Market Overview:
The global silicic acid 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 silicic acid from various applications such as catalyst, desiccant, adsorbent, and others. In addition, the growing demand for silicon-based products is also contributing to the growth of this market.
Product Definition:
A type of mineral acid that is found in water and soil, silicic acid helps to break down minerals like quartz and sand into smaller pieces. It is also used in the production of glass, ceramics, and other silicon-based materials.
Powder:
Powder is a dry and free-flowing solid, which is made up of fine particles. It can be produced by two methods: wet or dry process. In the wet process, the reactant is added to water and then processed under high pressure; whereas in the dry process, reactants are mixed with air and then processed under vacuum to remove water from reaction mixture.
Crystal:
Crystal is a solid material produced by the hexagonal packing of molecules in a crystal lattice. Crystals are used as intermediates, additives or catalysts in various industries including chemical, pharmaceuticals and bio-technology.
Application Insights:
The other application segment includes the use of silicic acid as a catalyst in organic chemical synthesis, as a desiccant, and for the production of various products such as fertilizers and glass fiber reinforced plastics. Catalyst application dominated the overall market with over 35% share in 2017. The increasing demand for catalytic converters owing to stringent emission norms is expected to drive product demand over the forecast period.
Silicic acid plays an important role in catalysis due to its high reactivity with substrates which comprises hydrogenation, dehydrogenation, olefination and aromatization among others. It is used widely across all these processes due to its low cost coupled with excellent properties such as non-toxicity & non-corrosive characteristics are likely to propel industry growth during future years.
Regional Analysis:
Asia Pacific dominated the global silic acid market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as automotive, construction, packaging, and refining. China is projected to witness significant growth on account of rapid industrialization along with increasing investments in infrastructure development by various governments across the globe.
The Middle East & Africa region is anticipated to grow at a lucrative rate owing to high oil & gas reserves present across countries such as Saudi Arabia and Qatar among others which are also major consumers of silica gel for water treatment purposes.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for silicon-based products is expected to drive the silicic acid market growth.
- Growing application of silicic acid in water treatment and other end-use industries is also projected to fuel the market growth over the forecast period.
- Rising demand for silicone rubber, sealants, adhesives, coatings, elastomers and other silicon-based products is anticipated to boost the market growth in near future.
- Increasing investments by key players for expansion of production capacities is likely to propel the market growth during forecast period. 5) Growing awareness about benefits of using silicic acid across various industries is projected to create new opportunities for market participants in coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicic Acid Market Research Report
By Type
Powder, Crystal, Granule, Gel
By Application
Catalyst, Desiccant, Adsorbent, Other
By Companies
FINMA Chemie, Gustav Grolman, YMC EUROPE GmbH, Staub & Co. Chemie, IG Chemicals GmbH, Imhoff & Stahl GmbH, Caldic Deutschland Chemie, Magnifin, Widmann Solutions, Sibelco Switzerland
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Silicic Acid Market Report Segments:
The global Silicic Acid market is segmented on the basis of:
Types
Powder, Crystal, Granule, Gel
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
Catalyst, Desiccant, Adsorbent, Other
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:
- FINMA Chemie
- Gustav Grolman
- YMC EUROPE GmbH
- Staub & Co. Chemie
- IG Chemicals GmbH
- Imhoff & Stahl GmbH
- Caldic Deutschland Chemie
- Magnifin
- Widmann Solutions
- Sibelco Switzerland
Highlights of The Silicic Acid 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:
- Powder
- Crystal
- Granule
- Gel
- By Application:
- Catalyst
- Desiccant
- Adsorbent
- Other
- 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 Silicic Acid 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?
Silicic acid is a chemical compound with the formula SiO2. It is a crystalline solid that occurs in nature as quartz and sandstone. Silica also forms the basis of glass, mortar, and other construction materials.
Some of the major companies in the silicic acid market are FINMA Chemie, Gustav Grolman, YMC EUROPE GmbH, Staub & Co. Chemie, IG Chemicals GmbH, Imhoff & Stahl GmbH, Caldic Deutschland Chemie, Magnifin, Widmann Solutions, Sibelco Switzerland.
The silicic acid market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Silicic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicic Acid Market - Supply Chain
4.5. Global Silicic Acid Market Forecast
4.5.1. Silicic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicic Acid Market Absolute $ Opportunity
5. Global Silicic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Silicic Acid Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Crystal
5.3.3. Granule
5.3.4. Gel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Silicic Acid Market Size and Volume Forecast by Application
6.3.1. Catalyst
6.3.2. Desiccant
6.3.3. Adsorbent
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Silicic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Silicic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Silicic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Silicic Acid Demand Share Forecast, 2019-2026
9. North America Silicic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Silicic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Silicic Acid Market Size and Volume Forecast by Application
9.4.1. Catalyst
9.4.2. Desiccant
9.4.3. Adsorbent
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicic Acid Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Crystal
9.7.3. Granule
9.7.4. Gel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Silicic Acid Demand Share Forecast, 2019-2026
10. Latin America Silicic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Silicic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Silicic Acid Market Size and Volume Forecast by Application
10.4.1. Catalyst
10.4.2. Desiccant
10.4.3. Adsorbent
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicic Acid Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Crystal
10.7.3. Granule
10.7.4. Gel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Silicic Acid Demand Share Forecast, 2019-2026
11. Europe Silicic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Silicic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Silicic Acid Market Size and Volume Forecast by Application
11.4.1. Catalyst
11.4.2. Desiccant
11.4.3. Adsorbent
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicic Acid Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Crystal
11.7.3. Granule
11.7.4. Gel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Silicic Acid Demand Share, 2019-2026
12. Asia Pacific Silicic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Silicic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Silicic Acid Market Size and Volume Forecast by Application
12.4.1. Catalyst
12.4.2. Desiccant
12.4.3. Adsorbent
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicic Acid Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Crystal
12.7.3. Granule
12.7.4. Gel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Silicic Acid Demand Share, 2019-2026
13. Middle East & Africa Silicic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Silicic Acid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Silicic Acid Market Size and Volume Forecast by Application
13.4.1. Catalyst
13.4.2. Desiccant
13.4.3. Adsorbent
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicic Acid Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Crystal
13.7.3. Granule
13.7.4. Gel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Silicic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicic Acid Market: Market Share Analysis
14.2. Silicic Acid Distributors and Customers
14.3. Silicic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FINMA Chemie
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gustav Grolman
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. YMC EUROPE GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Staub & Co. Chemie
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IG Chemicals GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Imhoff & Stahl GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Caldic Deutschland Chemie
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Magnifin
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Widmann Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sibelco Switzerland
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
