silicon Tetrachloride Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Grade(2017-2030)
11.1.2. Market Revenue Forecast by Derivatives (2017-2030)
11.1.3. Market Revenue Forecast by Application (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Grade (2017-2030)
11.2.2. Market Revenue Forecast by Derivatives (2017-2030)
11.2.3. Market Revenue Forecast by Application (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Grade (2017-2030)
11.3.2. Market Revenue Forecast by Derivatives (2017-2030)
11.3.3. Market Revenue Forecast by Application (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Grade (2017-2030)
11.4.2. Market Revenue Forecast by Derivatives (2017-2030)
11.4.3. Market Revenue Forecast by Application (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Grade (2017-2030)
11.5.2. Market Revenue Forecast by Derivatives (2017-2030)
11.5.3. Market Revenue Forecast by Application (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)

Chapter 12. Company Profiles

12.1. Momentive Performance Materials
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Grade Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.1.4. Recent Developments and Strategies
12.2. Heraeus Holding
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Grade Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.2.4. Recent Developments and Strategies
12.3. Linde Plc
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Grade Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.3.4. Recent Developments and Strategies
12.4. Evonik Industries AG
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Grade Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.4.4. Recent Developments and Strategies
12.5. Dow Corning (Dow)
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Grade Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.5.4. Recent Developments and Strategies
12.6. Air Products and Chemicals Inc.
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Grade Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.6.4. Recent Developments and Strategies
12.7. Tokuyama Chemicals (Zhejiang) CO. Ltd.
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Grade Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.7.4. Recent Developments and Strategies
12.8. OCI Co. Ltd.
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Grade Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.8.4. Recent Developments and Strategies
12.9. Shandong Xinlong Group Co. Ltd.
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Grade Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.9.4. Recent Developments and Strategies
12.10. Hubei Jingxing Service and Technology Co. Ltd.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Grade Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.10.4. Recent Developments and Strategies
12.11. Air Liquide S.A.
12.11.1. Company Overview, Business Information, Regional Presence
12.11.2. Product Portfolio Analysis
12.11.2.1. Grade Details, Specification, Application
12.11.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.11.4. Recent Developments and Strategies
12.12. American Elements
12.12.1. Company Overview, Business Information, Regional Presence
12.12.2. Product Portfolio Analysis
12.12.2.1. Grade Details, Specification, Application
12.12.3. Revenue, Price, and Gross Margin (2016 - 2019)
12.12.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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