Forecast: Silicon Metal Consumption for Miscellaneous and Unspecifie Uses in the US

In 2023, the US silicon metal consumption for miscellaneous and unspecified uses stood at approximately 178.9 thousand metric tons. Forecast data from 2024 to 2028 shows a steady yearly increase, with values projected to reach 187.66 thousand metric tons by 2028. The year-on-year growth rates are incremental, around 1% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.96%.

Future trends to watch for include:

  • Technological advancements driving increased demand in new applications such as renewable energy and electronics.
  • Potential impacts of regulatory changes on production and consumption.
  • Shifts in global trade policies that might affect supply chains and market dynamics.

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