Polycrystalline Silicon Market Outlook, Top Key Players,
Industry Growth Analysis and Forecast to 2022
Polycrystalline Silicon Market report on is foretold to provide a robust
support for industry players to lay a solid foundation for their business
growth. It includes a comprehensive evaluation of the market’s growth
status and market risk. Furthermore, it provides detail industry
analysis - porter’s, market variables, trends & key opportunities.
Polycrystalline silicon is also known as “polysilicon” or “poly-Si”. Basically, it is a high purity,
polycrystalline form of silicon used as a raw data by the solar photovoltaic and electronics industry. It
is manufactured from metallurgical grade silicon with a help of a chemical purification process called
as “Siemens process”. The procedure involves distillation of volatile silicon compounds, and further
they are being decomposed into silicon at high temperatures.
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The reason behind the worldwide growth of solar PV installation is the increase in consumers’
awareness and government initiatives for sustainable energy. China, Japan, and U.S. together make
up two thirds of the global solar PV market. Polysilicon is considered to be the building block of more
than 90% of the photovoltaic solar panels globally. As a result, the growth of the solar PV industry is