North America Silicon Metal Market Size & Outlook
North America silicon metal market, 2016-2027 (US$M)
Related Markets
North America silicon metal market highlights
- The North America silicon metal market generated a revenue of USD 1,132.2 million in 2019.
- The market is expected to grow at a CAGR of 3.6% from 2020 to 2027.
- In terms of segment, silicones 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, Mexico is expected to register the highest CAGR from 2020 to 2027.
North America data book summary
| Market revenue in 2019 | USD 1,132.2 million |
| Market revenue in 2027 | USD 1,503.9 million |
| Growth rate | 3.6% (CAGR from 2019 to 2027) |
| Largest segment | Silicones |
| 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, North America region accounted for 18.7% 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.
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 |
|---|
North America 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.
Silicones was the largest segment with a revenue share of 37.68% in 2019. Horizon Databook has segmented the North America silicon metal market based on aluminum, silicones, solar & semiconductor covering the revenue growth of each sub-segment from 2016 to 2027.
The North America silicon metal market is anticipated to witness moderate growth over the coming years owing to the rising demand for aluminum from the automotive and aerospace & defense industry.
Despite the decline in 2020 owing to the COVID-19 pandemic, rising emphasis on the production of EVs in the region, coupled with resumption of aircraft manufacturing operations, is anticipated to prove beneficial for the demand for silicon metal in the upcoming years.
In the first half of 2020, the companies were obliged to halt their manufacturing operations at extremely low capacity thereby decreasing the demand for raw materials. Aviation, automotive & transportation, construction, industrial, and consumer durable industries have been affected amidst COVID-19 conditions in North America region, having a negative impact on aluminum demand.
Reasons to subscribe to North America 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 North America 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 continent-level data and insights on the North America silicon metal market , including forecasts for subscribers. This continent databook contains high-level insights into North America silicon metal market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
North America silicon metal market size, by country, 2016-2027 (US$M)
North America 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
