Silica Analyzers Market size was over USD 141.58 million in 2024 and is projected to reach USD 263.68 million by 2037, growing at around 4.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of silica analyzers is assessed at USD 147.13 million.
The main reason behind the expansion of the silica analyzers' market share is the increasing power demand worldwide. For instance, according to the World Data Organization’s report, in 2021 and 2022, electricity generated from fossil fuels met 45% and 40% of the additional demand, respectively, with the remaining electricity coming from nuclear power. The global population is expanding and people are becoming wealthier, which is driving up energy consumption in many countries.
Author Credits: Rajrani Baghel
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