Fumed Silica Market by Type, Application And Region - Global Forecast to 2022

Fumed Silica Market by Type, Application And Region - Global Forecast to 2022

  • June 2017 •
  • 197 pages •
  • Report ID: 4970264 •
  • Format: PDF
The fumed silica market is projected to grow at a CAGR of 7.1% during the forecast period, in terms of value
The fumed silica market is projected to reach USD 2.26 billion by 2022, at a CAGR of 7.1% from 2017 to 2022. The growth of this market is mainly attributed to the rising awareness regarding the benefits of fumed silica in varied applications, such as paints & coatings and inks, adhesives & sealants, pharmaceuticals, UPR, gel batteries, and lighting, among others. Owing to the increasing applicability of fumed silica, its demand is growing significantly across the Asia-Pacific, Europe, and North America. However, the high price of fumed silica is restraining the growth of the fumed silica market. Emerging countries such as India, China, and Brazil are considered to be price sensitive markets, and thus, they prefer the adoption of cheaper alternatives to fumed silica.

The paints & coatings and inks application represents the bulk of the demand for fumed silica
Fumed silica is increasingly utilized in the paints & coatings and inks application, owing to its high-performance properties.It is used for printing inks, water-based paints, and powder coatings.

Fumed silica acts as a rheology modifier, thickener, free-flow agent, viscosity modifier, and anti-settling and anti-corrosive agent.

The hydrophobic fumed silica segment is projected to witness the highest growth during the forecast period, in terms of volume
Fumed silica is produced by the vapor-phase hydrolysis of silicon tetrachloride in a hydrogen-oxygen flame.The obtained product is hydrophilic fumed silica, which when treated with silanes results in the formation of hydrophobic fumed silica.

Although hydrophilic fumed silica is increasingly utilized owing to its low cost, the demand for hydrophobic fumed silica is expected to grow in the near future, due to its excellent properties and wide applicability across varied end-use industries.

The fumed silica market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period
Asia-Pacific is the largest market for fumed silica, in terms of volume, followed by Europe and North America.End-use industries such as building, construction, and automobiles, among others, represent the bulk of the demand for fumed silica in the Asia-Pacific region.

Furthermore, expansion of end-use industries in emerging countries of the Asia-Pacific region has contributed to the growth of the fumed silica market.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:
• By Company Type: Tier 1 (43%), Tier 2 (43%), and Tier 3 (14%)
• By Designation: C Level (42%), D Level (29%), and Others (29%)
• By Region: North America (43%), Europe (29%), Asia-Pacific (14%), Middle East & Africa (8%), and South America (6%)

Key players profiled in the report include Evonik Industries (Germany), Cabot Corporation (U.S), Wacker Chemie AG (Germany) Tokuyama Corporation (Japan), China National Bluestar (Group) Co., Ltd. (U.S.), Applied Material Solutions, Inc. (U.S), Chifeng Shengsen Silicon Technology Development Co., Ltd. (China), Kemitura A/S (Denmark), Orisil (Ukraine), Cargill, Inc (U.S.), AGSCO Corporation (U.S), Heraeus Quarglas GmbH & Co. KG. (Germany), Guangzhou GBS High-Industry Co, Ltd. (China), China-Henan Huamei Chemical Co., Ltd. (China), Dongyue Group Co., Ltd. (China), Dalian Fuchang Chemical Co., Ltd. (China), China Silicon Corporation Ltd. (China), Fuji Silysia Chemical Ltd. (China), Gelest, Inc. (U.S), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China), Power Chemical Corporation Ltd. (PCC) (Korea), Yichang CSG Polysilicon Co., Ltd. (China), Henan Xunyu Chemical Co., Ltd. (China), Inner Mongolia Sucon Silicone Co., Ltd. (China), and Zhejiang Fushite Silicon Material Co., Ltd. (China).

Study Coverage
This report covers the fumed silica market, in terms of volume and value, and forecasts the market size till 2022.The report includes market segmentation based on type, application, and region.

It also provides company profiles and competitive strategies adopted by key players in the fumed silica market.

Key benefits of buying the report:
This research report is focused on various levels of analysis—industry trends, market share analysis of key players, supply chain analysis, and company profiles, which together comprise and discuss the overall views on the competitive landscape; emerging and high-growth segments of the fumed silica market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.