Global Ultrafine Silica Fume Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ultrafine Silica Fume Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Ultrafine silica fume, also known as microsilica, is an amorphous (non-crystalline) polymorph of silicon dioxide, silica. It is an ultrafine powder collected as a by-product during silicon and ferrosilicon alloy production. Silica fume is an ultrafine material with 80% spherical particles less than 1 μm in diameter, the average being about 0.15 μm. That's why it is called the ultrafine silica fume.

Market Overview:

The latest research study on the global Ultrafine Silica Fume market finds that the global Ultrafine Silica Fume market reached a value of USD 340.15 million in 2022. It’s expected that the market will achieve USD 401.72 million by 2028, exhibiting a CAGR of 2.81% during the forecast period.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

The top three companies are Ferroglobe, Bluestar (Group) Corporation, Mississippi Silicon with the revenue market share of 12.75%, 5.03%, 3.89% in 2019.

Ferroglobe PLC is engaged in silicon and specialty metals industry. The Company produces silicon metal and silicon-based and manganese-based alloy. The Company has quartz mining activities in the United States, Canada, South Africa and Mauritania, low-ash metallurgical quality coal mining activities in the United States, and interests in hydroelectric power in France. Its products include aluminum, silicone compounds used in the chemical industry, ductile iron, automotive parts, photovoltaic (solar) cells, electronic semiconductors and steel. The Company produces two types of manganese alloys: silicomanganese and ferromanganese. It also produces various silicon-based alloys, including silico calcium and foundry products, which comprise inoculants and nodularizers. It also produces silica fume. It operates through the segments: Electrometallurgy-North America, Electrometallurgy-Europe, Electrometallurgy -South Africa and Other Segments.

The China National Bluestar (Group) Co, Ltd is centered on the chemical industry but focuses on new chemical materials and animal nutrition. They have developed rapidly through constant innovations and M&A. They now have 58 factories, 16 R&D centers, and 6 overseas subsidiaries.

Segmentation Overview:

Among different product types, Undensified Silica Fume segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Concrete segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ultrafine Silica Fume market covered in Chapter 3:

Ferroglobe
Wuhan Mewreach
Mississippi Silicon
Simcoa Operations
Lixinyuan Microsilica
Finnfjord
OFZ, a.s., Istebné
Linyuan Micro-Silica Fume
Sichuan Langtian
Minasligas
Bluestar (Group) Corporation
Sichuan Iwind New Material
QingHai WuTong
RW Silicium GmbH
Quanzhou Wintoor
Washington Mills

In Chapter 4 and Chapter 14.2, on the basis of types, the Ultrafine Silica Fume market from 2018 to 2029 is primarily split into:

Densified Silica Fume
Semi Densified Silica Fume
Undensified Silica Fume

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ultrafine Silica Fume market from 2018 to 2029 covers:

Concrete
Refractory
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)