Fine hydrate is a form of silicon dioxide that possess a variable quantity of water in the chemical formula. Fine hydrate is commonly known as silicic acid, when it is dissolved in water. It can be naturally found in form of opal and mined as a gemstone for centuries. Fine hydrate finds its application in manufacturing of various goods such as toothpaste, paints, and varnishes as well as in production of beer.
Market Dynamics
The global fine hydrate market has witnessed a surge of growth in terms of revenue in recent past years, owing to the rising preferences of industries for usage of non-halogenated flame retardants over halogenated flame retardants across the globe. In addition to this, growing use of fine hydrate in various end-use industries such as automotive, paint & coatings, construction and others has provided lucrative growth to the global fine hydrate market in the recent past years.
On the basis of application, the global fine hydrate market is bifurcated into cable compounds, sheet molding compounds, bulk molding compounds and others. Rising demand for polymers in manufacturing industries coupled with surge in usage of engineering plastics across various end user industries is expected to propel the market growth during the forecast period.
Market Dynamics
The global fine hydrate market has witnessed a surge of growth in terms of revenue in recent past years, owing to the rising preferences of industries for usage of non-halogenated flame retardants over halogenated flame retardants across the globe. In addition to this, growing use of fine hydrate in various end-use industries such as automotive, paint & coatings, construction and others has provided lucrative growth to the global fine hydrate market in the recent past years.
On the basis of application, the global fine hydrate market is bifurcated into cable compounds, sheet molding compounds, bulk molding compounds and others. Rising demand for polymers in manufacturing industries coupled with surge in usage of engineering plastics across various end-use industries is expected to propel the market growth during the forecast period.
Key features of the study:
Detailed Segmentation:
Detailed Segmentation:
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