Italy Polysilicon Market Size & Outlook, 2023-2030
Italy polysilicon market, 2018-2030 (US$M)
Related Markets
Italy polysilicon market highlights
- The Italy polysilicon market generated a revenue of USD 606.8 million in 2023 and is expected to reach USD 1,500.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 13.8% 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 606.8 million |
| Market revenue in 2030 | USD 1,500.7 million |
| Growth rate | 13.8% (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, Italy accounted for 1.6% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Polysilicon Market Scope
Polysilicon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 75.74% in 2023. Horizon Databook has segmented the Italy polysilicon market based on solar pv, electronics (semiconductors) covering the revenue growth of each sub-segment from 2018 to 2030.
The polysilicon market in Italy is closely related to the country's thriving solar energy sector. Italy's cumulative installed capacity of solar photovoltaic (PV) systems, reaching approximately 22.69 GW in 2021, reflects its significant presence in the European solar energy sector.
Polysilicon, a crucial component in PV cell production, plays a vital role in sustaining Italy's solar energy growth. The strategic geographic location of Italy, with ample availability of sunlight, positions it favorably for solar energy generation, making it a key market for polysilicon.
Italy's commitment to solar energy has been further bolstered by government initiatives such as the Conto Energia, which incentivizes electricity production from solar sources. This encourages the adoption of PV technology, fueling the consumption of polysilicon.
Reasons to subscribe to Italy polysilicon market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Italy polysilicon market databook
-
Our clientele includes a mix of polysilicon market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy polysilicon market , including forecasts for subscribers. This country databook contains high-level insights into Italy polysilicon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy polysilicon market size, by application, 2018-2030 (US$M)
Italy Polysilicon Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
