The high-purity silicon market generally maintains a growth trend and demand will be further released

High-purity silicon is a silicon material that contains very small amounts of impurities, and the silicon content is usually above 99.9999% (6N). It is mainly made of crystalline silicon raw materials (also known as synthetic crystal powder) after screening, crushing, chlorine washing, comprehensive selection, etc. Obtained through special purification process. High-purity silicon can be divided into two categories: electronic-grade silicon and solar-grade silicon according to different application fields.

According to the “2023-2027 High Purity Silicon Industry In-depth Market Research and Investment Strategy Suggestions Report” released by the Industrial Research Center, high Pure silicon is an important raw material in photovoltaics, semiconductors, integrated circuits, medical devices, aerospace and other fields. As my country’s economic and technological development level continues to improve, the construction of a scientific and technological power continues to advance, and the scale of semiconductor, integrated circuit and other industries continues to expand, the domestic high-purity silicon market has generally maintained a growth trend in recent years, and the industry development prospects are good. In 2022, my country’s high-purity silicon market will exceed 39 billion yuan, a year-on-year growth of approximately 3%.

From the perspective of market segments, with the continuous development of my country’s economy and the improvement of national living standards, the market demand for consumer electronics, automotive electronics, household appliances and other products continues to grow, and the development trend of integrated circuits is good. Affected by the epidemic in 2022, integrated circuit production will decline. According to data released by the National Bureau of Statistics, my country’s integrated circuit output in 2022 will be 324.19 billion units, a decrease of 9.8% from the previous year. As the national economy gradually recovers, integrated circuit output is expected to resume growth, and market demand for high-purity silicon will be further released.

High-purity silicon is a talent, capital, and technology-intensive industry, and the industry has certain technical barriers. After a period of development in my country’s high-purity silicon industry, the number of production companies has continued to increase, production technology has continued to advance, and output has continued to grow. However, due to the late start of the industry, weak industrial foundation, output unable to meet market demand, and lack of competitiveness in product quality and price, local enterprises still have considerable room for development. In 2022, my country’s high-purity silicon production will be approximately 430,000 tons, and the demand will be approximately 500,000 tons.

From the perspective of import and export trade, the quantity of high-purity silicon imported into my country is much greater than the quantity exported. As the production capacity of local enterprises continues to improve, the number of domestic high-purity silicon imports has generally shown a downward trend in recent years, but it is still at a high level, and the export number has shown an upward trend. In 2022, my country’s high-purity silicon import volume will be approximately 88,000 tons, a year-on-year decrease of approximately 23%, and export volume will be approximately 11,000 tons, a year-on-year increase of approximately 9%.

Industry analysts said that in recent years, the country has introduced a number of policies to encourage and support the development of photovoltaic, semiconductor and other industries. High-purity silicon is one of the above-mentioned The market demand for the key raw materials of the industry will maintain a growth trend, and the industry prosperity is good. As competition in the high-purity silicon market continues to intensify, the operating pressure on small and medium-sized enterprises will continue to increase, and companies with technology, scale and other advantages will occupy more market shares. At present, the main domestic high-purity silicon production companies include Sichuan Yongxiang Co., Ltd., Xinjiang Daqo New Energy Co., Ltd., Jiangsu Zhongneng Silicon Technology Development Co., Ltd., etc.