Photovoltaic Global Demand for Polysilicon to Surge 25% in 2014

Demand for polysilicon used in solar and semiconductor applications is expected to rise sharply to 282,000 metric tons in 2014, up 25% versus last year.

According to the latest NPD Solarbuzz Polysilicon and Wafer Supply Chain Quarterly report, the growth in demand for polysilicon is being driven by the rapid increase in end-market solar photovoltaic (PV) module shipments, which are now expected to reach approximately 49 gigawatts (GW) this year.