Revenue from the global silicon dioxide market is expected to increase from USD 10.20 billion in 2021 to USD 16.15 billion by 2030, with a startling CAGR of 6.60% from 2022 to 2030.
Silicon Dioxide is abundantly found in the earth’s crust and is formed as a result of the reaction between silica and oxygen. It is also known as silica. Silicon dioxide is found naturally and can be made synthetically also. Because of its ubiquitous nature, the Silicon dioxide is found in various forms as crystalline, amorphous, etc. The most popular crystal form is the quartz, mainly found in Graphite and is a main component of sandstone. There are various industrial applications of the silicon dioxide and the most common use is amorphous silica nanoparticles which predominantly used across different industries due to its peculiar physicochemical properties. It is also used as a primary oxide material in the formation of glass and ceramics.
The Occurrence and functionality of the silicon dioxide is abundant and thus this is itself a major driver of it. There are various applications of the silicon dioxide in many industries. Like in food industry, the most widespread use of silicon dioxide is that of anti-caking agent, due its property to absorb excess moisture and thereby, prevents the sticking of the ingredients together. The major use is in manufacturing of spices, salt and chili powder as it prevents its clumping. Also, owing to the same attributes, silica is also widely used in the Health supplements as it prevents the clumping of the ingredients without interfering with other active ingredients. It can also be used as anti-foaming agent which is used production of beer and wine to remove yeast and protein form it. Owing to other properties as removal of unwanted impurities, protection against diffusion of dopants and high temperature stability, the silicon dioxide used in the manufacturing of the formation of semiconductor, circuit boards, piezoelectric and refractory material among others.
Though, there are certain occupational hazards of the Silicon dioxide too. If exposed directly to the silicon dioxide one may suffer from silicosis, which is a lung disease which is caused due to excessive inhalation of crystalline silica particles over a longer period of time. Thus the Glass manufacture and Mining sector are majorly affected as there is more direct exposure to the silicon dioxide.
The global silicon dioxide market is segmented into several classification including major forms, sources, industry, and applications. Based on the forms the market is segmented into amorphous, crystalline, quartz, tridymite, cristobalite. Furthermore, on the basis of sources the market is categorized by natural and synthetic. Whereas, based on the industry the market is classified into chemical, electrical, pharmaceutical, food & beverages, and others. Moreover, based on the application the market is divided into adhesives & sealants, coatings, food additives, greases, composites, printing & packaging, and others.
Discussing the geographical view, the market is widely range to North America, U.S., Canada, Latin America, Mexico, Brazil, Peru, Chile, Western Europe, Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg, Eastern Europe, Poland, Russia, Aisa-Pacific, China, India, Japan, ASEAN, Australia, New Zealand, Middle East & Africa, GCC, Southern Africa, and North Africa.
Leading players of the global silicon dioxide market includes: Sigma-Aldrich Co. LLC., Alufluor AB, Gelest, Inc., American Elements, Golovach Quartz, Evonik Industries AG, Tosoh Silica Corporation, Kurt J. Lesker Company, Sinosi Group Corporation, Cabot Corporation, and more others.
Silicon Dioxide Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | USD 16.15 billion |
Growth Rate | CAGR of 6.60 % during 2022-2030 |
Segment Covered | by End-Use Industry , Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Aluflor AB, American Elements, Cabot Corporation, Evonik Industries AG, Gelest, Inc., PPG Industries Inc, Solvay AG, Tokuyama Corporation, Tosoh Corporation, Wacker Chemie AG |
Key Segmentation of the Global Silicon Dioxide Market
On the basis of form, silicon dioxide market is segmented into:-
- Amorphous
- Crystalline
- Quartz
- Tridymite
- Cristobalite
On the basis of source, silicon dioxide market is segmented into:-
- Natural
- Synthetic
On the basis of industry, silicon dioxide market is segmented into:-
- Chemical
- Electrical
- Pharmaceutical
- Food & Beverage
- Others
On the basis of application, silicon dioxide market is segmented into:-
- Adhesives and sealants
- Coatings
- Food additives
- Greases
- Composites
- Printing and packaging
- Others
On the basis of geography, silicon dioxide market is segmented into:-
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
What to expect from the upcoming report on ‘Global Carbon Monoxide Market:
- Future prospects and current trends of the global carbon monoxide market by the end of forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing economies
- Supportive initiatives by government likely to influence the market dynamics
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
- In-depth analysis of different market segmentations including regional segmentations, and product types