The silicon metal market in the Asia Pacific is poised for significant growth, driven by rising demand from China, India, Japan, and South Korea, alongside major manufacturers like Shagang Group and Dow Chemical Silicones Korea Ltd. Key applications include aluminum alloys for automotive and aerospace, with a projected CAGR of 7.9% through 2030, fueled by trends in electric vehicles and renewable energy. The market's expansion is supported by technological advancements and increasing consumer electronics demand, particularly in emerging economies.
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