Silica Flour Market 2018 Top Key Players -Silica Holdings, Inc., Premier Silica LLC, and SCR-Sibelco N.V. Prominent producers are AGSCO Corp, Delmon Group of Co., FINETON Industrial Minerals Ltd.

Silica Flour Market Size, By Application, 2013-2024

(EstateNewsWire.com, August 06, 2018 ) Emerging economies across the world are witnessing a slew of construction projects in residential & commercial sectors. Silica Flour Market is projected to experience a significant upswing subject to this very factor. Silica flour is basically obtained by grinding quartz sand that contains high silicon dioxide content, in vibration mills.

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The ground material comprises very small particles, which is obtained through air separators driven by strong rotors. Silica flour industry is anticipated to witness a y-o-y growth of 7% over 2016-2024, owing to the usage of this product in glass and flouring applications. A report by Global Market Insights, Inc., states that silica flour market size, having had a valuation of USD 350 million in 2015, is expected to cross a revenue of USD 650 million by 2024, primarily augmented by the rising demand for high quality and durable glass across the thriving construction sector.

Silica flour is used to manufacture sodium silicate that is used as a chemical, catalyst base, binder, detergent, zeolite, deflocculate, anticorrosive, adhesive, coagulant aid, and cement, subject to its highly beneficial chemical and physical properties and reasonable cost. Silica flour industry from sodium silicate applications is set to observe a CAGR of 6% over 2016-2024, owing to its extensive usage across myriad industrial sectors.

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Of late, automotive companies such as Mercedes-Benz, Volkswagen AG, BMW AG, Audi AG, and Porsche AG are venturing into construction and infrastructural development. This has paved the way for a heavy consumption of sodium silicate, which will further augment silica market share from sodium silicate.

Market share calculation in this report is not done based on companies covered in it. The calculation of Silica Flour market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

The rapidly growing construction sector in APAC region will lead to the growth of silica flour industry in the region. China and India are the leading contributors toward APAC silica flour market, given that the construction and automotive sectors of these countries are witnessing an upsurge.

Constant exposure to silica flour may cause harm, owing to which global regulatory organizations have mandated stringent norms regarding its usage. Industry players need to be aware of this issue and implement safety procedures at worksites to avoid workplace hazards and fatalities due to excessive product usage.

Global Market Insights, Inc.

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