What is Global Silicon Gases Market?
The Global Silicon Gases Market is a vast and dynamic sector that encompasses a variety of gases derived from silicon, a chemical element with symbol Si and atomic number 14. These gases are used in a multitude of industries and applications, ranging from semiconductors to photovoltaics. The market is characterized by its global reach, with key players and consumers spread across the world. The market's value was estimated at US$ 378 million in 2022, and it is projected to grow to US$ 574.9 million by 2029, reflecting a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2023 to 2029.
TCS, DCS, Disilane in the Global Silicon Gases Market:
The Global Silicon Gases Market is dominated by several key players, including REC, SK Materials, Tokuyama, Air Liquide, Henan Silane Technology, Shin-Etsu, Evonik, GCL, Dow Chemical, Wacker, Zhejiang Zhongning Silicon, and Gelest. These companies collectively account for approximately 94% of the market. The market is highly concentrated in the Asia-Pacific region, which holds over 81% of the market share. This is likely due to the region's robust manufacturing sector and the high demand for silicon gases in industries such as electronics and solar power.
Semiconductor Industries, Displays, Photovoltaic, Others in the Global Silicon Gases Market:
In terms of product types, the most common silicon gas in the Global Silicon Gases Market is TCS, or trichlorosilane. This gas is used extensively in the production of polysilicon, which is a key material in the manufacture of semiconductors and solar cells. TCS holds a commanding share of over 70% in the market, underscoring its importance and widespread use. Other silicon gases, such as DCS (dichlorosilane) and disilane, also have significant market presence, although their shares are not as large as that of TCS.
Global Silicon Gases Market Outlook:
The Global Silicon Gases Market serves a wide range of industries and applications. One of the primary consumers of silicon gases is the semiconductor industry. Silicon gases are used in the production of silicon wafers, which are the foundation for most semiconductor devices. The display industry also uses silicon gases in the manufacture of liquid crystal displays (LCDs) and organic light-emitting diode (OLED) screens. In the photovoltaic industry, silicon gases are used to produce solar cells. Other industries and applications that use silicon gases include the production of silicones, the manufacture of optical fibers, and the synthesis of various chemical compounds.
| Report Metric | Details |
| Report Name | Silicon Gases Market |
| Accounted market size in 2022 | US$ 378 in million |
| Forecasted market size in 2029 | US$ 574.9 million |
| CAGR | 6.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | REC, SK Materials, Tokuyama, Air Liquide, Henan Silane Technology, Shin-Etsu, Evonik, GCL, Dow Chemical, Wacker, Zhejiang Zhongning Silicon, Gelest |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
