Global Silicon Dioxide Marketis forecast to reach USD 11.49 Billion by 2027, according to a new report by Reports and Data. Global Silicon Dioxide is commonly known as Silica and is found abundantly on Earth's crust. It is present in natural as well as synthetic form. The most common form of the market product is Quartz. It is found in granite and is also one of the main components of sandstone.
Abundant supply of Global Silicon Dioxide is a major driving factor for the market. The physical and chemical properties of Global Silicon Dioxide contributes to the versatility of this compound in a variety of commercial applications. Global Silicon Dioxide has a broad range of usage, including viscosity control agents in paints, inks, coatings, and corrosion-resistance, among others, and as excipients in cosmetics and pharmaceuticals.
Global Silicon Dioxide is found naturally in many plants, like bell peppers, leafy green vegetables, brown rice, beets, oats, and alfalfa, among others. The herb horsetail also provides a rich natural source of Global Silicon Dioxide. It was traditionally used by herbalists for healthy nails, skin, and hair. There are some forms of algae that contain considerable levels of absorbable silica and can be used in the preparation of silicon supplements.
The Asia Pacific region is capitalizing on the ample growth opportunity of new product portfolio derived from Global Silicon Dioxide. Due to the availability of resources and investment platforms, APAC is expected to spur the market growth of Global Silicon Dioxide.
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Major Companies Operating in the industry and profiled in the report are:
Cabot Corporation, American Elements, Solvay, Tokuyama Corporation, Gelest Inc., Tosoh Corporation, Wacker Chemie AG, Sigma-Aldrich Co. LLC, Golovach Quartz, and Sinosi Group Corporation, among others.
Further key findings from the report suggest:
Global Silicon Dioxide is commonly used in the food industry. It is used as an anti-caking agent, as it has the property to absorb excess of moisture, and prevents the stocking of the ingredients together. This makes it ideal for application in the manufacturing of salt, spices, and chili powder, among others. It can also be used as an anti-foaming agent, which is used for the production of wine and beer to remove yeast and protein from it.
Quartz is the most widely distributed abundantly found mineral found at Earth's surface. It is very hard in nature, which makes it very durable. The mineral is chemically inert when in contact with most of the substances. It has heat resistance and electrical properties that make it highly applicable in electronic products.
Quartz sand is used in the production of flat plate glass, container glass, specialty glass, and fiberglass. Its color, luster, and diaphaneity make it useful as a gemstone and also in the manufacture of glass.
North America held the major market share in the Global Silicon Dioxide market. The robust technological development, coupled with the applicability of Global Silicon Dioxide across various industries, is augmenting the growth of the market.
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Major factors driving revenue growth of the global materials chemicals industry are rise in global population, tremendous increase in demand for essential consumer products such as food beverages, cosmetics, and personal care hygiene products, and extensive use of chemicals and raw materials in industries including buildings construction, automotive, agriculture, textiles, packaging, electronics, and several other industries. Other major factors bolstering market revenue growth are increasing focus of manufacturers on using eco-friendly and sustainable materials chemicals for reduced environmental impact, introduction of organic and highly sustainable chemicals, and increasing demand for high-performance agrochemicals and specialty chemicals.
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Form Outlook
Amorphous
Quartz
Crystalline
Cristobalite
Tridymite
Application Outlook
Adhesives and Sealants
Food Additives
Composites
Coatings
Greases
Printing and Packaging
The regional analysis covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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