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The global silicon tetrachloride market witnessed a healthy growth in the historical period of 2018-2023. The market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.
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The silicon tetrachloride industry is driven by the rising demand for optical fibre, which is a major application segment of silicon tetrachloride. There is an overall spurt in the demand for technological products like tablets, smartphones, and the emergence of other high-tech communication devices that incorporate the use of optic fibres in the manufacturing process; as a result, the silicon tetrachloride industry is rising. The fibre optics have varied applications, including but not limit to oil and gas, military, and aerospace.
Region-wise, the market for silicon tetrachloride and the ultra-pure variant of the product is witnessing a rise in China, which is supporting the expansion of silicon tetrachloride within the Asia Pacific region. The demand for consumer electronics, as well as data processing, is expected to accelerate over the forecast period.
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Silicon tetrachloride is a colourless inorganic compound, which is volatile in nature and has a low boiling point. It is used as a surface modifying agent and as an intermediate in the synthesis of silicon-based products. The chemical can be obtained in the form of a by-product of polycrystalline silicon.
On the basis of application, the market is divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market for silicon tetrachloride is driven by the growing demand for high purity silicon and silica for commercial purposes, as it is used in the manufacturing of silicon and silica. The market for silicon tetrachloride is driven by the rising demand for semiconductors and photovoltaic (PV) cells, which utilises high purity silicon. The chemical is corrosive to metals in the presence of moisture, and the pure variant is non-flammable. The chemical is used to synthesise various silicon-based chemicals and, also, in chemical analysis. Further, silicon tetrachloride is widely used in the production of semiconductors and optical fibre. The market for silicon tetrachloride is witnessing a high demand owing to budding industries of communications, electronics, and GPS devices manufacturing industries across the world.
The report gives a detailed analysis of the following key players in the global silicon tetrachloride market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global silicon tetrachloride market is projected to grow at a CAGR of 4% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand for optical fibre and consumer electronics, increasing demand for high purity silicon and silica for commercial purposes, and growing demand for semiconductors and photovoltaic cells, are expected to aid the market growth.
The key trends guiding the growth of the market include the healthy growth of the communications and electronics industries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading application segments in the market are chemical intermediate, semiconductors, photovoltaic cells, and optical fibre, among others.
The major players in the industry are Evonik Industries AG, Air Products and Chemicals, Inc, Momentive Specialty Chemicals Inc., Shandong Xinlong Group, and Merck KGaA, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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