Silicon dioxide price October 2024 and outlook (see chart below)
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Silica/Silicon dioxide price index
This post is a summary of the Silica or Silicon dixoide price developments. The price developments of Silica are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Silica price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Silica prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Silica prices
- Recent price developments of underlying feedstocks which drive the price of Silica
- Market futures for both cost drives and feedstocks of Silica prices
- Adjustment of current supply/demand imbalances in the Silica market
- Longer term trends in likely demand conditions
Further information on Silicon dixoide price index
Here is some further information
What is silicon dioxide
Silicon dixoide, also known as silica or SiO2, is a naturally occurring chemical compound that is composed of silicon and oxygen atoms. It is the most abundant mineral in the Earth’s crust, and it is found in a variety of forms, including sand, quartz, and flint.
Silica has a number of important properties that make it useful in a variety of applications. It is a very hard and durable material, and it is resistant to heat, chemicals, and other environmental factors. It is also an excellent insulator, both thermally and electrically.
In its crystalline form, silica is used to make glass, ceramics, and abrasives. In its amorphous form, it is used as a filler in rubber, plastics, and paint, and it is also used as an absorbent in the food and pharmaceutical industries.
Overall, silica plays a vital role in many different industries and is an important component of many products that we use every day.
How is Silicon dioxide produced
There are several ways to produce silicon dioxide, depending on the desired purity and form of the final product.
One method of producing silicon dioxide is to purify naturally occurring sand. This involves grinding the sand to a fine powder and separating the individual silicon dioxide particles using various physical and chemical processes, such as washing, sedimentation, and magnetic separation.
Another method of producing silicon dioxide is to react silicon with oxygen in a high-temperature furnace. This process, known as the arc furnace process, can produce high-purity crystalline silicon dioxide, which can be used to make glass, ceramics, and other products.
A third method of producing silicon dioxide involves reacting silicon with carbon and chlorine gas in a furnace, which produces silicon tetrachloride. This compound can then be purified and hydrolyzed to produce amorphous silica, which is used as a filler in rubber, plastics, and paint, and as an absorbent in the food and pharmaceutical industries.
Overall, the production of silicon dioxide involves purifying naturally occurring sand or synthesizing the compound through chemical reactions in a furnace.
What is Silica used for
silicon dioxide, also known as silica or SiO2, is a naturally occurring chemical compound that has a variety of uses due to its unique physical and chemical properties. Some of the main uses of silica include:
Glass production
Sisilicon dioxide is a key ingredient in the production of glass. When melted and cooled, silica forms a clear, transparent material that is used to make a wide variety of glass products, including windows, bottles, and automotive glass.
Ceramics
Silica is used to make ceramics, including tiles, bricks, and pottery. It is also used as a raw material in the production of refractory materials, which are used to line furnaces and other high-temperature equipment.
Construction materials
Silica is used to make concrete and cement, which are important building materials. It is also used as an abrasive in sandpaper and other abrasive products.
Electronics
Silica is used in the production of semiconductors, which are essential components of electronic devices such as computers and smartphones.
Food and pharmaceuticals
Silica is used as a flow agent in the production of food and pharmaceuticals, helping to improve the flow properties of powders and granules. It is also used as an absorbent in these industries.
Overall, silica has a wide range of uses due to its unique physical and chemical properties, and it plays a vital role in many different industries.
Further reading
Silicon dioxide market information
It is difficult to quantify the size of the global silicon dioxide market with precision, as it depends on the demand for silica-based products and the price of silica at any given time. However, silica is a widely used material that plays a vital role in many different industries, including construction, glass manufacturing, and electronics.
According to data from Mordor Intelligence, the global silica market was valued at $7.87 billion in 2020, and it is expected to reach $10.59 billion by 2025, growing at a compound annual growth rate of 5.6%. The Asia-Pacific region is the largest market for silica, followed by Europe and North America.
Silica is used in a wide variety of products, including glass, ceramics, abrasives, concrete, electronics, and food and pharmaceuticals. As such, the size of the silica market is influenced by the demand for these products, as well as by factors such as the cost of raw materials, production costs, and economic conditions.
According to https://oec.world/ :
Silicon dioxide are the world’s 1038th most traded product.
In 2020, the top exporters of Silicon dioxide were China ($570M), Germany ($459M), Japan ($264M), United States ($203M), and France ($145M).
In 2020, the top importers of Silicon dioxide were United States ($226M), China ($187M), Germany ($173M), France ($133M), and Japan ($132M).
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