It is estimated that China’s polysilicon production will reach 612,000 tons in 2023
Thread Content
With the support of relevant policies, China’s polycrystalline silicon production has continued to increase in recent years, rising from 242,000 tons in 2017 to 505,000 tons in 2021, with a compound annual growth rate of 20.2%. China’s share of global polycrystalline silicon production has remained on an upward trend, and it is expected that this figure will reach 612,000 tons by 2023.
With the continuous improvement of production technology in China’s polysilicon industry, polysilicon production capacity keeps increasing. Data shows that in 2020, due to the impact of the pandemic, polysilicon production capacity was restricted, dropping to 420,000 tons per year. In 2021, the pandemic was brought under effective control, and polysilicon production capacity gradually recovered to 520,000 tons per year, representing a year-on-year increase of 23.81%. It is estimated that by 2023, China’s polysilicon production capacity will reach 572,000 tons per year.