Asia Pacific Fumed Silica Market to grow at 6.5% CAGR from 2021 to 2027 - PowerPoint PPT Presentation

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Asia Pacific Fumed Silica Market to grow at 6.5% CAGR from 2021 to 2027

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Asia Pacific fumed silica market will grow with promising growth trend of pharmaceutical industry, rising expenditure on personal products and increasing construction activities in the region. – PowerPoint PPT presentation

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Title: Asia Pacific Fumed Silica Market to grow at 6.5% CAGR from 2021 to 2027


1

Asia Pacific Fumed Silica Market to grow at 6.5
CAGR from 2021 to 2027 Graphical Research
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reserved.


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2

Asia Pacific fumed silica market will grow with
promising growth trend of pharmaceutical
industry, rising expenditure on personal products
and increasing construction activities in the
region.   Fumed silica, which is produced using
quartz sand vaporized at the temperature of
3,000C from flame pyrolysis of silicon
tetrachloride or in an electric arc, finds
extensive application as thickening and
anticaking agent in powders. It is largely used
in pharmaceutical, cosmetics and personal care,
paints, coatings, etc. industries.   According
to the credible reports, Asia Pacific fumed
silica market size is projected to surpass USD 1
billion by 2027. Speaking of the pharmaceutical
application, fumed silica serves as a key
ingredient for enhancing the production processes
in pharma companies. Pharma industry in Asia
Pacific has been growing significantly in the
recent years driven by factors such as growing
population, rising per capita healthcare
expenditure, increasing research development
activities and technological progressions.
Reportedly, China was the second-largest market
for pharmaceuticals during 2015 to 2017 after the
U.S.
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reserved.


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3

Get sample copy of this research report _at_
https//bit.ly/38tVzLn Unhealthy lifestyle and
dietary habits among residents is resulting in
increased rate of sickness in the region which in
turn is increasing the reliance on pharmaceutical
drugs. Heightened production of pharmaceutical
drugs along with the introduction of novel
technologies is stimulating the business
space. Over the past few years, fumed silica has
been witnessing enormous demand in the regional
pharmaceutical sector for drug development as it
is a key ingredient for drug production and is
used as a glidant, filler, binder, and
disintegrant for producing capsules, tablets or
powder. Apart from the pharma sector, fumed
silica is massively used in the production of
cosmetics and personal care products. The region
is showing higher consumption of these products
which is further favoring the industry growth.
Reportedly, pharmaceutical, beauty personal
care segment is expected to hold a sizeable
market share of over 30 by 2027. Request for
customization _at_ https//bit.ly/37WVy21
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Fumed silica comes in two types namely
hydrophilic and hydrophobic. Both have their own
advantages. However, hydrophilic fumed silica is
gaining immense popularity as the manufacturing
process of this fumed silica makes it a
cost-effective product which is impelling its
demand across various end-use industries. It is
capable of dispersing completely into the water
or soaked by water. The characteristics of the
product helps it to maintain its high insulation
level even at elevated temperatures. Hydrophilic
fumed silica is highly preferred for products
with low shelf life and finds important usage in
the non-polar resin system. In addition, it is
used for silicone reinforcing and thickening as a
gradient for industrial powders which is fueling
the product demand considerably. On account of
the expanding demand for hydrophilic fumed
silica, the segment had recorded an appreciable
valuation of around USD 375 million in 2020 and
is expected to grow substantially over the
upcoming years. With the outbreak of COVID-19 in
the region, fumed silica industry in Asia Pacific
is experiencing certain restraints due to strict
lockdown leading to reduced consumer spending,
ceased manufacturing operations, raw material
unavailability, etc. However, several parts of
the region are showing gradual recovery from the
pandemic effect which will help the market regain
its growth in the following years.
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reserved.


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5

Segmentation of Asia Pacific Fumed Silica
Market Asia Pacific Market, By
Product Hydrophobic Hydrophilic Asia Pacific
Market, By Application Silicone
elastomer Pharmaceutical, beauty personal
care Paints, coatings inks UPR Food
beverages Adhesives sealants Others
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reserved.


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6

About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
from market penetration and entry strategies to
portfolio management and strategic outlook. We
understand that business requirements are unique
our syndicate reports are designed to ensure
relevance for industry participants across the
value chain. We also provide custom reports that
are tailored to the exact needs of the customer,
with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
B. Corporate sales, Graphical
Research Email sales_at_graphicalresearch.com Web
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