Asia Pacific Silicon Metal Market Size & Outlook
Asia Pacific silicon metal market, 2016-2027 (US$M)
Related Markets
Asia Pacific silicon metal market highlights
- The Asia Pacific silicon metal market generated a revenue of USD 2,312.6 million in 2019.
- The market is expected to grow at a CAGR of 5.8% from 2020 to 2027.
- In terms of segment, aluminum was the largest revenue generating application in 2019.
- Solar & Semiconductor is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 2,312.6 million |
| Market revenue in 2027 | USD 3,634.5 million |
| Growth rate | 5.8% (CAGR from 2019 to 2027) |
| Largest segment | Aluminum |
| Fastest growing segment | Solar & Semiconductor |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Silicones, Solar & Semiconductor |
| Key market players worldwide | Ferroglobe PLC, Dow Inc, Elkem ASA Ordinary Shares, Wacker Chemie AG, RIMA Group, RUSAL, Liasa |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 38.3% of the global silicon metal market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,634.5 million by 2027.
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Silicon Metal Market Scope
Silicon Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 39.46% in 2019. Horizon Databook has segmented the Asia Pacific silicon metal market based on aluminum, silicones, solar & semiconductor covering the revenue growth of each sub-segment from 2016 to 2027.
Asia Pacific held largest share of the market in 2019 and is anticipated to continue its dominance over the forecast period. The growth in the region is attributed to developing economies such as China, India, and South Korea, who are witnessing increasing spending in manufacturing segment along with other end-use industries.
The region is one of the key producers of bauxite and primary aluminum. China, Australia, and Vietnam lead in terms of bauxite reserves of the world. Together they accounted for a share of more than 35% in 2019. China held a share of more than 54% in terms of alumina production in 2019.
Similar to other countries, Asia Pacific was majorly impacted with the COVID-19 pandemic. However, the countries are reporting quick recovery, especially China. The rapid growth in the construction & infrastructural projects in the region are expected to spur the demand for aluminum products in coming years.
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Target buyers of Asia Pacific silicon metal market databook
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Our clientele includes a mix of silicon metal 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific silicon metal market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific silicon metal market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Asia Pacific silicon metal market size, by country, 2016-2027 (US$M)
Asia Pacific Silicon Metal Market Outlook Share, 2019 & 2027 (US$M)
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