Global Specialty Silica Market is expected to grow at ~6.1% CAGR during 2016-2022

Market Synopsis of Global Specialty Silica Market:
The Global Specialty Silica Market in 2016 was USD ~5.1 billion and is expected to grow at the CAGR of ~6.1% between which has started since 2016 and is expected to continue till 2022.
Specialty silica is found in silicon dioxide which is available in market as precipitated silica, fumed silica, silica gel, fused silica and colloidal silica. Applications of these are numerous according to different purposes. Specialty silica is highly preferred for manufacturing tires owing to reduce emission of carbon. It acts as performance additive in tires leading to achieve lower rolling resistance. Thus, allowing vehicle to run smoothly with prevents less consumption of fuel. In personal care & cosmetics, specialty silica provides UV protection and acts as matting agent to protect skin. Other application like food & beverages, it acts as anti-caking agents and helps impurities from entering food. All these properties of specialty silica are expected to have a positive impact on the growth of the growth over the forecasted period.

Precipitated silica is used in food & beverages, cosmetics, oral care and automotive tires. Thus, huge application of precipitated silica helps to drive the specialty silica market growth

Key Players
Key players of global specialty silica market are Evonik Industries, Akzo Nobel N.V., Cabot Corporation, Wacker Chemie AG, PPG Industries, Inc., Huber Engineered Materials, Solvay S.A., W. R. Grace & Co., Nalco Holding Company, Madhu Silica Private Limited and others.

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Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “The market of specialty silica is growing rapidly due to rise in demand from industries where its application is more such as rubber, electronic components, agriculture, paints & coatings, food & beverage, personal care & cosmetics and others. Rubber industry is the major application segment of global specialty silica market owing to usage of rubber in industrial tools, automotive tires and equipment’s. Rise in demand of green tires in countries like North America and Europe drives the specialty silica market growth and is expected to continue this in future. Other applications such as paints & coatings and personal care & cosmetics is also expected to drive the demand for specialty silica market in future owing to properties of silica such as acting as a catalyst, absorbents and abrasive.

Specialty silica is mainly used as an in tire for improving its capability of being used continuously and reducing emission of carbon. It’s also used in newly innovated green tires which helps automobile industry to improve vehicle’s performance through less consumption of fuel. Moreover, for production of green tires, specialty silica is used in the automobile industry which drives the market growth and is expected to continue doing this in future as well. Electronic industry has increased the usage of specialty silica as it is being used in manufacturing capacitors and circuits along with these it is also used to absorb moisture from electronic components; all these are driving the global specialty silica market.

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Table of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure

3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model

4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Specialty Silica Market

5 Industry Overview Of Global Specialty Silica Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis

6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
Continue………

List of Figures
Figure 1 Global Specialty Silica Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Specialty Silica Market
Figure 4 Value Chain Of Global Specialty Silica Market
Figure 5 Share Of Global Specialty Silica Market In 2014, By Country (In %)
Figure 6 Global Specialty Silica Market, 2015-2022, (Usd Billion)
Figure 7 Sub-Segments Of Applications
Figure 8 Global Specialty Silica Market Size By Application, 2015
Figure 9 Share Of Global Specialty Silica Market By Application, 2012 To 2022
Continue………

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