Fumed Silica Market Trends 2021 | Industry Growth, Size, Share, Demand and Forecast to 2027

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Fumed Silica Market SWOT Analysis, Key
Indicators and Forecast 2027
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Global Market Scenario of Fumed Silica Industry

• According to a recent report by Global Market
  Insights, Inc., fumed silica market size is
  projected to reach USD 2.3 billion by 2027.
  Applications of the substance are spread across
  the numerous industries such as cosmetics,
  pharmaceutical, adhesives sealants, silicone
  elastomers, paints coatings, etc. owing to its
  ability to improve the efficiency of production
  processes. It enhances and maintains the quality
  of products that are manufactured in these
  sectors. These beneficial properties are fueling
  the demand for fumed silica, providing enormous
  growth opportunities for the business.
• Fumed silica, a white powder formed during the
  production of elemental silicon, possesses the
  ability to serve as a rheology modifier,
  thixotropic agent, viscosity controller,
  anti-settling agent and thickening agent. This
  makes fumed silica an attractive option for
  several manufacturing companies. On account of
  the wide product application, the global fumed
  silica market is likely to show meritorious
  growth over the subsequent years.

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• How will the hydrophobic segment fare across
  fumed silica market?
• Hydrophobic fumed silica is known to be fumed
  silicas treated grade which is produced by the
  reaction of reactive silanes like chlorosilanes
  or hexamethyldisilazane with hydrophilic silica.
  It has superior water-repellent properties due to
  the availability of short-chain or long-chain
  organic groups that are anchored on fumed silica
  surface.
• Hydrophobic fumed silica is majorly used in
  silicone reinforcing without thickening polar
  resins and solvents such as alcohols,
  isocyanates, epoxies and urethanes which is
  driving the product demand considerably. On
  account of this, hydrophobic fumed silica segment
  is estimated to register a robust CAGR of over 6
  through 2027.
• What benefits offered by silicone elastomers
  impact fumed silica industry outlook?
• Silicone elastomer, which is widely used in
  High-Temperature Vulcanized (HTV) silicone
  rubber, is observing a heightened demand owing to
  the benefits offered by it including enhanced
  reinforcement, surface quality, sag resistance,
  dispersibility and service life.

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360 Industry Analysis

• Why is fumed silica market in North America
  witnessing robust expansion?
• Thriving pharmaceutical sector in North America
  is expected to enhance the outlook of regional
  fumed silica industry. As per the European
  Federation of Pharmaceutical Industries and
  Associations, North America held around 50 of
  the global pharmaceutical sector. The regional
  pharmaceutical growth can be attributed to the
  expenditure on healthcare.
• In addition to this, a subtle increase in
  research development activities, access to
  high-value drugs, and favorable government
  policies are as well complementing the
  penetration of fumed silica in the market.
  Reportedly, North America fumed silica market is
  estimated to register a valuation of more than
  USD 520 million by 2027.
•  

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• Competitive Analysis
• Dongyue Group, Kemitura Group, Cabot Corporation,
  OCI Company Ltd., Evonik Industries AG, Tokuyama
  Corporation, Orisl, China-Henan Huamei Chemical
  Co., Ltd., Wacker Chemie AG, Henan Xunyu Chemical
  Co., Ltd., Cabot Sanmar Limited, and Hubei
  Xingrui Silicon Materials Co., Ltd.are some of
  the key players operating in the Fumed Silica
  Market.

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