Silicon Dioxide Market Overview:
The Global Silicon Dioxide Market is estimated to be valued at USD 13,725.3 Mn by the end of 2023 and record a CAGR of 6.60% during the forecast period.
Silicon Dioxide Market Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the global silicon dioxide market;
- Evonik Industries AG (Germany)
- PPG Industries, Inc (US)
- Cabot Corporation (US)
- Solvay (Belgium)
- American Elements (US)
- Wacker Chemie AG (Germany)
- Tokuyama Corporation (Japan)
- Tosoh Corporation (Japan)
- Gelest, Inc (US)
- Aluflor AB (Sweden)
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Silicon Dioxide Market Segmental Analysis:
According to MRFR analysis, the global silicon dioxide market has been segmented based on form, purity, application, end-use industry and region.
On the basis of end-use industry, the building & construction segment held the largest market share of around 35% in 2018.
Based on purity, the less than 99% purity segment held the largest market share in 2018 owing to its large-scale consumption for building & construction application. The segment is expected to grow at a CAGR of around 6% during the forecast period.
By application, the building material segment is estimated to be the largest application segment in 2018 and is projected to register a CAGR of around 5.5% during the forecast period.
Silicon Dioxide Market Regional Analysis:
Geographically, the global silicon dioxide market has been divided into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. As per MRFR analysis, the Asia Pacific market was the dominant regional market, accounting for the largest share of around 48 % in 2018 and is expected to register a healthy CAGR during the forecast period. Asia-Pacific is followed by Europe, which accounted for the second-largest share of the global silicon dioxide market in 2018. The North American market is expected to exhibit the second largest CAGR of over 6 % during the forecast period.
Silicon Dioxide Market Table of Content to be Continue……,
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