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Trichlorosilane (TCS) is a volatile, colorless liquid with the chemical formula SiHCl3. It is an inorganic compound manufactured by reacting powdered silicon with hydrogen chloride and has a sharp, acidic odor. Trichlorosilane is a flammable compound and gets easily dissolved with organic solvents and fumes present in the air. It is used for the production of silicone, and silicon which are further used in solar panels and semiconductors. Trichlorosilane has high demand from electronics industry as it is used in the manufacturing of polycrystalline silicon.
The factors expected to drive the trichlorosilane market is the growing demand for the manufacture of solar photovoltaics. The rising need for alternate energy sources due to the depletion of fossil fuels is expected to grow the trichlorosilane market as TCS is widely used in the production of semiconductor silicon.
Key Market Driver -
Growing demand for the manufacture of solar photovoltaics
Key Market Restraint -
Volatile nature of the trichlorosilane
The volatile nature of trichlorosilane is expected to act as a restraint for the market. TCS is a flammable and corrosive compound and forms an explosive mixture with the air, thereby increasing the cost of handling and storage. The above factors are expected to be the reason for the decline in the market.
By production process, the market is segmented into hydrochlorination and direct chlorination. Based on application, the market is segmented into polysilicon and chemical intermediate.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The major companies in the global trichlorosilane market report include Wacker Chemie AG, Dow Inc., Wynca Group, Evonik, Linde AG, OCI, SIAD, Hemlock Semiconductor, KCC Corporation, Tokuyama Chemicals (Zhejiang) Co., Ltd., and other key players.
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The global trichlorosilane market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Investment by the governments to generate electricity from solar energy is expected to grow the demand for trichlorosilane in North America and Europe as it is used in the production of semiconductors for solar PVC. Increasing consumption of consumer electronics is expected to fuel the growth of trichlorosilane market in Asia Pacific. In Latin America growth of trichlorosilane market can be owed to the initiatives taken by the government to reduce carbon footprint, which has led to growth in demand for solar photovoltaics, thereby development of the market. The Middle East & Africa will observe growth in the market due to constant advancement in technologies, and the rising demand for electronics from the consumer.
By Production Process
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