LAMEA 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 Latin America, Middle East and Africa Polysilicon Market would witness market growth of 15.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 156.5 Kilo Tonnes, showcasing a growth of 15.6% (2023-2030).

Beyond solar panels and semiconductors, it finds application in various electronic devices and photovoltaic technologies. It is used to produce sensors, diodes, and other electronic components. Additionally, emerging technologies, such as thin-film solar cells, are expanding the scope of its applications in the electronics and energy sectors. It is a fundamental material in the production of diodes. Diodes, semiconductor devices with two-terminal electronic components, utilize polysilicon as a key component in their construction. Its diodes find applications in electronic circuits' rectification, amplification, and signal processing.

Beyond diodes, it is integrated into various electronic components. Its semiconductor properties make it suitable for use in transistors, capacitors, and resistors, forming essential building blocks in the fabrication of integrated circuits and electronic devices. It is used to produce consumer electronics, including smartphones, tablets, and laptops. Its presence in electronic components ensures the reliability and efficiency of devices, contributing to the functionality of integrated circuits and semiconductor-based technologies. The application extends to energy storage and conversion devices. Its presence in components utilized in fuel cells, batteries, and other energy storage technologies facilitates the efficient conversion and utilization of energy in various applications.

Brazil has implemented supportive policies and initiatives to promote the use of renewable energy. This includes the National Renewable Energy Plan (PNE 2050), which outlines strategies for the expansion of renewable energy sources, including solar power. Incentives such as tax breaks, subsidies, and favorable regulatory frameworks encourage investment in solar projects, contributing to the demand for polysilicon. As per the data released in 2023 by the International Trade Administration, the renewable energy sector accounts for 83% of the Brazilian electricity matrix, while the global average is around 25%. The renewable energy industry has continuously expanded over the years through private investment. Investments in the Brazilian electricity sector are expected to reach over $100 billion by 2029, including utility-scale generation, distributed generation, transmission, and distribution projects.

The Brazil market dominated the LAMEA Polysilicon Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $884.3 Million by 2030. The Argentina market is showcasing a CAGR of 16.7% during (2023 - 2030). Additionally, The Egypt market would register a CAGR of 14.4% during (2023 - 2030).

Free Valuable Insights: The Worldwide Polysilicon Market is Projected to reach USD 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 Brazil, Argentina, Egypt, South Africa, Morocco, Chile, and Rest of LAMEA.

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

LAMEA 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)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Polysilicon Market, by Application
1.4.2 LAMEA 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. LAMEA Polysilicon Market, By Application
5.1 LAMEA Solar PV Market, By Country
5.2 LAMEA Polysilicon Market, By Solar PV Type
5.2.1 LAMEA Multicrystalline Solar Panel Market, By Country
5.2.2 LAMEA Monocrystalline Solar Panel Market, By Country
5.3 LAMEA Electronics (Semiconductor) Market, By Country

Chapter 6. LAMEA Polysilicon Market, By Country
6.1 Brazil Polysilicon Market
6.1.1 Brazil Polysilicon Market, By Application
6.1.1.1 Brazil Polysilicon Market, By Solar PV Type
6.2 Argentina Polysilicon Market
6.2.1 Argentina Polysilicon Market, By Application
6.2.1.1 Argentina Polysilicon Market, By Solar PV Type
6.3 Egypt Polysilicon Market
6.3.1 Egypt Polysilicon Market, By Application
6.3.1.1 Egypt Polysilicon Market, By Solar PV Type
6.4 South Africa Polysilicon Market
6.4.1 South Africa Polysilicon Market, By Application
6.4.1.1 South Africa Polysilicon Market, By Solar PV Type
6.5 Morocco Polysilicon Market
6.5.1 Morocco Polysilicon Market, By Application
6.5.1.1 Morocco Polysilicon Market, By Solar PV Type
6.6 Chile Polysilicon Market
6.6.1 Chile Polysilicon Market, By Application
6.6.1.1 Chile Polysilicon Market, By Solar PV Type
6.7 Rest of LAMEA Polysilicon Market
6.7.1 Rest of LAMEA Polysilicon Market, By Application
6.7.1.1 Rest of LAMEA 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 LAMEA Polysilicon Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Polysilicon Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Solar PV Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Solar PV Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Solar PV Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Solar PV Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 14 LAMEA Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 15 LAMEA Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Multicrystalline Solar Panel Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Multicrystalline Solar Panel Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Multicrystalline Solar Panel Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Multicrystalline Solar Panel Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Monocrystalline Solar Panel Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Monocrystalline Solar Panel Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Monocrystalline Solar Panel Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Monocrystalline Solar Panel Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Electronics (Semiconductor) Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Electronics (Semiconductor) Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Electronics (Semiconductor) Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Electronics (Semiconductor) Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Polysilicon Market, By Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Polysilicon Market, By Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Polysilicon Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Polysilicon Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Brazil Polysilicon Market, 2019 - 2022, USD Million
TABLE 34 Brazil Polysilicon Market, 2023 - 2030, USD Million
TABLE 35 Brazil Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 36 Brazil Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 37 Brazil Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 38 Brazil Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 39 Brazil Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 40 Brazil Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 41 Brazil Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 42 Brazil Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 43 Brazil Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 44 Brazil Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 45 Argentina Polysilicon Market, 2019 - 2022, USD Million
TABLE 46 Argentina Polysilicon Market, 2023 - 2030, USD Million
TABLE 47 Argentina Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 48 Argentina Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 49 Argentina Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 50 Argentina Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 51 Argentina Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52 Argentina Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Argentina Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 54 Argentina Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 55 Argentina Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 56 Argentina Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 57 Egypt Polysilicon Market, 2019 - 2022, USD Million
TABLE 58 Egypt Polysilicon Market, 2023 - 2030, USD Million
TABLE 59 Egypt Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 60 Egypt Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 61 Egypt Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 62 Egypt Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 63 Egypt Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 64 Egypt Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Egypt Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 66 Egypt Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 67 Egypt Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 68 Egypt Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 69 South Africa Polysilicon Market, 2019 - 2022, USD Million
TABLE 70 South Africa Polysilicon Market, 2023 - 2030, USD Million
TABLE 71 South Africa Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 72 South Africa Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 73 South Africa Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 74 South Africa Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 75 South Africa Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76 South Africa Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77 South Africa Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 78 South Africa Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 79 South Africa Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 80 South Africa Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 81 Morocco Polysilicon Market, 2019 - 2022, USD Million
TABLE 82 Morocco Polysilicon Market, 2023 - 2030, USD Million
TABLE 83 Morocco Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Morocco Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Morocco Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 86 Morocco Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 87 Morocco Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Morocco Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Morocco Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 90 Morocco Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 91 Morocco Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 92 Morocco Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 93 Chile Polysilicon Market, 2019 - 2022, USD Million
TABLE 94 Chile Polysilicon Market, 2023 - 2030, USD Million
TABLE 95 Chile Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Chile Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Chile Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 98 Chile Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 99 Chile Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Chile Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Chile Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 102 Chile Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 103 Chile Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 104 Chile Polysilicon Market, By Solar PV Type, 2023 - 2030, Kilo Tonnes
TABLE 105 Rest of LAMEA Polysilicon Market, 2019 - 2022, USD Million
TABLE 106 Rest of LAMEA Polysilicon Market, 2023 - 2030, USD Million
TABLE 107 Rest of LAMEA Polysilicon Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Rest of LAMEA Polysilicon Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Rest of LAMEA Polysilicon Market, By Application, 2019 - 2022, USD Million
TABLE 110 Rest of LAMEA Polysilicon Market, By Application, 2023 - 2030, USD Million
TABLE 111 Rest of LAMEA Polysilicon Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 112 Rest of LAMEA Polysilicon Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of LAMEA Polysilicon Market, By Solar PV Type, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Polysilicon Market, By Solar PV Type, 2023 - 2030, USD Million
TABLE 115 Rest of LAMEA Polysilicon Market, By Solar PV Type, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of LAMEA 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 LAMEA Polysilicon Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polysilicon Market
FIG 4 Porter’s Five Forces Analysis - Polysilicon Market
FIG 5 LAMEA Polysilicon Market share, By Application, 2022
FIG 6 LAMEA Polysilicon Market share, By Application, 2030
FIG 7 LAMEA Polysilicon Market, By Application, 2019 - 2030, USD Million
FIG 8 LAMEA Polysilicon Market share, By Country, 2022
FIG 9 LAMEA Polysilicon Market share, By Country, 2030
FIG 10 LAMEA 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