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Silicon Monoxide Market
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Silicon Monoxide Market

Author: Vineet Pandey - Business Consultant, Report ID - DS1301038, Published - January 2025

Segmented in Application (Electronics, Solar Energy, Battery Anodes, Others), Type (Amorphous, Crystalline), Purity Level, End-User Industry and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Silicon Monoxide Market Outlook

Silicon Monoxide is changing the game across industries with its ability to transform and serve multiple functions essential for various industrial uses such as manufacturing and cutting edge electronics sectors. The market, for Silicon monoxide was estimated at $639.4 million in 2024. It is anticipated to increase to $876.6 million by 2030 with projections indicating a growth to around $1.1 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 5.4% over the forecast period. Its widespread use is increasingly positioning it as an element in the ever changing technology realm; influencing advancements in fields, like semiconductors, solar energy systems and microelectronics. By delivering performance levels at an affordable cost Silicon Monoxide serves as a significant force driving technological progress.


Silicon Monoxide is a combination of silicon and oxygen that industry professionals find quite attractive for various reasons. It boasts features like strong adhesive properties and excellent performance in precise optics applications as well, as a notable thermoelectric response when subjected to extreme conditions.


Market Size Forecast & Key Insights

2019
$639M2024
2029
$1.1B2034

Absolute Growth Opportunity = $442M

The Silicon Monoxide market is projected to grow from $639.4 million in 2024 to $1.08 billion in 2034. This represents a CAGR of 5.4%, reflecting rising demand across Thin Film Coating, Fused Clay Production and Battery Manufacturing.

The Silicon Monoxide market is set to add $442 million between 2024 and 2034, with manufacturer targeting Solar Energy & Battery Anodes Application projected to gain a larger market share.

With Increasing demand in microelectronics, and Surge in optical coatings applications, Silicon Monoxide market to expand 69% between 2024 and 2034.

Opportunities in the Silicon Monoxide Market

Potential in electronic displays

Silicon Monoxide holds promise for use in microelectronics applications with a focus, on enhancing electronic display manufacturing processes and improving the durability and efficiency of consumer screens through enhanced optical properties and extended lifespan.

Niche in Energy Sector and Semiconductor Manufacturing

The growing popularity of energy options has opened up a new door for Silicon Monoxide in the solar panel sector as a key coating material, for solar cells. This development could greatly impact the effectiveness of technologies and transform the renewable energy landscape.

With the increasing volume of data and the advancement of 5th generation communication technology comes a growing need for servers and data facilities. Silicon Monoxide has the potential to play a role in creating fast and efficient semiconductor devices. This could have an impact, on the technology sector.

Growth Opportunities in North America and Europe

Europe Outlook

Europe is behind North America in the Silicon Monoxide market with competition influenced by the growth strategies of leading companies in the region. The energy sectors expansion plays a significant role in driving opportunities in Europe as silicon monoxide is widely utilized in producing solar cells. Moreover the market, in Europe is boosted by the flourishing electronics industries.

North America Outlook

In North America's Silicon Monoxide market is quite lively with competition among top players in the market driving it forward. The market sees technological advancements and benefits from the presence of various industrial sectors which help fuel its growth. There are prospects in the region mainly because of a significant emphasis on research and development, within the semiconductor industry.

North America Outlook

In North America's Silicon Monoxide market is quite lively with competition among top players in the market driving it forward. The market sees technological advancements and benefits from the presence of various industrial sectors which help fuel its growth. There are prospects in the region mainly because of a significant emphasis on research and development, within the semiconductor industry.

Europe Outlook

Europe is behind North America in the Silicon Monoxide market with competition influenced by the growth strategies of leading companies in the region. The energy sectors expansion plays a significant role in driving opportunities in Europe as silicon monoxide is widely utilized in producing solar cells. Moreover the market, in Europe is boosted by the flourishing electronics industries.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, China, Japan, Germany, South Korea are expected to grow at 3.5% to 5.2% CAGR

2

Emerging Markets : Vietnam, Brazil, Nigeria are expected to grow at 6.2% to 7.5% CAGR

Market Analysis Chart

The direction of the Silicon Monoxide market is influenced by a combination of factors interacting in a complex manner. A key factor driving the market is the use of Silicon Monoxide in the electronics sector. With its role in producing electronic chips and semiconductors. The demand for Silicon Monoxide is increasing due to the rise in production of devices. As the electronics industry. New technologies come into play. It is anticipated that there will be a trend in the market, for Silicon Monoxide.

Recent Developments and Technological Advancement

December 2024

Hudson Chemicals has unveiled plans to increase production capacity, for silicon monoxide in a move to expand its presence in the semiconductor industry.

October 2024

Feldspar Corporation has unveiled an efficient silicon monoxide for use in solar cells. This advancement represents a progress, in the field of renewable energy.

July 2024

Iris Materials introduced a of silicon monoxide that has improved heat resistance specifically designed for high performance lithium ion batteries.

Lately there has been an increase in the demand for Silicon Monoxide driven by its unique properties and diverse applications across various industries. The growth of the Silicon Monoxide market is largely attributed to the need for performance optoelectronic devices resulting from rapid technological progress. An important development worth mentioning in the Silicon Monoxide market is its expanding utilization, within the coating sector.

Impact of Industry Transitions on the Silicon Monoxide Market

As a core segment of the C&M industry, the Silicon Monoxide market develops in line with broader industry shifts. Over recent years, transitions such as Shift Towards Greener Technologies and Increased Demand in Optical Applications have redefined priorities across the C&M sector, influencing how the Silicon Monoxide market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Shift Towards Greener Technologies:

The Silicon Monoxide market is going through a change as companies strive for increased sustainability measures are being taken to lower carbon emissions and embrace eco friendly practices, such as adopting renewable energy sources in manufacturing and implementing waste reduction initiatives are gaining prominence this move toward more environmentally friendly technologies represents a positive advancement in combating climate change and offers potential benefits, for businesses seeking to enhance their reputation and comply with stricter environmental rules

2

Increased Demand in Optical Applications:

Silicon Monoxide is highly sought after in the industry due, to its exceptional optical properties and is commonly utilized in optical coatings and high quality mirrors for its superior refractive index and minimal stress levels.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the C&M industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the C&M industry cascade into the Silicon Monoxide market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Increasing Demand in Microelectronics, and Expansion in Photovoltaic Industry

The market for silicon monoxide is also picking up pace as there is also an increasing need for it in the microelectronics sector, where it is also valued for its characteristics such, as being easy to work with at low temperatures and having strong electrical conductivity resistance.
The rapid growth of the panel industry is also a key driver for the expansion of the silicon monoxide market as silicon monoxide is also essential for creating solar cells that efficiently absorb sunlight and this trend is also driving its popularity, in the industry.
The growing utilization of silicon monoxide in coatings is also a major factor driving market growth forward. Thanks to its transparency to wavelengths of light silicon monoxide finds applications in various products like eyeglasses and astronomical telescopes leading to an increase in demand, for this material.

Restraint: Limited Commercial Production

One of the obstacles hindering the expansion of the Silicon Monoxide market is the restricted availability of this compound through commercial production channels. Due to its properties and the need for high processing temperatures and specialized machinery in large scale manufacturing processes making Silicon Monoxide becomes a complex task that increases production expenses substantially. As a result of these challenges and costs involved many manufacturers find it financially burdensome to engage in production leading to a relatively sluggish growth rate, in its global market reach.

Challenge: Lack of Broad-based Applications

One more hurdle that adds to the market difficulties faced by Silicon Monoxide is its range of applications. Even though Silicon Monoxide is mainly used in the semiconductor sector and for coatings purposes its utility isnt widespread or prevalent, in various industries.

Supply Chain Landscape

Raw Material Extraction

Rio Tinto

BHP

Production

American Elements

SCP Science

Distribution & Trade
Sigma-Aldrich / Alfa Aesar
End-use Industry
Automotive / Electronics / Photovoltaic Industry
Raw Material Extraction

Rio Tinto

BHP

Production

American Elements

SCP Science

Distribution & Trade

Sigma-Aldrich

Alfa Aesar

End-use Industry

Automotive

Electronics

Photovoltaic Industry

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Thin Film Deposition
Semiconductor
Shin-Etsu Chemical Co, Ltd.
Leveraging vast experience and technological superiority in semiconductor materials production
Optical Coating
Optoelectronics
Materion Corporation
Offering high-performance optical coatings and custom solutions tailored to individual customer needs
Ceramic Composite Production
Advanced Materials
CoorsTek, Inc.
Utilizing innovative material technologies to design advanced ceramic components
Lithium-ion Battery Anodes
Energy Storage
BTR New Energy Materials Inc.
Developing high-performance anode materials for energy storage applications

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Silicon Monoxide market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Silicon Monoxide in Fused Clay Production, Battery Manufacturing and Thin Film Coating

Fused Clay Production

Silicon oxide plays a role in creating fused clay for applications requiring high thermal stability. Its presence boosts the flow of the melt. Adds a distinctive touch to the clay produced as a result. Major industry leaders such, as Lhoist have leveraged this benefit to improve both the quantity and quality of their clay production.

Battery Manufacturing

In the field of battery manufacturing industry silicon monoxide is used as a material for electrodes. One of its benefits is its ability to store a large number of lithium ions, which makes it a popular option for lithium ion batteries. Major companies like Panasonic have made investments, in silicon monoxide technology to enhance the effectiveness of their battery offerings.

Thin Film Coating

Silicon Monoxide is commonly employed in producing films for a range of optical and electrical uses due to its unique refractive index that allows for effective management of light properties. This compounds distinct advantage is in its ability to facilitate the creation of quality thin films, with exceptional light transmission capabilities. Shin Etsu Chemical and other industry leaders utilize the properties of Silicon Monoxide to develop notch thin films that offer excellent light transmission qualities.

Silicon Monoxide vs. Substitutes:
Performance and Positioning Analysis

Silicon Monoxide stands out from options because of its excellent conductivity and thermal stability in the semiconductor industry sphere. Its special market niche stems from its growing popularity, in cutting edge technology sectors and the expectation of growth ahead.

Silicon Monoxide
  • Silicon Dioxide /
  • Silicon Carbide /
  • Silicon Nitride
    High thermal conductivity, chemical stability
    Reactivity with water, difficulty in handling and storing due to its moisture sensitivity
    High thermal stability, cost efficiency
    Limited performance at high temperatures, possible health hazards

Silicon Monoxide vs. Substitutes:
Performance and Positioning Analysis

Silicon Monoxide

  • High thermal conductivity, chemical stability
  • Reactivity with water, difficulty in handling and storing due to its moisture sensitivity

Silicon Dioxide / Silicon Carbide / Silicon Nitride

  • High thermal stability, cost efficiency
  • Limited performance at high temperatures, possible health hazards

Silicon Monoxide stands out from options because of its excellent conductivity and thermal stability in the semiconductor industry sphere. Its special market niche stems from its growing popularity, in cutting edge technology sectors and the expectation of growth ahead.

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Research Methodology

This market research methodology defines the Silicon Monoxide market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the C&M ecosystem, we analyze Silicon Monoxide across Semiconductor and Solar Cells Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:


We benchmark competitors such as Evaporated Coatings Inc., Materion Corporation, and Comcore Technologies Inc. by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Extraction, Production, and Distribution & Trade. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global C&M revenues to estimate the Silicon Monoxide segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Extraction (Rio Tinto, BHP), Production (American Elements, SCP Science), and Distribution & Trade. Our parallel substitute analysis examines Silicon Dioxide, Silicon Carbide, and Silicon Nitride, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Evaporated Coatings Inc., Materion Corporation, and Comcore Technologies Inc., analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Silicon Monoxide market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Silicon Monoxide Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 673 million
Revenue Forecast in 2034USD 1.08 billion
Growth RateCAGR of 5.4% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024639 million
Growth OpportunityUSD 442 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024639 million USD
Market Size 2027748 million USD
Market Size 2029831 million USD
Market Size 2030876 million USD
Market Size 20341.08 billion USD
Market Size 20351.14 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredApplication, Type, Purity Level, End-User Industry
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledEvaporated Coatings Inc., Materion Corporation, Comcore Technologies Inc., Sigma-Aldrich Corporation, American Elements, MPD Inc., EMD Performance Materials Corporation, Kurt J. Lesker Company, Infrared Optical Products, Plasmaterials Inc., Able Target Limited and Changsha Xinkang Advanced Materials Co. Ltd.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Silicon Monoxide Market Size, Opportunities & Strategic Insights, by Application

4.1Electronics
4.2Solar Energy
4.3Battery Anodes
4.4Others
Chapter 5

Silicon Monoxide Market Size, Opportunities & Strategic Insights, by Type

5.1Amorphous
5.2Crystalline
Chapter 6

Silicon Monoxide Market Size, Opportunities & Strategic Insights, by Purity Level

6.1High Purity
6.2Low Purity
Chapter 7

Silicon Monoxide Market Size, Opportunities & Strategic Insights, by End-User Industry

7.1Semiconductor
7.2Solar Cells
Chapter 8

Silicon Monoxide Market, by Region

8.1North America Silicon Monoxide Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Silicon Monoxide Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Silicon Monoxide Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Silicon Monoxide Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Silicon Monoxide Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Silicon Monoxide Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Evaporated Coatings Inc.
9.2.2Materion Corporation
9.2.3Comcore Technologies Inc.
9.2.4Sigma-Aldrich Corporation
9.2.5American Elements
9.2.6MPD Inc.
9.2.7EMD Performance Materials Corporation
9.2.8Kurt J. Lesker Company
9.2.9Infrared Optical Products
9.2.10Plasmaterials Inc.
9.2.11Able Target Limited
9.2.12Changsha Xinkang Advanced Materials Co. Ltd.