Blockchain Press Releases
The Global Silicon Metal Market Set to Grow by 5.4% by 2028: Government Regulations and Initiatives Shaping the Future: Ken Research
Fueling Growth through Government Initiatives: Subsidizing Semiconductors Industry – A Key End-User of Silicon Metal. Market Trends in New Energy Technologies and Growing Partnerships Propelling the Global Silicon Metal Market.
GURUGRAM, India, Aug. 16, 2023 /PRNewswire/ —
Story Outline
- USA: A Boost for Semiconductor Production and Research
- China: Subsidies for Semiconductor Companies
- Asia-Pacific: Government Support for Semiconductor Manufacturing
- Transitioning to Greener Alternatives and Technological Advancements and more
The current state of the global silicon metal market, focusing on how government regulations and initiatives are shaping its growth. It explores the USA’s significant investment in the semiconductor industry and China’s ambitious plans for subsidizing domestic semiconductor equipment. Additionally, it sheds light on Asia-Pacific countries supporting semiconductor companies with substantial financial aid. Also check key trends and recent developments in the silicon metal market, providing valuable insights into industry advancements.
1. Government Regulations and Initiatives Shaping the Global Silicon Metal Market: A Comprehensive Analysis.
USA – US signed a landmark bill to provide $52.7 Bn in grants for US semiconductor production and research as well as tax credit for chip plants estimated to be worth $24 Bn.
China – The Chinese government is projected to allocate up to $200 Bn towards subsidizing semiconductor companies by 2025, primarily focusing on providing financial aid for the procurement of domestic semiconductor equipment by Chinese firms.
Asia-Pacific – A semiconductor company opens a factory in Taiwan, government covers almost half of the land and construction costs & 25% of equipment costs.
In Singapore, government subsidies cut cost of owning computer-chip factory by more than a quarter.
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2. Exploring the Global Silicon Metal Market: Key Trends & Recent Developments.
South America – The demand for silicon metal is expected to continue the upward trend due to the new energy technologies underpinned by the growth of the polysilicon sector and its use in solar energy in countries like Brazil.
Asia Pacific – The production of aluminum-silicon alloys is expected to rise during the forecast period due to increased Asian automobile consumption. China is one of the world’s largest silicon metal producers, & thus expected to dominate APAC region.
North America – According to IEA (International Energy Agency), in the United States, the federal aim is for electric vehicles (EVs) to make up 50% of new passenger cars & light trucks sold by 2030. Thereby, increasing the demand for silicon metal.
3. Insights from Analyst Recommendations: Global Silicon Metal Market Analysis and Projections.
Analyst Recommendations
- Reducing the cost of production of Silicon metal.
- Opportunities in growing Electric Vehicle Market.
- Growing Partnerships.
- Strategies followed by leading players.
In a notable stride towards embracing a more environmentally conscious and economically efficient trajectory, industries are actively shifting towards greener alternatives. A significant leap in this direction comes from the collaboration between Trinso and Ferroglobe, who have collectively pioneered the development of an advanced silicon anode material that holds the potential to revolutionize battery charging technologies. This innovation isn’t merely limited to groundbreaking materials; it signifies a pivotal step in reshaping the energy landscape.
A prime example of this evolution can be seen through the endeavors of renowned silicon metal producers like FerroGlobe and REC Silicon. Recognizing the imperative of sustainability and innovation, these industry giants have embarked on strategic partnerships aimed at not only broadening their product offerings but also amplifying their bottom-line profitability. This strategic alignment underscores their commitment to aligning business goals with environmental responsibility, serving as a beacon of inspiration for others in the sector.
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Central to these advancements is a dedicated focus on perpetual product development, fortified by substantial investments in research and development. This approach isn’t merely reactive; it’s proactively designed to shape the industry’s future. The committed injection of resources into research and development forms the bedrock of this transformative journey, enabling these companies to remain at the forefront of innovation. Furthermore, their adaptable capabilities play a pivotal role. The capacity to swiftly respond to market dynamics and pivot strategies in alignment with emerging trends ensures that their efforts remain not only relevant but also impactful in a swiftly evolving landscape.
As industries embrace the dual mantle of environmental stewardship and business prosperity, it’s clear that the paradigm shift isn’t just about singular innovations; it’s about orchestrating a holistic transition towards a more sustainable and competitive future. The emphasis on collaborative ingenuity, sustained research efforts, and the ability to flexibly navigate change serves as a testament to the metamorphic potential within industries, signaling a promising path ahead.
The global silicon metal market is experiencing significant changes driven by government regulations and initiatives worldwide. The USA and China’s massive financial backing for the semiconductor industry is expected to boost production and research capabilities. Meanwhile, Asia-Pacific countries’ support for semiconductor companies contributes to industry expansion. Additionally, exploring key trends and recent developments reveals exciting advancements and opportunities in the silicon metal market. Analyst recommendations emphasize the importance of sustainability, innovation, and strategic partnerships to thrive in this dynamic industry.
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Market Taxonomy
Global Silicon Metal Market Segmentation
By Product Type
- Metallurgy Grade
- Chemical Grade
By Application
- Aluminum Alloys
- Silicones
- Solar Panels
- Semiconductors
- Others
By Geography
- Asia-Pacific
- Europe
- North America
- Middle East & Africa
- South America
Asia Pacific Silicon Metal Market Segmentation
By Region
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
By Product Type
- Metallurgy Grade
- Chemical Grade
By Application
- Aluminum Alloys
- Silicones
- Solar Panels
- Semiconductors
- Others
Europe Silicon Metal Market Segmentation
By Region
- Germany
- UK
- France
- Italy
- Rest of Europe
By Product Type
- Metallurgy Grade
- Chemical Grade
By Application
- Aluminum Alloys
- Silicones
- Solar Panels
- Semiconductors
- Others
North America Silicon Metal Market Segmentation
By Region
- US
- Canada
- Mexico
By Product Type
- Metallurgy Grade
- Chemical Grade
By Application
- Aluminum Alloys
- Silicones
- Solar Panels
- Semiconductors
- Others
Middle East & Africa Silicon Metal Market Segmentation
By Region
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
By Product Type
- Metallurgy Grade
- Chemical Grade
By Application
- Aluminum Alloys
- Silicones
- Solar Panels
- Semiconductors
- Others
South America Silicon Metal Market Segmentation
By Region
- Brazil
- Argentina
- Rest of South America
By Product Type
- Metallurgy Grade
- Chemical Grade
By Application
- Aluminum Alloys
- Silicones
- Solar Panels
- Semiconductors
- Others
For more insights on market intelligence, refer to the link below: –
Related Reports By Ken Research:-
According to Ken Research Analysis, the Global Oleochemicals Market is expected to record a positive CAGR of ~9% during the forecast period (2022-2028) and is expected to reach approximately US$ 50 billion by 2028. The opportunity to replace conventional petroleum-based products in various sectors along with the easy availability of raw materials required for the production of oleochemicals is positively impacting the market. Petroleum is a fossil fuel that when used poses a risk to the environment. Governments are enforcing stricter regulations for the sparing use of petroleum which can be replaced by oleochemicals.
Over the next five years, the Biocomposites market in North America is forecasted to grow at least 12% CAGR, owing to the stable long-term usage among end-user industries and government efforts for use of more eco-friendly products, especially in developed countries such as the USA. Consumer products such as music instruments, casings and cases, furniture, tables, toys, combs, and trays are made from wood and natural fiber plastic granulates. Customer preferences for these products due to their distinct appearance and feel, great quality, and value will help the Biocomposites market to grow.
India adhesives market showcased a stagnant growth rate in the last few years and recorded a CAGR of 7.5% during FY’15-FY’20. Surging demand for water based adhesives in India is contributing to the growth of the adhesives industry in India. Government initiatives such as Make in India and Smart Cities projects are contributing to adhesive market growth. There is significant demand from the Western Region of India. Fluctuating raw material prices (VAM), which move in tandem with crude oil prices, high setup costs and high R&D expenditure required in the adhesives market is posing as a challenge to the adhesives industry in India.
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Blockchain Press Releases
MEXC Announces the Listing of Balance (EPT) with 6,000,000 EPT and 50,000 USDT in Rewards
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced that it will list Balance (EPT) on April 21, 2025 (UTC). To celebrate the listing, the platform has launched a series of events featuring a total reward of 6,000,000 EPT and 50,000 USDT for users.
Balance is an innovative Web3 platform that integrates AI and blockchain technologies to create immersive digital interaction experiences. Developed by the team behind E-PAL, the world’s largest game companion platform. Balance offers services such as Human Epal, AI Epal, AI-Driven Battle Report System, and more. These features effectively address key challenges in blockchain gaming, including security, scalability, and development efficiency.
$EPT is the native utility token of the Balance ecosystem, with a total supply of 10 billion tokens. It functions as the core medium powering payments, governance participation, and on-chain transactions across the platform, forming a highly synergistic and sustainable internal economy.
In celebration of the Balance (EPT) listing, MEXC is launching a series of events to offer users exclusive opportunities to earn generous rewards.
The key details are as follows:
- Event 1: EPT Launchpool – Stake USDT, MX and EPT to Share 4,800,000 EPT
Event Period: April 21, 2025, 12:00 – April 24, 2025, 10:00 (UTC)
Users can stake USDT, MX, or EPT to earn valuable rewards through MEXC’s EPT Launchpool. - Event 2: Join Airdrop+ to Share 1,200,000 EPT & 50,000 USDT Bonus
Event Period: April 21, 2025, 12:00 – May 1, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 960,000 EPT (New user exclusive)
Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 3: Invite new users and share 240,000 EPT (For all users) - Event 3: Spread the Word & Win
Event Period: April 21, 2025, 10:00 – April 27, 2025, 23:59 (UTC)
Users who share the EPT events on social media during the event period can win extra rewards.
As a global exchange, MEXC drives innovation across emerging sectors such as Web3 gaming, AI, and DePIN by offering deep liquidity, streamlined market access, and performance-based incentive programs. The listing of EPT opens new investment avenues in the rapidly evolving AI-driven gaming space.
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. Looking ahead, MEXC remains committed to expanding its asset offerings and helping users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Blockchain Press Releases
Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.
Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.
A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:
“Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”
Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.
Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.
This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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