Press release
Global Demand For Fumed Silica Is Anticipated To Reach US$ 2.1 Billion By 2032
Sales of fumed silica accounted for nearly 23% share of the global specialty silica market at the end of 2021. The paints & coatings industry's long-term trade relations with and market players will ensure continuous revenue generation over the years to come.Fumed silica has a wide scope of application in both, matured and budding markets, which supports its sales growth. Ongoing case studies and investments in R&D will lead to new growth opportunities across propelling industries in the world.
The evolving market lures new entrants to establish themselves and grow. This is a threat to existing major players operating in the global market. To remain competitive in the market, companies are adopting ground-breaking strategies to gain traction.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:https://www.factmr.com/connectus/sample?flag=S&rep_id=2301
๐ช๐ต๐ฎ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ ๐ฎ๐ฟ๐ฒ ๐๐ฒ๐ถ๐ป๐ด ๐ช๐ถ๐๐ป๐ฒ๐๐๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐๐๐บ๐ฒ๐ฑ ๐ฆ๐ถ๐น๐ถ๐ฐ๐ฎ?
"Silicone Rubber Driving Industry Growth"
Fumed silica is used as an anti-sedimentation agent during silicone production. It improves storage process ability and stability, comes with a wide hardness range, and provides chemical weather resistance and other beneficial electrical properties.
Owing to these features, its demand in the market is increasing in silicone rubber applications. Silicone rubber enjoys high importance in several sectors, including electronics, construction, adhesives, and sealants, among others.
Moreover, due to its conductive properties, silicone rubber is witnessing an increase in demand from the automotive sector where its use indirectly helps improve fuel efficiency and reduce emissions. Growth of automobile, electronics, construction, adhesive, and sealant sectors will positively affect the sales of fumed silica.
"R&D - Rejuvenating Factor for the Market"
For every industry, research and development always lightens the way towards new opportunities. Similarly, product innovation ensures companies have an advantage over competitors, which also raises the area to rejuvenate mature businesses and compete in new markets. Hence, ongoing research and case studies are creating immense growth opportunities in the market.
Additionally, the fumed silica industry is exploring its application area across various verticals. Paint and coating demand across advancing technologies and its hardware maintain a high growth trajectory for the market.
๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐-๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
๐ช๐ต๐ฎ๐ ๐๐น๐น๐ผ๐๐ ๐๐๐ฑ๐ฟ๐ผ๐ฝ๐ต๐ถ๐น๐ถ๐ฐ ๐๐๐บ๐ฒ๐ฑ ๐ฆ๐ถ๐น๐ถ๐ฐ๐ฎ ๐๐ผ ๐๐ผ๐บ๐ถ๐ป๐ฎ๐๐ฒ ๐๐ต๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ?
According to this study, the hydrophilic segment accounts for a major market share. It is manufactured by hydrolyzing volatile chlorosilanes in an oxyhydrogen flame. It is water soluble and easy to soak completely in it. At high temperatures, this silica exhibits superior insulating qualities.
The use of HFS in non-polar resin systems is significant. It is used in non-polar solvents such as xylene, mineral spirits, and styrene to thicken and reinforce silicone as well as act as a glidant for food and industrial powders.
In such formulations where shelf stability is not a priority, the hydrophilic form sees high adoption. Since it comes at a low cost, hydrophilic is used in a wide range of applications. Additionally, even at low temperatures, it has excellent insulating qualities and high chemical purity.
Further, to improve the dispersion properties of adhesives, the hydrophilic form is used for boat construction. It is an effective anti-caking agent due to its property to absorb the surface water of particles.
๐๐ผ๐ ๐ถ๐ ๐๐๐บ๐ฒ๐ฑ ๐ฆ๐ถ๐น๐ถ๐ฐ๐ฎ ๐จ๐๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐๐ฒ๐ฎ๐น๐๐ต๐ฐ๐ฎ๐ฟ๐ฒ ๐ฎ๐ป๐ฑ ๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ฎ๐น ๐ฆ๐ฒ๐ฐ๐๐ผ๐ฟ๐?
Healthcare and pharmaceutical industries are considered evergreen and highly evolving industries and offer immense opportunities for fumed silica sales growth. In the pharmaceutical industry, the manufacturing of capsules and tablets is a major challenging factor; however, fumed silica helps enhance properties to make the method much easier.
Fumed silica has a wide application; for instance, for tablet production, it acts as an anticaking agent, and it also serves as an adsorbent. It's also used as a glidant or disintegrator to enable the powder to flow freely when tablets are processed. The FDA has recognized this as a safe component.
Fumed silica demand is estimated to grow rapidly across Europe due to its application in the medical industry. In Europe, huge investments are being recorded in the pharmaceutical industry and technological advancements are boosting the market. Such measures are driving the sales of fumed silica and providing high-profit margin opportunities for market players.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐:https://www.factmr.com/connectus/sample?flag=RC&rep_id=2301
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐๐ต๐ฏ๐ผ๐ฎ๐ฟ๐ฑ
Major manufacturers of fumed silica are Evonik Industries AG, Cabot Corp., Dow Chemicals, Wacker Chemie AG, Tokuyama Corporation, OCI Company Ltd., Orisil, and Kemitura A/S.
The growth of end-use industries such as construction, automotive, polymer & plastics, and paints & coatings has created an upsurge in demand for fumed silica, owing to which, prominent manufacturers are focused on the expansion of their production capacity. Furthermore, digital presence also contributes to sales growth and brand recognition.
โข In October 2021, Evonik established its new fumed silica plant in China in a joint venture with Wynca. The produced fumed silica is operated under the brand name AEROSIL.
โข In June 2021, Evonik Industries AG has signed a purchase agreement to acquire privately-owned technology-driven company Infinitec Activos.
โข In May 2021, Cabot Oil & Gas Corp. merged with Cimarex Energy in an all-stock deal that values the combined company at US$ 17 billion.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ:
โข BASF SE
โข Berry Global Inc.
โข CI Takiron
โข Exxon Mobil Corporation
โข Dow Inc.
โข RPC Group PLC
โข RKW Group
โข Trioplast Industries AB
โข Achilles Corporation
โข Ab Rani Plast Oy
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐๐บ๐ฒ๐ฑ ๐ฆ๐ถ๐น๐ถ๐ฐ๐ฎ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Product Type :
โข Hydrophilic Fumed Silica
โข Hydrophobic Fumed Silica
By Application :
โข Silicone Rubber
โข Paints & Coatings
โข Unsaturated Polyester Resins
โข Adhesives & Sealants
โข Healthcare & Personal Care
โข Others
By Region :
โข North America
โข Latin America
โข Europe
โข East Asia
โข South Asia & Oceania
โข MEA
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ -https://www.factmr.com/checkout/2301
๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐
The study offers comprehensive analysis on diverse features, including price point analysis at each product and brand level, consumer survey analysis, social media sentiment analysis, product benchmarking and revenue generation from playroom furniture across the globe.
A comprehensive estimate on the market has been provided, taking into account the revenue of playroom furniture manufacturing companies during the forecast period.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.prnewswire.com/news-releases/polyurethane-sales-to-exceed-us-162-3-bn-by-2032-as-sales-of-automobiles-continues-to-rise-301589867.html
https://www.prnewswire.com/news-releases/burgeoning-demand-for-dental-aesthetics-to-boost-clear-aligners-market-at-32-4-cagr-301589900.html
https://www.prnewswire.com/news-releases/enriched-dough-market-to-cross-us-621-million-by-2032-as-preference-for-highly-nutritional-bakery-products-grows-301590718.html
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