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Report
Global Silicon Tetrachloride Market Report and Forecast 2024-2032
Market Report I 2023-11-21 I 144 Pages I EMR Inc.
Global Silicon Tetrachloride Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global silicon tetrachloride market is projected to grow at a CAGR of 4% between 2024 and 2032 reaching a value of approximate USD 3.47 billion by 2032. Aided by rising demand for optical fibre and rising demand for high purity silicon and silica, the market is expected to grow significantly by 2032.
Silicon tetrachloride, a colourless inorganic compound, is widely used as an intermediate in producing high-purity silicon. This is predominantly in the electronic industry where high-purity silicon is an essential component for semiconductor devices. However, a significant portion of silicon tetrachloride demand is generated from the optical fibre industry, where it is used in the production of preforms, the primary raw material for drawing optical fibres. The role of optical fibres in the ever-expanding telecommunications sector is paramount, offering rapid signal transmission with minimal loss.
The burgeoning telecommunications industry, particularly in developing regions, is a pivotal factor boosting the silicon tetrachloride market size. As nations aim to increase their broadband penetration and upgrade their telecommunications infrastructure, the demand for optical fibres, and by extension silicon tetrachloride, is expected to witness a robust growth. Additionally, the increasing adoption of 5G technology is poised to support this demand further.
Silicon tetrachloride also finds applications in the chemical industry as a chlorinating agent. It is utilised in the production of organochlorine compounds, a segment that has been witnessing steady growth, thereby bolstering the silicon tetrachloride market demand.
However, it is not just the telecommunication and chemical sectors that contribute to the upward trajectory of the market for silicon tetrachloride. The compound has niche applications in the solar industry as well. With the increasing global focus on sustainable energy sources and reducing carbon footprints, the solar industry has been on a significant upswing. Silicon tetrachloride plays a role in manufacturing specific types of solar cells, adding another dimension to the silicon tetrachloride market expansion.
Significant investments are being channelled into research and development to develop safer handling and storage solutions. Additionally, there is a focus on establishing sustainable production methods that minimise environmental impact, which could serve as a market differentiator in the coming years. As the telecommunications, chemical, and solar industries continue to flourish, the silicon tetrachloride market demand is expected to surge over the forecast period.
Market Segmentation
The market can be divided based on application and region.
Market Breakup by Application
- Chemical Intermediate
- Semiconductors
- Photovoltaic Cells
- Optical Fibre
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the major companies operating in the global silicon tetrachloride market. Some of the key players explored in the report by Expert Market Research are as follows:
- Evonik Industries AG
- Air Products and Chemicals, Inc
- Momentive Specialty Chemicals Inc.
- Shandong Xinlong Group
- Merck KGaA
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Silicon Tetrachloride Market Analysis
8.1 Key Industry Highlights
8.2 Global Silicon Tetrachloride Historical Market (2018-2023)
8.3 Global Silicon Tetrachloride Market Forecast (2024-2032)
8.4 Global Silicon Tetrachloride Market by Application
8.4.1 Chemical Intermediate
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Semiconductors
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Photovoltaic Cells
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Optical Fiber
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Silicon Tetrachloride Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Silicon Tetrachloride Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Silicon Tetrachloride Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Silicon Tetrachloride Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Silicon Tetrachloride Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Silicon Tetrachloride Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Evonik Industries AG
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Air Products and Chemicals, Inc
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Momentive Specialty Chemicals Inc.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Shandong Xinlong Group
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Merck KGaA
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Key Figures and Tables
1. Global Silicon Tetrachloride Market: Key Industry Highlights, 2018 and 2032
2. Global Silicon Tetrachloride Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global Silicon Tetrachloride Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global Silicon Tetrachloride Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Silicon Tetrachloride Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. North America Silicon Tetrachloride Historical Market: Breakup by Country (USD Billion), 2018-2023
7. North America Silicon Tetrachloride Market Forecast: Breakup by Country (USD Billion), 2024-2032
8. Europe Silicon Tetrachloride Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Europe Silicon Tetrachloride Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Asia Pacific Silicon Tetrachloride Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Asia Pacific Silicon Tetrachloride Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Latin America Silicon Tetrachloride Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Latin America Silicon Tetrachloride Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Middle East and Africa Silicon Tetrachloride Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Middle East and Africa Silicon Tetrachloride Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. North America Historical Price Trends and Forecast 2018-2028
17. Europe Historical Price Trends and Forecast 2018-2028
18. Asia Pacific Historical Price Trends and Forecast 2018-2028
19. Latin America Historical Price Trends and Forecast 2018-2028
20. Middle East and Africa Historical Price Trends and Forecast 2018-2028
21. Global Silicon Tetrachloride Market Structure
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