PyroGenesis Inc T.PYR

Fumed silica is huge!

[Thinkbigsti69]

@MyBuddyy That fumed silica is a huge huge market. We focus on battery and 3D printing applications but fumed silica is in EVERYTHING. Like the guy that made a fortune buying buttons for $0.01 and selling them for $0.02. Volume = money

[developbc]

Fumed silica is a white microstructure powder with high surface area and low bulk density. Its commercial applications have applicability in many industries including, but not limited to, personal care, pharmaceuticals, agriculture (food & feed), adhesives, sealants, construction, batteries and automotive. The demand for fumed silica is growing at 5.5% CAGR, with a global addressable market of

[TheShare]

Sorry developbc Is this calculation really correct? I think there is sth. wrong Either the CAGR percentage or the increase in 7 years from a small million to a billion market? But if it is ok I would be fine GLTA

[TheShare]

Ok it is explained on ceo.ca Go PYR

[TheShare]

https://www.marketsandmarkets.com/Market-Reports/fumed-silica-market-103347608.html#:~:text=fumed%20silica%20market%3F-,The%20global%20fumed%20silica%20market%20size%20is%20projected%20to%20grow,5.1%25%20from%202021%20to%202026.&text=The%20growth%20of%20the%20fumed%20silica%20market%20is%20attributed%20to,%2C%20particularly%20for%20silicone%20elastomers.%20

[developbc]

Yes immediately assumed million should be billion with a B :) ...but I just quoted the press release for simplicity.  Long and strong PYR!!!!

[developbc]

“We are pleased to receive this FINAL TRANCHE of funding from a second government agency which further solidifies and validates the importance of this project to various government agencies. This process, if successful, will create an alternative solution that would eliminate the toxic by-products of legacy systems while reducing GHG emissions by approximately 90%,” said M. P. Peter Pascali, CEO