China Silica Market Size & Outlook, 2022-2030
China silica market, 2018-2030 (US$M)
Related Markets
China silica market highlights
- The China silica market generated a revenue of USD 8,289.7 million in 2022 and is expected to reach USD 14,699.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, crystalline was the largest revenue generating product in 2022.
- Crystalline is the most lucrative product segment registering the fastest growth during the forecast period.
Silica market data book summary
| Market revenue in 2022 | USD 8,289.7 million |
| Market revenue in 2030 | USD 14,699.9 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Crystalline |
| Fastest growing segment | Crystalline |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Amorphous, Crystalline |
| Key market players worldwide | Akzo Nobel NV, Cabot Corp, Evonik Industries AG, Imerys, Kemira Oyj, Nissan Chemical Corp, PPG Industries Inc, Solvay SA, Tosoh Corp, Wacker Chemie AG |
Other key industry trends
- In terms of revenue, China accounted for 22.0% of the global silica market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China silica market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,517.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Silica Market Scope
Silica Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China silica market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silica market will help companies and investors design strategic landscapes.
Crystalline was the largest segment with a revenue share of 68.5% in 2022. Horizon Databook has segmented the China silica market based on amorphous, crystalline covering the revenue growth of each sub-segment from 2018 to 2030.
The Chinese silica industry experienced a decline in demand in 2022 due to a slowdown in the domestic market. This downturn was primarily influenced by the weakening real estate market, which began in the fourth quarter of 2021 due to the debt crisis faced by real estate developers.
Furthermore, the escalating inflation rates in overseas markets have led to increased borrowing interest rates. The global energy and raw material prices have also surged as a result of the Russia-Ukraine conflict. Collectively, these factors are expected to negatively impact the silica market in the country.
However, China is trying to revive its real estate industry and to support this, the government is setting up new initiatives. For instance, in February 2023, China launched a pilot program for real estate private equity funds. The China Securities Regulatory Commission has allowed private equity funds to invest in projects under construction, rental, affordable homes, and residential housing, on a trial basis.
Reasons to subscribe to China silica market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China silica market databook
-
Our clientele includes a mix of silica market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China silica market , including forecasts for subscribers. This country databook contains high-level insights into China silica market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China silica market size, by product, 2018-2030 (US$M)
China Silica Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
