The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.  

Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape and competitive scenario. 

Drivers and Opportunities 

Rapid infrastructure developments, high use of silica flour in sectors such as iron & steel, construction, glass manufacturing, automotive and more, surge in modern theme-based buildings, rise in global population and increasing purchasing power of consumers drive the growth of the global silica flour market. However, health risks associated with the exposure of silica flour beyond maximum concentration limits hamper the market growth. On the other hand, increase in industrialization, the surge in manufacturing industries and rise in price of crude oil are expected to present lucrative opportunities for growth of the market in the coming years. 

Leading Market Players