Silicon Tetrachloride Market (By Grade: Technical Grade and Electronics Grade; By Derivatives: Fumed Silica and Polysilicon; By Application: Silicone Rubber, Optic Fiber Preform, Chemical Intermediate, and Others) - Global Industry Analysis, Size, Share, Growth, Trends Analysis, Regional Outlook and Forecasts, 2023 - 2032
The global silicon tetrachloride market size was valued at USD 2.40 billion in 2022 and is expected to hit USD 3.40 billion by 2032, exhibiting growth at a CAGR of 3.60% during the forecast period 2023 to 2032.
Crucial factors accountable for market growth are:
To Access our Exclusive Data Intelligence Tool with 15000+ Database, Visit: Precedence Statistics
The U.S. silicon tetrachloride market size accounted for USD 0.56 billion in 2022 and is projected to reach USD 3.35 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032.
North America is Estimated to be the Largest Market for Silicon Tetrachloride
The comprehensive research account covers substantial projections and inclinations of silicon tetrachloride throughout chief regions encompassing Africa, Asia Pacific, Europe, Latin America, North America, Middle East, and. By region, silicon tetrachloride market is led by Asia Pacific due to high demand for fiber optics and high smartphone use. North America accounted for subsequent highest stake chiefly due to existence of skilled professionals and early adoption of latest communication technologies. Asia-Pacific is also estimated to observe a rapid progress rate, in consequence of increasing outlay by governments on state-of-the-art technologies.
Major Trends in the Silicon Tetrachloride Industry:
Rising consumption of silicon tetrachloride for polysilicon manufacturing is the primary driver of the silicon tetrachloride market. Hence, burgeoning demand for polysilicon is ultimately propelling the growth of the silicon tetrachloride market. Solar technology is among the fastest-growing segment in the energy and power industry. More than 90% of the solar cells are manufactured from polysilicon. Growing energy demand, environmental concerns regarding fossil fuels, rapidly declining cost of photovoltaic cells, and increasing awareness regarding green energy are some of the factors likely to boost the demand for polysilicon. Furthermore, huge investment in solar technology from several governments across the globe is further stimulates silicon tetrachloride consumption in solar applications.
Fiber optics is considered the backbone of the 21st-century’s advanced growth, especially in the communication sector. Germanium tetrachloride (GeCl4) along with silicon tetrachloride (SiCl4) are the major raw materials used for optical fiber manufacturing. Optical fibers are manufactured from processes like plasma chemical vapor deposition/modified chemical vapor deposition where high purity silicon tetrachloride is required. Since the last decade, optical fiber is witnessing significant growth owing to the rapidly advancing telecom industry, deployment of 3G/4G/5G, LTE, FTTX, and growing integration of IoT are likely to propel the demand for optical fiber. The growing need for optical fiber for a high-speed broadband network is likely to create lucrative opportunities for silicon tetrachloride, especially in under developed and developing economies. The share of internet users was less than 1% of the total population in 1995 and which is increased to around 40% in 2016. The growing trend towards IoT is likely to boost the demand for fiber optics which positively affects the silicon tetrachloride. Even during the pandemic, several companies such as Apple, Samsung, and Google among others have introduced their IoT-based products at Consumer Electronics Show (CES) and Mobile World Congress. Fiber optics are likely to grow at more than 10% of CAGR during the next five years which is likely to support the growth of the silica tetrachloride during the forecast period.
Scope of the Silicon Tetrachloride Market
| Report Highlights | Details |
| Market Size | USD 3.40 Billion by 2032 |
| Growth Rate | CAGR of 3.60% From 2023 to 2032 |
| Base Year | 2022 |
| Historic Data | 2020 to 2021 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Grade, Derivatives, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned | Momentive Performance Materials, Heraeus Holding, Linde Plc, Evonik Industries AG, Dow Corning (Dow), Air Products and Chemicals Inc., Tokuyama Chemicals (Zhejiang) CO. Ltd., OCI Co. Ltd., Shandong Xinlong Group Co. Ltd., Air Liquide S.A. |
COVID-19 Impact on Global Silicon Tetrachloride Market
The silicon tetrachloride market has adversely affected due to the swift spread of the COVID-19 pandemic. Major consumers and producers of silicon tetrachloride such as the U.S., China, India, and Europe have been severely affected by COVID-19 that leading to supply chain disruptions. Major end consumers of silicon tetrachloride such as solar technology and fiber optics are also among the severely affected sectors which further strengthen the impact on the silicon tetrachloride market. China is the major raw material provider for the solar and fiber optic industries and international border closure has restricted the import-export of the required resources.
Electronics Grade Segment Reported Foremost Market Stake in 2022
The electronics grade displayed the major share in the worldwide silicon tetrachloride market in 2022. Major applications in the field of semiconductors and PV (photovoltaic) cells are the significant factors for highest industry stake of electronics grade segment. The aspects such as implementation in new sectors are anticipated to hold the dominance of electronics grade silicon tetrachloride in the near future.
Polysilicon Derivatives Dominated the Market Revenue
Polysilicon is a chief feedstock substance used for the manufacturing of solar cells in recent times. Other factors aiding high market share of polysilicon are greater demand in electronics and solar photovoltaic industry.
Chemical Intermediate Will Dominate the Silicon Tetrachloride Market Revenue By Application
Silicon tetrachloride is used as an intermediary for manufacturing silicon-based commodity. Optic fiber preform segment is expected to grow at the highest growth rete through the estimate duration.
Top Players contending in the Market:
The companies focusing on research and development are expected to lead the global silicon tetrachloride market. Leading competitors contending in global silicon tetrachloride market are as follows:
In order to well recognize the present status of silicon tetrachloride, and policies implemented by the foremost nations, Precedence Research projected the future progress of the silicon tetrachloride market. This research report bids quantitative and qualitative insights on silicon tetrachloride market and valuation of market size and progress trend for probable market segments.
Major Market Segments Covered:
By Grade
By Derivatives
By Application
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Silicon Tetrachloride Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Silicon Tetrachloride Market
5.1. Covid-19: Silicon Tetrachloride Industry Impact
5.2. Silicon Tetrachloride Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Silicon Tetrachloride Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Silicon Tetrachloride Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Silicon Tetrachloride Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. High demand for smartphones and other hand-held multimedia devices
6.1.1.2. Growing demand for fiber optics
6.1.2. Market Restraints
6.1.2.1. Safety & environmental concerns
6.1.3. Market Opportunities
6.1.3.1. Increasing market for solar PV
6.1.3.2. Launch of 5G services
Chapter 7. Global Silicon Tetrachloride Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Silicon Tetrachloride Market Revenue by Market Players
7.1.1.2. Silicon Tetrachloride Market Revenue Market Share by Market Players
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Silicon Tetrachloride Market, By Grade
8.1. Silicon Tetrachloride Market, by Grade, 2023-2032
8.1.1. Technical Grade
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Electronics Grade
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Silicon Tetrachloride Market, By Derivatives
9.1. Silicon Tetrachloride Market, by Application, 2023-2032
9.1.1. Fumed Silica
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Polysilicon
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Silicon Tetrachloride Market, By Application
10.1. Silicon Tetrachloride Market, by Application, 2023-2032
10.1.1. Silicone Rubber
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Optic Fiber Preform
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Chemical Intermediate
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Silicon Tetrachloride Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Grade(2020-2032)
11.1.2. Market Revenue Forecast by Derivatives (2020-2032)
11.1.3. Market Revenue Forecast by Application (2020-2032)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2020-2032)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2020-2032)
11.2. Europe
11.2.1. Market Revenue Forecast by Grade (2020-2032)
11.2.2. Market Revenue Forecast by Derivatives (2020-2032)
11.2.3. Market Revenue Forecast by Application (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2020-2032)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2020-2032)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Grade (2020-2032)
11.3.2. Market Revenue Forecast by Derivatives (2020-2032)
11.3.3. Market Revenue Forecast by Application (2020-2032)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2020-2032)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2020-2032)
11.4. LATAM
11.4.1. Market Revenue Forecast by Grade (2020-2032)
11.4.2. Market Revenue Forecast by Derivatives (2020-2032)
11.4.3. Market Revenue Forecast by Application (2020-2032)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2020-2032)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2020-2032)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Grade (2020-2032)
11.5.2. Market Revenue Forecast by Derivatives (2020-2032)
11.5.3. Market Revenue Forecast by Application (2020-2032)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2020-2032)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2020-2032)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2020-2032)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2020-2032)
Chapter 12. Company Profiles
12.1. Momentive Performance Materials
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Grade Details, Specification, Application
12.1.3. Revenue, Price, and Gross Margin
12.1.4. Recent Developments and Strategies
12.2. Heraeus Holding
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Grade Details, Specification, Application
12.2.3. Revenue, Price, and Gross Margin
12.2.4. Recent Developments and Strategies
12.3. Linde Plc
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Grade Details, Specification, Application
12.3.3. Revenue, Price, and Gross Margin
12.3.4. Recent Developments and Strategies
12.4. Evonik Industries AG
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Grade Details, Specification, Application
12.4.3. Revenue, Price, and Gross Margin
12.4.4. Recent Developments and Strategies
12.5. Dow Corning (Dow)
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Grade Details, Specification, Application
12.5.3. Revenue, Price, and Gross Margin
12.5.4. Recent Developments and Strategies
12.6. Air Products and Chemicals Inc.
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Grade Details, Specification, Application
12.6.3. Revenue, Price, and Gross Margin
12.6.4. Recent Developments and Strategies
12.7. Tokuyama Chemicals (Zhejiang) CO. Ltd.
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Grade Details, Specification, Application
12.7.3. Revenue, Price, and Gross Margin
12.7.4. Recent Developments and Strategies
12.8. OCI Co. Ltd.
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Grade Details, Specification, Application
12.8.3. Revenue, Price, and Gross Margin
12.8.4. Recent Developments and Strategies
12.9. Shandong Xinlong Group Co. Ltd.
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Grade Details, Specification, Application
12.9.3. Revenue, Price, and Gross Margin
12.9.4. Recent Developments and Strategies
12.10. Hubei Jingxing Service and Technology Co. Ltd.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Grade Details, Specification, Application
12.10.3. Revenue, Price, and Gross Margin
12.10.4. Recent Developments and Strategies
12.11. Air Liquide S.A.
12.11.1. Company Overview, Business Information, Regional Presence
12.11.2. Product Portfolio Analysis
12.11.2.1. Grade Details, Specification, Application
12.11.3. Revenue, Price, and Gross Margin
12.11.4. Recent Developments and Strategies
12.12. American Elements
12.12.1. Company Overview, Business Information, Regional Presence
12.12.2. Product Portfolio Analysis
12.12.2.1. Grade Details, Specification, Application
12.12.3. Revenue, Price, and Gross Margin
12.12.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
