According to a recent survey conducted by ChemView Consulting, the Global Silicon Tetrachloride Market grew at a CAGR of 4.0% between 2017-2021 and is estimated to be US$ 2,548.6Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.8% and is expected to reach a valuation of US$ 4,073.0Mn by 2032 end.
Silicon tetrachloride (SiCl4) is a chemical compound that plays a significant role in the chemical industry. It is a colorless liquid with a pungent odor and is primarily used in the production of silicon-based compounds and materials.
The main application of silicon tetrachloride is in the manufacturing of high-purity silicon for the semiconductor industry. It is used as a precursor in the production of polysilicon, a crucial material used in the fabrication of solar cells and integrated circuits. The demand for silicon tetrachloride is closely tied to the growth of the electronics and photovoltaic industries.
Furthermore, silicon tetrachloride finds use in the production of silicone polymers and resins. Through a reaction with water, it can be hydrolyzed to produce silicic acid, which is a key intermediate in the synthesis of various silicone-based products. Silicones are widely utilized in industries such as construction, automotive, healthcare, and personal care due to their excellent heat resistance, electrical insulation properties, and chemical stability.
The market for silicon tetrachloride is influenced by factors such as the overall demand for silicon-based materials, technological advancements in the semiconductor industry, and the growth of the renewable energy sector. The increasing adoption of solar energy and the development of electric vehicles are driving the demand for silicon tetrachloride, as they rely on silicon-based components.
Geographically, the market for silicon tetrachloride is distributed globally, with major production centers in regions such as Asia Pacific, particularly China, the United States, and Europe. These regions are home to prominent semiconductor manufacturers and have a significant presence in the electronics industry.
It is important to note that the information provided is based on the knowledge available up until September 2021, and it's recommended to refer to the most recent market reports and industry sources for the latest updates on the silicon tetrachloride market.
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A list of some of the key suppliers present in the market are:
- 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 and Highlights
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- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
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