Fumed Silica Market analysis and trends report for 2019 - 2025

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Fumed Silica Market to Accrue Commendable
Proceeds Over 2019-2025
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Global Market Scenario of Fumed Silica Industry

• Based on estimates by a Global Market Insights,
  Inc. report, the worldwide fumed silica market
  share is expected to surpass 1.5 billion over
  2025.
• Broad application scope across myriad sectors
  including pharmaceuticals, cosmetics, food
  beverage and electronics, etc., will drive fumed
  silica market size.
• The product has multiple functionalities
  including a rheology modifier, desiccant,
  thickening agent, anti-sagging agent, viscosity
  controller and anti-caking agent, among others,
  designed to enhance the productivity of other
  products.
• Emerging trends in drug manufacturing activities
  in tandem with the improving capsule and drug
  performance characteristics are likely to
  stimulate fumed silica market demand.
• The product is used often for drug manufacturing
  in order to enhance flow properties and mitigate
  any issues pertaining to compaction or
  non-uniformity, the latter of which is a common
  obstacle for the pharmaceutical industry.

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• The product enhances bond strength in capsules
  and tablets and aids in particle rearrangement.
  Additionally, it helps avoid bridging and reduces
  friction and statics charges. Industry growth is
  bolstered by the significant surge in
  pharmaceutical production, stemming from the
  rising financial interest from pharma companies
  towards RD efforts for efficient drug
  manufacturing activities.
• The paints, coatings and inks application segment
  is poised to surpass over 50 kilo tons
  consumption by 2025. Robust development in the
  segment is largely due to increased product
  utilization in enhancing the rheological and
  thixotropic properties of paints coatings
  products. Fumed silica avoids the sagging of
  paints applied to vertical surfaces and minimizes
  the risk of corrosion of the coating.
• Fumed silica is applied extensively to adhesive
  sealant formulations to facilitate reinforcement
  and rheological characteristics. The adhesives
  sealants application segment is anticipated to
  depict a significant CAGR of more than 4.5
  through 2025. Escalating adhesive and sealant
  utilization across the construction and
  automotive industries will support product growth
  in the coming years.

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360 Industry Analysis

• The fumed silica market in North America may hold
  a considerable chunk of the overall revenue share
  over the estimated timeline. This rapid
  development seems to be attributed primarily to
  the burgeoning pharmaceutical sector in the
  region.
• In fact, North America accounted for almost half
  of the worldwide pharmaceutical sales in 2018,
  according to the European Federation of
  Pharmaceutical Industries and Associations.
  Therefore prolific advancements in the
  pharmaceutical industry will proliferate fumed
  silica market growth in the years ahead.
•  

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• Competitive Analysis
• Some of the key players in the industry are
  Evonik Industries AG, Cabot Corporation, Wacker
  Chemie AG, OCI Company Ltd., Tokuyama
  Corporation, Kemitura Group, Orisil, Hubei
  Xingrui Silicon Materials Co., Ltd., Henan Xunyu
  Chemical Co., Ltd., China-Henan Huamei Chemical
  Co., Ltd., Dongyue Group, Cabot Sanmar Limited

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