Global Silox Market is forecast to reach USD 11.49 Billion by 2027, according to a new report by Reports and Data. Silox is commonly known as Silica and is found abundantly on Earth's crust. It is present in natural as well as synthetic form. The most common form of the market product is Quartz. It is found in granite and is also one of the main components of sandstone.
Abundant supply of Silox is a major driving factor for the market. The physical and chemical properties of Silox contributes to the versatility of this compound in a variety of commercial applications. Silox has a broad range of usage, including viscosity control agents in paints, inks, coatings, and corrosion-resistance, among others, and as excipients in cosmetics and pharmaceuticals.
Silox is found naturally in many plants, like bell peppers, leafy green vegetables, brown rice, beets, oats, and alfalfa, among others. The herb horsetail also provides a rich natural source of Silox. It was traditionally used by herbalists for healthy nails, skin, and hair. There are some forms of algae that contain considerable levels of absorbable silica and can be used in the preparation of silicon supplements.
The Asia Pacific region is capitalizing on the ample growth opportunity of new product portfolio derived from Silox. Due to the availability of resources and investment platforms, APAC is expected to spur the market growth of Silox.
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Major Companies Operating in the industry and profiled in the report are:
Cabot Corporation, American Elements, Solvay, Tokuyama Corporation, Gelest Inc., Tosoh Corporation, Wacker Chemie AG, Sigma-Aldrich Co. LLC, Golovach Quartz, and Sinosi Group Corporation, among others.
Further key findings from the report suggest:
Silox is commonly used in the food industry. It is used as an anti-caking agent, as it has the property to absorb excess of moisture, and prevents the stocking of the ingredients together. This makes it ideal for application in the manufacturing of salt, spices, and chili powder, among others. It can also be used as an anti-foaming agent, which is used for the production of wine and beer to remove yeast and protein from it.
Quartz is the most widely distributed abundantly found mineral found at Earth's surface. It is very hard in nature, which makes it very durable. The mineral is chemically inert when in contact with most of the substances. It has heat resistance and electrical properties that make it highly applicable in electronic products.
Quartz sand is used in the production of flat plate glass, container glass, specialty glass, and fiberglass. Its color, luster, and diaphaneity make it useful as a gemstone and also in the manufacture of glass.
North America held the major market share in the Silox market. The robust technological development, coupled with the applicability of Silox across various industries, is augmenting the growth of the market.
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The report applies advanced tools such as SWOT analysis and Porter’s Five Forces analysis for an accurate estimation of the market. The statistical data is explained by the means of graphs, charts, diagrams, figures, and tables for an ease of understanding. The report also covers the COVID-19 impact analysis.
The report provides an extensive study on the factors that are projected to create significant opportunities for revenue generation and provide insight into gaining market size. The report gives crucial data about the current and future trends that will influence the market growth for the established companies as well as new entrants.
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Adhesives and Sealants
Printing and Packaging
The regional analysis covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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