Disilane Market Size, Share, Growth, And Industry Analysis, By Type (Above 99.998% and Below 99.998%), By Application (Semiconductor and Solar), Regional Insights, and Forecast From 2023 To 2030

Updated On: 13 November 2023

Disilane Market Report Overview

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The global disilane market size was USD 224.3 million in 2022. As per our research, the market is expected to reach USD 453.3 million in 2028, exhibiting a CAGR of 12.4% during the forecast period.

Disilane is a chemical compound with the formula Si2H6. It is a colourless, flammable gas that belongs to the group of silanes, which are compounds consisting of silicon and hydrogen. Disilane is similar in structure to the more well-known compound, methane (CH4), except that two silicon atoms are present in the molecule instead of carbon. Disilane is used as a source of silicon in the production of thin films of silicon for use in the semiconductor industry. It is also used in the manufacture of certain types of ceramics and as a dopant in the production of optical fibres. Disilane has been shown to have potential as a fuel in certain types of fuel cells.

COVID-19 Impact: Pandemic Hamper the Demand of Disilane to Market Growth

The semiconductor industry, which is a major consumer of disilane, has been impacted by the pandemic due to supply chain disruptions, production shutdowns, and reduced demand for some products. This could potentially lead to a decrease in demand for disilane, as the production of some types of electronic devices may slow down. On the other hand, there may also be increased demand for certain types of electronic devices and equipment, such as those used in healthcare and remote communication, which could increase demand for disilane in the long term.

Latest Trends

"Increasing Demand for Semiconductor Will Support Market Growth"

The demand for disilane has been driven primarily by the semiconductor industry, which uses it as a source of silicon in the production of thin films for electronic devices such as integrated circuits, solar cells, and flat panel displays. The increasing demand for smartphones, tablets, and other electronic devices has driven the growth of the semiconductor industry, which has in turn driven the demand for disilane. 

Disilane Market Segmentation

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• By Type Analysis

According to type, the disilane market can be segmented into above 99.998% and below 99.998%.

In terms of type, the above 99.998% type is anticipated to be the largest segment during the forecast period.  

• By Application Analysis

Based on application, the disilane market can be divided into semiconductor and solar.

In terms of application, the solar market is projected to hold the largest disilane market share through 2028.  

Driving Factors

"Growing Demand for Electronic Devices Will Boost Market Growth "

The increasing demand for smartphones, tablets, and other electronic devices has driven the growth of the semiconductor industry, which in turn has driven the demand for disilane. The development of new manufacturing processes and applications for disilane, such as high-purity silicon for solar cells and silicon-based nanoparticles for biomedical applications, is likely to drive the growth of the market in the coming years.

"Increasing focus on sustainability Will Increase Market Growth "

There is a growing focus on sustainable and environmentally friendly manufacturing processes, which could impact the disilane market. Companies are exploring alternative sources of silicon, such as recycling silicon wafers, to reduce the environmental impact of the semiconductor industry. The increasing demand for renewable energy sources such as solar power is driving the demand for high-purity silicon for use in solar cells, which in turn is driving the demand for disilane.

Restraining Factors

"Health and Safety Concerns Will Limit Market Growth "

 Disilane is a highly reactive and flammable gas that requires careful handling and storage. This can increase the costs and complexity of working with the material, which can be a restraint on the growth of the market. The demand for disilane is heavily dependent on the semiconductor industry, which can be volatile and subject to fluctuations in demand. This can lead to uncertainty in the market and make it difficult for suppliers to plan and invest in production capacity.

Disilane Market Regional Insights

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"The North America Region Will Dominate Market Due to Strong Demand of Electronic Devices"

North America is one of the largest markets for disilane, with the United States being a major contributor to the growth of the semiconductor industry. The growing demand for electronic devices and advancements in technology are expected to drive the growth of the disilane market in this region.

The Asia-Pacific region is a major consumer of disilane, with China and South Korea being the largest markets. The region is also a major producer of electronic devices and has a rapidly growing semiconductor industry, which is driving the demand for disilane.

Key Industry Players

"Adoption Aluminum Recycling Services by Key Players Influencing Market Development"

The top key players in the market are Mitsui Chemicals, Air Liquide, Taiwan Speciality Chemicals Corporation, SK Materials. Most of the top players hold the disilane market share. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the disilane market growth in the competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession of market shares by the key players stimulates the disilane market.  

List of Market Players Profiled

• Mitsui Chemicals (Japan)
• Air Liquide (France)
• Taiwan Speciality Chemicals Corporation (Taiwan)
• SK Materials (South Korea)
• Matheson (U.S.)
• REC Silicon (U.S.)
• Anhui Argosun (China)

Report Coverage

This report examines an understanding of the disilane market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.