SpecialtySilica Market: Introduction
Interms of value, the global specialty silica market is anticipated to expand at a CAGR of morethan 6%from 2020 to 2030 and cross US$ 10 Bnby 2030. Asia Pacific dominated the global specialty silica market in terms ofvolume in 2019. It is estimated to be the leading region of the globalspecialty silica market during the forecast period. The rubber industry isprojected to offer lucrative opportunities for the specialty silica market inthe near future.
SpecialtySilica Market: Major Drivers and Restraints
Theincrease in usage of specialty silica in the manufacture of tires is expectedto drive the global specialty silica market during the forecast period.Specialty silica is being aggressively adopted by tire manufacturers as areinforcement filler. It offers higher reinforcing ability and improves fuelefficiency due to stringent environmental norms. The rise in the demand forgreen tires is anticipated to boost the global specialty silica market duringthe forecast period, as the tire application segment accounts for the majorityof consumption of specialty silica. Specialty silica products are versatile rawmaterials for cosmetics and personal care applications. They increase theviscosity of oils and emulsions, thus improving the stability and structure ofcreams, lipsticks, lotions, and make-up preparations.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11183
Specialtysilica products transform cosmetic oils into highly viscous gels. This producestransparent products with the pseudo plastic flow behavior. Specialty silicaproducts are used as thickening agents in toothpastes. This gives toothpastesthe rheological body for good filling during the manufacturing process.Therefore, increase in usage of specialty silica in cosmetic and personal careproducts is anticipated to drive the global specialty silica market during theforecast period. Specialty silica is employed in end-use industries such as paper& pulp and textile apart from rubber. Paper & pulp and textileindustries have been expanding at a sluggish pace, since the past few years.Traditionally, along with polymers, colloidal silica has been employed in paperand pulp mills for drainage aid systems. However, the demand for colloidalsilica is projected to decline during the forecast period, due to the sluggishgrowth of the paper & pulp industry. This, in turn, is likely to marginallyrestrain the specialty silica market.
More Trending Reports
SpecialtySilica Market: Segmentation
Basedon product, the precipitated silica segment held major share of the globalspecialty silica market in 2019. This trend is anticipated to continue duringthe forecast period. Precipitated silica is manufactured commercially byreacting sodium silicate with mineral acid. It is further precipitated underalkaline conditions. It is employed in many applications, including rubber,plastics, food processing, and pharmaceuticals. The rubber application segmentconstituted large share of more than 50% of the global specialty silicamarket in 2019. This trend is estimated to continue during the forecast period.On the other hand, the chemical mechanical planarization (CMP) segment isprojected to expand at a rapid pace during the forecast period.
Request Covid19 analysis on thismarket
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=11183
CompetitionLandscape of Specialty Silica Market
Keymanufacturers operating in the global specialty silica market include Evonik Industries AG, Solvay S.A.,PPG Industries, Inc., W. R. Grace & Co., Cabot Corporation, Wacker ChemieAG, PQ Corporation, and Tokuyama Corporation.
Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=11183<ype=S
AboutUs
Transparency Market Research is a global market intelligence company, providingglobal business information reports and services. Our exclusive blend ofquantitative forecasting and trends analysis provides forward-looking insightfor thousands of decision makers. Our experienced team of Analysts,Researchers, and Consultants, use proprietary data sources and various toolsand techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of researchexperts, so that it always reflects the latest trends and information. With abroad research and analysis capability, Transparency Market Research employsrigorous primary and secondary research techniques in developing distinctivedata sets and research material for business reports.
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
