Industrial silica is used in a vast array of industries, the main ones being the glass, foundries, construction, ceramics, and the chemical industry. Silica in its finest form is also used as functional filler for paints, plastics, rubber, and silica sand is used in water filtration and agriculture. Industrial sand is the main component in chemicals such as sodium silicate, silicon tetrachloride, and silicon gels.
MARKET DYNAMICS
The industrial silica market has witnessed significant growth due to the growing demand from chemical industry. Moreover, growing automotive industry, coupled with the recovery of the construction sector provides a huge market opportunity for the key players operating in the industrial silica market. However, research and development activities are projected to hamper the overall growth of the industrial silica market in the forecast period.
MARKET SCOPE
The "Global Industrial Silica Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial silica market with detailed market segmentation application., and geography. The global industrial silica market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial silica market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global industrial silica market is segmented on the basis of application. On the basis of application, the global industrial silica market is divided into glass, foundries, construction, ceramics, and chemical industry.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial silica market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial silica market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the industrial silica market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial silica market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial silica market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as material type launches, material type approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from industrial silica market is anticipated to lucrative growth opportunities in the future with the rising demand for industrial silica in the global market. Below mentioned is the list of few companies engaged in the industrial silica market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the industrial silica market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Evonik Industries
- PPG Industries
- Wacker Chemie AG
- AkzoNobel N.V.
- Tosoh Corporation
- Cabot Corporation
- Solvay SA
- Goodyear Tire & Rubber
- Yihai Food and Oil Industry
- Imerys SA
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.