USD 581.2 million
Silica Flour Market Size, Share, Growth Analysis, By Type (Quartz, Cristobalite), By Application (Fiberglass, Foundry), By End Use Industry (Construction, Automotive), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15F2109 |
Region:
Global |
Published Date: December, 2024
Pages:
260
|Tables:
42
|Figures:
78
Silica Flour Market Insights
Global Silica Flour Market size was valued at USD 581.2 million in 2022 and is poised to grow from USD 612.00 million in 2023 to USD 925.08 million by 2031, growing at a CAGR of 5.3% during the forecast period (2024-2031).
Silica flour consumption has been expanding quickly in recent years due to its broad range of beneficial qualities. The mineral silicon dioxide is transformed into a fine powder called silica flour, which has several uses in both industrial and commercial settings. For instance, silica flour can be used as a filler or as an abrasive in a variety of products. The high degree of purity and heat resistance of silica flour make it excellent for usage in a variety of industries such as in cosmetic and pharmaceutical industries e.g. Breast implants. Also, silica fume particles have a high water demand and have an ability to absorb the excess amount of water because of this property it is used in the oil well cementing process. As demand for oil and gas products has increased in recent years which is a result of rising energy and fuel requirements have made many countries including the U.S, Russia, and India develop new oil wells thereby benefiting the growth of the industry. The countries in the region of the Middle East such as Iran, Kuwait, and Saudi Arabia which contribute to the largest part of oil economies are benefited from the usage of Silica flour in oil well cementing.
Silica is also used in the production of Fiberglass which is used in the automotive and construction sector in maximum percentage all over the world, the majority in North America due to rising modernization and construction followed by the Asia Pacific due to rising electricity demand. Thus, the rising modernization and technological advancements will facilitate the growth of the Silica Flour Market. Although silica has a wide variety of usage in various sectors, there are risks associated with it. Inhalation and retention of siliceous particles in the lungs can cause severe pulmonary diseases. It is estimated that around 2.5 million workers are regularly exposed to silica flour worldwide. Thus, this becomes a backdrop and can hinder the growth of the market.
US Silica Flour Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Adhesives
Fastest Growth
Adhesives
Growth Rate
5.3% CAGR
Global Silica Flour Market 2021-2028 ($ Mn)
Country Share for North America Region- 2021 (%)
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Silica Flour Market Segmental Analysis
Global Silica Flour Market is segmented by type, application, end use industry and region. Based on type, the market is segmented into quartz (natural quartz, synthetic quartz) and cristobalite (natural cristobalite, synthetic cristobalite). Based on application, the market is segmented into fiberglass (insulation, reinforcement), foundry (molding sands, core sands), glass & clay (glass manufacturing, ceramic manufacturing), oil well cement (drilling fluids, cementing), ceramic & refractory (refractory bricks, ceramic tiles) and others (paints & coatings, rubber & plastics). Based on end use industry, the market is segmented into construction (infrastructure, residential, commercial), oil & gas (exploration, production), automotive (manufacturing, maintenance), chemicals (chemical synthesis, industrial processes) and others (electronics, pharmaceuticals). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Silica Flour Market Analysis by Application
Based on the Application, the Global Silica Flour Market is segmented as paints and coatings, adhesives, polymers, fiberglass, ceramics, fused silica, oil well cementing, and others. Among these, the fiberglass segment dominated the global silica flour market. Due to its high toughness and low weight, and perfect for usage in composites and insulation uses in the building, automobile, and wind and solar industries. The fiberglass market is also being driven by builders and contractors who are very interested in employing silica flour to create fiberglass for construction projects, particularly in developing nations. To prevent the comfort of the car from being impacted by the outside environment, fiberglass is very frequently utilized in automobiles. The market for the product will grow as fiberglass is used more frequently in a range of industries.
The paints & coatings segment is expected to experience the fastest growth among the applications throughout the projection period. Along with the previously mentioned advantages, the inclusion of grounded silica enhances the critical properties of paints, including reflectivity, brightness, and color constancy. Additionally, it increases tent retention, provides resistance to dirt, mildew, wilting, and decomposition brought on by climatic changes, and is incorporated into architecture paints as a filler. This flour is predicted to increase in market share over the course of the forecast period since it enhances numerous qualities of paints and coatings.
Fused silica, on the other hand, is made by melting extremely pure silica sand. It is an essential raw material in the production of optical fiber, which is heavily used in the telecommunications sector. It is also used in the manufacturing of semiconductors and aeronautical products. Windows of manned spacecraft, such as the space shuttle and International Space Station, are made of fused silica. The substance is utilized to create erasable programmable read-only memory or EPROM, because of its UV transparency. Additionally, it is utilized in semiconductor production furnaces and SD optical data storage systems. The sector is predicted to hold a sizeable position in the market because of these well-known applications.
Global Silica Flour Market By Application, 2021 (%)
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Silica Flour Market Regional Insights
Due to the enormous growth in the tire sector brought about by the presence of the automobile giant, the North American region has been leading the global market for silica flour. The use of silica flour as a reinforcing filler has expanded due to the region's growing tire industry. In addition, the expansion of the region's silica flour market has been influenced by the use of glass and silica flour in renewable energy resource applications including solar cells and wind turbines. Additionally, because of an increase in building spending on residential and industrial projects in China and India, the Asia Pacific region is leading the world market for silica flour in terms of consumption. Besides this, the personal care, technology, and food & beverage industries are all growing quickly in this region, fuelling demand for more glass, and supporting the growth of the market.
Global Silica Flour Market By Geography, 2021 - 2028
- Largest
- Fastest
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Silica Flour Market Dynamics
Silica Flour Market Driver
- Ceramics are being used more frequently, which will boost the market. Consumer spending power has increased as a result of the growing world population and rising standards of living, which has encouraged them to look for unique building materials for their residences. Ceramic is one such substance that has acquired popularity in the global construction business. It can be found in a variety of places in both residential and commercial projects, such as ceramic tiles, sanitary ware, washbasins, and kitchen counters. One of the essential ingredients in the creation of glaze and clay bodies is grounded silica. In order to give the melting or glassifying agents in ceramics the ability to fuse, it is added to the production process. Since ceramics have a rather high melting point, they are frequently fluxed with other materials such as amorphous silica powder to lower their melting point, which helps in maintaining the melting point of ceramics in an optimum range. Grounded silica also imparts hardness to glazes and decreases their thermal expansion As ceramics are gaining demand throughout the construction industry, especially in emerging economies of the Asia Pacific and Latin America, the utilization of silica flour is also expected to acquire considerable market share shortly.
- Silica flour demand for oil well cementing is rising and it is one of the major factors driving the growth of the market. One of the main uses of silica flour is in oil well cementing, and as the oil industry has expanded and crude oil prices have risen, so has the demand for silica flour. Because of its permeability and mechanical strength, silica flour is commercially utilized in oil well cementing. Wellbore temperatures can rise above 110°C throughout the Western Canadian Sedimentary Basin as a result of good depth or physical treatment. Standard cement (Oilwell Class G) must be supplemented with silica flour in these conditions to meet permeability and compressive strength standards. As a result, silica flour for oil well cementing is in high demand.
Silica Flour Market Restraint
- Strict government restrictions on the use of silica flour. Because silica is a hazardous material, it is governed by Chapter 4 of the 2017 Occupational Health and Safety Regulations on Hazardous Substances. This means that an employer has a legal obligation to recognize risks, get rid of them or control any risks, give employees knowledge and training, monitor the atmosphere, keep records, and, in the case of crystalline silica, monitor employee health. The exposure requirements for the three types of crystalline silica, quartz, cristobalite, and tridymite, have been updated by the National Occupational Health and Safety Commission (NOHSC; now SafeWork Australia). These rules and requirements have forced firms to use innovative methods to ensure a secure workplace. Consequently, there may be a decline in earnings in terms of profit margins and this is limiting the hurdling of the growth of the market to some extent. Strict regulatory concerns and limitations on the items, as well as skin problems such as rashes and redness, limit expansion. Instead of aesthetic applications, several market impediments are impeding expansion in the approaching projection period. The high prices of fillers limit expansion and, as a result, market size. The adverse effects of dermal injectables are another key factor limiting the size of the facial injectable business.
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Silica Flour Market Competitive Landscape
The Global Silica flour market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.
Silica Flour Market Top Player's Company Profiles
- U.S. Silica Holdings, Inc. (US)
- SCR-Sibelco N.V. (Belgium)
- AGSCO Corporation (US)
- Adwan Chemical Industries Company (Saudi Arabia)
- International Silica Industries Company Plc (Jordan)
- Sil Industrial Minerals (Canada)
- Premier Silica LLC (US)
- Delmon Group of Companies (Saudi Arabia)
- Opta Minerals Inc. (Canada)
- Hoben International Ltd. (UK)
- Euroquarz GmbH (Germany)
- Fineton Industrial Minerals Ltd. (China)
- Quarzwerke GmbH (Germany)
- Sibelco Nordic AS (Norway)
- Saudi Emirates Pulverization Industries Company (SEPICO) (Saudi Arabia)
- Silica Mining Corporation (South Africa)
- Cairo Fresh for Minerals and Quarries Materials (Egypt)
- MS Industries II, LLC (US)
- Terengganu Silica Consortium Sdn. Bhd. (Malaysia)
- The Quartz Corp (US)
Silica Flour Market Recent Developments
- In June 2022, U.S. Silica Holdings, Inc. Concludes Review of Strategic Alternatives for Industrial & Specialty Products (ISP) Segment.
- In June 2022, US-based energy services company ProFrac has agreed to acquire oilfield service company US Well Services (USWS) in an all-stock transaction.
- In May 2022, SIBELCO entered a partnership with BirdLife, an organization that works towards the conservation of wild birds, their habitats, and global biodiversity.
- In March 2021, SOMEVAM, a subsidiary of the Tunisian Sebri Group, an independent, family-owned, and operated group with interests in agriculture, food processing, and quarrying, announced plans for a significant investment in the development of its second CDE wet processing solution for the production of high-specification silica sand products.
Silica Flour Key Market Trends
- Demand for silica flour is expected to rise as the cosmetics sector expands:Silica flour serves as a natural absorbent in cosmetics. People of all ages utilize skin care products now that they have acquired widespread attention. The need for silica flour has grown recently since silica flour is used to make the majority of skin care products. According to Cosmetics Europe (The Personal Care Association), the global market for cosmetics and personal care products is in Europe, where sales were estimated at EUR 79.8 billion in 2019. Globally, the use of cosmetic items has expanded due to economic growth in developing nations since customers now have more disposable income. This escalating demand for cosmetic products is predicted to drive the market in upcoming years.
Silica Flour Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, in terms of revenue, North America held the largest share of the Silica flour market due to the rising modernization and construction, and rising demand for silica in automotive industries. Additionally, because of an increase in building spending on residential and industrial projects in China and India, the Asia Pacific region is leading the world market for silica flour in terms of consumption. The segment of fiberglass in the application segment is growing at a higher pace due to rising demand in the automotive and transportation sector. Increasing usage of silica in oil well cementing in regions like the Middle East and the Asia Pacific is driving the market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 581.2 million |
| Market size value in 2031 | USD 925.08 million |
| Growth Rate | 5.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Silica Flour Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Silica Flour Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Silica Flour Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Silica Flour Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Silica Flour Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Silica Flour Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Silica Flour Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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