The photovoltaic (PV) solar power industry is continuing to evolve, but demand for gallium as a doping element in silicon-based PV cells is gradually declining, market participants told Fastmarkets early in 2025.

Bearishness in China’s photovoltaic (PV) industry is expected to remain in 2025 amid overcapacity, market participants widely agree.

The lithium market in 2025 is expected to face significant challenges due to production cuts, shifting demand patterns and geopolitical tensions. These factors are poised to reshape the market landscape, impacting supply chains and pricing strategies.

Access our expert insights into the outlook for the Asian paper packaging market in 2025, including insights into the projected growth in containerboard demand across the region.

Access our expert insights into the outlook for the Asian paper packaging market in 2025, including insights into the projected growth in containerboard demand across the region.

Access our experts' data visualizations illustrating key trends in the Asia paper packaging market, including changes in containerboard demand, fluctuating operating rates and a dip in net imports.

Read our outlook on the North American paper packaging market, including the reasons behind price increases and the impact of changes to trade and tariffs.

Access our deep dive into the current state of the US kraft paper packaging market and outlook on the year ahead.

The growth is largely expected to be driven by stricter environmental regulations, increasing pressure from consumers and investors for sustainable products, and the region's commitment to achieving carbon neutrality, according to sources.

After years of insufficient domestic supply that brought prices to record highs, China’s fluorspar supply tightness will ease in 2025 due to several newly developed mining sites as well as rising imports from Africa, sources told Fastmarkets, adding that demand from batteries, especially the energy storage sector (ESS), will continue to rise.