Electronic grade silicon (EGS) is a highly pure form derived from the processing of metallurgical silicon. This form of silicon is extensively used for manufacturing semiconductors to be used in computers and several electronic devices. With the world pacing towards digitalization, demand for high purity electronic grade silicon has risen rapidly in the semiconductor industry.
All electrical & electronic devices constitute semiconductor chips that have electronic grade silicon as a conductive material. The conductivity of semiconductor-grade silicon distinguishes it from other forms of silicon.
With the rising requirement for chips in the semiconductor industry, manufacturers of electronic grade silicon are mainly focused on fulfilling the high demand from chip manufacturers. The industry is already experiencing robust growth, and with advancing technologies, consumption of electronic grade silicon is all set to accelerate even more.
To remain ‘ahead’ of your competitors, request for a sample –https://www.factmr.com/connectus/sample?flag=S&rep_id=7647
How is the Electronic Grade Silicon Market Expected to Fare Over the Decade?
“Intensifying Demand from IT, Telecommunications, & Electronics Industry”
There is heavy demand for semiconductors in the electrical & electronics industry. Additionally, the digital appliance market is increasing exponentially, and owing to the requirements of consumers, continuous technological upgrades are being seen in the fields of computing, electronics, and telecommunications.
Further, with the penetration of Big Data and automation in all most every industry, there is soaring demand for storage devices. For proper functioning, all these products require integrated chips containing EGS.
Also, consumer inclination towards technology is driving the market and constant innovations are leading a way for technological transformation. This shift can only be achieved with the increased production of electronic grade silicon that is further required for the manufacturing of integrated chips & microelectronics.
Such rising consumption of electronic devices demands the increased production of electronic grade silicon. It also opens an opportunity for manufacturers to increase their investments in production expansion to meet the increasing demand.
Why is the U.S. Electronic Grade Silicon Market Highly Lucrative?
North America is the global semiconductor industry leader. From microelectronic chips to medical devices, North America is expected to see accelerated demand for electronic grade silicon.
In North America, the U.S. accounts for 66.6% share of the electronic grade silicon market for the fabrication of integrated chips. These chips are further used for the development of devices used in IT, telecommunications, and automobiles.
Owing to such diverse requirements in various industries, and also, with these industries having become an integral part of the functioning of any businesses around the world, the market is set to witness growth at a CAGR of 4.6% during the forecast period. The U.S market for electronic grade silicon is currently valued at US$ 621.3 million.
Why is CZ Mono-Crystalline Silicon Most Widely Used?
CZ mono-crystalline silicon is the most preferred choice by semiconductor manufacturers. It is a single crystal used as a base material for the fabrication of integrated chips or microelectronics. CZ is referred to as the Czochralski method used for the purification of metallurgical grade silicon.
CZ monocrystalline silicon holds an approx. share of 58.5% in the global electronic grade silicon market and is mostly used for the production of integrated chips and microelectronics. On the contrary, multi-crystalline silicon is mostly used for the production of photovoltaics that are used in solar panel production.
These two types of electric grade silicon are generally differentiated based on the crystallinity level associated with the silicon ingot.
Currently, CZ monocrystalline silicon is valued at US$ 2.2 billion in the global market, and with increasing demand from the automobile sector, the segment is expected to expand at a CAGR of 4.6% through 2032.
Speak To Research Analyst For Detailed Insights: https://www.factmr.com/connectus/sample?flag=AE&rep_id=7647
Competitive Landscape
Prominent electronic grade silicon manufacturers are SUMCO, Silicon Materials, Inc, REC Silicon ASA, OCI, GCL (Group) Holdings Co., Hemlock Semiconductor Operations LLC, Wacker, TBEA Co., Ltd, Daqo New Energy, Global Wafers, SK Siltronic, Tokuyama Corporation, and TW Solar.
Electronic grade silicon companies are employing cost-effective methodologies for electronic grade silicon production. Companies are trying to enhance their production capacity to meet the surging demand. Also, an increased interest has been observed from the manufacturers’ side to enhance the efficiency of electronic grade silicon so that its thickness can be used and less quantity is required for each integrated circuit.
Taiwan-based company Global Wafers plans to build a 300mm-silicon wafer factory in the U.S. to address the global chip shortage issue and ongoing geopolitical concerns.
In July 2022, GCL Technology, a manufacturer of electronic grade silicon, announced to increase its production capacity to 100,000 tons of granular silicon Fab in Leshan.
Fact.MR has provided detailed information about the price points of key electronic grade silicon manufacturers positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Electronic Grade Silicon Industry Research
By Type :
- CZ Mono-crystalline Silicon
- Multi-crystalline Silicon
By Purity :
- 9N
- 10N
- 11N
By Grade :
- Prime
- Test
- Prime-epi
By Dopant :
- p-type
- n-type
By Application :
- Micro-electronic circuit
- Photovoltaics
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Interested to Procure The Data? Inquire here at –https://www.factmr.com/checkout/7647
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com