The Global Granular Polysilicon Market was valued at USD 4.82 Billion in 2023 and is projected to reach USD 7.36 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2023–2030). This growth is fueled by rising demand from photovoltaic solar panel manufacturers, semiconductor industry expansion, and technological advancements in polysilicon production methods.
As renewable energy adoption accelerates globally and semiconductor applications diversify, granular polysilicon producers are scaling up capacity and refining production techniques. In this analysis, we examine the Top 10 Companies in the Granular Polysilicon Industry—key players delivering high-purity materials essential for solar energy and advanced electronics.
🔟 1. REC Silicon
Headquarters: Lysaker, Norway
Key Offering: High-purity granular polysilicon for solar and semiconductor applications
REC Silicon is a leading global producer using proprietary fluidized bed reactor (FBR) technology. The company supplies granular polysilicon to major solar panel manufacturers and semiconductor firms, with production facilities in the US and Norway.
Innovation Focus:
- Advanced FBR production technology
- Lower energy consumption processes
- Solar-grade and electronic-grade polysilicon
Download FREE Sample Report: Global and United States Granular Polysilicon Market – View in Detailed Research Report
9️⃣ 2. Wacker Chemie AG
Headquarters: Munich, Germany
Key Offering: Ultra-pure polysilicon for solar and semiconductor industries
Wacker is one of the world’s largest polysilicon producers with integrated production from silicon metal to finished polysilicon. The company operates production sites in Germany and the United States.
Production Capabilities:
- Annual capacity exceeding 80,000 metric tons
- Both granular and chunk polysilicon production
- Compliant with SEMI PV and SEMI E4 standards
8️⃣ 3. OCI Company Ltd.
Headquarters: Seoul, South Korea
Key Offering: High-purity polysilicon for photovoltaic applications
OCI operates one of the world’s largest single-site polysilicon manufacturing facilities in Malaysia. The company has been expanding its granular polysilicon production to meet growing solar industry demand.
Market Position:
- Significant solar industry supplier
- Competitive cost structure
- Strong presence in Asian markets
7️⃣ 4. GCL-Poly Energy Holdings
Headquarters: Hong Kong
Key Offering: Solar-grade granular polysilicon
As one of China’s leading polysilicon producers, GCL-Poly has been transitioning production to more efficient granular polysilicon to serve the booming solar panel manufacturing sector.
Recent Developments:
- Expansion of granular polysilicon capacity
- Vertical integration with wafer production
- Focus on cost-competitive solar materials
Download FREE Sample Report: Global and United States Granular Polysilicon Market – View in Detailed Research Report
6️⃣ 5. Xinte Energy Co., Ltd.
Headquarters: Ürümqi, China
Key Offering: High-performance solar polysilicon
Xinte Energy has emerged as a major polysilicon supplier with large-scale production facilities in China. The company specializes in granular polysilicon for photovoltaic applications.
Capacity Highlights:
- Rapid production expansion in recent years
- Strategic partnerships with solar manufacturers
- Competitive pricing in PV value chain
5️⃣ 6. TBEA Co., Ltd.
Headquarters: Xinjiang, China
Key Offering: Polysilicon for solar and semiconductor use
TBEA operates through its subsidiary TBEA Xinjiang New Energy, producing high-purity polysilicon for both solar and semiconductor applications with a focus on granular production methods.
Technical Advantages:
- Advanced production technology
- Strong R&D capabilities
- Integrated production chain
4️⃣ 7. Asia Silicon (Qinghai) Co., Ltd.
Headquarters: Qinghai, China
Key Offering: Solar-grade granular polysilicon
Asia Silicon specializes in granular polysilicon production using modified Siemens and fluidized bed reactor processes, serving primarily the Chinese solar industry.
Market Strategy:
- Focus on domestic Chinese market
- Cost leadership position
- Continuous process improvements
3️⃣ 8. Tokuyama Corporation
Headquarters: Tokyo, Japan
Key Offering: Ultra-high purity polysilicon
Tokuyama is a leading Japanese producer focusing primarily on semiconductor-grade polysilicon with strict quality controls for the electronics industry.
Quality Standards:
- Meeting SEMI standards
- Advanced purification technology
- Highly consistent product quality
Download FREE Sample Report: Global and United States Granular Polysilicon Market – View in Detailed Research Report
2️⃣ 9. Daqo New Energy Corp.
Headquarters: Chongqing, China
Key Offering: High-purity polysilicon for solar applications
Daqo New Energy has emerged as a cost-competitive producer of granular polysilicon, supplying major solar panel manufacturers globally from its production facilities in China.
Production Features:
- Among lowest production costs in industry
- Advanced energy efficiency measures
- Continuous capacity expansion
1️⃣ 10. Hemlock Semiconductor
Headquarters: Hemlock, Michigan, USA
Key Offering: Ultra-pure polysilicon for electronics and solar
Hemlock Semiconductor, a joint venture between Corning and Shin-Etsu, is a major polysilicon producer with long-standing expertise in both granular and chunk polysilicon production.
Technical Leadership:
- Decades of semiconductor-grade production experience
- Dual capabilities for solar and electronics markets
- Strong intellectual property portfolio
Get Full Report Here: Global and United States Granular Polysilicon Market – View in Detailed Research Report
🌍 Market Outlook: Granular Polysilicon Driving Solar and Semiconductor Growth
The granular polysilicon market is experiencing dynamic growth as production methods evolve and demand from the solar and semiconductor sectors continues to rise. Unlike traditional chunk polysilicon, granular forms offer several production advantages including lower energy consumption and higher throughput.
📈 Key Industry Trends:
- Accelerating solar energy adoption driving polysilicon demand
- Transition from chunk to granular polysilicon production
- Semiconductor industry requiring higher purity standards
- Geopolitical factors influencing supply chain strategies
- Technological improvements reducing production costs
Get Full Report Here: Global and United States Granular Polysilicon Market – View in Detailed Research Report
The companies profiled above are at the forefront of supplying this critical material that enables both renewable energy generation and advanced electronics manufacturing worldwide.
- Top 10 Companies in the Odor Eliminators Industry (2025): Market Leaders Revolutionizing Air Purification - August 15, 2025
- Top 10 Companies in the Global Biopolishing Enzyme Industry (2025): Market Leaders Revolutionizing Textile Manufacturing - August 15, 2025
- Top 10 Companies in the Back Plate Glass Industry (2025): Market Leaders Enabling Solar Energy Solutions - August 15, 2025