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Silicon (Si) is a chemical element found in glass and sand that is utilised as the best semiconductor material in electronic components.
It is abundant in the earth's crust and is both the second most common electropositive element and the seventh most abundant element in the universe. Despite its metal-like qualities and appearance, it cannot be classified as a metal.
Silicon, with an atomic number of 14 and an atomic weight of 28, is the most common isotope and possesses four valence electrons.
It appears to be a metal-like material akin to aluminium in its pure state. It is the 14th element on the periodic table. It is a nonmetallic chemical element that 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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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 chart, 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.
Industrial Uses Impacting Silicon Price Trend:
As a semiconductor, silicon is primarily used in the production of transistors. It is frequently utilised in solar cells and computer circuits. Since this is silicon's main use in the electronics industry, market demand is increased.
It also acts as a key ingredient in pottery, bricks, fire bricks, Portland cement, and other products, all of which support the expansion of its market.
Additionally used in housing for moulding compounds, many mould release agents, and waterproofing systems, it fuels the expansion of the sector. Additionally, it is a ferrosilicon component with numerous uses in the steel industry.
Key Players:
- Zhejiang Kaihua Yuantong Silicon Industry Co., Ltd
- Zhejiang Zhongcheng Silicon Co., Ltd
- Ferroglobe PLC
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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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Reference Link - https://researz.com/silicon-price-trend-forecasts/
