Global trichlorosilane market growth from 2019 to 2025 is driven by rising demand from polysilicon production using Siemens process in which trichlorosilane is used as a major feedstock. It is primarily utilized in manufacturing of silane coupling agents, silicone resins, intermediary material in the production of epitaxial wafers, polycrystalline silicone and organic chemical compounds.
Growth of solar industry is increasing the demand for photovoltaic products manufactured using polysilicon, which will augment the trichlorosilane market. Solar industry has witnessed around 109 GW of new capacity installations in 2018, which has resulted into installed capacity of 512 GW across the globe. Rise in solar PV installation worldwide is projected to spur the demand for polysilicon.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/4398
Rapid growth of semiconductor component manufacturing to meet increasing requirement from electronics industry is driving the demand for electronic grade polycrystalline silicon. Trichlorosilane is widely used for the deposition of epitactic silicon layers on silicon wafers during semiconductor production.
Growing demand for consumer electronics devices will require an increasing number of complex and smaller semiconductors. As a result, semiconductor manufacturing facilities are challenged to meet complex technology nodes which will further boost the demand for ultra-high purity polysilicon. Large scale production of electronic grade silicon consumes high volume of trichlorosilane for ease of purification to reach desired degree of purity.
Some of the major trichlorosilane market players including Wacker Chemie, Linde, Evonik are focused on mergers & acquisitions to expand their production capacities to meet rising demand for the trichlorosilane. The companies are increasingly investing in developing and optimizing production processes to achieve desired quantity and purity of the trichlorosilane.
Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat
The fluorinated ethylene propylene market is poised to rise from USD 690 million in 2018 to over USD 1200 million by 2025, according to a 2019 Global Market Insights, Inc. report. Rising demand for high-value compact & small-sized cars and SUVs owing to a growing middle class and rising disposab... Read More
The neopentyl glycol market revenue is set to reach a valuation of $1.5 billion by 2025, according to a 2019 Global Market Insights, Inc. report. Rising demand for powder coatings applications in automotive, aerospace, electronics and construction industry is expected to boost the market size in for... Read More
U.S. 99% based zirconium dioxide market demand regarding abrasive applications should witness a consumption of over 27.5 tons by 2025 pertaining to booming durable goods industry and rising investment in construction sector. It is extensively used in grinding wheels and coated abrasives, on account ... Read More