The global silicon dioxide market, during the forecast period 2016 to 2030, will register growth at a CAGR of 6.60%. The market for silicon dioxide is set to reach US$13,725.3 million by 2030. As per silicon dioxide market analysts, the global market is anticipated to witness growth owing to the factors such as high functionality of silicon dioxide as well as expansive application areas of silicon dioxide. However, the silicon dioxide market will face challenges and restraints due to availability of alternatives and availability of lower-priced substitutes during the forecast period 2016 to 2030.
The emergence of micro-optical coherence tomography in the silicon dioxide market Trend is set to play a key role in determining the growth potential during 2016 to 2030years. Analysts have also studied the silicon dioxide market to understand potential threats and challenges the silicon dioxide market companies could face. Although the silicon dioxide market is poised to grow at a fast pace across form, purity, end-use industry, and applications segments, factors such as occupational hazards could slow down the silicon dioxide market's growth worldwide.
The market has been segmented into form, purity, end-use industry, and applications. Based on the segment which is applications, the market is categorized on the basis of building materials, adhesives & sealants, food & pharmaceutical additives, glass & ceramics, paints & coatings, and silicon wafers. The global market for silicon dioxide share is further segmented based on form into amorphous, coesite, cristobalite, keating, quartz, tridymite. Furthermore, the market, on the basis of purity is segmented into 2N (99%), 2N5 (99.5%), 3N (99.9%), 3N5 (99.95%), 4N (99.99%), 5N (99.999%), and Less Than 99% Purity. Based on the segment which is the end-use industry, the market is categorized on the basis of building & construction, chemical, electricals & electronics, food & beverages, and healthcare.
The global silicon dioxide market research report covers all the aspects of the market based on the segmental analysis of these form, purity, end-use industry, and applications segments. Analysts have also studied the global silicon dioxide market's regional markets spread across many continents and countries. The form, purity, end-use industry, and applications segments along with their sub-segments have been analyzed and companies functioning in the silicon dioxide market across these segments are profiled and analyzed based on input and feedback from silicon dioxide market based decision makers as well as primary and secondary sources. The silicon dioxide market research report presents analysis based information for companies functioning in the silicon dioxide market.
End-users increasingly opting for substitutes may hinder the silicon dioxide market growth. The market research report suggests that companies in the market could be supported by the rapid expansion of the tire manufacturing sector as well as the robust sales of passenger vehicles during the forecast period. The silicon dioxide industry is set to register growth at a high CAGR owing to these key factors. The silicon dioxide market share is spread across North America, Europe, Asia-Pacific, and other parts of the world. The global silicon dioxide market research report reveals that APAC, North America, and Europe regional silicon dioxide markets will dominate the global market for silicon dioxide during the forecast period 2016 to 2030. As per silicon dioxide market analysts, the market is set to witness tremendous growth across building material and building & construction segments in North America which covers silicon dioxide markets across the United States, Canada, Mexico and several other regional markets. Companies active in the silicon dioxide market are also analyzed and studied in the silicon dioxide market research report.
The silicon dioxide industry for Europe covers smaller market segments of Germany, Italy, France, and the United Kingdom. Additionally, the silicon dioxide market research report covers the Asia-Pacific region covering silicon dioxide markets from India, China, Japan, Australia, and others. The silicon dioxide market is also spread across the rest of the world. The silicon dioxide market report covers all such regions including the Middle East, Africa, Brazil, and others.
Silicon Dioxide has seen increased demand over the years, due to increase in domestic manufacturing and the growing demand for tires in APAC. Companies functioning in the global silicon dioxide market are also being challenged due to hazards associated with silicon dioxide and silicon dioxide side effects. Mergers and acquisitions by silicon dioxide market companies are anticipated to help the market during the forecast period 2016 to 2030. As the silicon dioxide market is set to register a high CAGR of 6.60% and is also anticipated to reach a US$13,725.3 million by 2030, the report highlights key areas companies need to focus on. The report suggests that the silicon dioxide market will see a healthy growth in the long run till 2030. Based on SWOT analysis and silicon dioxide market’s analysis based on Porters’ Five Force Model presented in the silicon dioxide market report. Mergers and acquisitions by silicon dioxide market companies are anticipated to help the market during the forecast period 2016 to 2030.
Market Research Future (MRFR) recognizes the following companies as the key players in the global silicon dioxide market: Evonik Industries AG (Germany), PPG Industries, Inc (US), Cabot Corporation (US), Solvay (Belgium), American Elements (US), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), Tosoh Corporation (Japan), Gelest, Inc (US) and Aluflor AB (Sweden).
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