Mexico Silicon Metal Market Size & Outlook, 2025-2030
Related Markets
Mexico silicon metal market highlights
- The Mexico silicon metal market generated a revenue of USD 61.9 million in 2024 and is expected to reach USD 90.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4% from 2025 to 2030.
- In terms of segment, solar & semiconductor was the largest revenue generating application in 2024.
- Silicones is the most lucrative application segment registering the fastest growth during the forecast period.
Silicon metal market data book summary
| Market revenue in 2024 | USD 61.9 million |
| Market revenue in 2030 | USD 90.5 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Solar & semiconductor |
| Fastest growing segment | Silicones |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aluminum, Silicones, Solar & Semiconductor |
| Key market players worldwide | Ferroglobe PLC, Dow Inc, Elkem ASA Ordinary Shares, Wacker Chemie AG, RIMA Group, RUSAL, Liasa |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.9% of the global silicon metal market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. silicon metal market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 90.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Silicon Metal Market Scope
Silicon Metal Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mississippi Silicon | View profile | 11-50 | Burnsville, Mississippi, United States, North America | https://www.missilicon.com/ |
| Anyang Huatuo Metallurgy Co. | View profile | 51-100 | Anyang, Henan, China, Asia | https://www.sialloy.com |
| Hoshine Silicon | View profile | 5001-10000 | Pinghu, Zhejiang, China, Asia | http://www.hoshinesilicon.com |
| Liasa | View profile | 501-1000 | Santo Agostinho, Espirito Santo, Brazil, South America | https://www.liasa.com.br |
| RUSAL | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.rusal.ru |
| RIMA Group | View profile | 11-50 | Belo Horizonte, Minas Gerais, Brazil, South America | https://www.rima.com.br/ |
| Elkem ASA Ordinary Shares | View profile | 7436 | Drammensveien 169, Oslo, Norway, 0277 | https://www.elkem.com |
| Ferroglobe PLC | View profile | 3403 | 13 Chesterfield Street, London, United Kingdom, W1J 5JN | https://www.ferroglobe.com |
| Wacker Chemie AG | View profile | 16378 | Hanns-Seidel-Platz 4, Munich, BY, Germany, 81737 | https://www.wacker.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
Mexico silicon metal market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silicon metal market will help companies and investors design strategic landscapes.
Solar & semiconductor was the largest segment with a revenue share of 49.76% in 2024. Horizon Databook has segmented the Mexico silicon metal market based on aluminum, silicones, solar & semiconductor covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is key producer of vehicles in global market. The country is home to various international original manufacturers (OEMs) such as Volkswagen, Audi, BMW, Ford and General Motors, among others. The focus on improvement of fuel efficiency to reduce the emissions is attracting significant amount of aluminum products in the Mexican auto industry.
Mexican silicon metal demand decreased from 24.0 kilotons in 2019 to 21.6 kilotons in 2020, decline of around 10.1%. This was mainly due to COVID-19 pandemic, which affected industrial production of automotive, aerospace, consumer durables and packaging industries.
Reasons to subscribe to Mexico silicon metal market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico silicon metal market databook
-
Our clientele includes a mix of silicon metal market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico silicon metal market , including forecasts for subscribers. This country databook contains high-level insights into Mexico silicon metal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico silicon metal market size, by application, 2018-2030 (US$M)
Mexico Silicon Metal Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
