The latest research report on Precipitated Silica Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Precipitated Silica Market is valued at USD 1.89Billion in 2018 and expected to reach USD 3.13Billion by 2025 with the CAGR of 7.5% over the forecast period.
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Precipitated silica is active substance as an anti-caking agent within the food industry. Precipitated silica is used to reinforce bond strength and used as a thickening agent. The substance also imparts uniformity to irregularly shaped particles and absorbs ambient moisture and oils from food particles. Precipitated silica products are used as high-performance flatting agents, thickening agents and anti-corrosion pigments to enhance the performance, workability and sustainability of coatings, paints, inks, adhesives, and sealants. It is also used as afoodadditive like anticaking agent to avoid clumping. Further, it is used as in supplements, to prevent the varied powdered ingredients from sticking together.
Precipitated silica market report is segmented on the basis of grade, application, end-use industryand by regional & country level.On the basis of grade, the global precipitated silica market is classified into rubber grade, food grade, and non-rubber grade. Based upon application, the global precipitated silica market is classified into additives, free-flow and carrying agents, thickening agents, anti-caking agents, battery separators, and others. Based upon end-use industry, the global precipitated silica market is classified into the rubber industry, food & feed, paints & coatings, adhesives & sealants, personal care & cosmetics, and others.
The regions covered in this precipitated silica market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of precipitated silica is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players Industrial CoatingsMarketReports-
Precipitated silica market report covers prominent playersareMadhu Silica Pvt. Ltd, Evonik Industries AG Agile Nobel, Inc, Brisil, Solvay S.A., OryzasilSilicasNaturais, PPG Industries, CIECH Group , W. R. Grace & Co., Tata Chemicals Ltd., Oriental Silicas Corporation and Others.
CIECH Group will produce more glassy sodium silicate used, among others, in the tire and cosmetics industries
News:July13 2018 –The CIECH Group announced that the company is predicted to extend its production capacity of soluble glass as a key material that’s used to produce precipitated silica within the tire and cosmetics industries. CIECH has become one among the most important European producers of sodium silicates. This material is especially used for the assembly of precipitated silica utilized in the rapidly growing tire industry, also as in paper or detergents industries.
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PPG to increase precipitated silica production capacity in North America
News:Jan. 7, 2016 – PPG Industries announced production capacity of precipitated silica increasing by more than 10,000 tons per year in response to growing demand at its Lake Charles, Louisiana, manufacturing plant. In addition, performance silica is a high-value technology platform of chemically modified precipitated silica that can improve the performance of products. It can also drive manufacturing efficiencies by reducing capital, improving throughput and reducing VOC emissions.
Precipitated Silica Market Dynamics –
Increasing demand for paints & coatings and rubber from the construction and automotive industryin emerging economiesis key impacting factors deriving the growth of the global precipitated silica market. In addition, precipitated silica is used as industrial coatings to protect walls, floors, and roofs against heavy rainfall, strong wind and snowfall due to these properties the demand of precipitated silica will increase.Moreover, rise in investment in the global construction sector, Growing personal care & cosmetics industry , food industry, rising disposable income, increasing middle-class population, and rapid urbanization; these factors will increases the precipitated silica market growth in forecast period.According to the Our World in Data, more than 4 billion people live in urban areas across the globe.However, high cost with limited resources of raw materials and stringent government rule & regulationwill hamper the development of precipitated silica market. However, innovative advancement in industrial sectors and the increasing investment in research and development are expected to boost the opportunity for the growth of precipitated silica market.
Precipitated Silica MarketRegional Analysis –
The Asia Pacific is expected to dominate the global precipitated silica market as the fastest-growing regional market over the forecast period with due torapid industrialization,investment in construction and infrastructural development and growing automotive industry in the region. In addition, growing consumption of industrial coatings in oil and gas industries in the major countries like Saudi Arabia, the UAE, and Turkey are contributing to regional market growth in forecast period. According to The American Coatings Association (ACA), the third largest export market for U.S. paint and coatings products was China at USD 100 million in 2017. Further, due to growing demand for cosmetics products,oral care products and rapidly growing automotive industryand increasing awareness related to personal hygiene & cleanliness is expected to enhance market growth in this region. China and India are projected to experience vigorous growth followed by other South East Asian countries due to high population provides a significant customer base for personal care, cosmetic, and beauty products. For example, China only spends USD 24 per person annual on personal care and cosmetics products, whereas South Korea and Japan spend USD 171 and USD 174 annually.
North America is second largest market for precipitated silica market due to rising awareness among the people about advanced development in coatings like low polluting coating technologies, rapid economic recovery, growth in urbanization and increase in government efforts to enhance industrial infrastructure. According to The American Coatings Association (ACA), there were over 46,900 paint and coatings establishments in the United States in 2016. As per ACA, The U.S. paint and coatings industry exports to Canada (USD1.3 billion) and Mexico (USD588 million) totaled USD1.6 billion combined in 2017.
Key Benefits for Precipitated Silica Market Reports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identifopportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
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Precipitated Silica Market Segmentation –
Free-Flow and Carrying Agents
By End-Use Industry:-
Food & Feed
Paints & Coatings
Adhesives & Sealants
Personal Care & Cosmetics
By Regional & Country Analysis:- (North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1 Study Coverage
1.1 Precipitated Silica Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Precipitated Silica Market Size
2.2 Precipitated Silica Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Precipitated Silica Markets & Products
3 Market Size by Manufacturers
3.1 Precipitated Silica Production by Manufacturers
3.2 Precipitated Silica Revenue by Manufacturers
3.3 Precipitated Silica Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Precipitated Silica Production by Regions
4.1 Global Precipitated Silica Production by Regions
4.2 North America
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