Specialty Silica has wide applications in electronic components, paints & coatings, cosmetic products as well as personal care, rising implementation of specialty silica for chemical mechanical polishing is pushing the market evolution.
JERSEY CITY, N.J., Oct. 18, 2021 /PRNewswire/ — Verified Market Research recently published a report, “Specialty Silica Market” By Product (Precipitated Silica, Silica Gel, Fused Silica, Colloidal Silica), By Application (Agrochemicals, Oral Care, Food, desiccants, Paint & Coatings), and By Geography. According to Verified Market Research, the Global Specialty Silica Market size was valued at USD 6.01 Billion in 2020 and is projected to reach USD 14.07 Billion by 2028, growing at a CAGR of 10% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=42183
Browse in-depth TOC on “Specialty Silica Market“
202 – Pages
126 – Tables
37 – Figures
Global Specialty Silica Market Overview
Specialty silica has a low rolling resistance property and hence it is used as a performance additive in the tire industry. Glossy effect on the skin due to the application of cosmetics can be removed by using specialty silica as a matting agent. It can be used as a polishing agent, abrasive, and clarification agent as well. Specialty silica can also be used as an anti-blocking agent to avoid polymer layer from sticking each other during polymerization.
Rolling resistance of the tires can be reduced by further enhancing the grip when specialty silica is combined with tire rubbers, hence decreasing the fuel consumption. This is likely to fuel the market during the forecasted period. Property of specialty silica to act as an anti-blocking agent, anticaking agent, polishing agent, clarification agent, etc. is expected to boost the market in the coming years. Increasing demand for cosmetic and oral care products will also act as growth contributing factor to the market.
Rising investment by new players and launch of new and novel silica provides opportunities to the market. Specialty silica filler is very hard and that causes wear in polymer processing tool. Furthermore, the presence of cost-effective substitute of colloidal silica and silica gel is also expected to hinder the market development. Moreover, the availability of alternatives and sluggish growth in industries like paints and paper may act as restraining factors of the market.
Key Developments in Specialty Silica Market
- In August 2019, Evonik Business line silica has introduced one new product for the oral care and the product is named as SPHERILEX 145, which is launched to achieve high cleaning level while offering lower abrasion to enamel as well as other oral hardware.
- In April 2019 BASF declared to invest euro million amounts in the development of silica plant at Dusseldorf-Holthausen site. This type of development leads to motivate the specialty silica market over the forecast period.
The major players in the market are Evonik Industries, Akzo Nobel N.V., Cabot Corporation, Wacker Chemie AG, PPG Industries, Inc, Huber Engineered Materials, Solvay S. A, W.R.Grace & Co, Nalco Holding Company, BASF and Madhu Silica Private Limited.
Verified Market Research has segmented the Global Specialty Silica Market On the basis of Product, Application, and Geography.
- Specialty Silica Market, By Product
- Precipitated Silica
- Silica Gel
- Fused Silica
- Colloidal Silica
- Fumed Silica
- Specialty Silica Market, By Application
- Oral Care
- Paints & Coatings
- Specialty Silica Market by Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
Browse Related Reports:
Supplementary Cementitious Materials Market By Product (Ferrous Slag, Fly Ash, Silica Fumes), By Geography, Forecast, 2021-2028
Industrial Insulation Market By Form (Pipe, Blanket, Board), By Material (Mineral Wool, Calcium Silicate, Plastic foams), By End Use Industry (Power, Oil & Gas, Cement), By Geography, Forecast, 2021-2028
Chemical Separation Membranes Market By Product Type (PTFE Membranes, EPTFE Membranes, Polypropylene Membranes, Silica Membranes), By Application (Water Purification, Food and Beverages, Oil and Gas, Pharmaceuticals, Ink and Coating), By Geography, Forecast, 2021-2028
Thermal Barrier Coatings Market By Product (Metal, Ceramic, Intermetallic), By Technology (High Velocity Oxy-fuel, Chemical Vapor Deposition, Air Plasma), By Application (Stationary Power Plants, Aerospace, Automotive), By Geography, Forecast, 2021-2028
5 leading Silicon Carbide Semiconductor Manufacturers at global stage
Visualize Specialty Silica Market using Verified Market Intelligence:-:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Follow Us: LinkedIn | Twitter