Press release
Precipitated Silica Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Precipitated Silica Market Share
The precipitated silica market is anticipated to grow, spurred by the rise in automotive tire production. Automotive tires, essentially rubber casings fitted on wheel rims, serve to provide traction, absorb road shocks and support the vehicle's weight. The production of these tires is experiencing an uptick, particularly in burgeoning economies with a growing demand for vehicles. Tire performance significantly improves with the inclusion of precipitated silica, as it aids in augmenting fuel efficiency, boosting grip, and reducing rolling resistance, which leads to extended tire life. A June 2024 report by Statistics Canada, the national statistical organization of Canada, stated that the total count of registered motor vehicles on the road in 2022 was 26.3 million, marking a small 0.3% increment from 2021. Hence, the rising production of automotive tires is the key driver propelling the precipitated silica market's growth.
Get Your Precipitated Silica Market Report Here:
https://www.thebusinessresearchcompany.com/report/precipitated-silica-global-market-report
What growth opportunities are expected to drive the precipitated silica market's CAGR through 2034?
In recent times, there has been dramatic growth in the size of the precipitated silica market. The market is set to expand from its size of $2.84 billion in 2024, reaching a size of $3.1 billion in 2025. This progression corresponds to a compound annual growth rate (CAGR) of 9.0%. The substantial growth experienced in this historical period is thanks to factors such as heightened consumption in the glassmaking sector, rising investment in research and development, the exponential growth in its usage within the electronics domain, an increase in recycling and waste management activities and the escalation in the use of e-commerce platforms.
Expectations are high for a significant surge in the size of the precipitated silica market in the nearing years. The market is anticipated to reach $4.31 billion by 2029 with a CAGR of 8.6%. This projected increase during the forecasted timeframe can be ascribed to development in the recovering infrastructure sector, the expansion of construction and infrastructure activities, sustainability and eco-friendly initiatives, consumer knowledge and preferences, and growth in the agricultural segment. In the forecast period, the major tendencies are anticipated to be the fabrication of silica particles on the nanometer scale, improved dispersibility and functionality, sophisticated testing and analytical methods, the rise of hybrid silica products, and the advent of water-based silica products.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20592&type=smp
What are the emerging trends shaping the future of the precipitated silica market?
Leading businesses in the precipitated silica market are crafting innovative products such as circular silica; this move is aimed at increasing sustainability and catering to the rising demand for environmentally-friendly items. The term 'circular silica' represents a cyclical silicate formation where silicon-oxygen tetrahedra bind together to shape structures similar to rings. For example, Solvay S.A, a chemical firm based in Belgium, introduced bio-circular highly dispersible silica (HDS) in Europe, specifically at its Livorno location in Italy in January 2023. This product utilizes bio-based sodium silicate obtained from rice husk ash, thereby offering a circular and sustainable approach to silica production. Production is slated to commence towards the end of 2024; additionally, Solvay intends to gradually substitute its existing Zeosil collection with this fresh circular HDS. This shift will aid tire producers in augmenting the usage of sustainable resources and diminishing their carbon emissions by 50% per ton of silica manufactured. This effort is in synchronization with Solvay's pledge to carbon neutrality and it underlines its supremacy in delivering eco-friendly solutions to a variety of industries.
Which growth-oriented segments of the precipitated silica market are leading the industry's development?
The precipitated silica market covered in this report is segmented -
1) By Type: Fine Powder, Ultrafine Powder, Microbeads, Lumpy
2) By Grade: Rubber Grade, Food Grade, Industrial Grade, Cosmetic Grade
3) By Process: Wet Process, Dry Process
4) By Application: Additives, Free-Flow And Carrying Agents, Thickening Agents, Anti-Caking Agents, Battery Separators, Other Applications
5) By End-Use Industry: Rubber Industry, Food And Feed, Paints And Coatings, Adhesives And Sealants, Automobile, Personal Care And Cosmetics, Electronics, Agriculture, Other End-Use Industries
Subsegments:
1) By Fine Powder: Standard Fine Powder Silica, Modified Fine Powder Silica
2) By Ultrafine Powder: Ultra-Pure Ultrafine Powder Silica, Functionalized Ultrafine Powder Silica
3) By Microbeads: Standard Microbeads, Coated Microbeads
4) By Lumpy: Lumpy Precipitated Silica, Granular Lumpy Silica
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20592
What regions are leading the charge in the precipitated silica market?
North America was the largest region in the precipitation silica market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the precipitated silica market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the precipitated silica market?
Major companies operating in the precipitated silica market are Pittsburgh Plate Glass Industries Inc., Evonik Industries AG, Solvay S.A., Imerys S.A., Tata Chemicals Limited, Sibelco Group, PQ Corporation, IQE Group, AMS Applied Material Solutions, MLA Group of Industries, Jinsha Chemical Plant, Oriental Silicas Corporation, Anmol Chemicals Group, Anten Chemical Co Ltd., Gujarat Multi-Gas Base Chemicals Private Limited, Supersil Chemicals (India) Private Limited, Quechen Silicon Chemical Co Ltd., Prakash Chemicals International Private Ltd., Agile Nobel Inc., Madhu Silica Pvt. Ltd., Tochu Corporation, PAR Drugs and Chemicals Limited
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=20592&type=smp
What Is Covered In The Precipitated Silica Global Market Report?
•Market Size Forecast: Examine the precipitated silica market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the precipitated silica market for a structured understanding.
•Key Players Overview: Analyze major players in the precipitated silica market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the precipitated silica market.
•Segment Contributions: Evaluate how different segments drive overall growth in the precipitated silica market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the precipitated silica market.
•Industry Challenges: Identify potential risks and obstacles affecting the precipitated silica market.
•Competitive Landscape: Review strategic developments in the precipitated silica market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Precipitated Silica Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers here
News-ID: 3938882 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Silica
Silica Suspension Particles Market Silica Suspension Particles Market
Silica Suspension Particles Market Size
The global market for Silica Suspension Particles was valued at US$ 793 million in the year 2024 and is projected to reach a revised size of US$ 1148 million by 2031, growing at a CAGR of 5.5% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-14R15522/Global_Silica_Suspension_Particles_Market_Research_Report_2023
The growing demand for colloidal silica is driven by its wide application in various industries such as coatings, adhesives, electronics, construction and personal…
Washed Silica Sand Market worth $24 million by 2026 | Key players US Silica Hold …
According to recent market research the "Washed Silica Sand Market by Fe Content (>0.01%, ≤0.01%), Particle Size (≤0.4mm, 0.5mm - 0.7mm, >0.7mm), Application (Glass, Foundry, Oil well cement, Ceramic & Refractories, Abrasive, Metallurgy, Filtration) and Region - Global Forecast to 2026", size is projected to grow from USD 18 million in 2021 to USD 24 million by 2026, at a CAGR of 5.4% from 2021 to 2026. The market is…
Silica Flour Market 2028 | U.S. Silica Holdings Inc, Premier Silica LLC, SCR-Sib …
This detailed market study covers Silica Flour Market growth potentials which can assist the stake holders to understand key trends and prospects in Silica flour Market identifying the growth opportunities and competitive scenarios. The report also focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The…
Industrial Silica Sand Market Growing Demand, Analysis by Key Players: Internati …
Advance Market Analytics released a comprehensive report of 200+ pages on 'Industrial Silica Sand' market with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe, Asia-Pacific along with relevant country level break-up. Some of the important players from a wide list of coverage used under bottom-up approach are International Silica Industries Company Plc (Jordan), Superior Silica Sands LLC (United States), Saudi Emirates Pulverization Industries…
Industrial Silica Market to 2017 - 2025: Premier Silica LLC, International Silic …
Researchmoz added Most up-to-date research on "Industrial Silica Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports.
Global Industrial Silica Market: Overview
Demand for fiberglass is high, due to its excellent functional and mechanical properties such as low weight and resistance to corrosion and heat. Thus, these resins are used in a wide range of end-user industries such as automotive.…
Global Industrial Silica Market by Top Key Players Profiled: Premier Silica LLC, …
Researchmoz added Most up-to-date research on "Global Industrial Silica Market by Top Key Players Profiled: Premier Silica LLC, International Silica Industries Company PLC and U.S. Silica Holdings Inc." to its huge collection of research reports.
Demand for fiberglass is high, due to its excellent functional and mechanical properties such as low weight and resistance to corrosion and heat. Thus, these resins are used in a wide range of end-user industries such…
