Market revenue in 2022 | USD 1,774.5 million |
Market revenue in 2030 | USD 2,669.8 million |
Growth rate | 5.2% (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 |
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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 71.69% in 2022. Horizon Databook has segmented the Middle East & Africa silica market based on amorphous, crystalline covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East is a major producer and exporter of crude oil and natural gas. Therefore, the demand for silica is high in this region as this mineral is used extensively in the oil & gas industry. Increasing investments by countries to increase their oil & gas production is expected to propel the demand for silica in the Middle East over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa silica market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa silica market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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