is a fine powder composed as a by-product of silica metal or ferrosilicon alloys in smelters using electric arc boilers. They are mainly used in concrete applications due to its chemical and physical properties such as pozzolanic, cementitious. Silica Fume is also known as condensed silica fume, microsilica, votalilized silica.
The Silica fume market
is segmented as by applications, by source and by geography. By application the silica fume market is segmented as construction, chemical production operations, oil & gas operations, and others. Silica fume adds value when they are used in concrete to improve its properties, in particular its strength, bonding and resistance. By source the silica fume market can be distinguished between production from silica metal and production from ferrosilicon alloys. The report also relates silica fume with its other substitutes on the basis of properties and cost analysis. Furthermore, price analysis for silica fume across different regions is also included in the report.
The report covers the global silica fume market and segments the market on the basis of application, source and region.
APAC region is projected to register fastest growth rate during forecast period and accounted for xx% of the silica fume market owing to the high demand in China and India. The companies are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products. Followed by APAC, North America is considered as next major consumer for silica fume. The study forecasts that silica fume market will increase at a CAGR of x.x% during the forecast period 2016 and 2021, to attain an anticipated value of $xx.x billion by the end of the forecast period.