The global fumed silica market was USD 1.3 billion in 2021 and is projected to reach USD 1.6 billion by 2026, at a CAGR of 5.1% during the forecast period. Fumed silica consists of microscopic droplets of amorphous silica fused into branched, chainlike, three-dimensional secondary particles, which agglomerate into tertiary particles. The resulting powder has an extremely low bulk density and high surface area. Its three-dimensional structure results in increased viscosity and thixotropic behavior when used as a thickener or reinforcing filler. It is of two types: hydrophobic and hydrophilic. Fumed silica is widely used and preferred for application in paints and coatings, cosmetics and personal care products, adhesives and sealants, printing inks, amongst others
Browse 170 market data Tables and 41 Figures spread through 195 Pages and in-depth TOC on "Fumed Silica Market by Type (Hydrophilic and Hydrophobic), Application (Silicone Elastomers, Paints, Coatings & Inks, Adhesives & Sealants, UPR & Composites), End-Use Industry, and Region - Global Forecast to 2026"
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In terms of value & volume, the hydrophilic segment is estimated to lead the fumed silica market in 2020.
The hydrophilic segment accounted for the largest market share in the fumed silica market. The hydrophilic nature of fumed silica is the result of the attached hydroxyl groups on the silica atom at the particle surface, owing to which the product is capable of hydrogen bonding, helping it to disperse in water. Hydrophilic fumed silica helps in increasing the adhesion properties. It also absorbs water off the surface of the particle hence is best suited as an anti-caking agent.
In terms of value & volume, UPR & composites segment is estimated to be the fastest-growing segment in the fumed silica market.
The UPR & composites segment is expected to grow at the highest CAGR from 2021 to 2026. It is witnessing high growth owing to increasing resin applications in various industry verticals, technological advancement, and their growing demand in developing regions. Building & construction, pipes & tanks, and automotive applications use UPR extensively for making fiber reinforced plastics (FRP). They are also widely used in thermosetting resins with better product performance in comparison to epoxy, vinyl ester, acrylics, amides, and alkyd resins. Various properties associated with UPR include relative ease of manufacturing, cost-effectiveness, ease of processing, and their ability to be readily modified for specific use.
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Building & construction dominated the fumed silica market in 2020, in terms of value and volume.
The building & construction end-use industry accounted for the largest share for fumed silica in 2020, in terms of value and volume. Increasing construction activities, coupled with rapid urbanization and industrialization in emerging economies, are leading to the rise in demand for fumed silica in the building & construction industry.
The APAC region is projected to account for the largest share in the fumed silica market during the forecast period.
The APAC region is projected to lead the fumed silica market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The rising disposable income of people, shifting of manufacturing facilities from developed regions, such as North America and Europe, and rapidly growing industrial sectors are expected to drive the market in APAC0.
Fumed Silica Market Key Players
Evonik Industries (Germany), Cabot Corporation (US), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), and Applied Material Solutions Inc. (US), amongst others, are the key players operating in the fumed silica market.
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Evonik Industries is one of the leading players in specialty chemicals and a dominant manufacturer of fumed silica. The company operates globally through five business segments: Nutrition & care, smart materials, specialty additives, performance materials, and service segment. Evonik offers fumed silica through its smart materials business segment. The company offers fumed silica products under the brand name—AEROSIL. The products under this brand serve various end-use industries, such as paints, coatings, modern adhesive systems, transparent silicones, and non-combustible high-performance insulating materials. Evonik Industries has a global presence with an operating base situated in Germany. The company is active in over 100 countries globally with a production base in 27 countries and an R&D facility in 37 locations.
Detailed TOC of Fumed Silica Market Research Report
► Introduction of the Digital Printing Packaging Market
- Overview of the Market
- Scope of Report
- Assumptions
► Executive Summary
► Research Methodology of Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
► Extruded Plastics Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
► Extruded Plastics Market, By Type
► Extruded Plastics Market, By Application
► Extruded Plastics Market, By End-Use Industry
► Extruded Plastics Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
► Extruded Plastics Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
► Company Profiles
► Appendix
Fumed Silica industry valued approximately USD 1.5 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 7.12% over the forecast period 20172025.
Increasing application of fumed silica in several industries such as construction, adhesives & sealants, and automobiles are giving growth to the Fumed Silica market.The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years.
The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market.
Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and subsegment of the market are explained below:Click here to Get free PDF Sample @ https://www.grandresearchstore.com/report-sample/fumed-silica-market-60Type:Hydrophilic Fumed SilicaHydrophobic Fumed SilicaApplication:Paints, Coatings & InksAdhesives & SealantsPharmaceuticalsUPRGel BatteriesLightingRegions:North AmericaU.S.CanadaEuropeUKGermanyAsia PacificChinaIndiaJapanLatin AmericaBrazilMexicoRest of the WorldGet the Complete Report & TOC @ https://www.grandresearchstore.com/chemicals-and-materials/fumed-silica-market-60Furthermore, the years considered for the study are as follows: Historical year — 2015Base year — 2016Forecast period — 2017 to 2025Some of the key manufacturers involved in the market are Evonik Industries, Cabot Corporation, Wacker Chemie AG and Tokuyama Corporation.
