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BEIJING, May 18, 2011 - (ACN Newswire) - Chinaagriculturenet.com predicts China's compound annual growth rate of the supply of polysilicon in 2010-2014 will be16% and will reach 29 million tons in 2014.
Chinaagriculturenet.com analyzes that the rise of China's polysilicon industry benefits from the booming development of global photovoltaic Industry. The strong market demand has greatly promoted the development of China's polysilicon industry. Only a few years, China's polysilicon industry has developed so quickly and the distance is gradually shrinking from the international advanced level.
Since 2006, the artificially high market prices and the temptation to short-term profits, setting off a wave of polysilicon project in China's construction boom. The scale and investment can be called the largest in the world. The polysilicon production in 2005 was only 60 tons, 287 tons in 2006 and in 1156 tons 2007, but suddenly increased to 4,000 tons in 2008.
Chinaagriculturenet.com points out that in 2010, after the peak in 2006-2007 and the low in 2008-2009, China's polysilicon solar energy industry is being ushered in our second spring. The polysilicon production in 2009 reached 20,357 tons and the sales income was nearly 9 billion yuan. The polysilicon industry boomed and the business confidence is gradually restored.
With a strong recovery of the overseas market in 2010, polysilicon production began a new round investment. Traditional companies in the industry and new companies have launched into the project. The price of polysilicon regain upward trend and until now it has surpassed $ 100 per kilogram. Since the recovery of the entire PV industry in 2010, all products of the industrial chain such as solar wafers, cells, components, and so on have shown a shortage.
Contact:
http://www.chinaagriculturenet.com/
Email: my@chinaagriculturenet.com
Topic: Research / Industry Report
Source: Chinaagriculturenet.com
Sectors: Chemicals, Spec.Chem
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From the Asia Corporate News Network
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