The global silicon tetrachloride market is estimated to exhibit a CAGR of 4.8% between 2023 to 2032.
The silicon tetrachloride market size was estimated to be US$ 2.28 Billion in 2022.
The global silicon tetrachloride market is driven by several factors, including the growing demand for electronic devices, the expansion of the semiconductor industry, the increase in the demand for high-purity silicon wafers, and technological advancements.
The chemical intermediate application is the largest, as it is used as an intermediate in the production of various chemicals and compounds, such as silicon, silica, and silanes.
The Asia-Pacific region is the fastest growing, as it is experiencing rapid economic growth and industrialization. The increasing demand for electronic devices and the expansion of the semiconductor industry are driving the growth of the market in the region.
The optic fiber preform segment is the fastest growing, as it is used in the production of optical fibers, which are widely used in the telecommunications industry.
The production grade segment is the largest, as it is used in the production of high-purity silicon wafers and other semiconductor products. It is characterized by high-quality and high-purity levels, making it ideal for use in the semiconductor industry.
Tosoh Corporation, Dow Chemical Company, Wacker Chemie AG, Momentive Performance Materials Inc., Shin-Etsu Chemical Co., Ltd., Evonik Industries AG, Merck KGaA, Albemarle Corporation, Ferro Corporation, Solvay S.A., Nagase & Co., Ltd., Nippon Steel Corporation, Showa Denko K.K., Mitsubishi Chemical Corporation, Saint-Gobain S.A among others, are the biggest companies in the silicon tetrachloride market.
Copyright © 2024 Same Page Management Consulting Pvt. Ltd. (insightSLICE) | All Rights Reserved