Global Silica Fume Market 2018-2022

The global silica fume market size will grow by USD 113.70 million during 2018-2022. This report offers an analysis of the market based on application (construction, marine, oil and gas, and others) and geography (the Americas, APAC, and EMEA). The silica fume market research report further analyzes the market’s competitive landscape and offers information on several companies including DowDuPont, Ferroglobe, Kryton International, Sika, WUHAN NEWREACH MICROSILICA, and XYPEX AUSTRALIA.

Below are some of the key findings from the silica fume market research report

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Global silica fume industry overview

The development in the building and construction sector is one of the primary factors that will trigger the growth of the silica fume market in the coming years. Several emerging countries in APAC such as China, India, Japan, Indonesia, and Malaysia are considered potential markets in terms of infrastructure and development. These emerging markets are constantly competing for the development of high-quality infrastructure. The construction industry in the emerging markets is estimated to grow rapidly as compared with advanced economies.  The growth of the construction industry is expected to positively influence the silica fume market owing to the increased use of silica fumes to produce concrete to enhance its properties. Researchers forecast the silica fume market to register a CAGR of over 4% during the forecast period.

The prevention of chloride and sulfate attacks is one of the key trends gaining traction in the market. Concentrated sulfates and chlorides can damage the cement-based concrete and hence sulfate-resisting Portland cement (SRPC) is used to prevent the damage. SRPC finds its application in marine as they are prone to chloride and sulfate attacks. SRPC is extensively used in the construction of ports and harbors and this factor will positively influence the growth of the silica fume market.

Top silica fume companies covered in this market research report

The silica fume market is moderately concentrated with companies focusing on offering high-quality silica fumes to meet the evolving end-user requirements. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this silica fume industry analysis report is designed to help clients to assess the market potential and form effective business strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

• DowDuPont
• Ferroglobe
• Kryton International
• Sika
• WUHAN NEWREACH MICROSILICA
• XYPEX AUSTRALIA

Silica fume market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The APAC region will account for the highest incremental growth of this market throughout the forecast period. The region is expected to dominate the market shares, owing to the growing construction industry in emerging economies including China, India, Malaysia, and Bhutan.

Silica fume market segmentation based on application

• Construction
• Marine
• Oil and gas
• Others

The construction application segment will account for the highest silica fume market share during the forecast period owing to the increased use of silica fumes with concrete to offer durability and resistance. Additionally, the report will also provide an accurate prediction of the contribution of the various application segments to the growth of the silica fume market size.

Key highlights of the global silica fume market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the silica fume market during the next five years
• Precise estimation of the global silica fume market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the silica fume industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the silica fume companies

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