The global demand for Colloidal Silica Market is presumed to reach the market size of nearly USD 2.25 MN by 2028 from USD 1.53 MN in 2021 with a CAGR of 5.7% under the study period 2022 - 2028.
Colloidal silica lowers the solubility and pH of the binder, reduces alkalinity, and helps paint be more weather-resistant. Colloidal silica is used in various industries, including building and construction, pharmaceutical, cosmetic and personal care, and pulp and paper. Colloidal silica is extensively used for electro-polishing to remove microscopic layers of metal particles from surfaces. Colloidal silica is finding important use in the electronics & semiconductor industries, wherein it plays an important role in manufacturing ultra-flat, uniform, and low detection surfaces for semiconductors.
Market Dynamics
The use of colloidal silica liquid as an active chemical ingredient in developing types of pharmaceutical tablets is considered a key factor for market growth. Moreover, the growing electronics & semiconductor industry is expected to drive the colloidal silica market soon. Also, paints & coatings and paper & pulp industries are expected to pave the way for market growth in the coming years. The rising popularity of green tires is estimated to amplify growth opportunities in the global colloidal silica market. In addition, stringent government regulations on the use of protective coatings have fueled the use of green layers in the automotive industry, which has benefited the colloidal silica industry. However, the high price volatility of the raw materials used in manufacturing colloidal silica may limit the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of colloidal silica. The growth and trends of colloidal silica industry provide a holistic approach to this study.
Market Segmentation
This section of the colloidal silica market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Alkaline Colloidal Silica
- Acidic Colloidal Silica
- Modified Colloidal Silica
- Ordinary Colloidal Silica
By Application
- Investment Casting
- Paints And Coatings
- Refractories
- Textiles And Fabrics
- Polishing
- Catalysts
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Colloidal Silica market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Colloidal Silica Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the colloidal silica market include Fuso Chemical, Nouryon, Grace, Nissan Chemical, Guangdong Well-Silicasol, Nalco, Merck, Evonik Industries, Yinfeng Silicon, Chemiewerk Bad Köstritz, Liyi Kehan Silicon Products, Qingdao Haiyang Chemical, Hubei Yulong Chemical, Zhejiang Yuda Chemical, Remet, Adeka, Nyacol, YIMING, Qingdao FSK Foundry Materials, Fuzhou Sanbang Silicon Material. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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