Global Polysilicon Market Report: 2014 Edition - New Report by Koncept Analytics

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Global Polysilicon Market ----------------------
------------------------------- 2014
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• Executive Summary
• Polycrystallion silicon, commonly known as
  polysilicon, is a hyper-pure form of silicon. It
  is classified on the basis of varying purity
  levels into three broad categories
  Electronic-grade Silicon (9N), Medium-grade
  Silicon (6-7N), and Upgraded Metallurgical-grade
  Silicon (gt5N). Solar and semiconductor industries
  are the two major end markets of polysilicon. The
  global polysilicon market witnessed a declining
  trend in the past year which was primarily due to
  excess capacity and low prices in the industry.
• The key factors driving the growth of the
  aforementioned industry are solar cell market,
  semiconductor industry and accelerating global
  economy. Some of the noteworthy trend and
  developments of this industry are decreasing
  production cost, stabilizing prices and strong
  growth rate in the solar market. However, there
  are a number of hurdles that are holding the
  polysilicon market, such as industrial
  overcapacity and heavy capital and time
  requirement to establish the business.
• The report contains a comprehensive analysis of
  the global polysilicon industry along with
  detailed study of regional markets including
  China and Japan. An intense competition is noted
  among few major players Wacker Chemie AG, REC
  Silicon ASA, GCL and SunEdison. Global
  competitive analysis is also included in the
  report along with company profiles of the leading
  players in the market.
• The report Global Polysilicon Market also
  analyzes the end markets of the polysilicon
  industry, including solar and semiconductor
  industry. By taking into account the major
  segments of the aforementioned industries, the
  market outlook of the polysilicon industry is
  also discussed in detailed in the report.

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Polycrystallion silicon, commonly known as
polysilicon, is a hyper-pure form of silicon and
is earths second most abundant element.

• The production of the polysilicon accounted for
  ton, depicting a slight decline of in 2013
  from . ton in the prior year. This decrease was
  mainly on the back of major overcapacity in 2012.
  Many companies were shut down in 2012, especially
  in China, after the problem of overcapacity
  prevailed and prices were reduced to the minimum.
  The industry recorded astounding CAGR of
  during the period spanning from 2009 to 2013.
• The estimated overcapacity in the polysilicon
  industry in 2013 is MW which is lower than
  the overcapacity in the prior year, which
  accounted for . MW. 2012 witnessed the maximum
  overcapacity in the industry ever as several new
  and established players in the industry moved to
  build significant new capacity.
• As per the current scenario, the major end market
  of polysilicon is the solar industry, which
  accounted for a staggering . of global
  polysilicon end demand in 2013. Semiconductor
  industry held of the end demand of polysilicon
  in the aforementioned period.

Global Polysilicon Production (2005-2013E)
Polysilicon End Market (2013)
Overcapacity in Polysilicon Industry (2009-2013E)
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The global polysilicon market witnessed a
declining trend in the past year which was
primarily due to excess capacity and low prices
in the industry.

• Following the rising trend towards the use of
  renewable energy, the demand of the solar PV and
  hence the demand of the polysilicon is increasing
  at a fast pace. The estimated demand of
  polysilicon reached GW in 2013 from GW in 2012,
  depicting an incline of .. The polysilicon
  demand is expected to increase at a CAGR of
  for the period spanning 2007-2013.
• As of year 2013, Tier 1 companies accounted for
  the maximum share of the global polysilicon
  capacity, even though the capacity expansion plan
  remained on hold for this segment in the citied
  period. share of the total capacity is held by
  aforementioned segment. Tier 2 held of the
  global capacity, followed by the Tier 3 segment
  which accounted for share.
• Global polysilicon market is rebalanced to some
  extend in year 2013, after experiencing the
  oversupply since 2011. Polysilicon industrial
  cost is one of the factors responsible for this
  upturn. The cost of the top producer rests at
  US../kg, whereas the cost of the very small
  producers reaches as high as US../kg.

Global Polysilicon Demand (2007-2013E)
Polysilicon Capacity Breakdown by Tier (2013)
Global Polysilicon Industry Cost Curve (2013)
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The key factors driving the growth of the
polysilicon industry are solar cell market,
semiconductor industry and accelerating global
economy.
Japans Sales Value of Polysilicon (2007-2012)

• Japan is projected to dominate the polysilicon
  market in the next couple of years. As of 2012,
  the production volume of polysilicon in Japan
  accounted for . tons, depicting a decline of
  ., compared to the production volume of . tons
  in the previous year.
• As of 2013, the whole of Europe accounted for
  share of the global solar PV demand. China
  accounted for . of the global demand, followed
  by Japan with . The US held . of the total
  share of demand in the cited period.
• The solar PV market has grown since 2010 and is
  further projected to accelerate at a significant
  rate. The CAGR of solar PV demand grew at an
  amazing rate of from 2010 to 2013. As of 2013,
  the global demand of the aforementioned industry
  accounted for . GW, up by ., from . GW in
  2012. The global demand is further anticipated to
  reach GW in 2014, accounting for . increase
  compared to 2013.

Global Solar PV Demand Breakdown (2013)
Global Solar PV Demand (2007-2015E)
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Some of the noteworthy trend and developments of
polysilicon industry are decreasing production
cost, stabilizing prices and strong growth rate
in the solar market.
Global Polysilicon Demand (2013E-2017E)
Overcapacity in Polysilicon Industry (2013E-2017E)

• As of 2013, the overcapacity in the global
  polysilicon industry is estimated to be .. GW.
  The overcapacity is forecasted to have a
  declining trend till 2015 and then increase to
  staggering level of . GW by 2017. The same is
  poised to increase by ., compared to 2013. The
  overcapacity in 2015 is estimated to account for
  . MW, representing a decline of ., compared to
  2013. The reasons behind this decline are the
  measures that were taken to encounter the
  overcapacity in 2012. However, the future plan of
  major manufactures of polysilicon, to increase
  the production capacity, is likely to push the
  overcapacity in 2017.
• The global polysilicon market is growing at a
  very fast pace. Factors like increasing solar PV
  market, growing semiconductor industry and
  improving economic condition are driving the
  market. The global demand of polysilicon is
  poised to grow at a compounded annual growth rate
  of . from . GW in 2013 to GW in 2017.
• The future solar market is anticipated to
  increase by addition of extra capacity of . MW
  and .. MW in 2014 and 2015, respectively. The US
  is expected to have maximum additional capacity
  of .. MW in 2015, followed by China, which is
  projected to have . MW additional capacity.

Note Market attractiveness is inverse of
penetration. Low penetration means high
attractiveness and vice-versa
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• Table of Contents
• 1. Overview
• 1.1 Applications of Polysilicon
• 1.2 Manufacturing Process of Polysilicon
• 1.3 Types of Polysilicon
• 1.3.1 Electronic-grade Silicon (9N)
• 1.3.2 Medium-grade Silicon (6-7N)
• 1.3.3 Upgraded Metallurgical-grade Silicon (gt 5N)
• 2. Polysilicon Market Analysis
• 2.1 Global Market
• -Production Volume
• -Capacity Utilization
• -Demand Growth
• -Overcapacity

List of ChartsManufacturing Process of
Polysilicon Polysilicon End Market (2013) Global
Polysilicon Production (2005-2013E) Global
Polysilicon Capacity and Capacity Utilisation
(2005-2013E) Polysilicon Capacity Breakdown by
Tier (2013) Global Polysilicon Demand
(2007-2013E) Overcapacity in Polysilicon Industry
(2009-2013E) Polysilicon Spot Prices (June
2010-November 2013) Global Polysilicon Industry
Cost Curve (2013) Chinas Solar Market
(2011-2014E) Chinas Polysilion Imports
(2010-2013) Chinas Polysilicon Imports by
Regions (Q113-Q413) Japans Polysilicon
Production Volume and YOY Growth
(2007-2012) Japans Polysilicon Sales Volume and
YOY Growth (2007-2012) Japans Sales Value of
Polysilicon (2007-2012) Japans Unit Price of
Polysilicon (2007-2012) Global Solar PV Demand
(2007-2015E) Global Solar PV Demand Breakdown
(2013) Global Solar Annual Installations by
Region (2013) Chinese Solar PV Demand
(2009-2015E) US Solar PV Demand
(2009-2015E) Japanese Solar PV Demand
(2009-2015E) Global Semiconductor Revenue
(2005-2013
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• 2.2.2 Japan
• -Production Volume
• -Sales Volume
• -Sales Value
• 3. End-Markets of Polysilicon
• 3.1 Solar PV Market
• 3.1.1 Global Market
• -Demand Growth
• -Regional Breakdown
• 3.1.2 China
• 3.1.3 The US
• 3.1.4 Japan

Semiconductor Revenue by Product Category
(2013) Semiconductor Sales by Region
(2012-2013) Semiconductor Revenue breakdown by
Region (2013) Global GDP (2005-2012) Global
Polysilicon Production Share Breakdown by Company
(2013) Polysilicon Production Capacity and
Production Cost by Players (2013) Wacker Chemie
Revenue Share by Business Segments (2013) Wacker
Chemies Revenue and Net Income (2007-2013) REC
Silicon ASAs Revenue (2009-2013) GCLs Revenue
Share by Business Segments (2013) Revenues and
Net Income of GCL (2009-2013) SunEdisons
Business Segment Share by Net Sales
(2013) SunEdisons Business Segment Share by Net
Sales (2013) SunEdisons Net Sales and Net Income
(2009-2013) Global Polysilicon Demand
(2013E-2017E) Global Polysilicon Production
(2013E-2017E) Global Polysilicon Capacity and
Capacity Utilization (2013E-2017E) Overcapacity
in Polysilicon Industry (2013E-2017E) Spot Price
of Polysilicon (2013-2015E) Regional Split of
Solar Installations (2010-2015E) Key Changes to
Solar Forecasts by Country (2013E-2015E) Global
Solar Cell Production (2013E-2017E) Global Solar
Module Production (2013E-2017E) Global Thin Film
Module Production (2013E-2017E) Global Wafer
Production (2013E-2017E)      
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• 4.2 Growth Drivers
• 4.2.1 Rise in Solar Cell Market
• 4.2.2 Growing Semiconductor Industry
• 4.2.3 Global GDP
• 4.3 Challenges Issues
• 4.3.1 Industrial Overcapacity
• 4.3.2 Heavy Capital Requirements
• 5. Competitive Landscape
• -Market Share
• -Capacity Comparison
• 6. Company Profiles
• 6.1 Wacker Chemie AG

List of Tables Chinese Polysilicon Import
Tariffs by Company (2013) Top Semiconductor
Companies by Revenue (2012-2013E)  
   
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• 6.4 SunEdison
• 6.4.1 Business Overview
• 6.4.2 Financial Overview
• 6.4.3 Business Strategies
• -International Marketing
• -New Product Development
• 7. Market Outlook
•  
• 7.1 Global Polysilicon Market
• -Demand
• -Capacity
• -Production
• -Overcapacity
• -Price
•  
• 7.2 Factors Affecting Polysilicon Market

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