An Incisive, In-depth Analysis on the Silicon Tetrachloride Market
This study offers a comprehensive, 360 degree analysis on the Silicon Tetrachloride market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Silicon Tetrachloride market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
The application of silicon tetrachloride across several industries has risen owing to the various purposes it serves. The growing uses of trichlorosilane and fumed silica are the foundations for the rising demand for chemical intermediates as it forms the basic raw material for the production of these two. Manufacturers of silicon tetrachloride are further looking to expand the application base of the product by discovering more potential in the material.
Chemical intermediate to be leading application with maximum use in trichlorosilane
Trichlorosilane finds application in the production of polysilicon, which in turn, is consumed in solar applications as well as in the electronics industry. The significant growth of the solar panel and consumer electronics industries, burgeoning government and industrial investments in the power sector, and new solar energy projects across the globe are expected to result in an increase in the demand for polysilicon. Owing to these factors, the demand for trichlorosilane is increasing, which will subsequently lead to an increase in the consumption of silicon tetrachloride in the near future.
Moreover, the production of silicon tetrachloride as a by-product during the manufacturing of polysilicon and its continuous recycling help in maintaining a continuous supply of silicon tetrachloride for the manufacturing of trichlorosilane. Further, increasing demand for trichlorosilane in the silane coupling agent application will also help drive the silicon tetrachloride market. For instance, in China, consumption of trichlorosilane in polysilicon and silicone couple agent accounted for around 68% and 33% shares respectively in terms of value in 2017. Moreover, the polysilicon market is expected to witness a stable CAGR over the forecast period, which in turn, is expected to drive the demand for trichlorosilane and silicon tetrachloride.
Fumed silica to also be one of the core applications of chemical intermediate
Fumed silica finds application in the manufacturing of silicone rubber, paint, ink and chemical mechanical polishing, among other industries. Apart from that, fumed silica is also used as a reinforcing, thickening, and thixotropic agent. The anticipated growth of end-use industries and increasing demand for silicone rubber application are the two primary factors expected to drive the fumed silica market over the forecast period. A marked increase in demand for fumed silica will further help drive the silicon tetrachloride market.
Optical preform to catch up with silicon tetrachloride owing to growing demand for optical fibres
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. Over the recent past, supported by the growth of 4G, 5G, LTE, FFTx and the Internet of Things (IOT) among others, there has been a significant increase in the demand for optic cables across the globe. Globally, China, U.S. and Japan constitute around 80% of the overall optic cable preform manufacturing and in terms of consumption, China accounted for a major chunk of the global optic fibre preform in 2017. The constantly increasing demand for optic cables will boost global demand for optic cable preform, which will subsequently drive demand and revenue growth in the global silicon tetrachloride market over the forecast period.
A new report on silicon tetrachloride provides perceptive insights on the chronological growth path of the market along with the future prospects and present scenario of the market. The report offers an exclusive analysis of the global market and also presents insights on regional and other segments.
Silicon Tetrachloride Market: Overview
The report offers a summary of the market including an official abstract that draws out the core instances progressing in the market. It also discusses on a couple of facets such as drivers, obstacles, and predictions that have been impacting the global market. It also acquaints readers with figures related to volume, value, and development rate of the market from a growth point of view. With reference to market segmentation, each segment is analysed and presented in the report. It also gives an assessment in light of the current market condition, and moreover presents a value chain analysis of the products and applications in concern. A year to year progression of the market has likewise been offered in the report for the reader to be predominantly aware of the altering scenario of the market.
Silicon Tetrachloride Market: Segmentation
Silicon Tetrachloride Market: Research Approach
The report is the end result of the cautious research work of the market analysts employing reliable sources. The information introduced has been studied carefully by our analysts. The data that has been presented here has been assembled from various tried and tested sources. The figures have also been checked by the analysts and can be used to settle on key decisions and to formulate strategies.
Silicon Tetrachloride Market: Vendor Dashboard
The market study conveys an immense outlook on the engaged scene of the overall silicon tetrachloride market. It features the competition prevalent among the current vendors in the market and also puts weight on the future circumstances of the market. The profile of the players is based on a SWOT examination sought down by company angle, product portfolio, strategies, finance related information, and year-to-year projections. The organisations have been explored minutely covering their key developments, innovations as well as mergers and acquisitions and agreements with other prominent establishments.
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The reports made by our industry analysts are credible and have been researched and validated from several primary and secondary resources. What makes us unique is the fact that along with presenting an analysis of the market’s historical and present scenario, we also present a forecast review of the market for the benefit of our reader. The presentation is exclusive in the form of various charts, tables, and diagrams. Every bit of information present in the market research report is unique. Expert opinions are also present in the study that can be directly used by the readers to make future decisions.