Lucintel Forecasts the Global Silica Flour Market to Reach $0.6 billion by 2030
Lucintel Forecasts the Global Silica Flour Market to Reach $0.6 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global silica flour market looks promising with opportunities in the fiberglass, foundry, glass & clay, ceramic & refractory, and oil well cement markets. The global silica flour market is expected to reach an estimated $0.6 billion by 2030 from $0.5 billion in 2024, at a CAGR of 3.0% from 2024 to 2030. The major drivers for this market are growing demand for silica flour for oil well cementing and silica flour preferred as a good refractory material.
A more than 150-page report to understand trends, opportunity and forecast in silica flour market to 2030 by type (quartz and cristobalite), end use (fiberglass, foundry, glass & clay, ceramic & refractory, oil well cement, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, quartz is expected to witness the highest growth over the forecast period due to hardness, high density, and high chemical resistance.
Within the end use category, fiberglass will remain the largest segment due to high strength and low weight.
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Asia Pacific is expected to witness highest growth over the forecast period due to growing demand for iron and steel across a range of end markets, including the industrial, infrastructural, automotive, and others.
Fineton Industrial Mineral, Sibelco, Capital Sand Company, Hoben International, AGSCOare the major suppliers in the silica flour market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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