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Specialty Silica Market Size - Industry Share Report 2017-2024


Global Specialty Silica Market is driven by the rising demand for oral care and cosmetic products in developing countries in the forecast 2016 to 2024. – PowerPoint PPT presentation

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Title: Specialty Silica Market Size - Industry Share Report 2017-2024

Specialty Silica Market Size, Share, Industry
Outlook Forecast 2017-2024
Global Market Scenario of Specialty Silica
  • Global Specialty Silica Market size is likely to
    witness a prominent growth, expanding at a
    moderate CAGR over the forecast period. Specialty
    silica, chemical name silicon dioxide, is largely
    available in nature as quartz. Specialty silica
    is used in wide range of industries including
    paints coatings, rubber, personal care
    cosmetics, electronic components, refractories,
    food beverage and plastics.
  • Enormous investments in research development
    along with technological advancements for cost
    competitive product manufacturing, is expected to
    have a positive influence on the global specialty
    silica market size by 2024. Regulatory approvals
    by numerous associations such as U.S Department
    of agriculture and FDA pertaining to the product
    use in food beverage industry will be the
    factor driving specialty silica market size in
    the forecast period.

  • The rising demand for oral care and cosmetic
    products in developing countries, will be
    escalating the specialty silica market size in
    the coming years. For instance, the global
    cosmetic industry sales in likely to expand at
    over 5 CAGR from 2017 to 2024. Furthermore, due
    to the abrasion resistance and high tensile
    strength of the product, it is highly desirable
    in rubber industry.
  • Reasons to Buy This Report
  • 1. Specialty Silica Market size share
    forecast by product application
  • 2. Growth drivers, pitfalls industry
  • 3. Key Specialty Silica Market growth
    opportunities emerging business models
  • 4. Competitive benchmarking with market
    share analysis and company profiles
  • Based on the product, the global specialty silica
    market share is segmented into fumed,
    precipitated, colloidal, fused silica and silica
    gel. Precipitated silica was the major product
    segment in 2016. It is widely used as a
    performance additive to increase wear resistance
    and wet grip capabilities in industrial and
    automotive tires.

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Research Methodology
Regional and Competitive Insights
  • The specialty silica market size, in terms of
    demand and production is led by the Asia Pacific.
  • India, china, south Korea and Japan are the main
    consumers of product due to rising demand of the
    paints coatings in automobile and construction
    industry, which has perpetually influenced the
    specialty silica market size.
  • Also, automobile manufacturers in Asia Pacific
    are actively moving towards green tire
    development and pursuing it as future business,
    thus propelling the product demand in the near
  • North America is the second biggest consumer of
    the product. This can be attributed to their high
    efficiency and increasing application scope in
    green tire development.

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Competitive Insights
  • The major players functional in the specialty
    silica market share are AkzoNobel, PPG
    Industries, Solvay, Cabot Corporation, Madhu
    Silica Private Limited, Huber Engineered
    Materials, Tokuyama Corporation, Evonik
    Industries, W. R Grace Company and Nalco
    Holding Company.
  • On account of growing demand from tire rubber
    industry, Evonik Industries began with production
    of precipitated silica at their new plant in
    Essen, USA in 2015. Likewise, Evonik and PPG
    Industries also announced new site for production
    of precipitated silica in 2016. Solvay launched
    highly dispersible silica (HDS) in 2015, that
    enhances performances in tires by saving energy.

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Latest Research Report On Specialty Silica
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sis/specialty-silica-market Request Table of
Contents of this report_at_ https//www.gminsights.c
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