Silica Flour Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026
Silica Flour Market
- Snapshot
Silica flour is a
finely ground silica sand that offers superior purity and very high
silica content of around 98.0% or above. Silica sand mined from
reserves is processed to obtain silica flour. Mined silica sand is
washed, attritioned, scrubbed, hydraulically sized using mills with
sieves of various mesh sizes, and dried to obtain different sizes of
silica flour. A commonly used mesh size range for grinding silica
sand is 50 mesh to 550 mesh. Silica flour ground using mesh size
ranges of 100–200 mesh and 200–325 mesh are highly preferred for
applications such as fiberglass, oil well cementing operations,
sodium silicate, etc. These are among the major application segments
of silica flour. There is comparatively high demand for silica flour
produced using a mesh size of 100–325. The global silica flour
market is likely to expand at a significant rate during the forecast
period, owing to growth in end-user industries such as fiberglass,
oil & gas, etc.
Oil well cementing
is a major application of silica flour. Silica flour is added to the
cement used for oil well cementing operations in order to maintain
its permeability and physical strength. Silica flour constitutes
around 30% of the cement used for oil well cementing operations.
Price of crude oil has started rising since December 2017 and has
surged to an average of more than US$ 70 per barrel for the third
consecutive month in June 2018 from an all-time low of US$ 30 per
barrel in early 2016. This is likely to fuel oil and gas production,
thereby driving the growth of the oil & gas industry. Most
countries in the Middle East, which are oil-based economies, are
anticipated to benefit from the increase in oil prices. The
countries, which are facing a downturn as a result of a lull in the
oil & gas industry, are expected to witness a revival in their
economies due to the increasing crude oil prices. This is anticipated
to boost the number of wells drilled, resulting in higher crude oil
production. This is likely to fuel demand for silica flour in oil
well cementing operations. Also, in North America, there is an
increase in activity in the oil & gas sector. This is resulting
in the drilling of more oil and gas wells, leading to increased use
of silica flour for oil well cementing operations. The oil & gas
industry is expected to expand at a steady rate in the near future,
thereby driving the silica flour market during the forecast period.
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Inhalation of very
fine silica particles, also known as ‘respirable crystalline
silica,’ leads to silicosis, an incurable lung disease that can
lead to permanent disability and death. Inhalation of silica flour
also leads to lung cancer, chronic obstructive pulmonary diseases,
and kidney diseases. Inhalation of silica flour is inevitable in case
of workers involved in production processes employing silica flour.
The general population comes in contact with silica flour through the
products manufactured using silica flour. Around 2.3 million workers
are exposed to silica flour and other forms of very fine particles of
crystalline silica worldwide. Operations such as cutting; sawing;
grinding; drilling; and crushing stone, rock, concrete, block, etc.
create respirable dust, which is released into the air. This leads to
inhalation of respirable crystalline silica, causing serious health
hazards. These health hazards are likely to restrain the silica flour
market in the near future until a safe and secure way of handling
silica flour is developed that can avoid the chances of respirable
silica.
The silica flour
market has been segmented based on application and region. Based on
application, the silica flour market has been bifurcated into sodium
silicate, fiberglass, cultured marble, reinforcing filler, foundry
work, ceramic frits & glaze, oil well cement, glass & clay
production, and others. In terms of revenue, the fiberglass segment
constituted a major share of the market in 2017. In terms of
application, fiberglass is anticipated to be a rapidly expanding
segment of the silica flour market during the forecast period.
In terms of region,
the silica flour market has been classified into Europe, North
America, Asia Pacific, Middle East & Africa, and Latin America.
Asia Pacific dominated the silica flour market in 2017. This trend is
estimated to continue during the forecast period. The region is
projected to create lucrative opportunities for the silica flour
market in the near future. China is likely to dominate the market in
Asia Pacific, led by an expansion in end-user industries,
particularly the oil & gas and fiberglass industries in the
country. China is a leading country of the fiberglass market. It tops
the list of major fiberglass producing as well as exporting countries
across the globe. However, fiberglass manufacturers in China are
looking to shift their production facilities to countries in Middle
East & Africa, Latin America, and North America, owing to the
anti-dumping duties imposed by the European Union on the import of
fiberglass and related products from China. Expansion in the silica
flour market in Asia Pacific can also be ascribed to the high growth
potential of the market in India, Japan, and ASEAN countries. The
fiberglass industry is a major consumer of silica flour in Asia
Pacific.
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The silica flour
market is moderately fragmented as most suppliers have adopted
forward integration for the manufacture of silica flour from silica
sand. Key players operating in the silica flour market include
SCR-Sibelco N.V., International Silica Industries Company Plc., U.S.
Silica Holdings Inc., Adwan Chemical Industries Co. Ltd., and AGSCO
Corporation.
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