The environmental silica market comprises silica sand, crushed sand, and ground silica. Silica sand has properties like high silica content, low iron content, and high uniformity which make it suitable for applications in glassmaking, hydraulic fracturing, construction, and foundry etc. It provides benefits like high strength, acid resistance, and thermal shock resistance. There has been increasing demand for silica as a substitute for conventional construction materials due to its green properties.

The Global Environmental Silica Market is estimated to be valued at US$ 2.83 Bn in 2024 and is expected to exhibit a 7.2% CAGR over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the environmental silica market are Voxbone, GENBAND, RingCentral Connect Platform, Brightlink CPaaS Platform, MessageBird, Exotel, Karix Mobile Pvt. Ltd, CALLHIPPO, VCLOUDX PTE LTD, Plivo Inc., Xoxzo Inc., Nippon, BroadSoft Japan KK, NTT Communications Corporation, Telesmart, TWILIO INC., Infobip ltd, Alcatel-Lucent S.A, Amazon Connect, and Ribbon Communications Operating Company, Inc. The major players are focusing on strategic partnerships and mergers to expand their global footprint.

The growing demand from end-use industries like construction, paints and coatings, plastic, and chemicals is expected to propel the Environmental Silica Market Growth during the forecast period. Properties like high strength, acid resistance, and durability have increased its usage in construction materials.

Rising environmental concerns and stringent regulations regarding CO2 emissions are encouraging market players to expand in emerging regions. The Asia Pacific region is anticipated to witness highest growth rate due to the increasing construction activities in China and India. Market players are investing in developing nations to tap the growth opportunities.

Market Drivers

The major driver for the environmental silica market is the increasing demand for green construction materials. Silica is being widely used as a substitute for conventional materials like cement and concrete in construction applications due to its green properties. It requires lower energy consumption for processing and reduces greenhouse gas emissions. Growing cognizance regarding sustainability is escalating the replacement of conventional materials with silica worldwide.