DUBLIN--(BUSINESS WIRE )--The "Silicon Metal Market, by Product Type, by Application, by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

Silicon metal can withstand temperature changes during the growing process. In addition, it has low gas evolution and excellent thermal conductivity. Additionally, it is easily machined, and is very strong.

Increasing production of automobile and growing installation of solar PV due to increasing demand for renewable source of energy are major factor driving growth of the silicon metal market.

For instance, in 2021, the European Union's 27 member states connected around 25.9 GW of additional solar PV capacity to their networks, a 34% increase in addition to 19.3 GW in the previous year.

On the other hand, lower silicon production in China and impact of Covid-19 worldwide is expected to hinder the market growth.

Key features of the study:

Silicon Metal Market, By Product Type:

Silicon Metal Market, By Application:

Silicon Metal Market, By Geography:

For more information about this report visit https://www.researchandmarkets.com/r/iq0m39

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900