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Silica Fume Market by Application (Building Construction, Marine Structure Construction, Oil & Gas Well Grouting, Nuclear Power Plant Construction, Chemical Production Facilities Construction, by Geography (Middle East and Africa, North America, Asia-Pacific, South And Central America) - Global Analysis and Forecast to 2020
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MarketsandMarkets Presents • Silica Fume Market • Global Analysis and Forecast to 2020 http://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.html
The global silica fume market was valued at USD 430.87 Million in 2014, and is expected to reach USD 563.09 Million by 2020, at a CAGR of 4.22% between 2015 and 2020. • In terms of consumption, the market is estimated to reach 1,622.58 thousand tons by 2020, at a CAGR of 3.12% between 2015 and 2020. • The global market has been witnessing high growth in the past few years. The increasing demand in the building construction and marine structure construction applications will be the key factor influencing the growth of the global silica fume market. The building construction sector contributed a share of 41.50% to the market in 2014. Marine structure construction was the second-biggest application segment, having contributed a share of 33.33% in the same year. http://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.html
http://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.htmlhttp://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.html • Currently, the Middle East & Africa is the largest consumer of silica fume, and the market in this region is estimated to grow at the CAGR 4.57% from 2015 to 2020. Countries, such as UAE and Saudi Arabia are expected to lead the Middle-East & Africa market, with UAE contributing the largest share in the volumetric consumption of silica fume. This large share can be attributed to the rising demand of silica fume concrete from the building construction segment in the country. The demand for silica fume is comparatively low in Europe; the estimated growth of the silica fume market in Asia-Pacific is the highest, followed by Middle East & Africa. http://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.html
The significant silica fume manufacturers include Globe Specialty Metals, Inc. (U.S.), Norchem, Inc. (U.S.), Elkem (Norway), Elkon Products, Inc. (Canada), Dow Corning Corporation (U.S.), Cementec Industries Inc. (Canada), Kryton International, Inc. (Canada), Brock White Co. LLC (U.S.), Simcoa Operations Pvt. Ltd. (Australia), Carbon Enterprises (U.K.), Bisley & Company Pty. Ltd. (Australia), Rockfit Corporation (India), Wuhan New Reach Chemical Co. Ltd. (China), Shanghai Topken Silica Fume Co. Ltd. (China), Shenzhen Bemsun Industry Co. Ltd. (China), N.K. Enterprises (India), and Ecotec Silica Fume (Australia). http://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.html
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