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Industrial Silica Market Trend Evaluation & Future Forecast during the Period 2017-2025

May 14th 2019 at 4:10 AM

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Industrial Silica Market Trend Evaluation & Future Forecast during the Period 2017-2025”. The fact-based research report on the global Industrial Silica market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

Demand for fiberglass is high, due to its excellent functional and mechanical properties such as low weight and resistance to corrosion and heat. Thus, these resins are used in a wide range of end-user industries such as automotive. Usage of fiberglass in wind turbines is the fastest-growing application segment due to high demand for renewable energy and fast installation rate of wind turbines across the globe. Besides this, the fiberglass industry in China obtains subsidies from the government, enabling it to export fiberglass at a low cost to Europe and North America. Therefore, rising demand for industrial silica from fiberglass application is expected to drive the industrial silica market during the forecast period. Oil well cementing is one of the key operations in the oil & gas industry. A blend of amorphous, spherical, micro-silica in combination with industrial silica provides higher temperature sustainability. The blended mixture increases temperature resistance to a large extent. Therefore, rising demand for high temperature cementing in oil wells is anticipated to provide lucrative opportunities for the industrial Silica market during the forecast period.

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This study analyzes, estimates, and forecasts the global industrial silica market in terms of volume (Kilo tons) and revenue (US$ Mn) from 2016 to 2025. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period. The report provides a detailed view of the industrial silica market based on applications. Key applications included in the report are sodium silicate, fiberglass, cultured marble, additive, reinforcing filler, foundry work, ceramic frits & glaze, oilwell cements, glass & clay production, and others (pharmaceutical, etc.). Furthermore, the report segments the market based on key geographies such as North America (the U.S., Canada), Europe (France, Germany, Italy, U.K, Rest of Europe), Asia Pacific (China, Japan, ASEAN, Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East and Africa (GCC, South Africa, Rest of Middle East & Africa). It also provides market volume and revenue for each application under every regional segment. The industrial silica market is further analyzed into major countries of each region.

Primary research represents the bulk of our research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases. Other sources include national government documents, statistical databases, and market reports, news articles, and press releases and webcasts specific to the companies operating in the market.

Global Industrial Silica Market: Market Segmentation

Based on applications and countries, the report analyzes the attractiveness of each segment with the help of an attractiveness tool. The study includes value chain analysis, which provides a better understanding of key players in the supply chain (from raw material manufacturers to end-users). Additionally, the study analyzes market competition and industry players using Porter’s five forces analysis.

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The report includes an overview of the market share of key companies in the global industrial silica market. Key players profiled in the industrial silica study include Premier Silica LLC, International Silica Industries Company PLC, U.S. Silica Holdings Inc., Sil Industrial Minerals Inc., Adwan Chemical Industries Co. Ltd, Delmon Group of Companies, Opta Minerals Inc., Al Marbaie Est., Saudi Emirates Pulverization Industries Company, Short Mountain Silica, AGSCO Corporation, Al-Rushaid Group, and FINETON Industrial Minerals Limited.

The report segments the global industrial silica market into:

Industrial Silica Market – By Application

Sodium Silicate

Fiberglass

Cultured Marble

Additive (Paints, etc.)

Reinforcing filler (plastics, rubber, etc.)

Foundry work (metal alloy, etc.)

Ceramic frits & glaze

Oilwell Cement

Glass & Clay Production

Others (Pharmaceutical)

Industrial Silica Market – Regional Analysis

North America

U.S.

Canada

Europe

France

U.K.

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

ASEAN

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa

GCC

South Africa

Rest of Middle East and Africa

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