Europe Polysilicon Market Size, Share & Trends Analysis Report By Application (Solar PV (Multicrystalline Solar Panel, and Monocrystalline Solar Panel), and Electronics (Semiconductor), By Country and Growth Forecast, 2023 - 2030

The Europe Polysilicon Market would witness market growth of 12.5% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 107.9 Kilo Tonnes, showcasing a growth of 10.8% (2019-2022).

Polysilicon is a primary raw material used in producing silicon wafers, which are the building blocks of semiconductors. Consumer electronics such as smartphones, laptops, and other electronic devices rely heavily on semiconductors. The demand for semiconductors is propelled by the proliferation of consumer electronics, including smartphones, tablets, notebooks, and smart appliances. It, is a key material in semiconductor manufacturing, experiences increased demand as the electronics industry expands.

Moreover, the deployment and expansion of 5G technology requires advanced semiconductor components. The higher data speeds and increased connectivity associated with 5G networks demand semiconductors with enhanced performance, leading to a higher demand for polysilicon. The growth of the Internet of Things, where various devices are interconnected, relies on semiconductors. The automotive industry increasingly relies on electronic components for various applications, including advanced driver assistance systems (ADAS), infotainment systems, and electric vehicle components. This trend boosts the demand for semiconductors and, consequently, polysilicon.

As per the data from Eurostat, the EU reached a 23.0 % share of its gross final energy consumption from renewable sources in 2022, around 1.1 percentage points (pp) higher than in 2021. EU Directive 2023/2413 on the promotion of energy from renewable sources has revised upwards the EU’s 2030 renewable energy target from 32% to 42.5% (with an aim to increase it to 45%). Therefore, EU countries need to intensify their efforts to collectively comply with the new EU target for 2030, which requires increasing the share of renewable energy sources in the EU’s gross final energy consumption by almost 20 pp. Thus, Europe's rising renewable energy sector will boost the demand for polysilicon in the region.

The Germany market dominated the Europe Polysilicon Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,476.6 Million by 2030. The UK market is exhibiting a CAGR of 11.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 13.4% during (2023 - 2030).

Free Valuable Insights: The Global Polysilicon Market will Hit $37.9 Billion by 2030, at a CAGR of 13.6%

Based on Application, the market is segmented into Solar PV (Multicrystalline Solar Panel, and Monocrystalline Solar Panel), and Electronics (Semiconductor). Based on countries, the market is segmented into Germany, UK, France, Russia Netherlands, Italy, and Rest of Europe.

List of Key Companies Profiled

• OCI Company Ltd.
• Tokuyama Corporation
• Wacker Chemie AG
• REC Silicon ASA
• GCL Technology Holdings Limited (Golden Concord Holding Limited)
• Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C. 
• DAQO NEW ENERGY CORP.
• Xinte Energy Co., Ltd (TEBA Co., Ltd.)
• High-Purity Silicon America Corporation (SUMCO Corporation)
• Mitsubishi Materials Corporation

Europe Polysilicon Market Report Segmentation

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

• Solar PV
  • Multicrystalline Solar Panel
  • Monocrystalline Solar Panel
• Electronics (Semiconductor)

By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Polysilicon Market, by Application
1.4.2 Europe Polysilicon Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Strategies Deployed in Polysilicon Market

Chapter 5. Europe Polysilicon Market, By Application
5.1 Europe Solar PV Market, By Country
5.2 Europe Polysilicon Market, By Solar PV Type
5.2.1 Europe Multicrystalline Solar Panel Market, By Country
5.2.2 Europe Monocrystalline Solar Panel Market, By Country
5.3 Europe Electronics (Semiconductor) Market, By Country

Chapter 6. Europe Polysilicon Market, By Country
6.1 Germany Polysilicon Market
6.1.1 Germany Polysilicon Market, By Application
6.1.1.1 Germany Polysilicon Market, By Solar PV Type
6.2 UK Polysilicon Market
6.2.1 UK Polysilicon Market, By Application
6.2.1.1 UK Polysilicon Market, By Solar PV Type
6.3 France Polysilicon Market
6.3.1 France Polysilicon Market, By Application
6.3.1.1 France Polysilicon Market, By Solar PV Type
6.4 Russia Polysilicon Market
6.4.1 Russia Polysilicon Market, By Application
6.4.1.1 Russia Polysilicon Market, By Solar PV Type
6.5 Netherlands Polysilicon Market
6.5.1 Netherlands Polysilicon Market, By Application
6.5.1.1 Netherlands Polysilicon Market, By Solar PV Type
6.6 Italy Polysilicon Market
6.6.1 Italy Polysilicon Market, By Application
6.6.1.1 Italy Polysilicon Market, By Solar PV Type
6.7 Rest of Europe Polysilicon Market
6.7.1 Rest of Europe Polysilicon Market, By Application
6.7.1.1 Rest of Europe Polysilicon Market, By Solar PV Type

Chapter 7. Company Profiles
7.1 OCI Company Ltd.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Tokuyama Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Wacker Chemie AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Geographical Expansions:
7.3.6 SWOT Analysis
7.4 REC Silicon ASA
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.4.5 SWOT Analysis
7.5 GCL Technology Holdings Limited (Golden Concord Holding Limited)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Geographical Expansions:
7.5.6 SWOT Analysis
7.6 Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 DAQO NEW ENERGY CORP.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Research & Development Expenses
7.7.4 Recent strategies and developments:
7.7.4.1 Geographical Expansions:
7.7.5 SWOT Analysis
7.8 Xinte Energy Co., Ltd. (TEBA Co., Ltd.)
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Geographical Expansions:
7.8.3 SWOT Analysis
7.9 High-Purity Silicon America Corporation (SUMCO Corporation)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Mitsubishi Materials Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis

TABLE 1 Europe Polysilicon Market, 2019 - 2022, USD Million
TABLE 2 Europe Polysilicon Market, 2023 - 2030, USD Million
TABLE 3 Europe Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 6 Europe Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 7 Europe Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Solar PV Market, By Country, 2019 - 2022, USD Million
TABLE 10 Europe Solar PV Market, By Country, 2023 - 2030, USD Million
TABLE 11 Europe Solar PV Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Solar PV Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 14 Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 15 Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Multicrystalline Solar Panel Market, By Country, 2019 - 2022, USD Million
TABLE 18 Europe Multicrystalline Solar Panel Market, By Country, 2023 - 2030, USD Million
TABLE 19 Europe Multicrystalline Solar Panel Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Multicrystalline Solar Panel Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Monocrystalline Solar Panel Market, By Country, 2019 - 2022, USD Million
TABLE 22 Europe Monocrystalline Solar Panel Market, By Country, 2023 - 2030, USD Million
TABLE 23 Europe Monocrystalline Solar Panel Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Monocrystalline Solar Panel Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Electronics (Semiconductor) Market, By Country, 2019 - 2022, USD Million
TABLE 26 Europe Electronics (Semiconductor) Market, By Country, 2023 - 2030, USD Million
TABLE 27 Europe Electronics (Semiconductor) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Electronics (Semiconductor) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Polysilicon Market, By Country, 2019 - 2022, USD Million
TABLE 30 Europe Polysilicon Market, By Country, 2023 - 2030, USD Million
TABLE 31 Europe Polysilicon Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Polysilicon Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Germany Polysilicon Market, 2019 - 2022, USD Million
TABLE 34 Germany Polysilicon Market, 2023 - 2030, USD Million
TABLE 35 Germany Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 36 Germany Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 37 Germany Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 38 Germany Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 39 Germany Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 40 Germany Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 41 Germany Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 42 Germany Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 43 Germany Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 44 Germany Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 45 UK Polysilicon Market, 2019 - 2022, USD Million
TABLE 46 UK Polysilicon Market, 2023 - 2030, USD Million
TABLE 47 UK Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 48 UK Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 49 UK Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 50 UK Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 51 UK Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52 UK Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53 UK Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 54 UK Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 55 UK Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 56 UK Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 57 France Polysilicon Market, 2019 - 2022, USD Million
TABLE 58 France Polysilicon Market, 2023 - 2030, USD Million
TABLE 59 France Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 60 France Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 61 France Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 62 France Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 63 France Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 64 France Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 65 France Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 66 France Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 67 France Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 68 France Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 69 Russia Polysilicon Market, 2019 - 2022, USD Million
TABLE 70 Russia Polysilicon Market, 2023 - 2030, USD Million
TABLE 71 Russia Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Russia Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Russia Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 74 Russia Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 75 Russia Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Russia Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Russia Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 78 Russia Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 79 Russia Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 80 Russia Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 81 Netherlands Polysilicon Market, 2019 - 2022, USD Million
TABLE 82 Netherlands Polysilicon Market, 2023 - 2030, USD Million
TABLE 83 Netherlands Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Netherlands Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Netherlands Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 86 Netherlands Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 87 Netherlands Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Netherlands Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Netherlands Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 90 Netherlands Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 91 Netherlands Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 92 Netherlands Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 93 Italy Polysilicon Market, 2019 - 2022, USD Million
TABLE 94 Italy Polysilicon Market, 2023 - 2030, USD Million
TABLE 95 Italy Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Italy Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Italy Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 98 Italy Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 99 Italy Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Italy Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Italy Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 102 Italy Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 103 Italy Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 104 Italy Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 105 Rest of Europe Polysilicon Market, 2019 - 2022, USD Million
TABLE 106 Rest of Europe Polysilicon Market, 2023 - 2030, USD Million
TABLE 107 Rest of Europe Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Rest of Europe Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Rest of Europe Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 110 Rest of Europe Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 111 Rest of Europe Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Rest of Europe Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 114 Rest of Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 115 Rest of Europe Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of Europe Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 117 Key Information – OCI Company Ltd.
TABLE 118 Key Information – Tokuyama Corporation
TABLE 119 Key Information – Wacker Chemie AG
TABLE 120 Key Information – REC Silicon ASA
TABLE 121 Key Information – GCL Technology Holdings Limited
TABLE 122 Key Information – Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C.
TABLE 123 Key Information – DAQO NEW ENERGY CORP.
TABLE 124 Key Information – Xinte Energy Co., Ltd.
TABLE 125 Key Information – High-purity silicon america corporation
TABLE 126 Key Information – Mitsubishi materials corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Polysilicon Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polysilicon Market
FIG 4 Porter’s Five Forces Analysis - Polysilicon Market
FIG 5 Europe Polysilicon Market share, By Application, 2022
FIG 6 Europe Polysilicon Market share, By Application, 2030
FIG 7 Europe Polysilicon Market, By Application, 2019 - 2030, USD Million
FIG 8 Europe Polysilicon Market share, By Country, 2022
FIG 9 Europe Polysilicon Market share, By Country, 2030
FIG 10 Europe Polysilicon Market, By Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: OCI Company Ltd.
FIG 12 SWOT Analysis: Tokuyama Corporation
FIG 13 Swot Analysis: Wacker Chemie AG
FIG 14 Swot Analysis: REC Silicon ASA
FIG 15 Swot Analysis: GCL Technology Holdings Limited
FIG 16 Swot Analysis: Hemlock Semiconductor Operations LLC and Hemlock Semiconductor, L.L.C.
FIG 17 Swot Analysis: Daqo New Energy Corp.
FIG 18 Swot Analysis: Xinte Energy Co., Ltd.
FIG 19 Swot Analysis: High-Purity Silicon America Corporation
FIG 20 Swot Analysis: Mitsubishi Materials Corporation