Silica Price Trend, Index, Chart, Prices, Analysis & Forecast
The Silica market is primarily driven by the transportation sector's robust demand, particularly in heavy-duty vehicles such as trucks, buses, and ships. Silica engines are favored for their higher energy efficiency and torque compared to gasoline engines, making them ideal for long-haul and heavy-load applications. Additionally, the expanding industrial activities, including construction, mining, and agriculture, which significantly contribute to Silica consumption, as Silica-powered machinery is integral to these sectors, is boosting the market growth.
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