France Polysilicon Market Size & Outlook, 2023-2030
France polysilicon market, 2018-2030 (US$M)
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France polysilicon market highlights
- The France polysilicon market generated a revenue of USD 520.3 million in 2023 and is expected to reach USD 1,265.5 million by 2030.
- The France market is expected to grow at a CAGR of 13.5% 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 520.3 million |
| Market revenue in 2030 | USD 1,265.5 million |
| Growth rate | 13.5% (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, France accounted for 1.4% of the global polysilicon market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polysilicon market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 6,205.6 million by 2030.
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Polysilicon Market Scope
Polysilicon Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 75.25% in 2023. Horizon Databook has segmented the France polysilicon market based on solar pv, electronics (semiconductors) covering the revenue growth of each sub-segment from 2018 to 2030.
The polysilicon market in France is closely linked to the country's renewable energy ambitions, particularly in the field of solar power generation. France has set ambitious renewable energy and solar deployment targets as outlined by the National Council for Ecological Transition (CNTE).
The updated targets specify a goal of achieving 48.1 GW of photovoltaic (PV) capacity by 2030 and a remarkable 140 GW by 2050. The strategy aims for the installation of 3,700 MW to 5,500 MW of new PV systems each year, in line with the objective to achieve the 2030 target.
The demand for polysilicon is a direct consequence of these ambitious solar deployment goals. As France seeks to expand its solar capacity, polysilicon becomes a critical raw material for the manufacturing of the necessary PV cells and panels.
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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 France polysilicon market , including forecasts for subscribers. This country databook contains high-level insights into France polysilicon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France polysilicon market size, by application, 2018-2030 (US$M)
France Polysilicon Market Outlook Share, 2023 & 2030 (US$M)
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