Global Polysilicon Market Growth 2025-2031

Global Polysilicon Market Growth 2025-2031

The global Polysilicon market size is predicted to grow from US$ 12580 million in 2025 to US$ 23790 million in 2031; it is expected to grow at a CAGR of 11.2% from 2025 to 2031.

Polysilicon is a hyper pure form of silicon. It is multi-crystalline, high purity silicon, greater than 99.999% pure, used as the starting material for the growth of high purity single crystal silicon to be used for integrated circuits, other semiconductor devices, and solar cells. It is in the form of chunk, granular, powder and chip. Due to its semiconductor-like material properties, polysilicon is used as feedstock material in most solar energy applications.

China is the largest consumption country of polysilicon in the world in the past few years and it will keep the same position in the next few years. The Chinese market took up about 56% the global market in 2015, followed by USA (18%), Europe and Korea are closely followed with the share about 7%.

GCL Group, WACKER CHEMIE, Hemlock Semiconductor, OCI, REC Silicon, TBEA, SunEdision, Sichuan Yongxiang, KCC and Tokuyama are the key suppliers in the global polysilicon market. Top four took up about 60% of the global market. GCL Group from China is the largest supplier over the world, while GCL Group, TBEA and Sichuan Yongxiang are the leading local supplier in China with the total local share of about 44%. Tokuyama is a leading supplier in Japan.

LP Information, Inc. (LPI) ' newest research report, the “Polysilicon Industry Forecast” looks at past sales and reviews total world Polysilicon sales in 2024, providing a comprehensive analysis by region and market sector of projected Polysilicon sales for 2025 through 2031. With Polysilicon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polysilicon industry.

This Insight Report provides a comprehensive analysis of the global Polysilicon landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polysilicon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polysilicon market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polysilicon and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polysilicon.

This report presents a comprehensive overview, market shares, and growth opportunities of Polysilicon market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Solar Grade Polysilicon
Electronic Grade Polysilicon

Segmentation by Application:
Solar Photovoltaics (PV) Industry
Semiconductor Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GCL Group
WACKER CHEMIE
Hemlock Semiconductor
OCI
REC Silicon
TBEA
SunEdision
Sichuan Yongxiang
KCC
Tokuyama
HanKook Silicon
Daqo New Energy
Dun'an Group
LDK Solar
Hanwha Chemical
Luoyang China Silicon
Asia Silicon
Yichang CSG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polysilicon market?

What factors are driving Polysilicon market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Polysilicon market opportunities vary by end market size?

How does Polysilicon break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.