Argentina Polysilicon Market Size & Outlook, 2023-2030
Argentina polysilicon market, 2018-2030 (US$M)
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Argentina polysilicon market highlights
- The Argentina polysilicon market generated a revenue of USD 435.5 million in 2023 and is expected to reach USD 1,025.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 13% from 2024 to 2030.
- In terms of segment, solar pv was the largest revenue generating application in 2023.
- Solar PV is the most lucrative application segment registering the fastest growth during the forecast period.
Polysilicon market data book summary
| Market revenue in 2023 | USD 435.5 million |
| Market revenue in 2030 | USD 1,025.2 million |
| Growth rate | 13% (CAGR from 2023 to 2030) |
| Largest segment | Solar pv |
| Fastest growing segment | Solar PV |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solar PV, Electronics (Semiconductors) |
| Key market players worldwide | OCI NV, REC Silicon ASA, Tokuyama Corp, Wacker Chemie AG, Daqo New Energy Corp ADR, GCL Technology Holdings Ltd, Tongwei Group, Xinte Energy, Qatar Solar Technologies, Hemlock Semiconductor Operations |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global polysilicon market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil polysilicon market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,188.1 million by 2030.
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Polysilicon Market Scope
Polysilicon Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina 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 75.75% in 2023. Horizon Databook has segmented the Argentina polysilicon market based on solar pv, electronics (semiconductors) covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Energy Institute Statistical Review of World Energy (EISRWE), in 2022, Argentina generated 2.9 TWh of electricity from solar energy. This trend is projected to aid the market growth of polysilicon across the country as it is used in the manufacturing of solar PVs.
In addition, the increasing solar installation across the country is expected to open new growth opportunities for polysilicon in the coming year. For instance, according to the International Renewable Energy Agency (IRENA), in 2022, solar PVs of 1 GW capacity were installed in the country.
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Our clientele includes a mix of polysilicon market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina polysilicon market , including forecasts for subscribers. This country databook contains high-level insights into Argentina polysilicon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina polysilicon market size, by application, 2018-2030 (US$M)
Argentina Polysilicon Market Outlook Share, 2023 & 2030 (US$M)
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