Friday, June 2, 2023

 Silicon is a popular chemical element, which is widely found in glass and sand. It is also used as a semiconductor material in electronic components.

It is the most widespread isotope. The atomic weight of silicon is 28 and its atomic number is 14. It comprises four valence electrons. It is the 14th element on the period table.

It is a non-metallic chemical element in the universe. It is not classified as a metal, despite its metal-like qualities and appearance.

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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.

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

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 analysis, 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.

Read Also - https://procurementresource.blogspot.com/2023/06/silver-price-forecasts.html

Industrial Uses Impacting Silicon Price Trend:

Silicon Price Trend

It is primarily used in the creation of transistors and is also mainly used in solar cells and computer circuits. The silicon market is expanding, due to its use in the electronics industry.

Other than that, it has numerous applications in the steel industry, as it is a ferrosilicon component. It is also used in housing for moulding compounds.

Additionally, it is also used as a key ingredient in bricks, fire bricks, pottery, and Portland cement. It is further propelling the silicon market.

Key Players:

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

About Us:

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.

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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