A Recovering Economy Prompts an Uptick in Silicon Demand
However, now that the world economy has returned to near full capacity, silicon is once again needed, as the semiconductor market is in a phase of increased demand.
- However, now that the world economy has returned to near full capacity, silicon is once again needed, as the semiconductor market is in a phase of increased demand.
- Global semiconductor sales stood at USD 439 Billion in 2020 due to the growing demand for chips across the markets.
- The demand for silicon metal continues to grow and recent supply chain bottlenecks have limited overall supply, creating an opportunity for the distribution of silicon in Asia from North America.
- Increased demand for solar panels, microprocessors, and silicon alloys, due to its semi-conductor and structural properties, continue to create large scale shortages for silicon.