The high demand of silicon dioxide in food and construction industry is driving the market in the coming years.
Silicon Dioxide Market Size – USD 6.45 Billion in 2018, Market Growth – CAGR of 6.6%, Market Trends – Increased application in solar panels.
The global Silicon Dioxide market is forecast to reach USD 11.49 Billion by 2027, according to a new report by Reports and Data. Silicon Dioxide is commonly known as Silica and is found abundantly on Earth’s crust. It is present in natural as well as synthetic form. The most common form of the market product is Quartz. It is found in granite and is also one of the main components of sandstone.
Abundant supply of silicon dioxide is a major driving factor for the market. The physical and chemical properties of silicon dioxide contributes to the versatility of this compound in a variety of commercial applications. Silicon Dioxide has a broad range of usage, including viscosity control agents in paints, inks, coatings, and corrosion-resistance, among others, and as excipients in cosmetics and pharmaceuticals.
Silicon dioxide is found naturally in many plants, like bell peppers, leafy green vegetables, brown rice, beets, oats, and alfalfa, among others. The herb horsetail also provides a rich natural source of silicon dioxide. It was traditionally used by herbalists for healthy nails, skin, and hair. There are some forms of algae that contain considerable levels of absorbable silica and can be used in the preparation of silicon supplements.
The Asia Pacific region is capitalizing on the ample growth opportunity of new product portfolio derived from silicon dioxide. Due to the availability of resources and investment platforms, APAC is expected to spur the market growth of silicon dioxide.
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Key participants include Cabot Corporation, American Elements, Solvay, Tokuyama Corporation, Gelest Inc., Tosoh Corporation, Wacker Chemie AG, Sigma-Aldrich Co. LLC, Golovach Quartz, and Sinosi Group Corporation, among others.
Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/silicon-dioxide-market
For the purpose of this report, Reports and Data have segmented into the global Silicon Dioxide market on the basis of form, end-use industry, source, application, and region:
Form Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
End-Use Industry Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Source Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
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Table of Content:
Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Silicon Dioxide Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Chapter 5. Competitive Landscape
5.1. Market Revenue Share By Manufacturers
5.2. Manufacturing Cost Breakdown Analysis
5.3. Mergers & Acquisitions
5.4. Market positioning
5.5. Strategy Benchmarking
5.6. Vendor Landscape
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