World - Silicon - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

World - Silicon - Market Analysis, Forecast, Size, Trends And Insights

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Silicon for Steel

Silicon is a chemical element that is commonly used as an alloying element in the production of various types of steel. In fact, it is the second most common element used in steelmaking after carbon. In this article, we will discuss the properties of silicon and its importance in steel production.

Properties of Silicon:

Silicon is a metalloid element with the atomic number 14. It is a hard, brittle, and crystalline solid that is gray in color. Silicon is an excellent conductor of electricity and has a high melting point of 1414 °C. Its properties make it an ideal element to be used in making several alloys, including steel.

Importance of Silicon in Steel Production:

Silicon plays a significant role in steel production as an alloying element. When used in small amounts, silicon improves the quality of steel by making it stronger and more durable. Additionally, it helps prevent rust and corrosion by creating a protective oxide layer on the surface of the steel.

One of the main reasons why silicon is used in steel production is because it can improve the overall quality of the steel at a reasonable cost. It is also readily available, which makes it an attractive option for steel manufacturers.

Silicon Content in Steel:

The silicon content in steel can range from 0.05% to 5%. However, the most commonly used range is between 0.15% to 0.5%. The silicon content in steel depends on the type of steel being produced and its intended use. For example, stainless steel requires a higher amount of silicon than carbon steel.

Silicon's Effect on Steel Properties:

Silicon has several effects on the properties of steel. These include:

1. Strength: Silicon improves the strength of steel by increasing its hardness and tensile strength. This makes it possible to use steel in a wider range of applications, including construction, manufacturing, and automotive industries.

2. Ductility: Silicon improves the ductility of steel, making it easier to shape and form. This property is essential in the production of various types of steel products, including wires, rods, and plates.

3. Corrosion Resistance: Silicon creates a protective oxide layer on the surface of steel, which helps prevent rust and corrosion. This property is essential in industries such as construction and marine, where steel is exposed to moisture and other elements that can cause corrosion.

4. Weldability: Silicon can improve the weldability of steel, making it easier to join different pieces of steel together.

Types of Silicon Used in Steel Production:

There are two main types of silicon used in steel production: ferrosilicon and silicon metal.

1. Ferrosilicon: Ferrosilicon is an alloy of iron and silicon. It is produced by smelting a mixture of iron ore, coke, and silica in a blast furnace. Ferrosilicon is used as a deoxidizer and alloying agent in the production of steel. It also helps improve the hardness and strength of steel.

2. Silicon Metal: Silicon metal is produced by smelting quartz and coke in an electric furnace. It is a pure form of silicon that is used in steel production to increase the silicon content of the steel. Silicon metal is also used in the production of aluminum, chemicals, and solar panels.

Conclusion:

Silicon is an important element used in the production of steel. It improves the overall quality and durability of steel at a reasonable cost. The properties of silicon, including its strength, ductility, corrosion resistance, and weldability, make it a valuable component in steel production. Ferrosilicon and silicon metal are the two main types of silicon used in steel production. Their use depends on the intended use of the steel and the properties required.

This report provides an in-depth analysis of the global silicon market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132150 - Silicon

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Elkem, JFE Steel, Dow, Nitol Solar, SunEdison, Renewable Energy Corporation, SunEdison, Tokuyama Corporation, Wacker Chemie AG, Xiamen Simag Industrial Co., Zhejiang Zhongcheng Silicon Co., Hoshine Silicon Industry Co., SINOSI Group, SINOGU FERROALLOYS, XINLONGSEN, Rima Industrial, Sobre a Liasa, Mississippi Silicon, Eurometa, Siltronic, SKW Metals & Alloys, Belmont Metals, Noah Chemicals

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Free Data: Silicon - World