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Polysilicon Companies (2024 - 2029)

Various companies globally are making significant strides in the energy sector, particularly in the development and implementation of solar technologies. These firms, hailing from diverse regions such as Asia, the Middle East, and the Americas, are involved in the production of polycrystalline silicon and other crucial components for solar energy systems. Their operations range from silicon production to the manufacture of solar technologies, demonstrating the wide-ranging impact of these corporations in the renewable energy sector. Despite their varied geographical locations, these businesses share a common goal: advancing solar power and contributing to a sustainable future.

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Team License

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Corporate License

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Top Companies in Polysilicon Market

This report lists the top Polysilicon companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Polysilicon industry.

  1. Sichuan Yongxiang Co. Ltd (Tongwei Co. Ltd)

  2. GCL-TECH

  3. DaqoNew Energy Co. Ltd

  4. Wacker ChemieAG

  5. XinteEnergy Co. Ltd

*Disclaimer: Top companies sorted in no particular order

Polysilicon Market Major Players

Polysilicon Market Concentration

Polysilicon Market Concentration

Polysilicon Company List

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Number of Solar PV Installation

      2. 4.1.2 Growth in the Semiconductor Industry

    2. 4.2 Restraints

      1. 4.2.1 Emerging Competitors, such as Upgraded Metallurgical-grade Silicon (UMG-Si) Solar Cell

      2. 4.2.2 High Capital Expenditure

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Technological Snapshot

  5. 5. MARKET SEGMENTATION (Market Size in Value)

    1. 5.1 End-user Industry

      1. 5.1.1 Solar PV

        1. 5.1.1.1 Monocrystalline Solar Panel

        2. 5.1.1.2 Multicrystalline Solar Panel

      2. 5.1.2 Electronics (Semiconductor)

    2. 5.2 Geography

      1. 5.2.1 Asia-Pacific

        1. 5.2.1.1 China

        2. 5.2.1.2 India

        3. 5.2.1.3 Japan

        4. 5.2.1.4 South Korea

        5. 5.2.1.5 Rest of Asia-Pacific

      2. 5.2.2 North America

        1. 5.2.2.1 United States

        2. 5.2.2.2 Canada

        3. 5.2.2.3 Mexico

      3. 5.2.3 Europe

        1. 5.2.3.1 Germany

        2. 5.2.3.2 United Kingdom

        3. 5.2.3.3 Italy

        4. 5.2.3.4 France

        5. 5.2.3.5 Rest of Europe

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Middle East and Africa

        1. 5.2.5.1 Saudi Arabia

        2. 5.2.5.2 South Africa

        3. 5.2.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share (%) Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Asia Silicon (Qinghai) Co. Ltd

      2. 6.4.2 Daqo New Energy Co. Ltd

      3. 6.4.3 GCL-TECH

      4. 6.4.4 Hemlock Semiconductor Operations LLC And Hemlock Semiconductor LLC

      5. 6.4.5 Mitsubishi Polycrystalline Silicon America Corporation

      6. 6.4.6 OCI Company Ltd

      7. 6.4.7 Qatar Solar Technologies

      8. 6.4.8 REC Silicon ASA

      9. 6.4.9 Sichuan Yongxiang Co. Ltd (Tongwei)

      10. 6.4.10 Tokuyama Corporation

      11. 6.4.11 Wacker Chemie AG

      12. 6.4.12 Xinte Energy Co. Ltd

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Technological Advancement in Production Process


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Polysilicon Market Companies Summary

The global polysilicon market, which experienced a downturn due to the COVID-19 pandemic, has seen a significant recovery in recent years. The market is driven by an increase in solar photovoltaic installations and growth in the semiconductor industry. However, emerging competitors and high capital expenditures pose challenges. Technological advancements in production processes present opportunities for growth. The Asia-Pacific region, particularly China and India, dominates the market due to their high consumption rates. Polysilicon is a crucial material in the solar photovoltaic industry, used in the manufacture of silicon-based solar cells. The solar PV industry is one of the fastest-growing sectors globally, and the rising demand for solar power is expected to boost the demand for polysilicon. The Asia-Pacific region is a significant consumer of polysilicon, with China, South Korea, and India leading consumption. The market is consolidated, with a few major players dominating global production.

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Polysilicon Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Market Share (%) Analysis

    3. 1.3 Strategies Adopted by Leading Players

    4. 1.4 Company Profiles

      1. 1.4.1 Asia Silicon (Qinghai) Co. Ltd

      2. 1.4.2 Daqo New Energy Co. Ltd

      3. 1.4.3 GCL-TECH

      4. 1.4.4 Hemlock Semiconductor Operations LLC And Hemlock Semiconductor LLC

      5. 1.4.5 Mitsubishi Polycrystalline Silicon America Corporation

      6. 1.4.6 OCI Company Ltd

      7. 1.4.7 Qatar Solar Technologies

      8. 1.4.8 REC Silicon ASA

      9. 1.4.9 Sichuan Yongxiang Co. Ltd (Tongwei)

      10. 1.4.10 Tokuyama Corporation

      11. 1.4.11 Wacker Chemie AG

      12. 1.4.12 Xinte Energy Co. Ltd

    5. *List Not Exhaustive

Polysilicon Companies FAQs

Sichuan Yongxiang Co. Ltd (Tongwei Co. Ltd), GCL-TECH, DaqoNew Energy Co. Ltd, Wacker ChemieAG and XinteEnergy Co. Ltd are the major companies operating in the Polysilicon Market.

Polysilicon Market Report Snapshots

Polysilicon Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)