Global Polysilicon Market Size & Outlook, 2026-2033

The global polysilicon market size was estimated at USD 49,441.3 million in 2025 and is projected to reach USD 122,919.4 million by 2033, growing at a CAGR of 11.6% from 2026 to 2033.
Revenue, 2025 (US$M)
$49,441.3
Forecast, 2033 (US$M)
$122,919.4
CAGR, 2026 - 2033
11.6%
Report Coverage
Worldwide

Global polysilicon market highlights

  • The global polysilicon market generated a revenue of USD 49,441.3 million in 2025 and is expected to reach USD 122,919.4 million by 2033.
  • The market is expected to grow at a CAGR (2026 - 2033) of 11.6% by 2033.
  • In terms of segment, solar pv accounted for a revenue of USD 44,401.8 million in 2025.
  • Solar PV is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2025.
  • Country-wise, China is expected to register the highest CAGR from 2026 to 2033.

Global data book summary

Market revenue in 2025USD 49,441.3 million
Market revenue in 2033USD 122,919.4 million
Growth rate11.6% (CAGR from 2026 to 2033)
Largest segmentSolar pv
Fastest growing segmentSolar PV
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSolar PV, Electronics (Semiconductors)

Other key industry trends

  • In terms of revenue, the North America accounted for 18.1% of the global polysilicon market in 2025.
  • By country, the China is projected to lead the global market in terms of revenue in 2033.
  • By country, China is the fastest growing regional market and is projected to reach USD 30,343.2 million by 2033.

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Polysilicon Market Companies

Name Profile # Employees HQ Website
Hemlock Semiconductor Operations View profile 1001-5000 Hemlock, Michigan, United States, North America https://www.hscpoly.com/
Qatar Solar Technologies View profile 251-500 Doha, Ad Dawhah, Qatar, Asia http://www.qstec.com/
Xinte Energy View profile - Ürümqi, Xinjiang, China, Asia https://www.xinteenergy.com
Tongwei Group View profile 10001+ Chengdu, Sichuan, China, Asia http://en.tongwei.com/
GCL Technology Holdings Ltd View profile 12446 1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Hong Kong, Hong Kong http://www.gcltech.com
Daqo New Energy Corp ADR View profile 5765 No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, China, People's Republic of, 200122 https://www.dqsolar.com
Tokuyama Corp View profile 6358 7-5, Sotokanda 1-chome, Front Place Akihabara, Chiyoda-ku, Tokyo, Japan, 101-8618 http://www.tokuyama.co.jp
REC Silicon ASA View profile 376 Fornebuveien 84, PO Box 63, Lysaker, Norway, 1324 https://www.recsilicon.com
OCI NV View profile 4141 Honthorststraat 19, Amsterdam, NH, Netherlands, 1071 https://oci-global.com
Wacker Chemie AG View profile 16378 Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 https://www.wacker.com

Global polysilicon market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polysilicon market will help companies and investors design strategic landscapes.


Solar pv was the largest segment with a revenue share of 89.81% in 2025. Horizon Databook has segmented the Global polysilicon market based on solar pv, electronics (semiconductors) covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Polysilicon Application Outlook (Revenue, USD Million, 2021-2033)
    • Solar PV
      • Monocrystalline Solar Panel
      • Multicrystalline Solar Panel
    • Electronics (Semiconductors)

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Horizon Databook provides a detailed overview of global-level data and insights on the Global polysilicon market , including forecasts for subscribers. This global databook contains high-level insights into Global polysilicon market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global polysilicon market size, by regions, 2021-2033 (US$M)

Top 10 countries: Polysilicon market size, 2025 (US$M)

Global polysilicon market share, by application, 2025 & 2033 (%, US$M)

Polysilicon market: Opportunity assessment by country

Global polysilicon market, by region, 2025 (US$M)

Global polysilicon market size, by regions, 2021-2033 (US$M)

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