Silica Flour Market Analysis By Industry Size, Share, Revenue Growth Demand and Forecast - 2031
The global silica flour market is anticipated to grow at a CAGR of 3.6% during the forecast period. The ongoing market developments by key players are offering an opportunity for market growth. For instance, in June 2022, Brisil Technologies and Lehmann & Voss & Co. signed an agreement to evaluate the commercialization prospects of silica filler derived from biomass. The evaluation relates to elastomer applications and is limited to Europe. The increasing production capacity by the prominent players operating in the global silica flour market is further contributing to the market growth.
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For instance, in July 2020, AGSCO Corp. announced the expansion of its warehousing capacity, which is based in Illinois, the US. This will support the company improve its current turnaround capabilities and keeping highly demanded materials in stock. In addition, AGSCO is aiming to gain new customers with improved capacity.
Further, in July 2019, U.S. Silica Holdings, Inc. purchased a former ceramic proppant facility in Millen, GA that will be converted into manufacturing high-end products for the Company's Industrial and Specialties Products (ISP) business. The acquisition of the Millen facility has enabled the company to expand its capacity to meet growing customer demand for some of ISP's most successful and most profitable new products.
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Market Coverage
o By Type
o By End-User Industry
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Silica Flour Market Report by Segment
By Type
By Application
Global Silica Flour Market Report by Region
North America
Europe
Asia-Pacific
Rest of the World
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