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Global Demand For Fumed Silica Is Anticipated To Reach US$ 2.1 Billion By 2032

11-14-2022 05:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fumed Silica Market

Fumed Silica Market

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:https://www.factmr.com/connectus/sample?flag=S&rep_id=2301

๐—ช๐—ต๐—ฎ๐˜ ๐—ง๐—ฟ๐—ฒ๐—ป๐—ฑ๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—•๐—ฒ๐—ถ๐—ป๐—ด ๐—ช๐—ถ๐˜๐—ป๐—ฒ๐˜€๐˜€๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—™๐˜‚๐—บ๐—ฒ๐—ฑ ๐—ฆ๐—ถ๐—น๐—ถ๐—ฐ๐—ฎ?

"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.

๐—–๐—ฎ๐˜๐—ฒ๐—ด๐—ผ๐—ฟ๐˜†-๐˜„๐—ถ๐˜€๐—ฒ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€
๐—ช๐—ต๐—ฎ๐˜ ๐—”๐—น๐—น๐—ผ๐˜„๐˜€ ๐—›๐˜†๐—ฑ๐—ฟ๐—ผ๐—ฝ๐—ต๐—ถ๐—น๐—ถ๐—ฐ ๐—™๐˜‚๐—บ๐—ฒ๐—ฑ ๐—ฆ๐—ถ๐—น๐—ถ๐—ฐ๐—ฎ ๐˜๐—ผ ๐——๐—ผ๐—บ๐—ถ๐—ป๐—ฎ๐˜๐—ฒ ๐˜๐—ต๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ?

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.

๐—›๐—ผ๐˜„ ๐—ถ๐˜€ ๐—™๐˜‚๐—บ๐—ฒ๐—ฑ ๐—ฆ๐—ถ๐—น๐—ถ๐—ฐ๐—ฎ ๐—จ๐˜€๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—›๐—ฒ๐—ฎ๐—น๐˜๐—ต๐—ฐ๐—ฎ๐—ฟ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ฃ๐—ต๐—ฎ๐—ฟ๐—บ๐—ฎ๐—ฐ๐—ฒ๐˜‚๐˜๐—ถ๐—ฐ๐—ฎ๐—น ๐—ฆ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€?

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.

๐—š๐—ฒ๐˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฆ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€:https://www.factmr.com/connectus/sample?flag=RC&rep_id=2301

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐——๐—ฎ๐˜€๐—ต๐—ฏ๐—ผ๐—ฎ๐—ฟ๐—ฑ

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.
โ€ข 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.
โ€ข In June 2021, Evonik Industries AG has signed a purchase agreement to acquire privately-owned technology-driven company Infinitec Activos.
โ€ข 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.

๐—ž๐—ฒ๐˜† ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐—น๐—ฒ๐—ฑ:

โ€ข BASF SE
โ€ข Berry Global Inc.
โ€ข CI Takiron
โ€ข Exxon Mobil Corporation
โ€ข Dow Inc.
โ€ข RPC Group PLC
โ€ข RKW Group
โ€ข Trioplast Industries AB
โ€ข Achilles Corporation
โ€ข Ab Rani Plast Oy

๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—™๐˜‚๐—บ๐—ฒ๐—ฑ ๐—ฆ๐—ถ๐—น๐—ถ๐—ฐ๐—ฎ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต

By Product Type :
โ€ข Hydrophilic Fumed Silica
โ€ข Hydrophobic Fumed Silica

By Application :
โ€ข Silicone Rubber
โ€ข Paints & Coatings
โ€ข Unsaturated Polyester Resins
โ€ข Adhesives & Sealants
โ€ข Healthcare & Personal Care
โ€ข Others

By Region :
โ€ข North America
โ€ข Latin America
โ€ข Europe
โ€ข East Asia
โ€ข South Asia & Oceania
โ€ข MEA

๐—™๐—ผ๐—ฟ ๐—ถ๐—ป-๐—ฑ๐—ฒ๐—ฝ๐˜๐—ต ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€, ๐—•๐˜‚๐˜† ๐—ก๐—ผ๐˜„ -https://www.factmr.com/checkout/2301

๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜†

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.

๐—™๐—ผ๐—ฟ ๐— ๐—ผ๐—ฟ๐—ฒ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€:

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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Email: sales@factmr.com

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