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Microsilica Market Research Report 2023 - valuates Reports
The global Microsilica market was valued at US$ 165.5 million in 2022 and is anticipated to reach US$ 204.1 million by 2029, witnessing a CAGR of 3.0% during the forecast period 2023-2029.Microsilica Market
Silica fume, also known as micro silica, is an ultrafine powder collected as a by-product of the silicon and ferrosilicon alloy production. Silica fume is an ultrafine material with spherical particles less than μm in diameter, the average being about 0.15 μm. So it also called the ultrafine silica fume.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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Global Microsilica (Silica Fume) includes Elkem and Ferroglobe, etc. Global top two companies hold a share over 35%. Asia Pacific is the largest market, with a share about 35%, followed by Europe and Middle East & Africa with the share about 29% and 18%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Microsilica, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microsilica.
The Microsilica market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Microsilica market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microsilica manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
-Concrete Microsilica
-Refractory Microsilica
Segment by Application
-Densified Silica Fume
-Semi Densified Silica Fume
-Undensified Silica Fume
-Others
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