China Silicon Metal Market Size & Outlook, 2019-2027
China silicon metal market, 2016-2027 (US$M)
Related Markets
China silicon metal market highlights
- The China silicon metal market generated a revenue of USD 1,729.6 million in 2019 and is expected to reach USD 2,708.8 million by 2027.
- The China 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.
Silicon metal market data book summary
| Market revenue in 2019 | USD 1,729.6 million |
| Market revenue in 2027 | USD 2,708.8 million |
| Growth rate | 5.8% (CAGR from 2019 to 2027) |
| Largest segment | Aluminum |
| Fastest growing segment | Solar & Semiconductor |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, China accounted for 28.6% of the global silicon metal market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China silicon metal market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 165.0 million by 2027.
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
Silicon Metal Market Scope
Silicon Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 China silicon metal market based on aluminum, silicones, solar & semiconductor covering the revenue growth of each sub-segment from 2016 to 2027.
China accounted for the largest market share of more than 36.6% of the global silicon metal market in 2020. The country is one of the largest manufacturing hubs in the world. China accounts for a key share of the market considering the widespread presence of end-use industries in the country.
For instance, China’s auto sales witnessed a decline of 22.4% in the first half of 2020, but the country is showing recovery signs as sales rose by 1.8% in June 2020 over a year earlier. The Chinese auto market is expected to be shrunk by meagerly 3 to 5% in 2020 on account of COVID-19.
The decline is, however, much higher in many other economies of the world. Demand for aluminum in automotive sector drives the silicon metal market as aluminum accounted for volume share of 43.2% in 2020.
Reasons to subscribe to China silicon metal 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 China silicon metal market databook
-
Our clientele includes a mix of silicon metal 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 China silicon metal market , including forecasts for subscribers. This country databook contains high-level insights into China silicon metal market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
China silicon metal market size, by application, 2016-2027 (US$M)
China Silicon Metal Market Outlook Share, 2019 & 2027 (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
