In 2024, the average price of ferrosilicon with 75 percent silicon content came to *** U.S. cents per pound, and silicon metal prices averaged 180 U.S. cents per pound. Silicon alloys and metals are important in various industries. Ferrosilicon is commonly used in ferrous foundries and steel industries, whereas silicon metal is often used for aluminum, aluminum alloys, and the chemical industry. Silicon is also often used for semiconductors in solar panels, computer chips, and as a part of the automotive industry. Silicon facts Pure silicon appears as a blue-grey metallic solid. Silicon is most commonly found paired with oxygen, forming silica. China produces a large percentage of the world’s silicon supply, contributing to about *** million metric tons in 2024. In comparison, Russia – the second largest producer worldwide – produced about ******* metric tons in the same year. U.S. silicon exports and consumption About ****** metric tons of silicon metal and ***** metric tons of ferrosilicon were exported from the United States in 2023. Meanwhile, consumption of silicon in the North American country averaged roughly ******* metric tons in recent years. Silicon is a diverse element, accounting for about 30 percent of the Earth’s crust and is one of the most abundant elements. Its versatility affords great use from the industrial sector. It is commonly used in the electronics industry, as part of cylinder heads or machine tools. It is also used in the commercial sector, for example, as an oil in cosmetics and hair conditioners.

Get the latest insights on price movement and trend analysis of Silicon in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Silicon fell to 9,100 CNY/T on September 22, 2025, down 1.67% from the previous day. Over the past month, Silicon's price has risen 5.32%, but it is still 27.55% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Silicon.

Why did the Silicon Metal Price Change in July 2025? Silicon Metal Price Index rose by 9.6% quarter on quarter compared to Q1 2025, reflecting the combination of robust demand and supply-side pressures.

Get the latest insights on price movement and trend analysis of Silicone (DMC) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Silicon Laboratories stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

During the second quarter of 2024, the silicone rubber prices in the United States reached 9463 USD/MT in June. The market for USA saw a noticeable price increase due to growing energy and output costs, alongside strong the need from the vehicle and building sectors. Despite Boeing’s distribution issues, stable inventory and robust sector performance supported the overall favorable pricing trend.

In March 2025, the average silicon import price amounted to $4,732 per ton, dropping by -5.9% against the previous month.

China Price: Silicon Wafer: Polysilicon data was reported at 1.650 RMB/Unit in Apr 2025. This stayed constant from the previous number of 1.650 RMB/Unit for Mar 2025. China Price: Silicon Wafer: Polysilicon data is updated monthly, averaging 2.145 RMB/Unit from May 2021 (Median) to Apr 2025, with 48 observations. The data reached an all-time high of 3.180 RMB/Unit in Oct 2022 and a record low of 1.650 RMB/Unit in Apr 2025. China Price: Silicon Wafer: Polysilicon data remains active status in CEIC and is reported by Shandong Longzhong Information Technology Co., Ltd.. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBN: Photovoltaic: Price.

In Q1 2025, the North American Silicon Tetrachloride (SiCl4) market experienced a 4% price increase, driven by seasonal demand and a resurgence in key downstream sectors. The electronics and semiconductor industries, particularly in the U.S., saw heightened activity due to the growing demand for high-purity silicon in chip manufacturing and fiber optic infrastructure expansion.

The average silicon import price stood at $3,785 per ton in May 2025, which is down by -4.7% against the previous month.

Silicon Motion Technology stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Learn how disruptions in the supply chain caused by the COVID-19 pandemic and growing demand for silicon metal in various industries led to a significant increase in the price of silicon metal in 2021, reaching its peak in September.

Get the latest insights on price movement and trend analysis of Silicon Carbide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Get the latest insights on price movement and trend analysis of Colloidal Silicon Dioxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Learn about the current market price of silicon metal and how it varies by location, purity level, and supply and demand. Keep up with the latest global economic and political developments that can impact this important material.

According to Cognitive Market Research, the global metallurgical silicon market size is USD 6351.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

The global metallurgical silicon market will expand significantly by 5.00% CAGR between 2024 to 2031.
North America held the major market of around 40% of the global revenue with a market size of USD 2540.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1905.36 million and will grow at a CAGR of 3.5% from 2024 to 2031. Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1460.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of around 5% of the global revenue with a market size of USD 317.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 127.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 142.42 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031
The 98-99% is the fastest growing segment of the Metallurgical Grade Silicon Metal industry

Key Dynamics of

Metallurgical Grade Silicon Metal Market

Key Drivers of

Metallurgical Grade Silicon Metal Market

Increasing demand from the production of aluminum alloys: Metallurgical grade silicon serves as a crucial additive in aluminum alloys, enhancing their strength, fluidity, and resistance to corrosion. As the automotive and aerospace industries transition towards lighter materials, the need for silicon-enhanced aluminum is on the rise.

Significant expansion in the global construction and automotive sectors: The construction and automotive industries extensively utilize aluminum-silicon alloys for various structural components, engine blocks, and frames. The surge in global infrastructure investments and the growth of electric vehicle production are propelling the market forward.

Crucial raw material for silicone manufacturing: A substantial portion of metallurgical grade silicon is transformed into organosilicon compounds. The increasing demand for silicones in sectors such as healthcare, electronics, and personal care is driving the upstream need for high-purity silicon metal.

Key Restraints for

Metallurgical Grade Silicon Metal Market

Energy-intensive manufacturing process with a considerable environmental impact: The production of silicon metal is energy-intensive, requiring substantial electricity and carbon-based reducing agents, which results in high operational costs and CO? emissions. This poses challenges in areas with stringent environmental regulations or energy shortages.

Price fluctuations due to disruptions in the raw material supply chain: Variations in the availability and pricing of raw materials such as quartz and coal, along with geopolitical trade restrictions, can affect pricing stability and disrupt production planning for manufacturers.

Competition from alternative materials and recycled options: In certain applications, alternatives like magnesium alloys or recycled aluminum may replace silicon-enhanced materials, potentially constraining the growth of virgin metallurgical grade silicon consumption in sectors sensitive to price.

Key Trends in

Metallurgical Grade Silicon Metal Market

Heightened emphasis on the production of green and sustainable silicon: Manufacturers are channeling investments into renewable energy-powered furnaces, technologies aimed at reducing carbon emissions, and closed-loop systems to create "green silicon," which aligns with Environmental, Social, and Governance (ESG) objectives and attracts environmentally aware consumers.

Asia-Pacific is emerging as a central hub for both production and consumption on a global scale: China is at the forefront in terms of production capacity and downstream demand, while nations such as India and Vietnam are experiencing an increase in consumption. Strategic ...

Why did the Colloidal Silicon Dioxide Price Change in July 2025? The Price Index for Colloidal Silicon Dioxide (Aerosil 200, FOB Yokkaichi) in Japan reached USD 6150/MT in the fourth week of June and reflected a 6.22% weekly rise. This was the result of pre-July bulk purchases amid seasonal demand peaks.

The global Silicon Oil market was valued at USD 4.3 billion in 2022 and will reach USD 7.22 billion by 2030, registering a CAGR of 6.7% for the forecast period 2023-2030.

Growing demand for cosmetics products:

According to the Environmental Working Group study, moderate man uses five to six personal care products, women use ten to twelve, and the average teenage girl uses sixteen personal care products in America. The demand for silicon oil in the cosmetic industry is increasing. Silicon in cosmetic products offers natural lubrication, adding more slip and glide to cosmetics, reducing stickiness on the skin and a sticky feeling in hair, improving hair's softness, and reducing fizziness even in high humidity. Silicone oil and polydimethylsiloxane are used in the production of cosmetics to improve the performance of cosmetics. Hence growing demand for cosmetic products results in increasing demand for the silicon oil market.

High demand across the automobile industry: 

According to the CEIC data, India Motor Vehicles Sales grew by 2.8% in March 2022. The rising income of the middle class and the increased population of youth is rapidly increasing the use of vehicles. Silicon oil is used in vehicles for seat belt lubrication, damper oil for meters, damper material for the interior parts, hard coating agents for plastics, processing, and modification of synthetic leather seats, and in auto paint additives. Hence silicon oil has wide applications in the automobile industry. Increasing demand for silicon oil in the automobile industry will drive the Silicon Oil market.

Growing demand from the textile industry to propel market growth

Restraining Factor:

Volatile prices of raw materials:

The cost and availability of the raw material of silicon oil are highly unstable. The major cause for restraining the growth of the Silicon Oil market is volatile prices. The sudden increase in the prices of raw silicon fluctuates the prices of silicon oil. Fluctuating prices of the raw material harm the market. Hence volatile prices of raw materials hinder the growth of the Silicon Oil market.

Impact of the COVID-19 Pandemic on the Silicon Oil Market:

The outbreak of COVID-19 has witnessed a negative impact on the Silicon Oil market growth. During the pandemic, the government implemented lockdowns in various parts of the country which limited the movement of over 138 crore population of India. The lockdown disrupted the manufacturing of various end-use industries which negatively impacted the Silicon Oil market. As the outbreak of the virus was from China, the Asia-Pacific region has to face major problems regarding manufacturing which altogether hindered the growth of the market in the Asia-Pacific region. Post-pandemic all the activities resumed and witnessed a positive impact. The problems related to manufacturing, labor shortage, and supply chain of industries like automotive, construction, cosmetics, and electronics were online. Hence development in end-use industries boosted the Silicon Oil market after the pandemic. A silicone oil is any liquid polymerized siloxane with organic side chains with relatively high thermal stability and lubricating properties. Silicone oil is a colorless, tasteless, non-toxic, transparent, non-volatile liquid, non-corrosive to metals, low freezing point, and with good water resistance. Silicon oil is used as a damping fluid, thermal bath fluid, lubricant, dielectric fluid, cosmetic products, paint additives, and pharmaceuticals. Silicone oils offer great thermal stability and flexible and flowable forms at extreme temperatures. Silicon oil is used as an antifoaming agent in the chemical, pharmaceutical, and food industries. It is widely used in pharmaceuticals and cosmetics as head oil, hair cream, hair-forming agent, solid hair-forming agent, and sunscreen agent. In the electrical and electronic industry, silicon oil is used for high-temperature dielectric liquid. Hence growing demand from all such end-use industries like Automotive, Chemical, Construction, Electronics, Medical, Personal Care, Textile, and Others boost the Silicon Oil market. The fluctuating cost of raw materials hinders the growth of the Silicon Oil market.

Silicon Laboratories reported $63.03 in PE Price to Earnings for its fiscal quarter ending in September of 2023. Data for Silicon Laboratories | SLAB - PE Price to Earnings including historical, tables and charts were last updated by Trading Economics this last September in 2025.