Global Trichlorosilane Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24416651

Publishing Date : 25-Jul-2023

No. of pages : 108

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  • According to the latest research, the global Trichlorosilane market size was valued at USD 2292.79 million in 2022 and is expected to expand at a CAGR of -14.56% during the forecast period, reaching USD 892.24 million by 2028.

    Trichlorosilane is an inorganic compound with the formula HCl3Si. It is a colorless, volatile liquid. It is soluble in most organic solvents such as benzene and ether, with stable properties. Purified trichlorosilane is the principal precursor to ultrapure silicon in the semiconductor industry. In water, it rapidly decomposes to produce a silicone polymer while giving off hydrochloric acid. Because of its reactivity and wide availability, it is frequently used in the synthesis of silicon-containing organic compounds. It is the most basic monomer in organosilane coupling agents, and it is also the raw material for the production of semiconductor silicon and single crystal silicon.

    Assessment of the Overall Impact of COVID-19 on the Industry

    COVID-19 has an impact on the global economy. The COVID-19 epidemic spread to more than 210 countries and regions around the world in three months, affecting nearly 7 billion people. The coronavirus epidemic has impacted all aspects of human health, economic growth, social development, national security, and international relations. It is a comprehensive challenge. The epidemic has drastically reversed expectations of moderate growth in the world economy in early 2020. After the outbreak, the employment situation in various countries has become more severe. Global investors panic, triggering turmoil in the financial and capital markets. The epidemic has caused huge losses to related industries and international trade. From the perspective of the general background, exports, consumption, and investment are driving the economy. After the outbreak of the epidemic, consumption, exports, and investment have all been affected to some extent. Therefore, the global economic downturn is inevitable.

    More than one million lives have been lost to COVID-19 since the start of 2020 and the toll continues to rise. Many more have suffered a serious illness. Close to 90 million people are expected to fall into extreme deprivation this year. Compared with the IMF report released in June, the global economic contraction in 2020 will not be as severe as previously predicted. This revision reflects a better-than-expected economic recovery in the second quarter. Global growth is projected at 5.2 percent in 2021, a little lower than in the June 2020 WEO Update, reflecting the more moderate downturn projected for 2020 and consistent with expectations of persistent social distancing. This is the worst global recession in decades, despite the huge efforts of governments with the support of fiscal and monetary policies to deal with the economic downturn. But from a long-term perspective, it is expected that the severe recession caused by the pandemic will cause a prolonged economic depression by reducing investment. Should COVID-19 outbreaks persist, should restrictions on movement be extended or reintroduced, or should disruptions to economic activity be prolonged, the recession could be deeper. Businesses might find it hard to service debt, heightened risk aversion could lead to climbing borrowing costs, and bankruptcies and defaults could result in financial crises in many countries. Under such unfavorable circumstances, there will still be a possibility of a global decline in 2021. The global economic downturn caused by COVID-19 is not good for the development of any industry.
    The COVID-19 outbreak has brought many impacts, such as flight cancellations; travel bans and quarantine; restaurant closures; restrictions on all indoor activities. Many countries have declared a state of emergency due to COVID-19. The supply chain has slowed sharply, the stock market is full of unpredictability, business security has declined, public panic has increased, and the future is uncertain.
    For the trichlorosilane industry, the outbreak of COVID-19 has caused the break of the industrial chain. Some upstream manufacturers were forced to suspend production and work, and the supply of raw materials was insufficient. In the downstream market, market demand has declined due to the market downturn in the terminal industry. Because COVID-19 has caused workers to be unable to work normally, transportation of raw materials and products has been restricted, and trade has declined, many manufacturers have been forced to shut down some factories and reduce production capacity. Therefore, the outbreak of COVID-19 has adversely affected the trichlorosilane industry.
    Since 2021, the impact of COVID-19 has gradually diminished, and many companies have begun to resume production. The trichlorosilane industry maintains a high operating load, and the demand for photovoltaic grade trichlorosilane is growing rapidly. Driven by the rapid growth of photovoltaic demand, the trichlorosilane industry has shown a mismatched pattern of supply and demand, and prices have risen sharply. In the future, with the continuous development of global photovoltaic and other industries, the demand will increase rapidly, and the trichlorosilane industry is expected to enter a cycle of rising industry prosperity under the rapid development of photovoltaic and other industries.

    Industry Trend Analysis

    With the development of global economy and technology, trichlorosilane is driven by downstream market demand, the industry is developing rapidly, and the market continues to expand. As the global photovoltaic industry technology continues to advance and move toward higher-end areas, the supply and demand of trichlorosilane are tight, and prices are rising. The market demand for trichlorosilane is expected to have a large demand gap during the forecast period, especially in the past two years, and the industry has a good development prospect.
    Demand growth in the downstream market. From the perspective of downstream demand, trichlorosilane is mainly used to manufacture polysilicon and silane coupling agents. Terminal applications are mainly in industries such as electronics and automobiles. The global photovoltaic, new energy and other industries are developing rapidly. At the same time, the main downstream polysilicon industry of trichlorosilane is developing rapidly. Polysilicon is used as a direct raw material for photovoltaic, artificial intelligence, information processing, photoelectric conversion and other semiconductor industries, especially silicon wafers in the downstream photovoltaic industry. Recently, with the rapid development of the entire industry, there has been a rapidly increasing rigid demand for trichlorosilane. Benefiting from the high boom in 5G and chip raw materials, trichlorosilane products have broad prospects for development.
    The process of automated and intelligent production is accelerated. In recent years, with the rapid progress of global process technology, chemical production has gradually become automated and intelligent production. Trichlorosilane is a flammable and explosive chemical, and there are many risks in the production process. Automated production instead of labor will greatly reduce the risk in the production process.

    Region Overview:
    Asia Pacific had the highest growth rate of all regions.

    Company Overview:
    Dow Corning Corporation is one of the major players operating in the Trichlorosilane market, holding a share of 12.94% in 2022.

    Dow Silicones Corporation (formerly known as Dow Corning Corporation), is an American multinational corporation headquartered in Midland, Michigan, United States. Originally established as a joint venture between The Dow Chemical Company and Corning Incorporated, Dow bought out Corning and Dow Corning became a 100% Dow subsidiary. After a brief existence as a DowDuPont-owned company, as Dow spun out from DowDuPont on April 1, 2019, it is now wholly owned by Dow and specializes in silicone and silicon-based technology, and is the largest silicone product producer in the world. It sells more than 7,000 products, including various sealants, adhesives, rubbers, lubricants, silicone oils and solvents.

    Wacker Chemie AG is a German multinational chemical company. The company is controlled by the WACKER family, which holds more than 50% of the shares. The product range includes polymer products such as silicone rubber, ethylene vinyl acetate redispersible polymer powder, chemical materials, polysilicon and wafers in the semiconductor industry. The company's products are sold in more than 100 countries.
    WACKER is a technological leader in the chemical industry and manufactures products for all key global industries. It is active in the silicone, polymer, life sciences and polysilicon markets.

    Segmentation Overview:
    Among different product types, Hydrochlorinaton (HC) Process segment is anticipated to contribute the largest market share in 2027.

    Application Overview:
    By application, the Silane Coupling Agent segment occupied the biggest share from 2017 to 2022.

    This report elaborates on the market size, market characteristics, and market growth of the Trichlorosilane industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Trichlorosilane. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global Trichlorosilane Market Report Include:
    Market Size Estimates: Trichlorosilane market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: Trichlorosilane market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Trichlorosilane market
    Segment Market Analysis: Trichlorosilane market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: Trichlorosilane market situations and prospects in major and top regions and countries
    Trichlorosilane Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    Trichlorosilane Industry Chain: Trichlorosilane market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    Trichlorosilane Industry News, Policies by regions
    Trichlorosilane Industry Porters Five Forces Analysis

    Key players in the global Trichlorosilane market are covered in Chapter 2:
    Daqo New Energy
    Yichang CSG
    Evonik
    OCI
    Tangshan SunFar
    Wynca
    Dow Corning Corporation
    Asia Silicon
    Henan Shangyu
    Tokuyama
    Hemlock
    GCL
    Yongxiang Co
    Wacker

    In Chapter 6 and Chapter 9, on the basis of types, the Trichlorosilane market from 2018 to 2028 is primarily split into:
    Direct Chlorination (DC) Process
    Hydrochlorinaton (HC) Process

    In Chapter 7 and Chapter 10, on the basis of applications, the Trichlorosilane market from 2018 to 2028 covers:
    Silane Coupling Agent
    Polycrystalline Silicon
    Others

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Trichlorosilane market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the Trichlorosilane industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of Trichlorosilane market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the Trichlorosilane industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on Trichlorosilane market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the Trichlorosilane market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed Trichlorosilane market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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