PV-grade Polysilicon Industry Forecast Report 2025-2034 - Hemlock Semiconductor Corp., Wacker Chemie, GCL-Poly Energy, OCI Company, and REC Silicon Lead the Competition - ResearchAndMarkets.com

The "PV-grade Polysilicon Market - A Global and Regional Analysis: Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to ResearchAndMarkets.com's offering.

The Global PV-grade Polysilicon Market is witnessing robust growth due to the increasing demand for photovoltaic (PV) cells and solar panels. As the world transitions toward cleaner energy sources, solar power is emerging as one of the most reliable and sustainable options. With the continuous advancement in solar technology, the market for PV-grade polysilicon is expected to expand significantly over the next decade.

In 2025, the market will benefit from the accelerated deployment of solar energy projects globally, especially in regions with high solar insolation like Asia-Pacific and North America. By 2034, the increasing demand for renewable energy and the falling costs of PV-grade polysilicon will fuel even greater market growth. As a result, polysilicon producers will focus on scaling up production capacity while improving the sustainability of their processes to cater to the growing demand from the solar industry.

A notable trend in the PV-grade polysilicon market is the increasing adoption of advanced production technologies like the fluidized bed reactor (FBR) process. This trend allows manufacturers to produce high-quality polysilicon at lower costs, improving efficiency and driving competitive pricing in the global market. Additionally, the focus on recycling and reuse of silicon from decommissioned panels is gaining momentum, further contributing to sustainability goals in the industry.

The primary driver for the PV-grade polysilicon market is the growing global demand for solar energy. As nations work to meet renewable energy targets and mitigate climate change, solar power is seen as a critical solution. This demand is further supported by falling installation costs, technological innovations in solar panel efficiency, and favorable government policies encouraging clean energy adoption.

A significant restraint is the high capital investment required for establishing polysilicon production plants and the dependence on raw materials such as silicon feedstock. Moreover, geopolitical tensions and trade restrictions can affect the supply chain for polysilicon, creating uncertainties in the market.

An emerging opportunity lies in the development of next-generation solar technologies, including bifacial solar panels and solar cells with higher efficiency ratings. These innovations require advanced polysilicon, presenting a lucrative opportunity for producers to capture higher market shares by catering to the evolving needs of the solar energy industry.

Key Players in the PV-grade Polysilicon Market

• Hemlock Semiconductor Corporation
• Wacker Chemie AG
• GCL-Poly Energy Holdings Limited
• OCI Company Ltd.
• REC Silicon ASA
• Tokuyama Corporation
• Daqo New Energy Corp.
• TBEA Co. Ltd.
• East Hope Group
• Sichuan Yongxiang Co. Ltd.

Key Topics Covered

1. Markets: Industry Outlook

1.1 Trends: Current and Future Impact Assessment

1.2 Stakeholder Analysis

1.2.1 Use Case

1.2.2 End User and Buying Criteria

1.3 Market Dynamics Overview

1.3.1 Market Drivers

1.3.2 Market Restraints

1.3.3 Market Opportunities

1.4 Regulatory & Policy Impact Analysis

1.5 Patent Analysis

1.6 Start-Up Landscape

1.7 Total Addressable Market

1.8 Investment Landscape and R&D Trends

1.9 Future Outlook and Market Roadmap

1.10 Supply Chain Analysis

1.11 Value Chain Analysis

1.12 Global Pricing Analysis

1.13 Industry Attractiveness

2. PV-grade Polysilicon Market (by Application)

2.1 Application by Product Segmentation

2.2 Application by Product Summary

2.3 PV-grade Polysilicon Market (by Application)

2.3.1 Photovoltaic Cells

2.3.2 Monocrystalline Solar Panels

2.3.3 Polycrystalline Solar Panels

2.4 PV-grade Polysilicon Market (by End-Use Industry)

2.4.1 Residential

2.4.2 Commercial

2.4.3 Industrial

2.4.4 Others

3. PV-grade Polysilicon Market (by Product)

3.1 Product Segmentation

3.2 Product Summary

3.3 PV-grade Polysilicon Market (by Manufacturing Process)

3.3.1 Siemens Process

3.3.2 Fluidized bed reactor (FBR) process

3.4 PV-grade Polysilicon Market (by Form)

3.4.1 Granular

3.4.2 Chunk

3.4.3 Rod

4. PV-grade Polysilicon Market (by Region)

4.1 PV-grade Polysilicon Market (by Region)

4.2 North America

4.3 Europe

4.4 Asia-Pacific

4.5 Rest-of-the-World

5. Markets - Competitive Benchmarking & Company Profiles

5.1 Next Frontiers

5.2 Geographic Assessment

5.3 Company Profiles

5.3.1 Hemlock Semiconductor Corporation

5.3.1.1 Overview

5.3.1.2 Top Products/Product Portfolio

5.3.1.3 Top Competitors

5.3.1.4 Target Customers

5.3.1.5 Key Personnel

5.3.1.6 Analyst View

5.3.1.7 Market Share

5.3.2 Wacker Chemie AG

5.3.3 GCL-Poly Energy Holdings Limited

5.3.4 OCI Company Ltd.

5.3.5 REC Silicon ASA

5.3.6 Tokuyama Corporation

5.3.7 Daqo New Energy Corp.

5.3.8 TBEA Co. Ltd.

5.3.9 East Hope Group

5.3.10 Sichuan Yongxiang Co. Ltd.

5.3.11 Asia Silicon (Qinghai) Co. Ltd.

5.3.12 Xinte Energy Co. Ltd.

5.3.13 Mitsubishi Materials Corporation

5.3.14 Qatar Solar Technologies

5.3.15 LDK Solar Co. Ltd.

6. Research Methodology

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