In Q3 2025, North America, the Silicon Metal Price Index rose by 4.8% quarter-over-quarter, due to tight imports. Check detailed insights for Europe and APAC.

Silicon fell to 8,975 CNY/T on December 2, 2025, down 1.86% from the previous day. Over the past month, Silicon's price has fallen 2.07%, and is down 28.11% compared to the same time last year, 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.

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.

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.

Explore the volatility in silicon metal prices driven by supply chain disruptions, economic conditions, policy shifts, and the global push towards renewable energy. Understand the factors impacting industries like electronics, automotive, and solar energy.

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).

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.

Discover the booming silicon metal market! This comprehensive analysis reveals a $7.76B market projected to reach $11.73B by 2033 (CAGR 5.2%). Explore key drivers, trends, regional insights, and leading companies shaping this dynamic industry fueled by renewable energy and aluminum production.

Discover the various factors that influence the price of silicon metal, a versatile industrial material with unique properties, including global economic conditions and production costs.

The global silicon metal market is booming, projected to reach [estimated 2033 value] by 2033 with a CAGR of 6.6%. Driven by solar energy, electronics, and aluminum industries, this report analyzes market size, trends, key players (Ferroglobe, Elkem, Wacker), and regional growth. Discover insights into silicon metal types, applications, and future forecasts.

Discover the latest trends and growth opportunities in the booming silicon metal market. This comprehensive analysis reveals a CAGR of 5.41% through 2033, driven by renewable energy and industrial applications. Explore key players, regional breakdowns, and market restraints. Recent developments include: October 2023: Ferroglobe acquired a high-purity quartz mine in South Carolina, the United States. This acquisition was intended to guarantee that Ferroglobe has access to this critical material, which was expected to allow it to meet the growing demand for high-purity silicon metal., October 2022: Ferroglobe announced the renewal of the production facility of 55,000 tons of silicon metal in Polokwane, South Africa. The decision to renew the Polokwane facility was intended to increase the company's production capacity of silicon metal., August 2022: An agreement between REC Silicon and Mississippi Silicon strengthened the United States' solar supply chain. This agreement helped Mississippi Silicon, in particular the solar industry, maintain a stronghold on silicon metal.. Key drivers for this market are: Surging Demand from the Automotive Industry, Increasing Use in the Solar Industry; Increasing Demand for Silicones from Different End Users. Potential restraints include: Surging Demand from the Automotive Industry, Increasing Use in the Solar Industry; Increasing Demand for Silicones from Different End Users. Notable trends are: Solar Panels Segment to Dominate the Market.

The global silicon metal material market, valued at $8429.9 million in 2025, is poised for substantial growth. While a precise CAGR isn't provided, considering the strong drivers in the aluminum industry, solar energy sector (photovoltaic solar cells), and electronics (semiconductors), a conservative estimate of a 5-7% CAGR from 2025-2033 is reasonable. This growth is fueled by several factors. The increasing demand for lightweight materials in the automotive and aerospace industries is significantly boosting the consumption of silicon metal in aluminum production. Simultaneously, the rapid expansion of the renewable energy sector, particularly solar power, is creating a strong demand for high-purity silicon for photovoltaic solar cells. Further bolstering the market is the escalating need for silicon-based semiconductors in electronic devices and components, driving demand for chemical-grade silicon. Geographic growth will be diverse, with Asia-Pacific, particularly China and India, expected to be key contributors due to their robust manufacturing sectors and significant investments in renewable energy infrastructure. However, challenges such as fluctuating raw material prices and environmental concerns related to silicon metal production may act as potential restraints to growth. The market segmentation highlights significant opportunities. Metallurgy-grade silicon dominates the type segment, due to its widespread use in aluminum alloys and steel production. However, the chemical-grade silicon segment is anticipated to exhibit faster growth due to its applications in high-value sectors like solar and electronics. By application, the photovoltaic solar cells segment is projected to witness substantial expansion in the forecast period, driven by increasing global efforts to transition to cleaner energy sources. Leading companies like Elkem Silicones, Wacker Chemie, and G.S. Energy are expected to leverage their technological expertise and established market presence to further consolidate their market shares. The competitive landscape is characterized by both large multinational corporations and regional players, resulting in a dynamic and evolving market structure. Overall, the silicon metal material market presents a promising investment opportunity, driven by the long-term growth of key end-use industries. This comprehensive report provides an in-depth analysis of the global silicon metal material market, projected to be valued at over $XX billion by 2028. We delve into the intricacies of production, consumption, and market dynamics, offering invaluable insights for industry stakeholders, investors, and researchers. The report leverages extensive primary and secondary research to provide a nuanced understanding of this crucial material's role in diverse sectors.

In 2024, the average price of ferrosilicon with 75 percent silicon content came to 130 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 7.4 million metric tons in 2024. In comparison, Russia – the second largest producer worldwide – produced about 520,000 metric tons in the same year. U.S. silicon exports and consumption About 40,000 metric tons of silicon metal and 6,000 metric tons of ferrosilicon were exported from the United States in 2023. Meanwhile, consumption of silicon in the North American country averaged roughly 495,000 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.

Discover the booming silicon metal market! This comprehensive analysis reveals a $9.6 billion (2025) market projected to grow at a 6.4% CAGR through 2033, driven by solar energy, aluminum, and electronics. Explore key trends, regional breakdowns, and leading companies shaping this dynamic industry.

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 ...

Explore the factors influencing the price of silicon metal in China, including supply and demand dynamics, production costs, environmental policies, and international trade. Learn how these elements affect the metallurgical and chemical industries.

The global silicon metal market, valued at $6.444 billion in 2025, is projected to experience robust growth, driven by increasing demand from key sectors like the aluminum industry, solar energy, and electronics. A compound annual growth rate (CAGR) of 6.6% from 2025 to 2033 forecasts a significant market expansion, fueled by the burgeoning renewable energy sector's reliance on silicon-based photovoltaic solar cells. The rising adoption of electric vehicles and advancements in semiconductor technology are further contributing to this growth. Metallurgy-grade silicon remains the dominant segment, benefiting from its extensive use in aluminum alloys to enhance strength and durability. However, chemical-grade silicon is witnessing significant growth due to its increasing applications in silicone compounds and specialized chemical processes. Geographic distribution shows a strong concentration in Asia Pacific, particularly China, driven by its robust manufacturing base and substantial investments in renewable energy infrastructure. North America and Europe also represent significant markets, reflecting the established presence of key players and consistent demand from various industries. While raw material price fluctuations and environmental regulations pose some challenges, technological advancements and government support for green technologies are expected to mitigate these restraints and sustain market expansion. The competitive landscape is characterized by a mix of large multinational corporations and regional players. Companies like Wacker Chemie, Elkem, and others are actively investing in research and development to improve silicon production efficiency and explore novel applications. The industry is also witnessing increasing consolidation, with mergers and acquisitions expected to shape the future market dynamics. The forecast period indicates continued growth across all segments and regions, albeit at varying rates, reflecting the nuanced impact of industry-specific factors and regional economic conditions. The long-term outlook for silicon metal remains positive, projecting sustained growth fueled by technological advancements and global shifts towards sustainable energy solutions.

20556 Global import shipment records of Silicon Metal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Explore Indian Silicon Metal export data with HS codes, pricing, ports, and a verified list of Silicon Metal exporters and suppliers from India with complete shipment insights.

Explore the significance of the silicon metal price index in tracking price fluctuations of silicon metal, an industrial commodity crucial for electronics, automotive, and renewable energy sectors. Understand how supply-demand dynamics and global economic conditions affect this versatile material. Learn why monitoring the index is essential for informed decision-making in the commodities market.