Report

Global Silica Flour Market Size study, By Type (Quartz, Cristobalite), By End Use (Fiberglass, Foundry, Glass & Clay, Ceramic & Refractory, Oil Well Cement), and Regional Forecasts 2022-2028

  • Publish Date: Apr,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Silica Flour Market Size study, By Type (Quartz, Cristobalite), By End Use (Fiberglass, Foundry, Glass & Clay, Ceramic & Refractory, Oil Well Cement), and Regional Forecasts 2022-2028Global Silica Flour Market is valued approximately USD 563 Million in 2021 and is anticipated to grow with a healthy growth rate of more than 3.94% over the forecast period 2022-2028.

Silica Flour is a byproduct in the carbothermic reduction of high-purity quartz with carbonaceous constituents such as wood chips, coke, coal, in electric discharge arc furnaces for manufacturing or supplying silicon and ferrosilicon alloys. It is a competent pozzolanic material because of the presence of high silica content and its high fineness attribute. The rising application of silica flours in the products such as toothpaste, paints, soaps, and skincare goods as well as also used as a filler in various pharmaceutical goods is propelling the market growth. The increasing glass demand, growth of the oil & gas industry, coupled with the rising adoption of silica flour for oil well cementing are the significant factors that stimulate the market demand around the world. For instance, according to the Indian Brand Equity Foundation IBEF, in 2019, the Indian Ministry of Petroleum and Natural Gas has invested nearly USD 118 billion in oil & gas exploration, also initiate natural gas infrastructure to fulfill the growing need of a developing economy. Thereby, growing investment for the development of the oil& gas industry is accelerating the market demand. However, the adverse effects of silica flour on human health impede the growth of the market over the forecast period of 2022-2028. Also, an increasing number of construction and infrastructural activities is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Silica Flour Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising demand of the glass and silica flour for renewable energy resource applications like wind turbines and solar cells, tied with the presence of the leading automobile companies such as Ford Company and General Motors. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing expenditure on industrial & residential construction activities, as well as the growth of the electronics, personal care products, and food & beverages industry would create lucrative growth prospects for the Silica Flour market across the Asia-Pacific region.
Major market players included in this report are:
U.S. Silica Holdings, Inc.
Sibelco Group
Adwan Chemical Industries Company
Sil Industrial Minerals
AGSCO Corporation
International Silica Industries Company Plc.,
Delmon Group
Fineton Industrial Minerals Limited
Hoben International Ltd.
Finore Minerals LLP

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Quartz
Cristobalite
By End Use
Fiberglass
Foundry
Glass & Clay
Ceramic & Refractory
Oil Well Cement
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Silica Flour Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors




Companies Mentioned

U.S. Silica Holdings, Inc.
Sibelco Group
Adwan Chemical Industries Company
Sil Industrial Minerals
AGSCO Corporation
International Silica Industries Company Plc.,
Delmon Group
Fineton Industrial Minerals Limited
Hoben International Ltd.
Finore Minerals LLP