Market Dynamics
As metallurgical grade silicon is used in the manufacture of solar cells, the growth of solar cell installations will help in boosting the sales of metallurgical grade silicon. The use of metallurgical grade silicon in the metal industry will also boost sales over the forecast period. Technological developments have also provided a platform for the growth of the electronics industry, which in turn will aid the growth of the metallurgical grade silicon market. Silicones and silanes have a wide range of applications in various industries and thus, the use of metallurgical grade silicon in the manufacture of silicones and silanes will boost the growth of the metallurgical grade silicon market. The ongoing trade war between China and the U.S. will negatively affect the sales of metallurgical grade silicon and thus, retard the market growth of metallurgical grade silicon.
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