Press release
Silica Flour Market Size by Key Players: Sil Industrial Minerals, Inc. FINETON Industrial Minerals Ltd., AGSCO Corp., SCR-Sibelco N.V, Hoben International Limited, Adwan Chemical
Global Market Insights, Inc.
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It is used in plastics and mortar as a filler to improve its quality and reduce the tar required for mold filling. It acts as a coarse material in cleansers, skin care products, toothpaste, and paints. It also acts as a grout in some pharmaceutical products. Granulation of silica sand is done into a fine powder and is used in manufacturing the product. It has application in creation of tile, porcelain, earth, and glass. Rapid urbanization along with industrialization is expected to enhance the product market.
Renowned automotive companies such as Mercedes-Benz and BMW AG have begun to penetrate the industrial construction sector, that demand the usage sodium silicate in the form of binders, chemicals, adhesives, detergents, and cement. This will lead to Europe silica flour market generating a significant revenue from sodium silicate applications over the next few years.
Fiberglass is extensively used for the construction of new buildings that are required to comply with regulatory norms pertaining to environmental safety. This is primarily due to the fact that fiberglass helps minimize the heat exchange between the building interiors and exterior surroundings, thereby maintaining the optimized building temperature. Subject to the aforementioned fact, fiberglass is heavily deployed across the constructions sector, which will impel silica flour market from fiberglass applications.
Fiberglass applications accounted for more than 25% of the overall silica flour industry share in 2015 and will grow lucratively over the years ahead. This growth can be primarily attributed to the thermal insulation properties of fiberglass and its ability to enhance vehicle comfort, on grounds of which it is used across the rapidly advancing automotive and renovation sectors.
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Partial Chapter of the Table of Content
Chapter 3. Silica Flour Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor matrix
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Strong outlook for fiberglass from construction industry
3.4.1.2. Increasing adoption of glass in multiple application
3.4.1.3. Flourishing automobile industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Health and environmental hazards
3.5. Growth potential analysis, 2015
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2015
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
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The Asia Pacific region will also witness a massive implementation of glass in the construction and renewable energy sectors, which will positively influence APAC silica flour market. APAC is slated to be one of largest consumers of silica flour, subject to the fact the region is experiencing a massive surge across the automotive, construction, personal care, and packaging sectors. China and India will be the key regions contributing toward the regional APAC silica flour industry.
Prolonged exposure to silica flour is likely to cause slight health hazards, subject to which regulatory organizations across the world have imposed certain restrictions regarding the handling and usage of this product. Leading silica flour market participants are required to follow these regulations with regards to workplace safety. For the reason that these impositions do not act as a restraint to silica flour industry, manufacturers will need to comply with these guidelines, in addition to expanding the application landscape of this market to sustain their business position.
Key silica flour market participants include Sil Industrial Minerals, Inc. FINETON Industrial Minerals Ltd., AGSCO Corp., SCR-Sibelco N.V, Hoben International Limited, Adwan Chemical Industries Ltd., Premier Silica LLC, Opta Minerals Inc, Saudi Emirates Pulverization Industries Co, , U.S. Silica Holdings, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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