Electronic-Grade Silane Gas Market is Forecasted to Reach US$ 1.1 Billion in 2030, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Electronic-Grade Silane Gas Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2023: US$ 0.57 billion

Market Size in 2030: US$ 1.1 billion

Growth (CAGR): 5.7% during 2024-2030

Leading Product Type: Silane gas

Leading Application Type: Photovoltaic application

Leading Region: Asia-Pacific

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 3

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Electronic-Grade Silane Gas Market:

The global Electronic-Grade Silane Gas Market is segmented based on product type, Applicationtype, and region.

Based on Product Type

“Silane gas is most widely used among the mentioned products due to its crucial role in layer deposition in semiconductor, display panels, and battery anode materials.”

• Decomposition readily occurs for SiH₄ at relatively low temperatures in chemical vapor deposition processes, thus leading to high-quality silicon films with a homogeneous thickness and fewer defect features than chlorosilanes.
• Unlike dichlorosilane and monochlorosilane, this silane gas does not have halogen atoms. So, it does not corrode the equipment, which results in reduced maintenance costs and increased operational life.
• This makes SiH4 more viable for manufacturers due to wide availability and supply chains, enabling greater logistical ease and lower costs.

Based on Application Type

“Photovoltaic layer deposition has remained the most widely used application of electronic-grade silane gas and is expected to remain the leading application in the forecasted period.”

• Solar panels used for electricity generation require a layer of silicon nitride to be deposited on their surface to prevent light energy from being reflected, enhancing energy conversion efficiency. Silane gas is a crucial material for this layer deposition.
• It is estimated that solar power generation will reach 876 GW by 2028, compared to 447 GW now. This enormous growth is likely to generate the demand for electronic-grade silane gas for photovoltaic applications.

To know the most attractive segments, click here for a free sample of the report:

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that Asia-Pacific is expected to remain the largest market. This growth outlook is mainly attributed to the following:

• Electronic-grade silane gas has significant applications in solar panels, flat panel displays, and semiconductor manufacturing, all dominated by the Asia-Pacific region.
• China leads solar panel production, whereas South Korea, Taiwan, Japan, and China excel in display panel production, causing Asia-Pacific to dominate the electronic-grade silane gas market.

Electronic-Grade Silane Gas Market Drivers:

Some of the key drivers listed in the report are given below.

·      Semiconductors' extensively growing demand, booming by consumer electronics due to advances in automotive systems, and exponential growth of the IoT ecosystem act as a critical driving force behind the electronic grade SiH₄ (Silane Gas) market. SiH₄ is an irreplaceable component in the fabrication of silicon wafers, which are a foundation in semiconductor manufacturing.

·      Apart from these, gases like monochlorosilane, dichlorosilane, and disilane also find their applications in the atomic layer deposition of display panels, solar panels, and battery anode material. All these applications collectively drive the growth of the electronic-grade silane gas market.

Competitive Landscape: Top 10 Companies in the Electronic-Grade Silane Gas Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

·      REC Silicon

·      SK Materials Inc.

·      Air Liquide

·      Linde Gas

·      Taiyo Nippon Sanso Holdings

·      Tokuyama Corp.

·      Air Products

·      Wacker Chemie AG

·      Group14 (Schmid Silane)

·      Showa Denko

·      OCI Company Ltd.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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