Polysilicon 2012-2016: Supply, Demand & Implications for the Global PV Industry
The global polysilicon industry will undergo a major shakeout over the next two years, as the feedstock's epic 2011 price declines will continue through 2013. With new entrants bringing capacity online and incumbent suppliers fulfilling expansion plans fomented in the PV demand boom of yesterday, global polysilicon capacity is forecasted to double by 2013 over 2010 levels. In today's market of waning PV demand, this over-supply has already begun to open significant gaps in production scale and therefore cost structure between industry leaders and an increasingly marginalized group of new entrants.
At over 230 pages, GTM Research's report on the global polysilicon market is a comprehensive analysis of the technologies, strategies and economic roadmap for the industry. The report includes production and price/margin forecasts to 2016, along with incisive perspectives on the industry's competitive landscape and survival strategies available to polysilicon producers.
Figure: Polysilicon Supply Stack by Technology and Company
Note: Company names excluded; to see complete supply stack, purchase report above.
Source: GTM Research
Figure: Polysilicon Production by Company (MT) in 2011