As of 2024, the global polysilicon market was estimated to have a value of nearly 14.5 billion U.S. dollars. It is forecast that in 2029, this value will grow to nearly 27 billion U.S. dollars.
Polysilicon, also known as polycrystalline silicon or poly-Si, is a polycrystalline form of the elemental metal silicon. It has a high purity and is obtained through metallurgical grade silicon using a chemical purification process.
Market value of polysilicon worldwide in 2023 and 2024, with a forecast for 2029
(in million U.S. dollars)
*Estimated as of mid-2024.
**Forecast based on a CAGR of 13.21 percent over the forecast period 2024-2029.
This statistic has been assembled using several editions of the press release from the source.
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Mordor Intelligence. (May 13, 2024). Market value of polysilicon worldwide in 2023 and 2024, with a forecast for 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/740690/polysilicon-global-market-value/
Mordor Intelligence. "Market value of polysilicon worldwide in 2023 and 2024, with a forecast for 2029 (in million U.S. dollars)." Chart. May 13, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/740690/polysilicon-global-market-value/
Mordor Intelligence. (2024). Market value of polysilicon worldwide in 2023 and 2024, with a forecast for 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/740690/polysilicon-global-market-value/
Mordor Intelligence. "Market Value of Polysilicon Worldwide in 2023 and 2024, with a Forecast for 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 13 May 2024, https://www.statista.com/statistics/740690/polysilicon-global-market-value/
Mordor Intelligence, Market value of polysilicon worldwide in 2023 and 2024, with a forecast for 2029 (in million U.S. dollars) Statista, https://www.statista.com/statistics/740690/polysilicon-global-market-value/ (last visited December 22, 2024)
Market value of polysilicon worldwide in 2023 and 2024, with a forecast for 2029 (in million U.S. dollars) [Graph], Mordor Intelligence, May 13, 2024. [Online]. Available: https://www.statista.com/statistics/740690/polysilicon-global-market-value/
