Europe Polysilicon Market Size, Share & Trends Analysis Report By Application (Solar PV Multicrystalline Solar Panel, and Monocrystalline Solar Panel), and Electronics (Semiconductor), By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Polysilicon Market would witness market growth of 12.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 107.9 Kilo Tonnes, showcasing a growth of 10.8% (2019-2022).

Polysilicon is a primary raw material used in producing silicon wafers, which are the building blocks of semiconductors. Consumer electronics such as smartphones, laptops, and other electronic devices rely heavily on semiconductors. The demand for semiconductors is propelled by the proliferation of consumer electronics, including smartphones, tablets, notebooks, and smart appliances. It, is a key material in semiconductor manufacturing, experiences increased demand as the electronics industry expands.

Moreover, the deployment and expansion of 5G technology requires advanced semiconductor components. The higher data speeds and increased connectivity associated with 5G networks demand semiconductors with enhanced performance, leading to a higher demand for polysilicon. The growth of the Internet of Things, where various devices are interconnected, relies on semiconductors. The automotive industry increasingly relies on electronic components for various applications, including advanced driver assistance systems (ADAS), infotainment systems, and electric vehicle components. This trend boosts the demand for semiconductors and, consequently, polysilicon.

As per the data from Eurostat, the EU reached a 23.0 % share of its gross final energy consumption from renewable sources in 2022, around 1.1 percentage points (pp) higher than in 2021. EU Directive 2023/2413 on the promotion of energy from renewable sources has revised upwards the EU's 2030 renewable energy target from 32% to 42.5% (with an aim to increase it to 45%). Therefore, EU countries need to intensify their efforts to collectively comply with the new EU target for 2030, which requires increasing the share of renewable energy sources in the EU's gross final energy consumption by almost 20 pp. Thus, Europe's rising renewable energy sector will boost the demand for polysilicon in the region.

The Germany market dominated the Europe Polysilicon Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,476.6 Million by 2030. The UK market is exhibiting a CAGR of 11.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 13.4% during (2023 - 2030).

Based on Application, the market is segmented into Solar PV (Multicrystalline Solar Panel, and Monocrystalline Solar Panel), and Electronics (Semiconductor). Based on countries, the market is segmented into Germany, UK, France, Russia Netherlands, Italy, and Rest of Europe.

List of Key Companies Profiled

OCI Company Ltd.
Tokuyama Corporation
Wacker Chemie AG
REC Silicon ASA
GCL Technology Holdings Limited (Golden Concord Holding Limited)
Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C.
DAQO NEW ENERGY CORP.
Xinte Energy Co., Ltd (TEBA Co., Ltd.)
High-Purity Silicon America Corporation (SUMCO Corporation)
Mitsubishi Materials Corporation

Europe Polysilicon Market Report Segmentation

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

Solar PV
- Multicrystalline Solar Panel
- Monocrystalline Solar Panel
Electronics (Semiconductor)

By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)

Germany
UK
France
Russia
Netherlands
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Europe Polysilicon Market, by Application
- 1.4.2Europe Polysilicon Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Strategies Deployed in Polysilicon Market

Chapter 5.Europe Polysilicon Market, By Application

5.1Europe Solar PV Market, By Country
5.2Europe Polysilicon Market, By Solar PV Type
- 5.2.1Europe Multicrystalline Solar Panel Market, By Country
- 5.2.2Europe Monocrystalline Solar Panel Market, By Country
5.3Europe Electronics (Semiconductor) Market, By Country

Chapter 6.Europe Polysilicon Market, By Country

6.1Germany Polysilicon Market
- 6.1.1Germany Polysilicon Market, By Application
  - 6.1.1.1Germany Polysilicon Market, By Solar PV Type
6.2UK Polysilicon Market
- 6.2.1UK Polysilicon Market, By Application
  - 6.2.1.1UK Polysilicon Market, By Solar PV Type
6.3France Polysilicon Market
- 6.3.1France Polysilicon Market, By Application
  - 6.3.1.1France Polysilicon Market, By Solar PV Type
6.4Russia Polysilicon Market
- 6.4.1Russia Polysilicon Market, By Application
  - 6.4.1.1Russia Polysilicon Market, By Solar PV Type
6.5Netherlands Polysilicon Market
- 6.5.1Netherlands Polysilicon Market, By Application
  - 6.5.1.1Netherlands Polysilicon Market, By Solar PV Type
6.6Italy Polysilicon Market
- 6.6.1Italy Polysilicon Market, By Application
  - 6.6.1.1Italy Polysilicon Market, By Solar PV Type
6.7Rest of Europe Polysilicon Market
- 6.7.1Rest of Europe Polysilicon Market, By Application
  - 6.7.1.1Rest of Europe Polysilicon Market, By Solar PV Type

Chapter 7.Company Profiles

7.1OCI Company Ltd.
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4Research & Development Expenses
- 7.1.5Recent strategies and developments:
  - 7.1.5.1Partnerships, Collaborations, and Agreements:
  - 7.1.5.2Geographical Expansions:
- 7.1.6SWOT Analysis
7.2Tokuyama Corporation
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Research & Development Expenses
- 7.2.5Recent strategies and developments:
  - 7.2.5.1Partnerships, Collaborations, and Agreements:
- 7.2.6SWOT Analysis
7.3Wacker Chemie AG
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5Recent strategies and developments:
  - 7.3.5.1Geographical Expansions:
- 7.3.6SWOT Analysis
7.4REC Silicon ASA
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental Analysis
- 7.4.4Recent strategies and developments:
  - 7.4.4.1Partnerships, Collaborations, and Agreements:
- 7.4.5SWOT Analysis
7.5GCL Technology Holdings Limited (Golden Concord Holding Limited)
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5Recent strategies and developments:
  - 7.5.5.1Geographical Expansions:
- 7.5.6SWOT Analysis
7.6Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C.
- 7.6.1Company Overview
- 7.6.2SWOT Analysis
7.7DAQO NEW ENERGY CORP.
- 7.7.1Company Overview
- 7.7.2Financial Analysis
- 7.7.3Research & Development Expenses
- 7.7.4Recent strategies and developments:
  - 7.7.4.1Geographical Expansions:
- 7.7.5SWOT Analysis
7.8Xinte Energy Co., Ltd. (TEBA Co., Ltd.)
- 7.8.1Company Overview
- 7.8.2Recent strategies and developments:
  - 7.8.2.1Partnerships, Collaborations, and Agreements:
  - 7.8.2.2Geographical Expansions:
- 7.8.3SWOT Analysis
7.9High-Purity Silicon America Corporation (SUMCO Corporation)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Regional Analysis
- 7.9.4Research & Development Expenses
- 7.9.5SWOT Analysis
7.10.Mitsubishi Materials Corporation
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Regional Analysis
- 7.10.4Research & Development Expenses
- 7.10.5SWOT Analysis

LIST OF TABLES

TABLE 1Europe Polysilicon Market, 2019 - 2022, USD Million
TABLE 2Europe Polysilicon Market, 2023 - 2030, USD Million
TABLE 3Europe Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 4Europe Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 5Europe Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 6Europe Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 7Europe Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8Europe Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9Europe Solar PV Market, By Country, 2019 - 2022, USD Million
TABLE 10Europe Solar PV Market, By Country, 2023 - 2030, USD Million
TABLE 11Europe Solar PV Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12Europe Solar PV Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 14Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 15Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 16Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 17Europe Multicrystalline Solar Panel Market, By Country, 2019 - 2022, USD Million
TABLE 18Europe Multicrystalline Solar Panel Market, By Country, 2023 - 2030, USD Million
TABLE 19Europe Multicrystalline Solar Panel Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20Europe Multicrystalline Solar Panel Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21Europe Monocrystalline Solar Panel Market, By Country, 2019 - 2022, USD Million
TABLE 22Europe Monocrystalline Solar Panel Market, By Country, 2023 - 2030, USD Million
TABLE 23Europe Monocrystalline Solar Panel Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24Europe Monocrystalline Solar Panel Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25Europe Electronics (Semiconductor) Market, By Country, 2019 - 2022, USD Million
TABLE 26Europe Electronics (Semiconductor) Market, By Country, 2023 - 2030, USD Million
TABLE 27Europe Electronics (Semiconductor) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28Europe Electronics (Semiconductor) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29Europe Polysilicon Market, By Country, 2019 - 2022, USD Million
TABLE 30Europe Polysilicon Market, By Country, 2023 - 2030, USD Million
TABLE 31Europe Polysilicon Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32Europe Polysilicon Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33Germany Polysilicon Market, 2019 - 2022, USD Million
TABLE 34Germany Polysilicon Market, 2023 - 2030, USD Million
TABLE 35Germany Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 36Germany Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 37Germany Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 38Germany Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 39Germany Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 40Germany Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 41Germany Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 42Germany Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 43Germany Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 44Germany Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 45UK Polysilicon Market, 2019 - 2022, USD Million
TABLE 46UK Polysilicon Market, 2023 - 2030, USD Million
TABLE 47UK Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 48UK Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 49UK Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 50UK Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 51UK Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52UK Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53UK Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 54UK Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 55UK Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 56UK Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 57France Polysilicon Market, 2019 - 2022, USD Million
TABLE 58France Polysilicon Market, 2023 - 2030, USD Million
TABLE 59France Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 60France Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 61France Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 62France Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 63France Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 64France Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 65France Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 66France Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 67France Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 68France Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 69Russia Polysilicon Market, 2019 - 2022, USD Million
TABLE 70Russia Polysilicon Market, 2023 - 2030, USD Million
TABLE 71Russia Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 72Russia Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 73Russia Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 74Russia Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 75Russia Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76Russia Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77Russia Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 78Russia Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 79Russia Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 80Russia Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 81Netherlands Polysilicon Market, 2019 - 2022, USD Million
TABLE 82Netherlands Polysilicon Market, 2023 - 2030, USD Million
TABLE 83Netherlands Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 84Netherlands Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 85Netherlands Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 86Netherlands Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 87Netherlands Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 88Netherlands Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 89Netherlands Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 90Netherlands Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 91Netherlands Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 92Netherlands Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 93Italy Polysilicon Market, 2019 - 2022, USD Million
TABLE 94Italy Polysilicon Market, 2023 - 2030, USD Million
TABLE 95Italy Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 96Italy Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 97Italy Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 98Italy Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 99Italy Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 100Italy Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 101Italy Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 102Italy Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 103Italy Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 104Italy Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 105Rest of Europe Polysilicon Market, 2019 - 2022, USD Million
TABLE 106Rest of Europe Polysilicon Market, 2023 - 2030, USD Million
TABLE 107Rest of Europe Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 108Rest of Europe Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 109Rest of Europe Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 110Rest of Europe Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 111Rest of Europe Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 112Rest of Europe Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 113Rest of Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 114Rest of Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 115Rest of Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 116Rest of Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 117Key Information - OCI Company Ltd.
TABLE 118Key Information - Tokuyama Corporation
TABLE 119Key Information - Wacker Chemie AG
TABLE 120Key Information - REC Silicon ASA
TABLE 121Key Information - GCL Technology Holdings Limited
TABLE 122Key Information - Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C.
TABLE 123Key Information - DAQO NEW ENERGY CORP.
TABLE 124Key Information - Xinte Energy Co., Ltd.
TABLE 125Key Information - High-purity silicon america corporation
TABLE 126Key Information - Mitsubishi materials corporation

Europe Polysilicon Market Size, Share & Trends Analysis Report By Application (Solar PV Multicrystalline Solar Panel, and Monocrystalline Solar Panel), and Electronics (Semiconductor), By Country and Growth Forecast, 2023 - 2030