Global Silica Flour Market (Business Opportunities - Advertising Service)

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Global Silica Flour Market

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Global Silica Flour Market was valued US$ XX Mn. in 2019 and is expected to grow at CAGR of 7 %, to reach US$ 750 Mn. during the forecast period of 2020 to 2027.

Global Silica Flour Market

Market Definition:

Silica Flour SiO2 also known as Silicon dioxide naturally occurring as quartz, stable as long as it is not affected by moisture, non-toxic and is widely used as chemical raw material most prominently in the cementing industry usually white, grey or yellow in appearance, with density 2.60g/cm3~2.80g/cm3.

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and the same is reflected in our analysis.

Market Dynamics:

The report comprises of worldwide Silica Flour Market presentation in terms of revenue from various segments and detailed evaluation of the trends and factors that are playing a substantial role in the market. These factors involve the drivers, restraints, opportunities, and challenges for the key companies and stakeholders in the industry.

Incrementing glass demand and flourishing construction industry are the prime factors surging the growth of the silica flour market globally. Moreover, Improving lifestyles and changing climatic conduction have extended the application in oil well cementing spurring the innovations in the glass sector as per the consumer demand. About 95% of silica is use commercial in the construction industry for the production of concrete and Food and pharmaceutical as a common additive. It is also used in cosmetics as natural absorbent and anticipated to foster the growth of the silica flour market in the years to come.

However, stringent regulation by Occupational Safety and Healthcare Administration restricting the exposure limit in concern to health and environmental hazards as overconsumption can lead to rheumatoid arthritis, lung cancer, risk of systemic autoimmune deficiency and many more caused by silica flour and can hamper the productive development of the market.

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Target State: All States
Target City : pune
Last Update : Aug 20, 2020
Number of Views: 26
Item  Owner  : pallavi
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2020-10-30 (0.075 sec)