Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Silica Market size was valued at US$ 598.7 million in 2023 and is poised to grow at a 6.2% CAGR from 2024 to 2030. Silica is an oxide of silicon, viz., silicon dioxide, and is generally colorless to white and insoluble in water. When associated with metals or minerals the family of silicates is formed. Precipitated silicas have been used extensively in many rubber applications, much more than fumed silica. In the rubber industry, the use of fumed silicas is limited due to expense, mainly being used as reinforcing fillers for silicon rubbers.
Silica is used in many applications such as building and construction, glass manufacturing, water treatment, and oil & and gas, according to forms type fumed silica is mostly used in the pharmaceutical industry which drives the silica market. Increasing demand for fumed silica in paint and coatings. Furthermore, fused silica use in manufacturing optical parts such as lenses mirrors, and UV and IR transmitting optics results in higher demand for silica in the future which results to create new demands in the market. Government and associations have provided numerous regulations for the standard usage of silica in the products, silica is classified as hazardous material, and therefore under Chapter 4 of the Hazardous Substances, the employer has a legal duty to eliminate silica poison and control the risk which is the major challenges in the silica market. silica.
Study Period
2024-2030Base Year
2023CAGR
6.2%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increasing application in building and construction, glass manufacturing across the world is the major market driver in the Silica Market during the forecast period. Silica is later classified according to usage; fumed silica is mainly used for the manufacturing of paints and coatings, fused silica has transparent properties and is used for the preparation of lenses, mirror, and other optics, whereas colloidal silica is used in bandages and dressings to treat burns, various usage of silica increases the demand. Hence, this will drive the global market growth at a significant rate.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 598.7 million |
Market CAGR |
6.2% |
By Form |
|
By End User |
|
By Region |
|
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The silica market size is expected to be valued at US$ 598.7 million in 2023, growing at a 6.2% CAGR from 2024 to 2030
The leading players in the silica market are; Elkem ASA, Evonik Industries AG, Nouryon, PPG Industries, Inc., PQ Corporation, Saint-Gobain, Solvay, U.S. Silica, W. R. Grace & Co.-Conn, Wacker Chemie AG, Cabot corporation, Tokuyama corporation, and Applied material solutions
Historic years considered for the market study are 2019 through 2023, 2023 is considered as the base year for market estimation and the forecast presented from 2024 to 2030.
1.Executive Summary |
2.Global Silica Market Introduction |
2.1.Global Silica Market - Taxonomy |
2.2.Global Silica Market - Definitions |
2.2.1.Form |
2.2.2.End User |
2.2.3.Geography |
2.2.4.Region |
3.Global Silica Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Silica Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Silica Market By Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Precipitated Silica |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Fused Silica |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Silica Gel |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Colloidal Silica |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6.Global Silica Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Building and Construction |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Glass Manufacturing |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Water-Treatment |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Oil & Gas |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7.Global Silica Market By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. The Asia Pacific |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. MEA |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.Global Silica Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Silica Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Precipitated Silica |
9.1.2.Fused Silica |
9.1.3.Silica Gel |
9.1.4.Colloidal Silica |
9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Building and Construction |
9.2.2.Glass Manufacturing |
9.2.3.Water-Treatment |
9.2.4.Oil & Gas |
9.2.5.Others |
9.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.North America |
9.3.2.Europe |
9.3.3.The Asia Pacific |
9.3.4.Latin America |
9.3.5.MEA |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Silica Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Precipitated Silica |
10.1.2.Fused Silica |
10.1.3.Silica Gel |
10.1.4.Colloidal Silica |
10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Building and Construction |
10.2.2.Glass Manufacturing |
10.2.3.Water-Treatment |
10.2.4.Oil & Gas |
10.2.5.Others |
10.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.North America |
10.3.2.Europe |
10.3.3.The Asia Pacific |
10.3.4.Latin America |
10.3.5.MEA |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Silica Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Precipitated Silica |
11.1.2.Fused Silica |
11.1.3.Silica Gel |
11.1.4.Colloidal Silica |
11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Building and Construction |
11.2.2.Glass Manufacturing |
11.2.3.Water-Treatment |
11.2.4.Oil & Gas |
11.2.5.Others |
11.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.North America |
11.3.2.Europe |
11.3.3.The Asia Pacific |
11.3.4.Latin America |
11.3.5.MEA |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Silica Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Precipitated Silica |
12.1.2.Fused Silica |
12.1.3.Silica Gel |
12.1.4.Colloidal Silica |
12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Building and Construction |
12.2.2.Glass Manufacturing |
12.2.3.Water-Treatment |
12.2.4.Oil & Gas |
12.2.5.Others |
12.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.North America |
12.3.2.Europe |
12.3.3.The Asia Pacific |
12.3.4.Latin America |
12.3.5.MEA |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Silica Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Form Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Precipitated Silica |
13.1.2.Fused Silica |
13.1.3.Silica Gel |
13.1.4.Colloidal Silica |
13.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Building and Construction |
13.2.2.Glass Manufacturing |
13.2.3.Water-Treatment |
13.2.4.Oil & Gas |
13.2.5.Others |
13.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.North America |
13.3.2.Europe |
13.3.3.The Asia Pacific |
13.3.4.Latin America |
13.3.5.MEA |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Elkem ASA |
14.2.2.Evonik Industries AG |
14.2.3.Nouryon |
14.2.4.PPG Industries, Inc. |
14.2.5.PQ Corporation |
14.2.6.Saint-Gobain |
14.2.7.Solvay |
14.2.8.S. Silica |
14.2.9.R. Grace & Co.-Conn. |
14.2.10.Wacker Chemie AG |
14.2.11.Cabot corporation |
14.2.12.Tokuyama corporation |
14.2.13.Applied material solutions |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players