Most Growing Business Of Silicon Metal
Silicon, along with carbon germanium, tin, and lead, is the fourteenth element in the periodic table and belongs to Group IVA. Pure silicon has the same crystalline structure as diamond and is a dark grey solid. It has similar chemical and physical properties to this substance. Silicon has a melting temperature of 2570 degrees Fahrenheit (1410 degrees Celsius), a boiling point of 4271 degrees Fahrenheit (2355 degrees Celsius), and a density of 2.33 grammes per cubic centimetre. Silicon is the eighth most abundant element in the universe by mass, yet it is extremely rare in the Earth's crust as a pure element. It is found in various forms of silicon dioxide (silica) or silicates in dusts, sands, planetoids, and planets. Silicate minerals make up about 90% of the Earth's crust, making silicon the second most abundant element in the crust (approximately 28 percent by mass) behind oxygen. The majority of silicon is utilised commercially without being separated, and the natural minerals are often processed minimally. Clays, silica sand, and stone are used in industrial construction. Silicates are found in Portland cement, which is used to manufacture mortar and stucco, as well as concrete for walkways, foundations, and roadways. They're also found in white ceramics like porcelain, as well as standard quartz-based soda-lime glass and a variety of other specialised glasses.
Although it is difficult to discover pure silicon in nature, it is the second most frequent element in the Earth's crust. China produces significantly more silicon than any other country, including silicon content for ferrosilicon and silicon metal. In 2016, China produced around 4.6 million metric tonnes of silicon, accounting for around two-thirds of world output, which totaled around 7.2 million metric tonnes. Russia, the United States, and Brazil are the other main producers. Silicones are silicon-based polymers that offer an environmentally friendly alternative to hydrocarbon-based products. These polymers are found in a variety of products, including lubricants, greases, and resins, as well as skin and hair care products, antiperspirants, polishes, anti-foam agents, and fabric softeners.
• Silicon Chips: The electrical devices we use every day would not function without silicon-based semi-conductor chips.
• Optical Glass: Silicon is responsible for today's high-speed communications. Both optical fibre and liquid crystal displays are made with optical glass made from silicon.
• Photovoltaics: Silicon is used extensively in the solar industry. Solar panels, which are composed of silicon, use the sun's rays to heat buildings and water, create home and industrial electricity, and operate remote telecommunications, weather, and irrigation systems.
The silicon metal market was valued at over 2.9 million tonnes, and it is expected to grow at a CAGR of 4% over the next five years (2021-2026). Silicon metal serves as the foundation for a wide range of products, therefore it plays a significant role in both the industrial and consumer sectors. The use of silicon metal to make aluminium alloys currently accounts for the majority of overall silicon metal production. Aluminum alloys are employed in the manufacture of automotive and aeronautical components.
COVID-19 has had an impact on silicon demand and supply all around the world. Due to constraints, there was no consistent material supply, and most silicon metal facilities temporarily halted operations. The price reversal caused by COVID-19, as well as the recent application of preliminary taxes on all silicon metal imports by the Commerce Department, may have a detrimental impact on the market. As a whole there is a good scope for new entrepreneur to invest in this business.
Few Indian major players
1. Gravita India Ltd.
2. Kothari Metals Ltd.
3. Oswal Minerals Ltd.
4. Singhania Minerals Pvt. Ltd.
5. Welcome Impex Pvt. Ltd.
Plant capacity: 167 MT per day
Plant & machinery: 2138 Lakhs
Working capital: -
T.C.I: Cost of Project: 6900 Lakhs
Return: 28.00%
Break even: 60.00%
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Information- One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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