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The Global Silicon Metal Market Set to Grow by 5.4% by 2028: Government Regulations and Initiatives Shaping the Future: Ken Research

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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.

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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 Singaporegovernment subsidies cut cost of owning computer-chip factory by more than a quarter.

Interested to Know More about this Report, Request For Sample Report

2. Exploring the Global Silicon Metal Market: Key Trends & Recent Developments.

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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 consumptionChina 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

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  • 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

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  • 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: –

Global Silicon Metal Market

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Related Reports By Ken Research:-

Global Oleochemicals Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type (Fatty Acid, Fatty Alcohol, Glycerol), Application (Healthcare & Pharmaceuticals, Household Care, Personal Care & Cosmetics, Food & Beverages, Polymer & Plastic Additives, Industrial), and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa (LAMEA))

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.

North America Biocomposites Market Outlook and Forecast to 2027 – Driven by Rise in Demand for Eco Friendly and Durable Manufacturing Materials

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. 

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India Adhesives Market Outlook to FY’2026 Surging Demand for Water Based Adhesives in the Growing Wood Working Industry to Influence Market Growth

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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Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
[email protected]
+91-9015378249

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Blockchain Press Releases

HTX Ventures Announces Strategic Investment in Figment Capital to Enhance Global Innovation Support

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SINGAPORE, May 30, 2024 /PRNewswire/ — HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has officially announced a strategic investment in Figment Capital, an early-stage venture fund focused on blockchain infrastructure. This investment underscores HTX Ventures’ commitment to fostering innovation and supporting scalable Web3 technology development globally.

Launched in 2021, Figment Capital is dedicated to investing in high-conviction, early-stage blockchain infrastructure projects. By leveraging its strong technical understanding and deep connection with Figment Inc., a leader in enterprise-grade staking infrastructure, Figment Capital offers unparalleled technical insights and support to its portfolio companies.

Edward, Managing Partner at HTX Ventures, stated, “We are delighted to welcome Figment Capital as a strategic partner. This investment aligns with our mission to support promising companies and drive the next generation of technological innovations. By leveraging Figment’s technical expertise and robust network, we can identify and support superior projects while also helping them expand into the Asian market. HTX Ventures continues to solidify its position as a global investment leader.”

James Parillo, Managing Partner at Figment Capital, also shared, “The HTX Ventures team has been incredibly helpful in our growth as an emerging investment fund. Their knowledge of the Asian market and experience operating a globally recognized exchange has been invaluable as we continue to grow. We’re thankful for the trust and support the HTX Ventures team has placed in us and continue to look forward to collaborating for years to come.”

Figment Capital’s portfolio boasts notable projects such as EigenLayer, Celestia, Initia, Wormhole, Movement, zkSync, and more. The trust and reputation that Figment Capital has earned among Web3 founders are further strengthened by its close collaboration with portfolio companies, providing strategic guidance and technical support.

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HTX Ventures is excited about the potential of this partnership. By combining Figment Capital’s technical prowess and industry connections with HTX Ventures’ extensive market reach, particularly in Asia, we are well-positioned to support the next wave of innovative blockchain projects. This strategic investment marks a significant milestone in our mission to enhance global innovation support in the blockchain space.

About HTX Ventures

HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.

HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Figment Capital, Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Visit us here.

Contact Details
Michael Wang
[email protected]

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Company Website
https://www.htx.com/en-us/ventures

About Figment Capital

Figment Capital is an early stage venture fund, focused primarily on investing in blockchain infrastructure. Launched in 2021, Figment Capital invests in high-conviction, early-stage blockchain infrastructure projects, leveraging strong technical insights and support. Notable portfolio companies include EigenLayer, Celestia, Initia, Wormhole, Movement, and Starkware.

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Blockchain Press Releases

Bybit Drives Significant Trading Surge with EUR Zero Fees Campaign

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DUBAI, UAE, May 30, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by trading volume, today announced a staggering increase in EUR trading volume following the launch of its EUR Zero Fees Fiesta campaign in early April. This move underscores Bybit’s commitment to the European market, offering a competitive and cost-effective platform for European crypto traders.

“By eliminating EUR trading fees, we’re making it easier and more affordable for European users to participate in the cryptocurrency market,” said Joan Han, Sales & Marketing Director of Bybit. “We view Europe as one of the key growth markets and are dedicated to offering a streamlined experience for European traders.

Soaring Popularity: Bybit Now #2 in Netherlands Market

The EUR Zero Fees Fiesta campaign has yielded impressive results. Since its launch, Bybit has observed a 13% average daily increase in trading volume for EUR pairs (compared to April data). This surge in volume strengthens Bybit’s position as a major player in the European crypto market. Bybit is currently ranked number two in the Netherlands, highlighting its expanding presence in the region.

Beyond Fees: Fostering a Convenient Crypto Experience for Europeans

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Bybit’s commitment to fostering a vibrant and accessible crypto ecosystem for European users extends beyond just fees. The EUR Zero Fees Fiesta campaign eliminates hidden costs, simplifying user participation in the market without surprise charges. This, combined with the seamless one-click purchase option through Google Pay across 35 currencies, empowers European users to buy and trade crypto with unmatched ease. Bybit is committed to making crypto not just accessible, but truly convenient for all European traders.

This dedication to user experience is what positions Bybit as the ideal platform for European crypto enthusiasts.  We’re constantly innovating to streamline processes and remove friction points, ensuring a smooth and hassle-free journey into the world of digital assets.

#Bybit / #TheCryptoArk /

About Bybit

Bybit is one of the world’s top three crypto exchanges by volume with over 30 million users. Established in 2018, Bybit offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.

For media inquiries, please contact: [email protected]

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Blockchain Press Releases

Artrade’s new RWA feature ‘Fragments’: Launching with a Picasso

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Investing in world-class art like buying tokens on Solana

PARIS, May 29, 2024 /PRNewswire/ — Artrade is excited to announce the upcoming launch of its new feature “Fragments”: a Real World Asset (RWA) physical masterpiece linked to a token on Solana. 

 

 

After the presale, it will be accessible in one click like any other tokens on a DEX.

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Making real world art investment easier than ever before.

The artworks 

We are only considering important artists for our new “Fragments” feature. Rapidly increasing and reliable valuations convinced us this is the right choice. We’ve been sourcing and analyzing serious offers on Monet, Picasso, Warhol and Banksy among others.

This typically expensive and elite investment opportunity is now accessible to you through trading fractions of it with Artrade.

Our first inaugural piece for this feature:

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A drawing by Pablo Picasso.

Artrade is proud to showcase this intimate piece of art by the most famous signature in the world, valued at $200,000.

The artwork will be revealed at the NFC conference in Lisbon, and the presale opened at this occasion.

After months of sourcing and researching the art market, we’re proud to come to the public with a piece by such an iconic artist.

Our vision

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Our ultimate vision is not to resell our artworks on the traditional market for a profit, but rather to create real-time quotations of our artwork’s tokens. Enhancing token value for holders over time.

Though if the artwork is resold, holders will have the option for a buyback (convert to USDC) of their tokens.

According to Artrade’s founder Paul Weibel: “On-chain real world assets will finally democratize the investment in historical masterpieces of art.”

What you get as a Fragment investor:

  • $ATR token airdrop
  • Whitelist priority on the next token offering
  • Be a part of the exclusive Fragment Collector community
  • Access to exclusive networking events and IRL showcases of the artwork

Why invest in an Art Real World Asset token?

Liquidity: contrary to a NFT or a physical artwork, a token is completely liquid and can be traded anytime.

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Value: the value of your token is really associated to the value of the artwork on the market. It’s a token with a real utility and value in the world.

Investment: the valuation of masterpieces has been reliable, strong and consistent for hundreds of years. The market knows that.

With Artrade’s RWA Token, this value will be displayed in real-time and opened to a dynamic Web3 native secondary market.

About Artrade 

Artrade is a French JEI (young innovative R&D company) created and funded in 2021 through an ICO (initial coin offering). Since then, the $ATR token has reached an ATH of $140m valuation with a pool of thousands of holders.

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The main and already running marketplace is built around Art real world assets by contemporary artists. Counting around 4,000 monthly users, Artrade is gaining more and more credibility and traction in the space.

Stay tuned for more updates and get ready to invest in world-class art with Artrade’s innovative “Fragments” feature.

Artrade, trade art. 

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Media contact:
[email protected]

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