"According to a market report by Lucintel, the future of the global metallurgical grade silicon market looks promising with opportunities in the application markets. The global metallurgical grade silicon market is expected to reach an estimated $9.1 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are expanding applications of this product in the chemical industry and rising use of this material in the production of solar panels, automotive parts, and electronic devices.

A more than 150 – page report is developed to understand trends, opportunity and forecast in metallurgical grade silicon market to 2030 by form (powder, granules, and blocks/sheets), grade (441, 553, 1101, 2202, 3303, and others), application (aluminium casting, steel production, foundry, and others ), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, powder, granules, and blocks/sheets are the major segments of metallurgical grade silicon market by form. Lucintel forecasts that powder is expected to witness highest growth over the forecast period.

Within this market, steel production is expected to witness highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Baidao Silicon Powder, Ferroglobe, Elkem ASA, HPQ Silicon Resources, Silicor Materials, Mississippi Silicon, Canadian Metals, American Elements, Jiuzhou Silicon Industry, and Ardevur are the major suppliers in the metallurgical grade silicon market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com