Global Silicon Metal Market 2024-2028

The silicon metal market is forecasted to grow by USD 2237.2 mn during 2023-2028, accelerating at a CAGR of 5.2% during the forecast period. The report on the silicon metal market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for aluminum-silicon alloys, increased use of polycrystalline silicon, and diverse applications of silicones.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.7%
CAGR	5.2%
Incremental Value	$2237.2 mn

Technavio's silicon metal market is segmented as below:

By Type

Metallurgy grade
Chemical grade

By Application

Aluminum alloys
Semiconductors
Solar panels
Stainless steel
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the investment opportunities in emerging economies as one of the prime reasons driving the silicon metal market growth during the next few years. Also, technological advancements in silicon industry and growing demand for silicon-based alloys will lead to sizable demand in the market.

The report on the silicon metal market covers the following areas:

Silicon metal market sizing
Silicon metal market forecast
Silicon metal market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silicon metal market vendors that include Anyang Wanhua Metal Material Co. Ltd., Dow Inc., Elkem ASA, Ferroglobe Plc, Henan Star Metallurgy Material Co. Ltd., Hoshine Silicon Industry Co. Ltd., Ligas de Aluminio S.A., Minasligas, Mississippi Silicon, Ningxia Darshan Silicon Industry Co. Ltd., PCC SE, RIMA INDUSTRIAL, RW silicium GmbH, Shin Etsu Chemical Co. Ltd., Simcoa Operations Pty Ltd., United Co. RUSAL, Wacker Chemie AG, Westbrook Resources Ltd., Wynca Group, and Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd.. Also, the silicon metal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43890

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Silicon Metal Market 2018 - 2022
- Historic Market Size - Data Table on Global Silicon Metal Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Metallurgy grade - Market size and forecast 2023-2028
- Chart on Metallurgy grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Metallurgy grade - Market size and forecast 2023-2028 ($ million)
- Chart on Metallurgy grade - Year-over-year growth 2023-2028 (%)
- Data Table on Metallurgy grade - Year-over-year growth 2023-2028 (%)
6.4 Chemical grade - Market size and forecast 2023-2028
- Chart on Chemical grade - Market size and forecast 2023-2028 ($ million)
- Data Table on Chemical grade - Market size and forecast 2023-2028 ($ million)
- Chart on Chemical grade - Year-over-year growth 2023-2028 (%)
- Data Table on Chemical grade - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
7.3 Aluminum alloys - Market size and forecast 2023-2028
- Chart on Aluminum alloys - Market size and forecast 2023-2028 ($ million)
- Data Table on Aluminum alloys - Market size and forecast 2023-2028 ($ million)
- Chart on Aluminum alloys - Year-over-year growth 2023-2028 (%)
- Data Table on Aluminum alloys - Year-over-year growth 2023-2028 (%)
7.4 Semiconductors - Market size and forecast 2023-2028
- Chart on Semiconductors - Market size and forecast 2023-2028 ($ million)
- Data Table on Semiconductors - Market size and forecast 2023-2028 ($ million)
- Chart on Semiconductors - Year-over-year growth 2023-2028 (%)
- Data Table on Semiconductors - Year-over-year growth 2023-2028 (%)
7.5 Solar panels - Market size and forecast 2023-2028
- Chart on Solar panels - Market size and forecast 2023-2028 ($ million)
- Data Table on Solar panels - Market size and forecast 2023-2028 ($ million)
- Chart on Solar panels - Year-over-year growth 2023-2028 (%)
- Data Table on Solar panels - Year-over-year growth 2023-2028 (%)
7.6 Stainless steel - Market size and forecast 2023-2028
- Chart on Stainless steel - Market size and forecast 2023-2028 ($ million)
- Data Table on Stainless steel - Market size and forecast 2023-2028 ($ million)
- Chart on Stainless steel - Year-over-year growth 2023-2028 (%)
- Data Table on Stainless steel - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Russia - Market size and forecast 2023-2028
- Chart on Russia - Market size and forecast 2023-2028 ($ million)
- Data Table on Russia - Market size and forecast 2023-2028 ($ million)
- Chart on Russia - Year-over-year growth 2023-2028 (%)
- Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.12 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Anyang Wanhua Metal Material Co. Ltd.
- Anyang Wanhua Metal Material Co. Ltd. - Overview
- Anyang Wanhua Metal Material Co. Ltd. - Product / Service
- Anyang Wanhua Metal Material Co. Ltd. - Key offerings
12.4 Dow Inc.
- Dow Inc. - Overview
- Dow Inc. - Business segments
- Dow Inc. - Key news
- Dow Inc. - Key offerings
- Dow Inc. - Segment focus
12.5 Elkem ASA
- Elkem ASA - Overview
- Elkem ASA - Business segments
- Elkem ASA - Key news
- Elkem ASA - Key offerings
- Elkem ASA - Segment focus
12.6 Ferroglobe Plc
- Ferroglobe Plc - Overview
- Ferroglobe Plc - Business segments
- Ferroglobe Plc - Key news
- Ferroglobe Plc - Key offerings
- Ferroglobe Plc - Segment focus
12.7 Hoshine Silicon Industry Co. Ltd.
- Hoshine Silicon Industry Co. Ltd. - Overview
- Hoshine Silicon Industry Co. Ltd. - Product / Service
- Hoshine Silicon Industry Co. Ltd. - Key offerings
12.8 Ligas de Aluminio S.A.
- Ligas de Aluminio S.A. - Overview
- Ligas de Aluminio S.A. - Product / Service
- Ligas de Aluminio S.A. - Key offerings
12.9 Minasligas
- Minasligas - Overview
- Minasligas - Product / Service
- Minasligas - Key offerings
12.10 Mississippi Silicon
- Mississippi Silicon - Overview
- Mississippi Silicon - Product / Service
- Mississippi Silicon - Key offerings
12.11 RIMA INDUSTRIAL
- RIMA INDUSTRIAL - Overview
- RIMA INDUSTRIAL - Product / Service
- RIMA INDUSTRIAL - Key offerings
12.12 RW silicium GmbH
- RW silicium GmbH - Overview
- RW silicium GmbH - Product / Service
- RW silicium GmbH - Key offerings
12.13 Simcoa Operations Pty Ltd.
- Simcoa Operations Pty Ltd. - Overview
- Simcoa Operations Pty Ltd. - Product / Service
- Simcoa Operations Pty Ltd. - Key offerings
12.14 United Co. RUSAL
- United Co. RUSAL - Overview
- United Co. RUSAL - Business segments
- United Co. RUSAL - Key news
- United Co. RUSAL - Key offerings
- United Co. RUSAL - Segment focus
12.15 Wacker Chemie AG
- Wacker Chemie AG - Overview
- Wacker Chemie AG - Business segments
- Wacker Chemie AG - Key news
- Wacker Chemie AG - Key offerings
- Wacker Chemie AG - Segment focus
12.16 Westbrook Resources Ltd.
- Westbrook Resources Ltd. - Overview
- Westbrook Resources Ltd. - Product / Service
- Westbrook Resources Ltd. - Key offerings
12.17 Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd.
- Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd. - Overview
- Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd. - Product / Service
- Zhejiang Kaihua Yuantong Silicon Industry Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations