Global Silicon Metal Market Size & Outlook, 2019-2027

The silicon metal industry worldwide is expected to reach a projected revenue of US$ 8,674.0 million by 2027. A compound annual growth rate of 4.6% is expected of the worldwide silicon metal industry from 2020 to 2027.
Revenue, 2019 (US$M)
$6,045.2
Forecast, 2027 (US$M)
$8,674.0
CAGR, 2020 - 2027
4.6%
Report Coverage
Worldwide

Global silicon metal market highlights

  • The global silicon metal market generated a revenue of USD 6,045.2 million in 2019 and is expected to reach USD 8,674.0 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 4.6% by 2027.
  • In terms of segment, aluminum accounted for a revenue of USD 2,427.0 million in 2019.
  • Solar & Semiconductor is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2019.
  • Country-wise, Canada is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 6,045.2 million
Market revenue in 2027USD 8,674.0 million
Growth rate4.6% (CAGR from 2019 to 2027)
Largest segmentAluminum
Fastest growing segmentSolar & Semiconductor
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationAluminum, Silicones, Solar & Semiconductor

Other key industry trends

  • In terms of revenue, the North America accounted for 18.7% of the global silicon metal market in 2019.
  • By country, the China is projected to lead the global market in terms of revenue in 2027.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 142.1 million by 2027.

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Silicon Metal Market Companies

Name Profile # Employees HQ Website

Global silicon metal 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 silicon metal market will help companies and investors design strategic landscapes.


Aluminum was the largest segment with a revenue share of 40.15% in 2019. Horizon Databook has segmented the Global silicon metal market based on aluminum, silicones, solar & semiconductor covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Silicon Metal Application Outlook (Revenue, USD Million, 2016-2027)
    • Aluminum
    • Silicones
    • Solar & Semiconductor

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Horizon Databook provides a detailed overview of global-level data and insights on the Global silicon metal market , including forecasts for subscribers. This global databook contains high-level insights into Global silicon metal market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global silicon metal market size, by regions, 2016-2027 (US$M)

Top 10 countries: Silicon metal market size, 2019 (US$M)

Global silicon metal market share, by application, 2019 & 2027 (%, US$M)

Silicon metal market: Opportunity assessment by country

Global silicon metal market, by region, 2019 (US$M)

Global silicon metal market size, by regions, 2016-2027 (US$M)

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