The trichlorosilane market is anticipated to amass USD 9.5 billion in annual valuation by 2028, quotes a recent research report by Global Market Insights Inc.
Significant strides in the semiconductor business avenue worldwide will significantly influence the growth of the trichlorosilane market in the years to come. Owing to its wide availability and properties of reactivity, it is frequently employed in the synthesis of silicon-containing organic compounds. In fact, trichlorosilane gas is most often employed for producing silicon films with the help of chemical vapor deposition. This inorganic compound is also employed as a raw material or intermediate in the manufacturing of organosilicones.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4398
Apart from seeking usage in the preparation of silicon for semiconductors, trichlorosilane is used as an active ingredient in making polysilicon and silicone resins. To meet the growing demand across these applications and for increased market share, several key trichlorosilane industry players are turning to investments, acquisitions, and partnerships. For instance, in September 2020, Dupont sold its trichlorosilane business and its equity interest in the Hemlock Semiconductor JV (joint venture) to Hemlock for $725 million to cater to demands across the semiconductor and solar industries.
In addition to these pointers, penned below are some noteworthy factors that may signify the burgeoning of this market avenue.
Greater adoption of hydrochlorination process
The hydrochlorination process for producing trichlorosilane has surged in popularity in recent years, on account of the rising efforts essayed towards improving the yield of solar as well as the semiconductor grade polycrystalline silicon processes. One of the main reasons this process is preferred is its advantage of continuously operating for a year and more between shutdowns. The higher incorporation of several methods that carry out synthesis for polycrystalline silicon production will additionally drive the trichlorosilane market growth.
Requirement in silane coupling agents
The growing importance of silanes as molecular bridges between organic and inorganic materials for extensive usage as adhesion promoters in various applications will substantially anchor the demand for trichlorosilane in silane coupling agents. This has also paved the way for improved mechanical strength of mechanical materials for improved adhesion as well as better resin and surface modification. The rising need for silane coupling agents in natural fiber and polymer composites will also infuse a positive scenario for the product application outlook.
Asia Pacific as a major consumer
The rising rate of semiconductor production mainly in China will favor the Asia Pacific trichlorosilane industry development. It has been estimated that over 75% of the semiconductor manufacturing across the globe occurs in China and East Asia. Of late, there has been a substantial rise in the number of polysilicon production facilities in the continent, further favoring the demand for trichlorosilane. The robust presence of some major industry players, including Mitsubishi is another factor that will assist with the industry expansion.
Request For TOC of Report @ https://www.gminsights.com/toc/detail/trichlorosilane-market
To add further, the demand for trichlorosilane is set to expand in the future, impelled by widespread usage in silicon epi applications, inclusive of semi fab and semi wafer production. It is also utilized with HCl to deposit an epitaxial film on wafers. The rising application scope in polycrystalline silicon will play an ideal role in the trichlorosilane market progression.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
Email: [email protected]