Trichlorosilane Market By Purity (Standard Grade, Electronic Grade); By Application (Polysilicon Production for Solar Cells, Silicon Production for Electronics and Semiconductors, Chemical Intermediate); By End-Use Industry (Solar Energy, Electronics & Semiconductors, Chemical Manufacturing, Optoelectronics); By Production Method (Siemens Process, Direct Chlorination); By Geography, Segment revenue estimation, Forecast, 2024-2032.

The Trichlorosilane market in 2023 was worth USD 5.2 billion and is expected to be worth USD 10.94 billion by 2030, expanding at a CAGR of 9.75% during the forecast period.

 

TCS market is being driven by its use in polysilicon production, which has enormous applications in the expanding solar energy and semiconductor sectors. As global energy transformation towards utilizing renewable energy, there has been an increase in the use of solar panels with estimates of over 1,200 GW set to be installed by 2030. Trichlorosilane is also an important feedstock in manufacturing high-purity silicon, which is used in the solar industry today, thus making this material critical in the development of the solar industry.

 

Also, in the semiconductor industry, there is increasing demand for integrated circuits and microelectronics, and according to experts, the global semiconductor market will reach $1 trillion by the end of 2030. Some of the latest trends include the incorporation of technology in solar PV and the production of ultra-pure polysilicon using trichlorosilane to meet the high standards that are needed in electronics and solar cells. The focus of the manufacturers on switching to renewable energy and the hi-tech industry has further increased the requirement for trichlorosilane around the world.

 

The global trichlorosilane (TCS) market represents promising opportunities owing to the growing photovoltaic solar energy and increasing need for high-purity polysilicon. As the international renewable power targets get ramped up, the solar energy generation capacity is projected to grow beyond 2,000 GW by 2030, boosting the demand for trichlorosilane used in manufacturing polysilicon in solar panels.

 

One of the recent developments includes China, which has invested hugely in manufacturing solar photovoltaic (PV), and trichlorosilane is used to produce ultra-pure silicon in both fields. Moreover, growth in the number of electric vehicles, consumer electronics, and other appliances is the factor that is spurring the semiconductor market higher and, in turn, is creating a market for trichlorosilane as a basic material. The increasing need for decarbonization, the development of innovative technologies, and the emergence of new industries are key drivers in the potential for growth opportunities for the TCS market.

 

 

Market Segmentation

By Purity:

• Standard Grade

• Electronic Grade

 

By Application:

• Polysilicon Production (for Solar Cells)

• Silicon Production (for Electronics and Semiconductors)

• Chemical Intermediate

 

By End-Use Industry:

• Solar Energy

• Electronics & Semiconductors

• Chemical Manufacturing

• Optoelectronics

 

By Production Method:

• Siemens Process

• Direct Chlorination

 

By Region

North America

• US

• Mexico

• Canada

• Rest of North America

 

Europe

• Switzerland

• Russia

• France

• Germany

• U.K

• Finland

• Turkey

• Netherlands

• Belgium

• Spain

• Italy

• Rest of Europe

 

Asia Pacific

• India

• China

• South Korea

• Japan

• Singapore

• Thailand

• Indonesia

• Malaysia

• Philippines

• Australia

• Rest of Asia-Pacific

 

LAMEA

• Brazil

• Argentina

• Uruguay

• Saudi Arabia

• Rest of LAMEA

 

Currently, the Asia-Pacific region holds the largest market share for trichlorosilane (TCS) owing to the region’s emphasis on the solar energy sector and semiconductor industries. China and Japan are the world’s largest producers of polysilicon, a material widely used in producing solar panels, and both rely on trichlorosilane to create the material. Singlehandedly, China produces over 70% of the global polysilicon, thus making it the biggest consumer of trichlorosilane.

Some of the latest trends include China’s increased solar photovoltaic (PV) manufacturing efforts and large-scale investments in polysilicon factories required to meet the growing global and internal demand for solar energy products. Besides, the region's expanded electronics and semiconductors industries increase the need for high-purity trichlorosilane used in wafer and chip manufacturing as well. All these factors give Asia-Pacific the lion's share in the TCS market.

 

Key Players

• Wacker Chemie AG

• The Dow Chemical Company

• OCI Company Ltd.

• Tokuyama Corporation

• Hemlock Semiconductor Corporation

• GCL-Poly Energy Holdings Limited

• Momentive Performance Materials

• REC Silicon ASA

• Linde Group

• Evonik Industries AG