Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Trichlorosilane Market

Trichlorosilane Market Size

Report ID: GMI4398
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Trichlorosilane Market Size

Trichlorosilane Market size was valued at around USD 5.3 billion in 2022 and is estimated to reach USD 7.7 billion by 2032. Trichlorosilane is primarily employed as a crucial feedstock in the production of high-purity silicon, making it indispensable for both the semiconductor and solar industries.

To get key market trends

Download Free Sample

It serves as a key precursor in the manufacture of polysilicon, the primary material for semiconductors and photovoltaic solar panels. In semiconductor manufacturing, it enables the production of integrated circuits and microchips, while in the renewable energy sector, it plays a pivotal role in the fabrication of solar cells.

Trichlorosilane Market Report Attributes
Report Attribute	Details
Base Year:	2022
Trichlorosilane Market Size in 2022:	USD 5.3 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	10.8%
2032 Value Projection:	USD 7.7 Billion
Historical Data for:	2018 to 2022
No. of Pages:	150
Tables, Charts & Figures:	104
Segments covered:	Production Process, Application
Growth Drivers:	North America – Growing demand for trichlorosilane in manufacturing of polysilicon driven by growth of solar energy and semiconductor industry Asia Pacific – Flourishing semiconductor industry Extensive use of semiconductors in automobiles industry
Pitfalls & Challenges:	Volatile nature of trichlorosilane anticipated to restrict its market evolution

Learn more about the key segments shaping this market

Download Free Sample

The demand for trichlorosilane remains intricately tied to the progress and advancements in these industries, making it a fundamental component of modern technology and clean energy solutions.

Price volatility due to raw material fluctuations, environmental regulations impacting production, overcapacity, and shifts in semiconductor technology are significant pitfalls in the trichlorosilane industry. These factors can disrupt supply chains, affect pricing stability, and pose challenges for market participants, necessitating careful risk management and adaptability to industry dynamics.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for trichlorosilane was valued at around USD 5.3 billion in 2022 and is estimated to reach USD 7.7 billion by the end of 2032.

Silane coupling agent segment held a dominant market share of around 58% in 2022 and is expected to grow at a lucrative pace by 2032 as trichlorosilane has diverse applications, with its primary use as a crucial precursor in the production of high-purity polysilicon for semiconductors and solar panels.

U.S. industry was valued at USD 1.1 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032, driven by the increased investments in renewable energy, particularly solar power, in the region.

Haihang Group, Siad Spa, Tokuyama Corporation, Iota Corporation Ltd, Gelest, Inc, Hemlock Semiconductor Operations LLC, Wynca Group, Wacker Chemie AG, Hubei Jianghan New Materials Co Ltd. among others.