Pune, India -- (SBWire) -- 02/05/2019 --Market Overview: The report on "Global Silicon Powder Market" is based on the type, technology, application, and end-user segments, as well as the key geographies, for the forecast period from 2019–2024. The report further focuses on the major market dynamic factors contributing to the growth of the Silicon Powder market and Silicon Powder market challenges faced by the market competitors. Furthermore, the Silicon Powder market provides the market size and forecast for the global Silicon Powder market. Additionally, the report also studies the competitive scenario and the leading competitors and their strategies. The competitive scenario segment focuses on the recent developments in the market.

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Furthermore, the strengths and weaknesses that constitute a major contribution towards strengthening the leading competitors of the Silicon Powder market are mentioned in this report. This research is carried out by means of a number of techniques, methodologies, and usage of huge resources, which implies a positive outcome for the readers to make more informed decisions in the near future.

Silica fume, also known as micro silica, is an ultrafine powder collected as a by-product of the silicon and ferrosilicon alloy production. Silica fume is an ultrafine material with spherical particles less than ?m in diameter, the average being about 0.15 ?m. So it also called the ultrafine silica fume.

Silica fume is an ultrafine powder collected as a by-product of the silicon and ferrosilicon alloy production. The "smoke" leaving the plant is actually silica fume. Today in many countries, due to pressure for environmental protection, no silica fume is allowed to escape to the atmosphere.

The global silica fume production increased from 1322.6 K MT in 2012 to 1797.5 K MT in 2017. China is the largest production of silica fume, which snatched 53.18% share globally in 2017. The follower is Europe, producing 367.9 K MT.
Silica fume is mainly consumed by concrete industry, refractory industry and so on. Among the various applications, concrete industry becomes the largest consumer. In 2017, nearly 77.35% silica fumed entered into the concrete industry.

According to this study, over the next five years the Silicon Powder market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 220 million in 2019. In particular,

Segmentation by product type:
Densified Silica Fume
Semi Densified Silica Fume
Undensified Silica Fume

Segmentation by application:
Concrete
Refractory
Others

The key manufacturers covered in this report:
Ferroglobe, Elkem(Blue Star), Erdos Metallurgy, Linyuan Micro-Silica Fume, WINITOOR, All Minmetal International, East Lansing Technology, Wuhan Mewreach, Dow Corning, Finnfjord, Lixinyuan Microsilica, QingHai WuTong, Blue Star, Sichuan Langtian, RW Silicium GmbH, Wacker, CCMA, Fesil, Washington Mills, Jinyi Silicon Materials, Renhe, Elkon Products, Simcoa Operations, OFZ, a.s., Minasligas

Market Segment by Regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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This study has been collated using primary and secondary research methodologies that are meant to provide the users with a detailed view of the major aspects of the Silicon Powder market. The report also takes into consideration the different strategies, emerging technologies, collaborations, product launches, and mergers & acquisitions, in order to carry out a detailed analysis of the Silicon Powder market.

One of the most essential features of this report is the inclusion of the SWOT analysis of key companies. The SWOT analysis is helpful in giving information about threats and opportunities and weaknesses and strengths, which are faced by companies operating in the global Silicon Powder market.

Researchers have comprised a detailed assessment of the competitive landscape prevalent in the market for Global Silicon Powder market professional survey report 2019, coupled with the profile reviews of the leading companies in a bid to provide the readers an exhaustive overview of this market.

Key questions answered in this research report:

At what pace is the Silicon Powder market growing, globally and regionally? What will be the growth trends over the coming years?
What are the key growth factors and limitations in the parent market? How will the drivers and restraints impact the growth of the market in the future?
What are the geographical revenue and forecast analysis? Which are the major geographical revenue pockets for growth in the global Silicon Powder market?
What are the various end-user and application areas and how are they expected to grow?
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