The global silicon tetrachloride sales is expected to create a valuation of about USD 2,277.4 Million in 2022. The global business is further estimated to witness a considerable CAGR of 4.5% during the period of 2022 and 2027.
| Attribute | Details |
|---|---|
| Base Year Value (2021A) | USD 2,179.3 million |
| Estimated Year Value (2022E) | USD 2,277.4 million |
| Projected Year Value (2027F) | USD 2,846.0 million |
| Value CAGR (2022 to 2027) | 4.5% |
| Collective Value Share: Top 3 Countries (2022E) | 66.3% |
Increased consumption of silicon tetrachloride in various applications such as, in chemical intermediates, silicone rubber & others, are expected to push the sales in forecast period. Considering this, FMI has forecasted the global Silicon Tetrachloride sales to reach a valuation of USD 2,846.0 Million in 2027.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
| Market Statistics | Details |
|---|---|
| H1,2021 (A) | 4.3% |
| H1,2022 Projected (P) | 4.6% |
| H1,2022 Outlook (O) | 4.7% |
| BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 10 ↑ |
| BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 40 ↑ |
Future Market Insights presents a comparison and insightful analysis of the market dynamics and market trends for silicon tetrachloride. Sales of silicon tetrachloride are anticipated to rise over the forecast period due to its increased use in a variety of products, including silicone rubber and chemical intermediates. The rate of consumption of silicon tetrachloride is increasing due to rising demand for polysilicon around the world.
Key Players are expanding their production facilities to meet demand and take the lead in the worldwide market, which is one of the key trends that have been identified. Further, market participants are investing in geographical expansions to boost their sales in to increase their consumer base in the untapped market.
According to FMI analysis, demand for silicon tetrachloride market in first half 2022 witnessed a spike of 10 units as compare to the earlier projections for the same period. However, compared to H1, 2021, the market is expected to gain more spur of 40 BPS. The rapid uptake of the market during the first half of the forecast period is attributed to massive demand from electronics, automotive, construction & other end use industries.
Demand for silicon tetrachloride is also anticipated to rise due to its increase in application in the production of polysilicon via trichlorosilane as well as in the production of optical fibres preforms.
Tetrachlorosilane is used in a wide range of industries, which has led to an increase in both its uses and consumption. Globally, the use of solar cells has increased significantly, as a result of people's rising need for electricity and power. This is expected to increase demand for polysilicon and open up new markets for silicon tetrachloride.
Sales of silicon tetrachloride increased at a 3.6% CAGR, between 2012 and 2021, with increasing applications in various sectors. The covid-19 epidemic, which reduced demand for tetrachlorosilane, had an influence on sales projections in 2020 and 2021, although growth is expected to resume in the second half of 2021. The key growth driver boosting the demand of silicon tetrachloride is its use in polysilicon manufacture.
As a result, the growing demand for polysilicon all over the globe is enhancing the consumption rate of silicon tetrachloride. High purity Silicon tetrachloride is a major raw material used for the manufacturing of optic cable preform, which is used in the manufacturing of optic cables, growing demand of optic cables are expected tobenefit the consumption of the tetrachloride compound.
Due to the diverse applications of tetrachlorosilane in various sectors, its apllications as well as consumption has increased. Use of solar cells across the globe has witnessed a significant growth mainly due to their growing demand for power and electricity, this is estimated to benefit the polysilicon consumption providing significant growth opportunities for silicon tetrachloride.
Principal Consultant
Fumed silica is used as an anti-sedimentation agent in production of silicones. Fumed silica improves storage process ability, stability, has a wide hardness range, offers chemical weather resistance and other beneficial electrical properties. Owing to these features, the demand for fumed silica is increasing in silicone rubber applications.
Silicone rubber is widely used in a variety of industries, including construction, electronics, sealants, and adhesives. Furthermore, due to its conductive properties, silicone rubber is becoming more popular in the automotive industry, where its use indirectly improves fuel efficiency and reduces emissions.
The expansion of the electronics, automobile, and construction sectors is expected to boost the growth of the market. The silicone rubber segment is forecasted to reach a market value of USD 96.5 Million by 2027 end.
As per FMI, the USA is projected to account for a fair share in the global market of silicon tetrachloride. The USA is estimated to dominate the North American market accounting for a significant value share in term of consumption. Strong development in the chemical industries and electronic sector are expected to remain key factors for the market growth in the country.
North America is also expected to be a key market, owing primarily to the presence of skilled professionals and the early adoption of cutting-edge communication technologies. The presence of major companies in the North American region, particularly in the United States, is also expected to boost demand for silicon tetrachloride over the forecasted time period. USA is expected to reach about USD 540.5 Million by the year 2027.
China is projected to create an incremental business opportunity of about USD 290.0 Million during the period of 2022 and 2027. Over the forecast period, China is expected to dominate the global silicon tetrachloride sector with a significant value share in terms of consumption. Increasing demand for silicon tetrachloride in the manufacturing of polysilicon through trichlorosilane, as well as in optic fiber preform manufacturing, is expected to boost the demand for the silicon tetrachloride over the forecast period.
China is expected to account for a key share in the global market, owing to high demand for fibre optics, widespread smartphone use, and population growth. Furthermore, the launch of 5G connectivity and the availability of a large labour force aided China's high market share.
However, the Chinese government has enforced rules and regulations on the production of silicon tetrachloride, which is manufactured as a byproduct during the polysilicon manufacturing process. This could have a negative impact on the growth of the silicon tetrachloride market over the forecast period.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The chemical intermediate segment is expected to grow at a prominent value of 4.6% CAGR, over the forecast period of 2022 to 2027. Trichlorosilane is used in the production of polysilicon, which is then used in the solar and electronics industries. The significant growth of the solar and electronics industries, increased government and industrial investments in the power sector, and new solar energy projects around the world are expected to drive up demand for polysilicon.
As a result, the demand for trichlorosilane is increasing, which will lead to an increase in silicon tetrachloride consumption. Furthermore, the production of silicon tetrachloride as a byproduct of polysilicon manufacturing, as well as its continuous recycling, aid in the maintenance of a continuous supply of silicon tetrachloride for the manufacture of trichlorosilane. Moreover, rising demand for trichlorosilane in silane coupling agent applications will propel the silicon tetrachloride market.
Fumed silica is also a key application of a chemical intermediate. Fumed silica is used in a variety of industries, including the production of paint, silicone rubber, ink, and chemical mechanical polishing. As a result, increased demand for fumed silica will drive the sales of silicon tetrachloride.
The optic fiber preform segment is projected to create an absolute dollar opportunity of more than USD 55.3 Million during the period of 2022 to 2027. Highly pure silicon tetrachloride is a key raw material for the production of optic cable preforms, which are used in the production of optic cables. The emerging field of Internet of Things (IOT), 4G, 5G, LTE, and FFTx, among other technologies, has resulted in a significant increase in demand for optic cables around the world in recent years.
The growing optic cable market, especially in Asia Pacific, will help to boost the demand for silicon tetrachloride over the forecast period. Rise in the demand of tablets, smartphones, and other communication devices are also expected to propel the growth of the market. These optic fibers are also being used in military, aerospace, oil & gas and other industries.
In order to address the growing demand for silicon tetrachloride, producers have shifted their focus to rising countries in recent years. Several major players are also concentrating on boosting their production capabilities, R&D investments, collaborations, and mergers and acquisitions. For Instance,
In July 2014, Evonik Industries and GCL-Poly Energy Holdings Limited (GCL-Poly) formed a joint venture for the production of ultra-pure silicon tetrachloride and fumed silica in China.
The latest study conducted by Future Market Insights covers all the strategies and success factors of key manufacturers of the market.
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis is available in the report.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2027 |
| Historical Data Available for | 2012 to 2021 |
| Market Analysis | USD Million for Value and Tons for Volume |
| Key Regions Covered | North America; Latin America Middle East & Africa; Europe; India; China; Japan; South Asia & Pacific |
| Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, Japan, India, Taiwan, ASEAN, Brazil, Mexico, GCC Countries, Northern Africa, South Africa |
| Key Segments Covered | Grade, Application and Region |
| Key Companies Profiled | Evonik Industries AG; DowDupont Inc.; Air Products and Chemicals Inc.; The Linde Group; Inner Mongolia Dakang Industrial Co., Ltd.; Tokuyama Corporation; Shandong Xinlong Group; Air Liquide; Cabot Corporation; Wacker Chemie AG.; OCI Co Ltd.; Mitsubishi material corporation; GCL Poly Energy Holding Limited; TBEA Co. Ltd |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Silicon Tetrachloride market is expected to total USD 2,277.4 Mn in 2022.
The Silicon Tetrachloride market has been estimated to exhibit growth rate of 4.5% between 2022 and 2027 on value basis.
Chemical intermediates application segment is expected to contribute major growth share to the overall market.
Evonik Industries AG, DowDupont Inc., Air Products and Chemicals Inc., The Linde Group, Inner Mongolia Dakang Industrial Co., Ltd, Tokuyama Corporation, Shandong Xinlong Group, Air Liquide, Wacker Chemie AG, Mitsubishi material corporation, Cabot Corporation are the leading market players. The key market participants are further expected to account for about 60% of the global market share.
The demand in U.S. is expected to increase by 3.9% CAGR between 2022 and 2027 on value basis.
1. Executive Summary 2. Market Introduction 3. Market Viewpoint 4. Global Market Analysis and Forecast 5. Porter’s Analysis 6. Market Dynamics 7. Manufacturing Process Overview 8. Forecast Factors: Relevance and Impact 9. Global Analysis 2012 to 2021 and Forecast 2022 to 2027, by Grade 9.1. Electronics Grade 9.2. Technical Grade 10. Global Analysis 2012 to 2021 and Forecast 2022 to 2027, By Application 10.1. Chemical Intermediate 10.1.1. Trichlorosilane 10.1.2. Fumed Silica 10.2. Optic Fiber Preform 10.3. Silicon Rubber 10.4. Others 11. Global Analysis 2012 to 2021 and Forecast 2022 to 2027, by Region 11.1. North America 11.2. LAMEA 11.3. Europe 11.4. China 11.5. India 11.6. Japan 11.7. South East Asia & Pacific 12. North America Analysis 2012 to 2021 and Forecast 2022 to 2027 13. LAMEA Analysis 2012 to 2021 and Forecast 2022 to 2027 14. Europe Analysis 2012 to 2021 and Forecast 2022 to 2027 15. South East Asia & Pacific Analysis 2012 to 2021 and Forecast 2022 to 2027 16. China Analysis 2012 to 2021 and Forecast 2022 to 2027 17. India Analysis 2012 to 2021 and Forecast 2022 to 2027 18. Japan Analysis 2012 to 2021 and Forecast 2022 to 2027 19. Fumed Silica and Polysilicon Market 20. Competition Analysis 20.1. Evonik Industries AG 20.2. DowDupont Inc. 20.3. Air Products and Chemicals Inc. 20.4. The Linde Group 20.5. Inner Mongolia Dakang Industrial Co., Ltd. 20.6. Tokuyama Corporation 20.7. Shandong Xinlong Group 20.8. Air Liquide 20.9. Cabot Corporation 20.10. Wacker Chemie AG 20.11. OCI Co Ltd 20.12. Mitsubishi Material Corporation 20.13. GCL Poly Energy Holding Limited 20.14. TBEA Co. Ltd 21. Assumption & Acronyms Used 22. Research Methodology
Explore Chemicals & Materials Insights
View Reports
Silicon Tetrachloride Market
