Silicon Dioxide Market Size

Global Silicon Dioxide Market Overview

Silicon Dioxide Market Size was valued at USD 8.74 Billion in 2023. The Silicon Dioxide market industry is projected to grow from USD 9.32 Billion in 2024 to USD 14.58 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.75% during the forecast period (2024 - 2032). Increased demands for silicone dioxide from construction industry and increasing adoption across electrical industry are the prime market drivers helping the market to grow.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Silicon Dioxide Market Trends

• Growing demand from industries is driving the market growth

Market CAGR for silicon dioxide is being driven by the rising adoption. The earth's crust contains large amounts of silicon dioxide, which is created when silica and oxygen mix. It also goes by the name silica. Due to its ubiquity, silicon dioxide is found in a variety of forms, including crystalline, amorphous, and others. Silicon dioxide can also be produced synthetically. The most popular form of crystal is quartz, which is mostly present in graphite and is a key ingredient in sandstone. There are numerous commercial uses for silicon dioxide, however amorphous silica nanoparticles are the most often employed form because of their unusual physicochemical characteristics. Additionally, it serves as a key oxide component in the production of ceramics and glass.

Since silicon dioxide is widely available and functional, this fact alone is a significant driving force. The silicon dioxide has multiple uses across numerous sectors. Similar to the food business, silicon dioxide is most frequently used as an anti-caking agent because to its ability to absorb extra moisture and so prevent ingredients from adhering to one another. The prime application is in the production of chilli powder and salt to prevent clumping. Due to the same qualities, silica is also frequently utilised in health supplements since it avoids ingredient clumping without competing with other active substances. In order to eliminate yeast and protein from beer & wine, it can also be utilized as an anti-foaming agent. Due to additional qualities like the elimination of unwelcome impunities, defence against the diffusion of dopants, and high temperature stability, silicon dioxide is employed in the production of semiconductor circuit boards, piezoelectric materials, and refractory materials, among others.

Furthermore, the construction industry is the main consumer of silica, and because some construction projects have resumed following the COVID-19 epidemic, demand for silica is picking up. This is projected to balance the market for silica in the construction sector. In the following years, the market is anticipated to be driven by rising high-quality concrete usage. Another significant aspect that is predicted to drive the market is the use of silica in electronics. Thus, driving the Silicon Dioxide market revenue.

Silicon Dioxide Market Segment Insights

Silicon Dioxide Form Insights

The Silicon Dioxide market segmentation, based on form includes Amorphous, Quartz, Keating, Cristobalite, Coesite, Tridymite, Purity 2N (99%), 2N5 (99.5%), 3N (99.9%), 3N5 (99.95%), 4N (99.99%), and 5N (99.999%) & less than 99% purity. The amorphous segment dominated the market. An inorganic substance called amorphous silica (SiO2) is frequently utilised in semiconductor circuits to separate various conducting zones. Amorphous silica has also developed into a crucial component in microelectronics and chromatography due to its mechanical resistance, high dielectric strength, and selectivity for chemical modification. Due to its special qualities, silica is indispensable for a broad range of applications, including the production of chips, optical fibres, and telescope optics.

Silicon Dioxide Application Insights

The Silicon Dioxide market segmentation, based on application, includes Building materials, Glass & Ceramics, Paints & Coatings, Adhesive & Sealants, Food & Pharmaceutical Sealant, and Silicone Wafers. The adhesive & sealants category generated the most income. Silicon Dioxide as a Reinforcing Agent for Adhesive and Sealant Silicon Dioxide as a Reinforcing Agent for Adhesive and Sealant: Nano-silica is primarily used in adhesives and sealants as a reinforcing agent and additive, controlling rheology, acting as an anti-settlement, and providing reinforcement.

Silicon Dioxide End Use Insights

The Silicon Dioxide market segmentation, based on end use, includes Building & Construction, Electrical & electronics, Healthcare, Food & Beverages, and Chemical. The building & construction category generated the most income. One of the main ingredients in many building and construction goods is silica. Whole-grain silica is utilised in flooring, mortars, speciality cement, roofing shingles, asphalt mixes, skid-resistant surfaces and other industrial materials for increased tensile strength and structural integrity.

Figure 1: Silicon Dioxide Market, by End Use Industry , 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Silicon Dioxide Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Silicon Dioxide market area will dominate this market, owing to an increasing technological upgradations and wide adoption of silicon due to its exceptional properties.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: SILICON DIOXIDE MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Silicon Dioxide market accounts for the second-largest market share due to the growth of end –use industries such as building and micro electronics. Further, the German Silicon Dioxide market held the largest market share, and the UK Silicon Dioxide market was the fastest growing market in the European region

The Asia-Pacific Silicon Dioxide Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to expanding construction activities and growing industries across the region. Moreover, China’s Silicon Dioxide market held the largest market share, and the Indian Silicon Dioxide market was the fastest growing market in the Asia-Pacific region.

Silicon Dioxide Key Market Players & Competitive Insights

Leading market players are strengthening and broadening their product lines, to become more competitive in the market, which will allow the Silicon Dioxide market, grow even faster. Market participants are also adopting a variety of strategic activities to acquire leading position, with important market developments including new product innovations & upadtes, contractual agreements, mergers & acquisitions, collaborations, higher investments, and collaboration with other organizations. To grow and survive in a competitive and rising market climate, Silicon Dioxide industry must offer cost-effective items.

The manufacturers are trying to use local resources to achieve operational efficiency in the Silicon Dioxide industry to benefit clients and increase the market sector. In recent years, the Silicon Dioxide industry has offered some of the most significant advantages to medicine. Major players in the Silicon Dioxide market, including Evonik Industries AG, PPG Industries Inc., Cabot Corporation, Solvay, American Elements, Wacker Chemie AG, Tokuyama Corporation, Tosoh Corporation, Gelest Inc, Aluflor AB, and others, are attempting to increase market demand by investing in research and development operations.

The company Tokuyama Corp (Tokuyama), formerly known as Nihon Soda Kogyo Co Ltd, produces and markets cement, speciality goods, and chemicals. The product line of the business includes, among other things, cement, soda ash, caustic soda, silicon goods, vinyl chloride monomer/polymer, fine chemicals, film products, medicinal materials, methylene chloride, chloroform, and electronics materials. Among other industries served by the company are the material, semiconductor, detergent, and construction sectors. In addition to other nations throughout the world, Tokuyama has operational presences in China, South Korea, Taiwan, Singapore, the US, and Germany. In May 2022, Tokuyama Corporation has made the decision to increase the manufacturing line's capacity for hydrophobic grade fumed silica at its wholly-owned subsidiary, Tokuyama Chemicals (Zhejiang) Co., Ltd.

Chemical business Wacker Chemie AG (Wacker), a division of DR. Alexander Wacker Familiengesellschaft mbH, creates, produces, and distributes chemicals associated with silicon and ethylene. Siloxanes, silicone fluids, silicone emulsions, resins, elastomers, pyrogenic silica, and silanes are among the variety of products it provides. Additionally, the business produces dispersible polymer powders and dispersions, as well as binders and polymeric additives. It offers the fine chemical industry with specialised biotech and catalogue items. Wacker also manufactures ultra-pure polysilicon for the semiconductor and solar industries. In July 2022, In Panagarh, India, the chemical company WACKER with headquarters in Munich constructed a new silicone production facility. The plant, which is 160 kilometres northwest of Kolkata, will produce silicone compounds and rubber for use in electromobility, medical technologies, and electrical transmission and distribution.

Key Companies in the Silicon Dioxide market include

• 
  Evonik Industries AG,


• PPG Industries Inc.,


• Cabot Corporation,


• Solvay, American Elements,


• Wacker Chemie AG,


• Tokuyama Corporation,


• Tosoh Corporation,


• 
  Gelest Inc,


• Aluflor AB

Silicon Dioxide Industry Developments

November 2021: With the acquisition of the Korean business HS Advanced Materials Co. Ltd., Heraeus widened its selection of semi-finished quartz materials. The company will be in a position to diversify its product offering in the semiconductor sector thanks to this acquisition.

Silicon Dioxide Market Segmentation

Silicon Dioxide Form Outlook

• Amorphous


• Quartz


• Keating


• Cristobalite


• Coesite


• Tridymite


• Purity 2N (99%)


• 2N5 (99.5%)


• 3N (99.9%)


• 3N5 (99.95%)


• 4N (99.99%)


• 5N (99.999%) & less than 99% purity

Silicon Dioxide Application Outlook

• Building materials


• Glass & Ceramics


• Paints & Coatings


• Adhesive & Sealants


• Food & Pharmaceutical Sealant


• Silicone Wafers

Silicon Dioxide End Use Outlook

• Building & Construction


• Electrical & electronics


• Healthcare


• Food & Beverages


• Chemical

Silicon Dioxide Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America