Silicon Prices, Trend & Forecasts | Provided by Procurement Resource
| Product Name | Silicon |
| Chemical Formula | Si |
| HS Code | 28046900 |
| Synonyms | Industrial silicon, Crystalline silicon |
| Region/Countries for which Data is available | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece, North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | Our services can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Silicon Prices: https://www.procurementresource.com/resource-center/silicon-price-trends/pricerequest
Due to the polymerization of siloxanes, silicone, also known as polysiloxane, is an inert synthetic or man-made substance found in various fluids, including oil, rubber, resins, and elastomers.
Furthermore, it is a polymer made of silicon mixed with hydrogen, carbon, and oxygen, as well as occasionally a few additional elements. Due to its chemical inertness, resistance to oxidation and water, and stability at high and low temperatures, silicon is used in many industrial products.
China, Russia, Brazil, Norway, and the United States are the worldwide leading manufacturing countries.
Key Details About the Silicon Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Silicon price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Silicon price Trend, chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Silicon Price Trend:
Organic silicon, polycrystalline silicon, the aerospace and aviation industry, electronics, organic chemicals, smelting, and thermal insulation refractories are the leading industrial uses of silicon.
In addition, silicone rubbers are widely used in O-rings, heat-resistant seals, gaskets, caulks, electrical heat-proofing, elastic moulds, and medical implants due to their chemical unresponsiveness. They are also valued for their electrical-cloistering qualities, chemical steadiness, and varied range of temperatures based on which they maintain resiliency.
Key Market Players:
- Zhejiang Kaihua Yuantong Silicon Industry Co., Ltd.
- Zhejiang Zhongcheng Silicon Co., Ltd.
- Ferroglobe PLC
News and Events:
- October 2022: Elkem ASA revealed plans to establish a specialised facility on Timberland court. The new facility, which covers 18,000 square feet, will provide high-purity medical silicone materials to satisfy the demands of the MedTech and Pharma markets.
- April 2022: Shin-Etsu Chemical Co., Ltd. announced the creation of a new series of silicone rubber sheets with thermal interfaces for use in electric car parts (EV). These silicone thermal interface materials can be employed as heat dissipation methods for electric car parts with rising high voltage needs.
Related Reports:
- Silicone Emulsion Price Trend – https://www.procurementresource.com/resource-center/silicone-emulsion-price-trends
- Silicones Price Trend – https://www.procurementresource.com/resource-center/silicones-price-trends
- Siloxanes Price Trend – https://www.procurementresource.com/resource-center/siloxanes-price-trends
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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