Sweden Polysilicon Market Size & Outlook, 2023-2030
Sweden polysilicon market, 2018-2030 (US$M)
Related Markets
Sweden polysilicon market highlights
- The Sweden polysilicon market generated a revenue of USD 106.9 million in 2023 and is expected to reach USD 206.1 million by 2030.
- The Sweden market is expected to grow at a CAGR of 9.8% 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 106.9 million |
| Market revenue in 2030 | USD 206.1 million |
| Growth rate | 9.8% (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, Sweden accounted for 0.3% of the global polysilicon market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In 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 |
|---|
Sweden 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 73.25% in 2023. Horizon Databook has segmented the Sweden polysilicon market based on solar pv, electronics (semiconductors) covering the revenue growth of each sub-segment from 2018 to 2030.
The polysilicon market in Sweden aligns with the country's commitment to sustainability and green investments. The Swedish government's budget bill for 2021 includes a proposal for credit guarantees aimed at facilitating larger industrial investment projects that contribute to environmental and climate goals.
As polysilicon is a key component in the production of photovoltaic (PV) cells for solar panels, the availability of credit guarantees can encourage investments in solar energy projects in Sweden, potentially boosting the demand for polysilicon in the country.
The proposed credit guarantee framework grows significantly. In 2022, the credit guarantee framework was valued at USD 1.35 billion, and in 2023, it is valued at USD 2.25 billion, showing Sweden's long-term commitment to sustainability.
Reasons to subscribe to Sweden 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 Sweden 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 Sweden polysilicon market , including forecasts for subscribers. This country databook contains high-level insights into Sweden polysilicon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Sweden polysilicon market size, by application, 2018-2030 (US$M)
Sweden 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
