The global demand for Specialty Silica Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Specialty silica such as precipitated silica, fumed silica and colloidal silica are used in numerous applications including rubber, plastics, agriculture and feed, food & beverages, as well as oral care. In its application, end markets specialty silica serves numerous purposes, for instance as a matting agent in personal care products, a clarification agent for beer and an impurity remover in food and beverages. In plastics, specialty silica is used during the polymerization process as an anti-blocking agent to prevent polymer layers from sticking to each other. Over the last years, the use of specialty silica as a performance additive in green tires has increased considerably, a trend that is expected to fuel global demand.
Growing demand from rubber and coating industry is one of the major factor that drive the market growth. Furthermore, rising demand for high performance tire from automotive industry and growth in cosmetic and personal care industry are the factors that boost the market growth. Other factors include technological advancements, introduction of various advanced silica derivatives and growing demand of enhanced silica derivatives in various end-use industries in order to manufacture good quality products, rapid growth in urbanization are anticipated to propel the demand in near future. However, availability of substitute may hinder the market growth.
The 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 inclusive assessment of each application/product segment in the global market of specialty silica.
The entire specialty silica market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Precipitated silica
- Silica gel
- Fused silica
- Colloidal silica
- Fumed Silica
- Oral care
- Paints & coatings
This section covers regional segmentation which accentuates on current and future demand for specialty silica market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Specialty 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 specialty silica market include Wacker Chemie AG, TOSOH Corporation, Oriental Silicas Corporation, Kemira Oyj., Evonik Industries, PPG Industries, Inc., Imerys S.A., AkzoNobel N.V., Cabot Corporation, Solvay S.A. and W.R. Grace & Co. This section includes 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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