Global Silica Market Outlook to 2026
SKU ID :BQ-18359741 | Published Date: 17-Dec-2020 | No. of pages: 0Description
Silica is found in nature in a crystalline form such as quartz sand, and it is the most abundant component of the earth's crust. Amorphous silica is industrially manufactured in various forms. By the end-user industry, personal care is anticipated to hold a significant market share in the forecasted period. The most popular silica in personal care products is hydrated silica used in a wide range of cosmetics and personal care products, including bath products, eye makeup, hair care products, makeup, nail care products, and oral hygiene, and skincare products. The primary use for hydrated silica is in toothpaste since it is mildly abrasive. Toothpaste uses nearly up to 10% by weight of silica in their formulation.
According to Researcher, the global silica market is expected to witness a considerable growth rate during the forecast period. The primary factor responsible for the global silica market's growth is the rising construction and electronics industry. The extensive use of silica in the construction industry is due to its unique properties. For instance, silica sand enhances the flexural strength of the binding system without affecting the chemical properties. Moreover, ground silica adds durability to epoxy-based compounds, sealants, and caulks by improving the anti-corrosion and weathering properties.
By end-user industry, construction will be the dominant market shareholder in the forecasted period due to the extensive use of silica in concrete production. Asia Pacific region is expected to be the largest market for silica in terms of both consumption and production due to the presence of giantelectronics industry in the region and growth in the construction industry.
Key players in the market includeWacker Chemie AG, Tosoh Corporation, Evonik Industries, AkzoNobel N.V., and Solvay SA and Cabot Corporation, among others.
GlobalSilica Market report provides deep insight into the silica market's current and future state across various regions. The study comprehensively analyzes the silica market by segmenting based on Type (Crystalline and Amorphous), End-User Industry (Construction, Glass & Ceramic, Personal Care, Metallurgy, Electronics, Agriculture and Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
According to Researcher, the global silica market is expected to witness a considerable growth rate during the forecast period. The primary factor responsible for the global silica market's growth is the rising construction and electronics industry. The extensive use of silica in the construction industry is due to its unique properties. For instance, silica sand enhances the flexural strength of the binding system without affecting the chemical properties. Moreover, ground silica adds durability to epoxy-based compounds, sealants, and caulks by improving the anti-corrosion and weathering properties.
By end-user industry, construction will be the dominant market shareholder in the forecasted period due to the extensive use of silica in concrete production. Asia Pacific region is expected to be the largest market for silica in terms of both consumption and production due to the presence of giantelectronics industry in the region and growth in the construction industry.
Key players in the market includeWacker Chemie AG, Tosoh Corporation, Evonik Industries, AkzoNobel N.V., and Solvay SA and Cabot Corporation, among others.
GlobalSilica Market report provides deep insight into the silica market's current and future state across various regions. The study comprehensively analyzes the silica market by segmenting based on Type (Crystalline and Amorphous), End-User Industry (Construction, Glass & Ceramic, Personal Care, Metallurgy, Electronics, Agriculture and Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
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