Silica Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The global silica market is estimated at 458.22 million tons in 2022. The market is projected to register a CAGR greater than 6% during the forecast period (2022-2027).
In 2021, the demand for silica surged due to the increase in construction projects across the globe. The increasing usage of high-quality concrete is expected to drive the market in upcoming years. The usage of silica in electronics is another major factor that is likely to drive the market.
Key HighlightsThe silica market is fragmented with the presence of both international and domestic players. The major companies ( not in any particular) in the market studied include Covia Holdings Corporation, US Silica, Sibelco, Cabot Corporation, and Evonik Industries AG, amongst others.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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