The global Silicon Tetrachloride market size accrued earnings worth approximately USD 2.26 Billion in 2023 and is predicted to gain revenue of about USD 3.45 Billion by 2032, is set to record a CAGR of nearly 4.8% over the period from 2024 to 2032.
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Silicon tetrachloride, alternatively referred to as tetrachlorosilane, is an inorganic compound devoid of colour and characterised by its rapid boiling point. It is a solvent that emits an acrid gas and is sensitive to moisture. Under the influence of heat, it decomposes readily in water, producing hydrogen chloride and silicic acid. Tetracloride of silicon occurs as a byproduct of polycrystalline silicon. It serves as an intermediary in the synthesis of silicon-based products and agents that modify the surface. Moreover, it exhibits incompatibility with alkali metals, acids, bases, and water. Silica and high purity silicon, which are predominantly utilised in the commercial sector, are manufactured using it. Moreover, the utilisation of high purity silicon extends to the fabrication of optical fibres, photovoltaic (PV) cells, and semiconductors.
Increasing product utilisation in the data processing and consumer electronics industries is anticipated to drive the silicon tetrachloride market over the forecast period. Thus, the development of other high-tech communication devices and the increasing demand for tablets and smartphones are driving the demand for fibre optics, which is anticipated to stimulate the market for silicon tetrachloride in the coming years. Furthermore, silicon tetrachloride finds extensive application in the photovoltaic and semiconductor sectors as a precursor to polysilicon and solar PV cells, respectively. As a result, it is expected that this will contribute further to the growth of the market for silicon tetrachloride in the coming years. Nonetheless, the substantial upfront investment required for silicon tetrachloride systems could potentially impede its future global expansion.
A company market share analysis is included in the report to provide a more comprehensive picture of the major market participants. Furthermore, the report encompasses significant strategic advancements within the market, such as mergers and acquisitions, the introduction of new applications, collaborations and joint ventures, partnerships, agreements, research and development, and the regional expansion of key market participants on a global and regional scale. Additionally, the research encompasses an examination of price trends and the product portfolios of diverse organisations categorised by region.
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The Global Silicon Tetrachloride Market is segmented based on product, application and region
Global Silicon Tetrachloride Market: Product Segment Analysis
● Electronics Grade
● Technical Grade
Global Silicon Tetrachloride Market: Application Segment Analysis
● Chemical Intermediate
● Optic Fiber Perform
● Silicone Rubber
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The global Silicon Tetrachloride market profiles key players such as:
● Hemlock Semiconductor
● Momentive
● Tokuyama
● Evonik
● Shandong Xinlong
● Shanghai Xiangjun
● Dow Corning
● Hubei Jingxing
● Air Products
● GRINM Electro-optic
● Inner Mongolia Dakang
● Tianjin Maotong
● GCL-Poly
● China Silicon Corporation
The global market for silicon tetrachloride is segmented as follows: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Future silicon tetrachloride market dominance is anticipated in the Asia-Pacific region due to the increasing use of trichlorosilane as a couple agent in silicone and polysilicon, especially in developing economies such as China and India. It is expected that North America will maintain a significant portion of the worldwide silicon tetrachloride market in the coming years, owing to the consistent expansion of end-user industries and the production of polysilicon, which is silicon tetrachloride-based.
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