Research and Markets: Global Silica Fume Market is Projected to Grow at a CAGR of 4.22% Between 2015 and 2020 to Reach USD 563.09 Million by 2020
September 24, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/wz9fv6/silica_fume) has announced the addition of the “Silica Fume Market by Application & by Geography – Global Analysis & Forecast to 2020” report to their offering.
The global silica fume 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.
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 silica fume 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.
Key Topics Covered
- Introduction
- Research Methodology
- Executive Summary
- Market Overview
- Global Silica Fume Market, Industry Trends
- Silica Fume Technical and Cost Analysis
- Global Silica Fume Market, Technical Requirements By Country
- Global Silica Fume Market, By Source of Metals
- Global Silica Fume Market, Pricing Analysis
- Global Silica Fume Market, By Application
- Global Silica Fume Market, By Geography
- Global Silica Fume Market, Competitive Landscape
- Global Silica Fume Market, Company Profile
- Appendix
Companies Mentioned
- Bisley
- Brock White Company
- Carbon Enterprises
- Cemente Industries
- DOW Corning
- Ecotech
- Elkem
- Elkon Products
- Globe Speciality Metal/ Norchem
- Krypton
- Norchem
- Rockfit
- Shanghai Topken Silica Fume
- Shenzhen Bemsun Industry
- Silpozz
- Simcoa Operations
- Uhan Newreach Microsilica
For more information visithttp://www.researchandmarkets.com/research/wz9fv6/silica_fume
View source version on businesswire.com: http://www.businesswire.com/news/home/20150924005564/en/
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Sector: Cement and Concrete