Silicon Dioxide Market Summary
As per MRFR Analysis, the Global Silicon Dioxide Market was valued at USD 8.74 Billion in 2023 and is projected to reach USD 14.58 Billion by 2032, growing at a CAGR of 5.75% from 2024 to 2032. The market is driven by increased demand from the construction and electrical industries, with amorphous silica being the dominant form used in various applications, including adhesives, sealants, and building materials. North America leads the market, followed by Europe and the Asia-Pacific region, which is expected to grow at the fastest rate due to expanding construction activities.
Key Market Trends & Highlights
The Silicon Dioxide market is witnessing significant growth driven by diverse applications and increasing industrial demand.
- Market Size in 2023: USD 8.74 Billion
- Projected Market Size by 2032: USD 14.58 Billion
- CAGR from 2024 to 2032: 5.75%
- North America holds the largest market share due to technological advancements.
Market Size & Forecast
2023 Market Size: USD 8.74 Billion
2024 Market Size: USD 9.32 Billion
2032 Market Size: USD 14.58 Billion
CAGR (2024-2032): 5.75%
Largest Regional Market Share in 2024: North America.
Major Players
Key players include Evonik Industries AG, PPG Industries Inc., Cabot Corporation, Solvay, American Elements, Wacker Chemie AG, Tokuyama Corporation, Tosoh Corporation, Gelest Inc, and Aluflor AB.
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
- Solvay, American Elements,
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
- 5N (99.999%) & less than 99% purity
Silicon Dioxide Application Outlook
- Food & Pharmaceutical Sealant
Silicon Dioxide End Use Outlook
Silicon Dioxide Regional Outlook
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 8.74 Billion |
| Market Size 2024 |
USD 9.32 Billion |
| Market Size 2032 |
USD 14.58 Billion |
| Compound Annual Growth Rate (CAGR) |
5.75% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Form, Application, End-Use, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
 Evonik Industries AG, PPG Industries Inc., Cabot Corporation, Solvay, American Elements, Wacker Chemie AG, Tokuyama Corporation, Tosoh Corporation |
| Key Market Opportunities |
Growing construction activities |
| Key Market Dynamics |
Increase in adoption of silicon dioxide due to its properties |
Silicon Dioxide Market Highlights:
Frequently Asked Questions (FAQ) :
The Silicon Dioxide Market size was valued at USD 8.74 Billion in 2023.
The market is projected to grow at a CAGR of 5.75% during the forecast period, 2024-2032.
North America had the largest share in the Silicon Dioxide Market.
The key players in the Silicon Dioxide Market are Evonik Industries AG, PPG Industries Inc., Cabot Corporation, Solvay, American Elements, Wacker Chemie AG, Tokuyama Corporation, Tosoh Corporation.
The building & construction category dominated the market in 2023.
The adhesive & sealent had the largest share in the Silicon Dioxide Market.
