UK Silica Market Size & Outlook, 2022-2030
UK silica market, 2018-2030 (US$M)
Related Markets
UK silica market highlights
- The UK silica market generated a revenue of USD 671.5 million in 2022 and is expected to reach USD 1,079.2 million by 2030.
- The UK market is expected to grow at a CAGR of 6.1% 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 671.5 million |
| Market revenue in 2030 | USD 1,079.2 million |
| Growth rate | 6.1% (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, UK accounted for 1.8% of the global silica market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany silica market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 1,465.4 million by 2030.
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Silica Market Scope
Silica Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 73.7% in 2022. Horizon Databook has segmented the UK silica market based on amorphous, crystalline covering the revenue growth of each sub-segment from 2018 to 2030.
The UK silica market is expected to grow of near 6.2% over the forecast period. The growth is attributed to the increasing investment in the country in offshore drilling in oil & gas and construction & infrastructure industries to propel the economic growth of the country.
Silica is widely preferred for manufacturing glass windows and various glass-based products for decoration and other purposes in residential and commercial buildings. The growing investments in new affordable houses coupled with the renovation of existing ones are anticipated to augment the demand for silica in the country.
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Target buyers of UK 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 UK silica market , including forecasts for subscribers. This country databook contains high-level insights into UK silica market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK silica market size, by product, 2018-2030 (US$M)
UK Silica Market Outlook Share, 2022 & 2030 (US$M)
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