Press release
How are Fumed Silica Applications Rising in Paints & Coatings and Drug Manufacturing
Global fumed silica sales are likely to surpass 335,000 MT in 2018, up from 323,733 MT in 2017, according to a new Fact.MR study. Gains will be driven by sustained demand in end-use industries such as printing inks, paints, coatings, and adhesives.For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=2301
Increasing demand for water-based coatings and paints for industrial and architectural application continues to be a driver for the market. Fumed silica is used on a large scale in paints and coatings to prevent corrosion and rust. Moreover, demand for silicone rubber is increasing in the automotive sector to improve fuel efficiency, thereby, accelerating the growth of fumed silica market.
Manufacturers are introducing new manufacturing processes and technologies to reduce the production time and cost. For instance, Evonik’s new fumed silica manufacturing process, allow the coating and paint manufacturers to eliminate bead milling process. This results in reduced time, machine usage, and costs for end-use industry.
Hydrophobic Fumed Silica to Witness Significant Growth in the Fumed Silica Market
The demand for hydrophobic fumed silica is likely to grow at a significant rate in the future. Owing to the low cost and excellent properties, hydrophobic fumed silica is increasingly used across various industries. Hydrophobic fumed silica is finding large application in coatings, adhesives and sealants, greases, toners, and skin and personal care products.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=2301
Key Segments Covered:
• Product Type
o Hydrophilic Fumed Silica
o Hydrophobic Fumed Silica
• Application
o Fumed Silica for Silicone Rubber
o Fumed Silica for Paints & Coatings
o Fumed Silica for Unsaturated Polyester Resins
o Fumed Silica for Adhesives & Sealants
o Fumed Silica for Healthcare & Personal Care
o Others
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/2301
Fumed Silica to Find Largest Application in Silicone Rubber
Silicone rubber is used in various industries including construction, electronics, adhesives, and sealants. Hence, with the increasing production of silicone rubber, the demand for fumed silica is also rising. Moreover, silicone rubber is also finding large application in the automotive industry to enhance fuel efficiency and reduce emission.
Meanwhile, the automotive sector is also using liquid silicone rubber, particularly in windshield wiper blades to ensure flexibility and extend its life. With the increasing use of liquid silicone rubber in wearables and medical devices, manufacturers in the fumed silica market are focusing on designing high-structure and high-surface-area fumed silicone especially for liquid silicone rubber.
North America is projected to dominate the fumed silica market. With the presence of major manufacturers and the opening of new production facilities in the region, the fumed silica market is flourishing in North America.
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/20/2004083/0/en/Sales-of-Soil-Stabilization-Materials-to-Expand-at-6-CAGR-Through-2027-China-to-Reign-Supremacy-Says-a-New-Fact-MR-Study.html
The new research report by Fact.MR analysis the overall growth of the fumed silica market for the forecast period 2018-2028. According to the report, the market is projected to reach 4.9% CAGR during 2018-2028
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