금속규소 시장 규모, 점유율, 동향 분석 보고서 : 용도별, 지역별, 부문별 예측(2025-2030년)

Silicon Metal Market Growth & Trends:

The global silicon metal market size is expected to reach USD 9.78 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.0% from 2025 to 2030. The industry is expected to be driven by rising installations of photovoltaic cells, strong demand from aluminum producers, and increasing demand from semiconductor manufacturers.

About 44% of the total silicon metal output is used for the production of aluminum alloys. The addition of the product to the aluminum production process minimizes shrinkage and cracking and improves castability. The recent trend indicates aluminum being used as an alternative to steel and other metals to manufacture lighter weight automotive parts to attain fuel efficiency. This is a positive sign for the market.

Asia Pacific dominated the market in 2019 owing to strong domestic demand from China. China is a leader in terms of aluminum production and also has growth potential for silicone manufacturing. Therefore, the country also leads in terms of silicon metal production to cater to its large domestic demand and capitalize on undersupplied foreign markets.

In the chemical industry, the product is used for silicone manufacturing. Silicones, in turn, are used in a wide array of end-use industries, including construction, transportation, healthcare electronics, and textiles. The global silicone production is highly consolidated as it is dominated by five players - the top 5 producers account for approximately 85% of the output. As a result, the bargaining power of buyers in the silicones industry is high.

The production, as well as consumption of silicones, are mostly concentrated in North America and Europe, although there is a substantial growth potential from developing economies such as China. The increasing disposable income, growing construction output, and improving industrial products are likely to improve the demand and production of silicones, which, in turn, is expected to benefit the market growth.

The solar industry is another key application of the product, which is expanding at a rapid rate. The product is a critical raw material in the manufacturing of photovoltaics. This can be illustrated from the fact that the global photovoltaic installations doubled between 2015 and 2017. However, there was a drop in installations in 2018, following Chinese policy reforms. However, the future outlook looks lucrative as the rate of PV installations is rapidly increasing in developing economies.

Silicon Metal Market Report Highlights:

• The aluminum application segment dominated the market with a revenue share of more than 38.9% in 2024 as silicon metal is an important alloying element used for the production of aluminum.
• The solar and semiconductor segment is expected to grow at the fastest CAGR of 4.5% over the forecast period.
• Asia Pacific dominated the market with a revenue share of 40.5% in 2024 owing to the presence of a large aluminum production base in the region.
• China's silicon metal dominated the Asia Pacific, with the largest revenue share in 2024.

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definition
• 1.3. Information Procurement
  • 1.3.1. Purchased Database
  • 1.3.2. GVR's Internal Database
  • 1.3.3. Secondary Sources & Third-Party Perspectives
  • 1.3.4. Primary Research
• 1.4. Information Analysis
  • 1.4.1. Data Analysis Models
• 1.5. Market Formulation & Data Visualization
• 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

• 2.1. Market Snapshot
• 2.2. Segment Snapshot
• 2.3. Competitive Landscape Snapshot

Chapter 3. Silicon Metal Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
  • 3.1.1. Parent Market Outlook
  • 3.1.2. Related Market Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Regulatory Framework
• 3.4. Market Dynamics
  • 3.4.1. Market Driver Analysis
  • 3.4.2. Market Restraint Analysis
  • 3.4.3. Industry Challenges
  • 3.4.4. Industry Opportunities
• 3.5. Industry Analysis Tools
  • 3.5.1. Porter's Five Forces Analysis
  • 3.5.2. Macro-environmental Analysis

Chapter 4. Silicon Metal Market: Application Estimates & Trend Analysis

• 4.1. Segment Dashboard
• 4.2. Silicon Metal Market: Application Movement Analysis & Market Share, 2024 & 2030
• 4.3. Aluminum
  • 4.3.1. Silicon Metal Market Revenue Estimates and Forecasts, in Aluminum, 2018 - 2030 (Kilotons) (USD Million)
• 4.4. Silicones
  • 4.4.1. Silicon Metal Market Revenue Estimates and Forecasts, in Silicones, 2018 - 2030 (Kilotons) (USD Million)
• 4.5. Solar & Semiconductor
  • 4.5.1. Silicon Metal Market Revenue Estimates and Forecasts, in Solar & Semiconductor, 2018 - 2030 (Kilotons) (USD Million)

Chapter 5. Silicon Metal Market: Regional Estimates & Trend Analysis

• 5.1. Regional Movement Analysis & Market Share, 2024 & 2030
• 5.2. North America
  • 5.2.1. North America Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.2.2. U.S.
    • 5.2.2.1. Key country dynamics
    • 5.2.2.2. U.S. silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.2.3. Canada
    • 5.2.3.1. Key country dynamics
    • 5.2.3.2. Canada silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.2.4. Mexico
    • 5.2.4.1. Key country dynamics
    • 5.2.4.2. Mexico silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
• 5.3. Europe
  • 5.3.1. Europe Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.3.2. Russia
    • 5.3.2.1. Key country dynamics
    • 5.3.2.2. Russia silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.3.3. Germany
    • 5.3.3.1. Key country dynamics
    • 5.3.3.2. Germany silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.3.4. Norway
    • 5.3.4.1. Key country dynamics
    • 5.3.4.2. Norway silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.3.5. France
    • 5.3.5.1. Key country dynamics
    • 5.3.5.2. France silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
• 5.4. Asia Pacific
  • 5.4.1. Asia Pacific Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.2. China
    • 5.4.2.1. Key country dynamics
    • 5.4.2.2. China silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.3. India
    • 5.4.3.1. Key country dynamics
    • 5.4.3.2. India silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.4.4. Japan
    • 5.4.4.1. Key country dynamics
    • 5.4.4.2. Japan silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
• 5.5. Latin America
  • 5.5.1. Latin American Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)
  • 5.5.2. Brazil
    • 5.5.2.1. Key country dynamics
    • 5.5.2.2. Brazil silicon metal market estimates & forecast, 2018 - 2030 (Kilotons) (USD Million)
• 5.6. Middle East & Africa
  • 5.6.1. Middle East & Africa Market Estimates & Forecast, 2018 - 2030 (Kilotons) (USD Million)

Chapter 6. Silicon Metal Market - Competitive Landscape

• 6.1. Recent Developments & Impact Analysis, By Key Market Participants
• 6.2. Company Categorization
• 6.3. Company Heat Map
• 6.4. Position Analysis, 2024
• 6.5. Strategy Mapping
  • 6.5.1. Expansion
  • 6.5.2. Mergers & Acquisition
  • 6.5.3. Partnerships & Collaborations
  • 6.5.4. New Product Launches
  • 6.5.5. Research And Development
• 6.6. Company Profiles
  • 6.6.1. Ferroglobe
    • 6.6.1.1. Participant's overview
    • 6.6.1.2. Financial performance
    • 6.6.1.3. Product benchmarking
    • 6.6.1.4. Recent developments
  • 6.6.2. Dow
    • 6.6.2.1. Participant's overview
    • 6.6.2.2. Financial performance
    • 6.6.2.3. Product benchmarking
    • 6.6.2.4. Recent developments
  • 6.6.3. Elkem ASA
    • 6.6.3.1. Participant's overview
    • 6.6.3.2. Financial performance
    • 6.6.3.3. Product benchmarking
    • 6.6.3.4. Recent developments
  • 6.6.4. RIMA INDUSTRIAL
    • 6.6.4.1. Participant's overview
    • 6.6.4.2. Financial performance
    • 6.6.4.3. Product benchmarking
    • 6.6.4.4. Recent developments
  • 6.6.5. RusAL
    • 6.6.5.1. Participant's overview
    • 6.6.5.2. Financial performance
    • 6.6.5.3. Product benchmarking
    • 6.6.5.4. Recent developments
  • 6.6.6. LIASA
    • 6.6.6.1. Participant's overview
    • 6.6.6.2. Financial performance
    • 6.6.6.3. Product benchmarking
    • 6.6.6.4. Recent developments
  • 6.6.7. Wacker Chemie AG
    • 6.6.7.1. Participant's overview
    • 6.6.7.2. Financial performance
    • 6.6.7.3. Product benchmarking
    • 6.6.7.4. Recent developments
  • 6.6.8. Hoshine Silicon Industry Co., Ltd.
    • 6.6.8.1. Participant's overview
    • 6.6.8.2. Financial performance
    • 6.6.8.3. Product benchmarking
    • 6.6.8.4. Recent developments
  • 6.6.9. Anyang Huatuo Metallurgy Co., Ltd
    • 6.6.9.1. Participant's overview
    • 6.6.9.2. Financial performance
    • 6.6.9.3. Product benchmarking
    • 6.6.9.4. Recent developments
  • 6.6.10. Mississippi Silicon
    • 6.6.10.1. Participant's overview
    • 6.6.10.2. Financial performance
    • 6.6.10.3. Product benchmarking
    • 6.6.10.4. Recent developments