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Silica Fume Market Size Forecast to Reach $701 6 Million by 2025

Silica Fume Market Size Forecast to Reach $701.6 Million by 2025 The Rise in Population Globally Has Led to Increase Demand Which Will Lead to Increase in Supply Chain of Silica Fumes Market in Near Future. Silica Fume Market BriefingWire.com, 4/08/2021 - Silica Fume Market size is forecast to reach $701.6 million by 2025, after growing at a CAGR of 4.5% during 2020-2025. Silica Fume is a fine powder made from the byproduct of silicon metal or ferrosilicon alloys in electric arc furnace. It is widely used in concrete applications as it improves its properties, such as strength, resistance, and bonding. The companies are adopting various strategies and investing a lot in R&D to develop technical advancement in the silica fumes. However, the pandemic has turned to be the biggest challenge for the market in 2020.

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