Silicon Metal Market to Steadily Progress at 5.2% CAGR Owing to Solid Competition Among Deep-Pocketed Players
The oligopolistic market for silicon metal might have to battle quite a few challenges in the coming years, including high entry barriers, high production cost, and market volatility, but it receives strong support in the form of government regulations and policies. Backed by this, there has been large-scale deployment of solar panels across various developed and developing countries, furthering the demand for silicon metal.
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