Mexico Silica Market Size & Outlook, 2022-2030
Mexico silica market, 2018-2030 (US$M)
Related Markets
Mexico silica market highlights
- The Mexico silica market generated a revenue of USD 1,076.6 million in 2022 and is expected to reach USD 1,763.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.4% 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 1,076.6 million |
| Market revenue in 2030 | USD 1,763.3 million |
| Growth rate | 6.4% (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, Mexico accounted for 2.9% of the global silica market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. silica market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 13,941.7 million by 2030.
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Silica Market Scope
Silica Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 75.49% in 2022. Horizon Databook has segmented the Mexico silica market based on amorphous, crystalline covering the revenue growth of each sub-segment from 2018 to 2030.
The silica market in Mexico is projected to grow from over the forecast period. This growth is attributed to the increasing investments in oil & gas and construction industries, as well as infrastructure development projects.
Mexico is one of the largest consumers of silica in the world. The country has significant reserves of minerals with mines located in several states including Chihuahua, Sonora, Durango, Zacatecas, and Guerrero. In addition, increasing investments in offshore drilling activities are expected to propel the demand for silica in the country over the forecast period.
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Target buyers of Mexico silica market databook
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Our clientele includes a mix of silica market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Mexico silica market , including forecasts for subscribers. This country databook contains high-level insights into Mexico silica market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico silica market size, by product, 2018-2030 (US$M)
Mexico Silica Market Outlook Share, 2022 & 2030 (US$M)
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