실리카 분말 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 최종 이용 산업별, 지역별 - 산업 예측(2024-2031년)

Global Silica Flour Market size was valued at USD 581.2 million in 2022 and is poised to grow from USD 612.00 million in 2023 to USD 925.08 million by 2031, growing at a CAGR of 5.3% during the forecast period (2024-2031).

The silica flour market is experiencing rapid growth, driven by its versatile applications across various industrial and commercial sectors. Silica flour is a finely milled form of silicon dioxide that serves multiple functions, such as a filler or abrasive in products ranging from cosmetics to pharmaceuticals, including breast implants, where its high purity and heat resistance are essential. The increasing demand for oil and gas, particularly in regions like the U.S., Russia, and India, places silica flour in a favorable position due to its utilization in oil well cementing processes; this is particularly beneficial for Middle Eastern countries, including Iran, Kuwait, and Saudi Arabia, that rely heavily on oil economies. Additionally, the fiberglass production, integral to the automotive and construction industries, predominantly occurs in North America and Asia Pacific, fueled by heightened modernization and rising electricity demands. However, while the prospects for silica flour are robust, the market faces challenges related to health risks. Exposure to siliceous particles can lead to severe pulmonary diseases, impacting an estimated 2.5 million workers globally. This health concern poses a potential hindrance to market growth. Nonetheless, technological advancements and modernization are expected to continue driving the silica flour market forward, despite the inherent risks associated with its use.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Silica Flour market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Silica Flour Market Segmental Analysis

Global Silica Flour Market is segmented by type, application, end use industry and region. Based on type, the market is segmented into quartz (natural quartz, synthetic quartz) and cristobalite (natural cristobalite, synthetic cristobalite). Based on application, the market is segmented into fiberglass (insulation, reinforcement), foundry (molding sands, core sands), glass & clay (glass manufacturing, ceramic manufacturing), oil well cement (drilling fluids, cementing), ceramic & refractory (refractory bricks, ceramic tiles) and others (paints & coatings, rubber & plastics). Based on end use industry, the market is segmented into construction (infrastructure, residential, commercial), oil & gas (exploration, production), automotive (manufacturing, maintenance), chemicals (chemical synthesis, industrial processes) and others (electronics, pharmaceuticals). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Driver of the Global Silica Flour Market

The Global Silica Flour Market is primarily driven by the increasing use of ceramics in construction, fueled by rising consumer spending due to a growing global population and improving living standards. As individuals seek unique building materials for their homes, ceramics have gained significant traction in the industry, appearing in various forms such as tiles, sanitary ware, countertops, and more. Grounded silica is crucial in the production of these materials, aiding in the formation of glazes and clay bodies by facilitating the melting processes necessary for high-temperature applications. Furthermore, the demand for silica flour in oil well cementing is rising, driven by the expanding oil industry and the need for enhanced mechanical strength and permeability in cement. This growing reliance on silica flour in both construction and oil industries signals a promising market outlook in the upcoming years.

Restraints in the Global Silica Flour Market

The global silica flour market faces significant constraints primarily due to stringent government regulations regarding its use. Silica is classified as a hazardous material, leading to compliance mandates outlined in the 2017 Occupational Health and Safety Regulations. These regulations impose strict obligations on employers to recognize and mitigate risks, provide necessary training, monitor workplace conditions, and oversee employee health, particularly concerning crystalline silica forms like quartz, cristobalite, and tridymite, as updated by SafeWork Australia. Consequently, these regulations demand innovative safety measures, which may adversely affect profit margins and hinder market growth. Additional challenges include skin-related issues and the high costs associated with silica fillers, which further restrict market expansion opportunities. Overall, the combination of regulatory pressures and safety concerns limits the market's potential for growth.

Market Trends of the Global Silica Flour Market

The global silica flour market is witnessing a notable upward trend driven by the growing demand from the cosmetics sector, which increasingly incorporates silica flour for its multifunctional properties, including enhancing texture and oil absorption. As consumer preferences shift towards natural and high-performance beauty products, manufacturers are leveraging silica flour for both formulation stability and performance enhancement. Additionally, the rise of eco-friendly and sustainable formulations further propels its usage in cosmetic applications. This growth is complemented by increased construction activities where silica flour is utilized in various materials, indicating a broadening application spectrum that positions the market favorably for future expansion.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Driver & Opportunities
  • Restraints & Challenges
• Porters Analysis & Impact
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies

Global Silica Flour Market Size by Type & CAGR (2024-2031)

• Market Overview
• Quartz
  • Natural Quartz
  • Synthetic Quartz
• Cristobalite
  • Natural Cristobalite
  • Synthetic Cristobalite

Global Silica Flour Market Size by Application & CAGR (2024-2031)

• Market Overview
• Fiberglass
  • Insulation
  • Reinforcement
• Foundry
  • Molding Sands
  • Core Sands
• Glass & Clay
  • Glass Manufacturing
  • Ceramic Manufacturing
• Oil Well Cement
  • Drilling Fluids
  • Cementing
• Ceramic & Refractory
  • Refractory Bricks
  • Ceramic Tiles
• Others
  • Paints & Coatings
  • Rubber & Plastics

Global Silica Flour Market Size by End Use Industry & CAGR (2024-2031)

• Market Overview
• Construction
  • Infrastructure
  • Residential
  • Commercial
• Oil & Gas
  • Exploration
  • Production
• Automotive
  • Manufacturing
  • Maintenance
• Chemicals
  • Chemical Synthesis
  • Industrial Processes
• Others
  • Electronics
  • Pharmaceuticals

Global Silica Flour Market Size & CAGR (2024-2031)

• North America, (Type, Application, End Use Industry)
  • US
  • Canada
• Europe, (Type, Application, End Use Industry)
  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe
• Asia-Pacific, (Type, Application, End Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America, (Type, Application, End Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa, (Type, Application, End Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• U.S. Silica Holdings, Inc. (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SCR-Sibelco N.V. (Belgium)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• AGSCO Corporation (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Adwan Chemical Industries Company (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• International Silica Industries Company Plc (Jordan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sil Industrial Minerals (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Premier Silica LLC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Delmon Group of Companies (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Opta Minerals Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hoben International Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Euroquarz GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Fineton Industrial Minerals Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Quarzwerke GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sibelco Nordic AS (Norway)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Saudi Emirates Pulverization Industries Company (SEPICO) (Saudi Arabia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Silica Mining Corporation (South Africa)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cairo Fresh for Minerals and Quarries Materials (Egypt)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MS Industries II, LLC (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Terengganu Silica Consortium Sdn. Bhd. (Malaysia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Quartz Corp (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendation