The market crossed US$ 451.0 million mark in 2022 and is expected to hit US$ 609.0 million by 2030, recording a CAGR of 3.8% during the forecast period.
Increasing silica flour’s usage as an abrasive additive in cosmetics to drive market growth
Increasing silica flour’s usage as abrasive materials in cosmetic and skincare products is expected to drive the silica flour’s demand globally. Furthermore, rising demand for the silica flour materials in producing various personal care and personal hygiene products such as soaps, toothpastes, etc. is likely to favor the silica flour market growth globally. Also, increasing silica flour’s usage as an additive in producing ceramic bodies and clays is anticipated to support the product demand worldwide.
Within the report, the market is segmented into type, application, and geography. By type, the market is further segmented into quartz and cristobalite. On the basis of application, the market is bifurcated into paints & coatings, glass, polymers, ceramics, rubbers, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Increasing popularity of the silica flour-based glazing products to offer futuristic market growth opportunities
Silica flour is mainly produced from fine grinding of crystalline silica rocks. Silica flours are extensively used in producing value added glazing products for the architectural and constructional sectors. Hence, increasing popularity of the silica flour-based glazing products is likely to offer new market growth opportunities. In addition, rising silica flour’s usage in building and construction industries is anticipated to support the product demand worldwide. Manufacturers focus on building the manufacturing capacity of the mined silica flours to increase their product reach globally. These manufacturers’ efforts could offer futuristic opportunities for the global silica flour market growth.
Rising silica flour’s usage in various manufacturing areas to favor market growth
Silica flour is extensively used in producing paints & coatings, glasses, polymers, ceramics, rubbers, and others. Increasing silica flour’s usage as a low-cost extender in paints and coatings is expected to favor the market growth. In addition, increasing building and construction industries demand for producing silica flour-based glazed glasses is likely to increase the silica flour’s demand globally. Increasing silica flour’s demand for other application areas such as polymers, rubbers, and others is anticipated to accelerate the growth of the market.
Recent strategic developments in silica flour market
The silica flour market has undergone several significant developments, and a few of these have been mentioned below:
The silica flour market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. US silica holdings, Inc., AGSCO Corp., Sibelco, Fineton Development Limited., Sil Industrial Minerals are among the prominent players operating in the market.
Target audience for the report:
Scope of the report:
In this report, the market has been segmented on the basis of:
The List of Companies
- US silica holdings, Inc.
- AGSCO Corp.
- Sibelco
- Fineton Development Limited.
- Sil Industrial Minerals