Fumed Silica Market 2020-2025 Global Analysis and Opportunity Assessment | Cabot Corporation, Wacker Chemie AG, Evonik Industries, Tokuyama Corporation, China National Bluestar(Group) Co., Ltd, Applied Material Solutions, Inc, Kemitura A/S, Agsco Corporat

The global fumed silica market is projected to reach nearly USD 2.70 billion by 2025, expanding at a healthy CAGR of 6.9% during the forecast period. An increase in demand from end-user segments such as building & construction industry for adhesives, sealants, paints & coatings is projected to boost the global fumed silica market growth over the forecast period.

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Adroit Market Research study on the global fumed silica market offers a comprehensive view of the market. The report provides light on the market scenario with factors such as market dynamics, constraints, opportunities, threats and regulatory overview. The market was studied from 2015 to 2018 for historic years, with the base year of estimation as 2019 and the projection from 2020 to 2025. The study covers both the current status and future market trends at both global, regional and country level. The report also assesses the market environment with Porter's five strengths review and places leading players on the basis of their product range, regional presence, sales, and strategic initiatives.

One of the most versatile categories of silica/silicates is fumed silica. It is produced in the presence of oxygen-hydrogen flame by combustion of silicon tetrachloride. Fumed silica exhibits many attractive properties that are useful for various end-use industries because of this pyrogenic manufacturing process. Fumed silica is used in a wide range of applications, including sealants, adhesives, deformers, inks, synthetic rubber, coatings, paints, cosmetics, polyester resins among many other applications. Fumed silica is also used in the pharmaceutical industry as a pharmaceutical excipient. Fumed silica offers cost-effective drug production options due to which it is increasingly used for generic drug production.

By type, the global fumed silica market is divided into hydrophilic fumed silica and hydrophobic fumed silica. Hydrophilic fumed silica is expected to dominate the market for fumed silica in the coming years. The major application of the product includes polyesters, paints & coatings.

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The global market for fumed silica is segmented by application into Adhesives & Sealants, Paints & Coatings and Inks, Pharmaceuticals, Gel Batteries, UPR, and Others. Among these, paints & coatings and adhesives & sealants segment accounted for more than 2/5th of the overall market share. Fumed silica is used for strengthening and imparting rheological properties to epoxy and polyurethane adhesive & sealants.

By region, Asia Pacific region accounts for over one-third of global fumed silica market share in 2019. Expanding building & construction are important drivers of growth for rising fumed silica consumption in the region. Rising disposable income has also contributed to increased market demand.

Some of the major players in the global fumed silica market include Cabot Corporation, Wacker Chemie AG, Evonik Industries, Tokuyama Corporation, China National Bluestar(Group) Co., Ltd, Applied Material Solutions, Inc, Kemitura A/S, Agsco Corporation.

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Key segments of the global fumed silica market

Type Overview, 2015-2025 (Tons) (USD Million)

Hydrophilic
Hydrophobic

Application Overview, 2015-2025 (Tons) (USD Million)

Adhesives & Sealants
Paints & Coatings and Inks
Pharmaceuticals
Gel Batteries
Unsaturated Polyester Resin (UPR)
Others

Regional Overview, 2015-2025 (Tons) (USD Million)

North America
US
Canada
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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