The oxide of silicon with the chemical formula SiO2 is available abundantly in the natural form and mostly identified in the quartz form. Silicon dioxide is found naturally in plants, animals, rocks and about 59 percent of earth's crust is made up of silica. The addition of silicon dioxide in food avoids clumping and acts as an anticaking agent. Silicon dioxide is used in structural elements as an electrical insulator and also as an additive in the pharmaceutical industries.
MARKET DYNAMICS
The silicon dioxide market is projected to grow in the forecast considering the ample availability of natural silicon dioxide. The swelling demand for silicon wafers in the electrical industry and the rising demand for the application of silicon dioxide in the construction sector has boosted the growth of the silicon dioxide market. However, the availability of substitutes for silicon dioxide restrict the growth of the silicon dioxide market. On the other h and , the application of silicon dioxide in optical fibers is likely to showcase growth opportunities for the silicon dioxide market during the forecast period.
MARKET SCOPE
The "Global Silicon Dioxide 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 silicon dioxide market with detailed market segmentation by form, end-use industry, and geography. The global silicon dioxide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading silicon dioxide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global silicon dioxide market is segmented on the basis of form, and end-use industry. Based on form, the market is segmented as amorphous, quartz, cristobalite, coesite, tridymite, kiatite, and others. On the basis of end-use industry, the market is segmented as chemical, electrical, pharmaceutical, food & beverage, glass & ceramics, building material, and others.
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 silicon dioxide 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 & Central America. The silicon dioxide 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 silicon dioxide 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 & Central America after evaluating political, economic, social and technological factors affecting the silicon dioxide market in these regions.
MARKET PLAYERS
The reports cover key developments in the silicon dioxide market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product 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 the way for the expansion of business and customer base of market players. The market payers from silicon dioxide market are anticipated to lucrative growth opportunities in the future with the rising demand for silicon dioxide in the global market. Below mentioned is the list of few companies engaged in the silicon dioxide market.
The report also includes the profiles of key silicon dioxide companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Aluflor AB
- American Elements
- Cabot Corporation
- Evonik Industries AG
- Gelest, Inc.
- PPG Industries Inc
- Solvay AG
- Tokuyama Corporation
- Tosoh Corporation
- Wacker Chemie AG