Price Trends of Silicon in its Latest Insights and Dashboard

 Silicon (Si) is a chemical element found in glass and sand that is used in electronic components as the best semiconductor material.It is plenteously found in the earth's crust and is the second most prevalent electropositive element as well as the seventh most abundant element in the universe.It cannot be categorised as a metal despite its metal-like properties and appearance.

Silicon, with an atomic number of 14 and an atomic weight of 28, has four valence electrons and is the most prevalent isotope.

In its pure form, it seems to be a metal-like substance similar to aluminium. On the periodic table, it is the 14th element. It is a chemical element that is nonmetallic and belongs to the carbon family.

It has a density of 2.33 grams/cm3 and an atomic mass of 28.0855 g.mol-1. It has melting and boiling temperatures of 1,410°C and 3,265°C, respectively.

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It consists of various hydride series, numerous halides (many of which contain silicon-silicon bonds), and numerous compounds (including oxygen) with ionic or covalent characteristics.

China, the United States, Brazil, Japan, India, Malaysia, and Germany are the top silicon-producing countries across the globe.

Key Details About the Silicon Price Trend:

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 analysist, including India’s Silicon price, and USA’s Silicon price, pricing database, and chart 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.

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Industrial Uses Impacting Silicon Price Trend:

Silicon is largely employed in the fabrication of transistors as a semiconductor. It's commonly found in computer chips and solar cells. This is the primary application of silicon in the electronics sector, boosting market demand for it.

Furthermore, it serves as a primary constituent in ceramics and bricks, as well as a critical component of Portland cement and fire bricks, all of which contribute to its market growth.

It is also utilised in housing for waterproofing systems, numerous mould release agents, and moulding compounds, which contributes to the industry's growth. It is also a ferrosilicon component, which has a wide range of applications in the steel industry.

Key Players:

• Zhejiang Kaihua Yuantong Silicon Industry Co., Ltd
• Zhejiang Zhongcheng Silicon Co., Ltd
• Ferroglobe PLC

Recent News:

• October 2022: Elkem ASA announced the launch of their new specialised facility on Timberland court. The new 18,000-square-foot facility will manufacture high-purity medical silicone products for the MedTech and Pharma markets.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

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 tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

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