Market Overview:
The global silica yarn market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for silica yarn from various end-use industries, such as industrial, aerospace, military, metallurgy and foundry, and others. Silica yarn is used in various applications owing to its properties such as high tensile strength, thermal stability, chemical resistance, and low coefficient of friction. These factors are driving the demand for silica yarn from various end-use industries across the globe. North America dominates the global silica yarn market due to the presence of major players operating in this region and also due to technological advancements taking place in this region.
Product Definition:
Silica yarn is a textile made from very fine, high-quality fibers of silicon dioxide (silica). It is used to make a variety of high-performance fabrics, including those used in aerospace and automotive applications. Silica yarn has many advantages over other materials, including superior strength and durability, as well as the ability to withstand high temperatures and corrosive environments.
Silica < 96%:
Silica < 96%, it's usage.
The global silica yarn market size was valued at USD 5.0 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period on account of rising demand for high-performance industrial yarns from various application industries including textiles, construction, and medical among others.
Silica ≥ 96%:
Silica (SiO2) is a chemical element that has a symbol Si and an atomic number 28. It is a crystalline solid and very brittle in nature. Silica can be categorized as micronutrient or mineral, depending upon the source or method of its production; it can also be classified as natural or synthetic.
Application Insights:
The industrial application segment led the global silica yarn market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for various products from various industries including automotive, construction, packaging, paints and coatings, etc. Rapidly growing industrial sector in developing countries like India is also expected to have a positive impact on industry expansion over the next few years.
Silica-based products are used as an essential material for manufacturing ceramic tiles that are used in numerous applications such as roofing & wall coverings (drywall), bathroom/laundry room walls & ceilings (mastic), flooring underlayment (subfloor insulation) along with several others which include pipes and tanks for water storage/drinking and tank liners among others. Growing housing needs due to rapid urbanization along with rising disposable income levels has resulted in increased tile production which will positively influence industry growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global silica yarn market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, availability of low-cost labor, and increasing foreign investments in various sectors such as aerospace & defense, automotive manufacturing, construction materials etc. China is projected to remain a key consumer owing to its large-scale production of cement as well as other construction materials.
The demand for silica yarn in Europe was valued at USD X million in 2016 and is anticipated to witness moderate growth over the forecast period owing high consumption from metallurgy sector for producing steel products along with growing aerospace & defense industry mainly due to increased military spending by various countries including Russia and France among others which will drive product demand further on account of use in producing aircraft engine turbines along with other parts used by aircraft manufacturers are estimated conservatively valued at USD X billion thereby driving overall regional market growth positively over the coming years.
Growth Factors:
- Increasing demand for Silica Yarn from the automotive and aerospace industries due to its superior properties such as light weight, high strength, and thermal stability.
- Growing demand for Silica Yarn in the medical industry due to its biocompatibility and non-toxicity.
- Rising demand for Silica Yarn from the electrical & electronics industry due to its excellent thermal insulation properties.
- Increasing use of Silica Yarn in textile applications owing to its superior mechanical and thermal properties compared to other conventional yarns fibers used in textiles such as cotton, wool, etcetera
Scope Of The Report
Report Attributes
Report Details
Report Title
Silica Yarn Market Research Report
By Type
Silica < 96%, Silica ≥ 96%
By Application
Industrial, Aerospace, Military, Metallurgy and Foundry, Others
By Companies
Mid-Mountain, LIH FENG JIING Enterprise, Henan Ballhone Machinery Industry, Polotsk-Steklovolokno, Textile Technologies Europe, Valmieras stikla šķiedra, BOWEA, Hiltex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Silica Yarn Market Report Segments:
The global Silica Yarn market is segmented on the basis of:
Types
Silica < 96%, Silica ≥ 96%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Aerospace, Military, Metallurgy and Foundry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mid-Mountain
- LIH FENG JIING Enterprise
- Henan Ballhone Machinery Industry
- Polotsk-Steklovolokno
- Textile Technologies Europe
- Valmieras stikla šķiedra
- BOWEA
- Hiltex
Highlights of The Silica Yarn Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silica < 96%
- Silica ≥ 96%
- By Application:
- Industrial
- Aerospace
- Military
- Metallurgy and Foundry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silica Yarn Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silica yarn is made from a blend of silica and other materials, including cotton. It's often used in knitting because it has a high tensile strength and can be easily woven into fabric.
Some of the major players in the silica yarn market are Mid-Mountain, LIH FENG JIING Enterprise, Henan Ballhone Machinery Industry, Polotsk-Steklovolokno, Textile Technologies Europe, Valmieras stikla Å¡Ä·iedra, BOWEA, Hiltex.
The silica yarn market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silica Yarn Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Silica Yarn Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silica Yarn Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Silica Yarn Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Silica Yarn Market Size & Forecast, 2020-2028
4.5.1 Silica Yarn Market Size and Y-o-Y Growth
4.5.2 Silica Yarn Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Silica < 96%
5.2.2 Silica ≥ 96%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Aerospace
6.2.3 Military
6.2.4 Metallurgy and Foundry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silica Yarn Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silica Yarn Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Silica < 96%
9.6.2 Silica ≥ 96%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Aerospace
9.10.3 Military
9.10.4 Metallurgy and Foundry
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Silica < 96%
10.6.2 Silica ≥ 96%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Aerospace
10.10.3 Military
10.10.4 Metallurgy and Foundry
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Silica < 96%
11.6.2 Silica ≥ 96%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Aerospace
11.10.3 Military
11.10.4 Metallurgy and Foundry
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Silica < 96%
12.6.2 Silica ≥ 96%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Aerospace
12.10.3 Military
12.10.4 Metallurgy and Foundry
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Silica < 96%
13.6.2 Silica ≥ 96%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Aerospace
13.10.3 Military
13.10.4 Metallurgy and Foundry
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silica Yarn Market: Competitive Dashboard
14.2 Global Silica Yarn Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mid-Mountain
14.3.2 LIH FENG JIING Enterprise
14.3.3 Henan Ballhone Machinery Industry
14.3.4 Polotsk-Steklovolokno
14.3.5 Textile Technologies Europe
14.3.6 Valmieras stikla šķiedra
14.3.7 BOWEA
14.3.8 Hiltex
