Global polysilicon market report: 2011 edition

DUBLIN, IRELAND: Research and Markets has announced the addition of the "Global Polysilicon Market Report: 2011 Edition" report to its offering.

Polysilicon has a major influence on its end markets - Semiconductor and Photovoltaic industry. Polysilicon is the substrate upon which primarily all semiconductors are manufactured. Polysilicon is an important component for silicon-based solar cells. Consumption of solar industry grew more than its traditional share of available polysilicon, thereby spreading concerns about potential polysilicon shortages in the mid 2000's. Consequently, ambitious capacity expansions were announced by established silicon suppliers.

Global market for polysilicon has been growing rapidly resulting into an imbalance between demand and supply, with rigorous growth in its end markets especially in solar industry. All the major producers have begun thinking about enhancing their capacity by making strategies for polysilicon capacity addition.

However, global polysilicon imbalance has been anticipated to shift from deficit to oversupply in the years ahead due to the addition of new polysilicion capacities. A lot of attention has been given to polysilicon availability, given the explosive growth of photovoltaics in recent years.

Competition in polysilicon market is highly dependent on capacity. Established poly-silicon producers such as Hemlock, Wacker Chemie, Renewable Energy Corp. (REC), Monsanto Electronic Materials Co. (MEMC), Tokyama and LDK Solar that produce top-quality silicon are the market leaders of the market.