Japan Polysilicon Market Size & Outlook, 2023-2030
Japan polysilicon market, 2018-2030 (US$M)
Related Markets
Japan polysilicon market highlights
- The Japan polysilicon market generated a revenue of USD 3,902.9 million in 2023 and is expected to reach USD 11,671.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 16.9% 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 3,902.9 million |
| Market revenue in 2030 | USD 11,671.5 million |
| Growth rate | 16.9% (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, Japan accounted for 10.3% of the global polysilicon market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China polysilicon market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 26,129.4 million by 2030.
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Polysilicon Market Scope
Polysilicon Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 76.24% in 2023. Horizon Databook has segmented the Japan polysilicon market based on solar pv, electronics (semiconductors) covering the revenue growth of each sub-segment from 2018 to 2030.
The polysilicon market in Japan holds a significant position in the country's industrial landscape, serving two critical sectors: semiconductor manufacturing and renewable energy. Japan has a rich history in semiconductor production, and the demand for high-purity polysilicon remains robust in this sector.
Polysilicon's exceptional purity and electrical properties make it essential for manufacturing cutting-edge semiconductor components that power a wide range of devices, from consumer electronics to automotive systems and industrial machinery.
The government has introduced favorable initiatives such as the Feed-in Tariff (FiT), which provides a fixed unit price for electricity generated from renewable sources.
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Target buyers of Japan polysilicon market databook
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Our clientele includes a mix of polysilicon market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Japan polysilicon market , including forecasts for subscribers. This country databook contains high-level insights into Japan polysilicon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan polysilicon market size, by application, 2018-2030 (US$M)
Japan Polysilicon Market Outlook Share, 2023 & 2030 (US$M)
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