We use cookies for a better user experience. Read our Privacy Policy

I Agree

Growing Foundry Applications and Demand for Fiberglass Propels the Growth of Global Industrial Silica Market

Chemicals And Materials |

A recent report by Transparency Market Research states that the global industrial silica market is set to experience a substantial  growth in the from 2017 to 2025. The growth of the market is attributed to growth in the manufacturing of cement, concrete, and glass across the globe. These products have widespread applications in sectors such as construction, building, and various other domestic applications. Due to growing demand for these products in construction sector the global industrial silica market. Due to these demands, the global industrial silica market shall witness 6.6% CAGR from 2017 to 2025, says the report. Also, as per the report the market shall reach to the value of US$ 32.98 bn by the 2025.

Fiberglass Segment Remains Dominant

Based on Application the global industrial silica market is segmented into fiberglass, Sodium Silicate, Additive, reinforced fillers. Of these applications, the fiberglass segment accounts for more than 25% of total market share. This makes the segments as the dominant segment in the global industrial silica market. The dominance of the segment is the result of the growing demand for multipurpose glass in various business applications. Some of the examples are bullet proof glasses, mold for various product manufacturing etc. Due to these applications, the global industrial silica market shall witness the projected growth from 2017 to 2025.

industrial silica market

Growing Foundry Industry Boosts the Market

From Building to airplanes, to windshields, foundry industry and fiberglass have widespread applications. These applications are growing with passing time. With the advancements in these applications the global industrial silica market is experiencing major boost these days. Additionally, production of custom glass articles for the customers is also a major reason for the growth of global industrial silica market from 2017 to 2025.

Fragmented Nature calls for Effective Measures

The global industrial silica market is highly competitive and fragmented. There are several players that are currently controlling the dynamics of the market. This poses a tough challenge for the new comers. To withstand these challenges, the players are merging and partnering with established players. This allows them to bag essential resources that can ensure their sustainability in the global industrial silica market.

On the flip side, the veterans are acquiring several businesses to maintain their dominance in the global industrial silica market. This strategy allows the players to expand their production and distribution which provides them a competitive edge over their rivals.

Asia Pacific to Emerge as Dominant Region

Based on the presence of various big shot customers and easily available raw materials, the businesses across the globe are focusing their attention towards Asia Pacific. This in turn will project the region the most dominant region in global industrial silica market from 2017 to 2025.

The global industrial silica market is segmented on the basis of:

  • Application
    • Sodium Silicate
    • Fiberglass
    • Cultured Marble
    • Additive
    • Reinforcing filler
    • Foundry work
    • Ceramic frits & glaze
    • Oilwell Cement
    • Glass & Clay Production
    • Others
  • Region
    • North America
    • South America
    • Europe
    • Asia Pacific
    • Middle East and Africa

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


Transparency Market Research
State Tower,
90 State Street,
Suite 700
Albany NY - 12207United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Copyright © Transparency Market Research, Inc. All Rights reserved