The new report by Expert Market Research titled, ‘Global Cristobalite Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Global Cristobalite market, assessing the market based on its segments like form, application, and major regions like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2015-2026)
- Historical Market Size (2020): USD 33.5 million
- Forecast CAGR (2021-2026): 4.3%
- Forecast Market Size (2026): USD 43.2 million
The global Cristobalite market witnessed modest growth in the historical period, due to increased demand from construction, paint, and coatings sector.
Industry Definition and Major Segments
Cristobalite is a silica mineral polymorph that forms at exceptionally high temperatures. It has the same chemical formula as quartz but has a unique crystal structure. Cristobalite is utilised in dentistry as a component of alginate impression materials and in the fabrication of tooth models. Its main component is Opal. It is stable at 1470 degrees Celsius, but it can crystallise and retain metastability at lower temperatures. Cristobalite is found in acidic volcanic rocks as white octahedral or spherulites.
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By form, the market is segmented into:
- Sand
- Milled Flour
By application, the market is bifurcated into:
- Construction Activities
o Cement Manufacturing
o Flooring
o Roofing
o Road Building
- Glass and Ceramics
- Paints and Coatings
- Foundry Casting
- Sports and Leisure Goods
- Metallurgical Application
- Industrial Chemicals
- Oil Field Chemicals
- Others
The regional market for Cristobalite includes:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
Geographically, the Asia Pacific holds the largest market share, and in the forecast period this region will continue to dominate the market shares. Rapid urbanisation, increased investments and setting up of factories and support services in developing countries like India, China, Japan, are some of the key drivers propelling this region’s market. The European regions are anticipated to showcase decent CAGR growth in the forecast period, owning to presence of manufacturing plants of adhesives, plastics, paints and coatings manufacturers.
Significant growth of construction sector, the use of cristobalite is ever increasing. As exterior walls are constantly exposed to dust particles, key market players are leveraging the productive opportunity generated by the growing demand for dust resistant exterior painted materials, with an ever-increasing emphasis on improving the aesthetic charisma of homes and business complexes, primarily in Asia and Africa. Furthermore, the increasing customer preference for white countertops, as well as the use of cristobalite in paint and coating applications as a premium and superior add-on, have a significant impact on the increase of manufacturing capacity and innovations. The increasing demand for titanosilicates, including cristobalite, as a result of membrane technology used in water purification, petrochemical, and pharmaceutical industries, as well as an increase in catalysts and automotive applications, are a few of the factors that are expected to drive the growth of the cristobalite market over the forecast period.
Key Market Players
The major players in the global market involve SCR-Sibelco NV, C.E.D. Process Minerals, Inc., Hoben International Limited, Goldstar Powders Pvt. Ltd., Silmer SA, Quarzwerke GmbH, Lianyungang Changtong Silica Powder Co., Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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