Europe Silica Market Size & Outlook, 2022-2030
Europe silica market, 2018-2030 (US$M)
Related Markets
Europe silica market highlights
- The Europe silica market generated a revenue of USD 7,692.2 million in 2022.
- The market is expected to grow at a CAGR of 6.2% 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.
- Country-wise, Turkey is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 7,692.2 million |
| Market revenue in 2030 | USD 12,418.7 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Crystalline |
| Fastest growing segment | Crystalline |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 20.4% of the global silica market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 27,242.2 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 |
|---|
Europe 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 71.66% in 2022. Horizon Databook has segmented the Europe silica market based on amorphous, crystalline covering the revenue growth of each sub-segment from 2018 to 2030.
The invasion of Ukraine by Russia affected the silica supply chain globally. The war adversely impacted the trade of natural gas in Europe, which made the issue worse for European countries. Energy-intensive sectors, such as manufacturing and construction, either halted or temporarily suspended their operations across Europe owing to the aforementioned difficulties.
However, due to the energy crisis, countries in the region are investing in oil & gas exploration & production, which is expected to increase the demand for silica over the forecast period.
For instance, in October 2022, the Italian government announced to double its gas production. As of 2022, the average gas production of Italy was around 3 billion cubic meters (bcm), and the country has plans to double this in the coming years. The government also announced to issue new offshore drilling projects in the Adriatic Sea to reduce dependence on oil imports from Russia.
Reasons to subscribe to Europe 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 Europe 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 continent-level data and insights on the Europe silica market , including forecasts for subscribers. This continent databook contains high-level insights into Europe silica market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe silica market size, by country, 2018-2030 (US$M)
Europe 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
