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With the chemical formula SiO2, silicon dioxide, usually referred to as silica, is an oxide of silicon that is most frequently found in nature as quartz and in a variety of living things.
Silica makes up the majority of sand in various regions of the world. One of the most diverse and common groups of materials is silica, which can be found naturally as well as in synthesized form. Fused quartz, fumed silica, silica gel, opal, and aerogels are a few notable examples.
It is utilized as an electrical insulator in microelectronics, structural materials, as well as pharmaceutical and food industries.
The construction industry accounts for around 95% of silicon dioxide’s commercial use, for example in the creation of concrete (Portland cement concrete).
For sand casting of metallic products, certain deposits of silica sand with suitable clay and other mineral composition, as well as desirable particle size and form, were crucial.
Due of its high melting point, silica is frequently substituted for other minerals in contemporary sand casting for purposes other than iron casting. Hydraulic fracturing of tight oil and shale gas deposits uses crystalline silica.
The India silicon dioxide market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Given the abundance of natural silicon dioxide available, the silicon dioxide market is anticipated to expand in the coming years. The market for silicon dioxide has expanded as a result of the electrical industry’s expanding need for silicon wafers and the building industry’s growing need for silicon dioxide applications.
The market for silicon dioxide can develop, but it is constrained by the presence of substitutes. On the other hand, throughout the forecast period, the use of silicon dioxide in optical fibers is projected to present potential prospects for the silicon dioxide market.