Published Date: 2021-11-19
Request a sample
APAC Silica Flour Market size is projected to cross USD 307 million by 2027, according to a latest forecast report by Graphical Research.
Silica flour is one of the stone particles used in the manufacturing of cultured marbles with other kinds of natural materials. It plays an important role in casting foundries. It is an important industry that mainly caters to automobile and general manufacturing sectors. Oilwell cements are another important application of silica flour. Oilwell cements are primarily used for cementing work during the drilling of oil wells. Rapid industrialization and urbanization and steady economic improvements in developing countries, including China, India, and Indonesia, will boost the Asia Pacific silica flour industry growth. Japan is one of the largest consumers of silica flour owing to the escalating demand for fiberglass in the country.
Furthermore, the rising demand for glass in various end-use industries will increase the consumption of silica flour. Silica flour is an important raw material used in the production of industrial glass and clay articles. China is the largest producer & consumer of glass across the region. The increasing consumption of beverages across the Asia Pacific region has propelled the demand for glass, boosting the market growth. Additionally, the constant innovations in the field of electronics, especially smartphones, will push the demand for high-quality and functioning glass objects, in turn, generating the demand for silica flour over the near future.
Browse detailed statistical insights from the report, “Asia Pacific Silica Flour Market Forecast 2027 By Application (Sodium Silicate, Fiberglass, Cultured Marble, Additive, Reinforcing Filler, Foundry Work, Ceramic Frits & Glaze, Oilwell Cements, Glass & Clay Production), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1991/asia-pacific-silica-flour-market
The foundry work segment is expected to grow at a CAGR of 2.2% between 2021 to 2027 owing to the rising usage of casting products in the automotive industry especially in countries including India, China, and Japan. Moreover, the rising demand for semiconductors in various consumer products has propelled the demand for foundry products. For instance, China has produced 203.6 billion chips in first half of 2021, with a growth rate of 47.3% compared to the 2020. Additionally, rapid development of the automobile and motorcycle industries is expected to promote the development of China’s foundry mold industry, thereby, propelling the consumption of silica flour.
The India silica flour industry dominated around 13% volume share in 2020 and is set to expand at over 5% CAGR during the forecast period driven by the increased demand for fiberglass and cement within the country. The Indian government is using glass fiber in its defense segment. Additionally, several measures are taken by the government to enhance the awareness of the use of glass fiber, such as subsidies and allowing FDI inflows, so that the continuous demand will emerge from new sectors and applications, increasing the scope of silica flour in the fiberglass industry.
The silica flour in APAC market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2017 to 2027 for the following segments:
Asia Pacific Market, By Application
The above information has been provided for the following countries:
The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read More