Fumed Silica Market – Global Industry Analysis and Forecast (2024-2030)

Fumed Silica Market is expected to grow at a CAGR of 7.46% during the forecast period and is expected to reach US$ 3.80 Bn by 2030.

Fumed silica market is mainly driven by paints & coatings industry and cost effective nature. Lack of awareness coupled with the availability of biogenic fumed silica as substitute will restrain the market in forecast. Surging demand for lubricants for industrial applications and rising demand for water based coating led by regulation enacted regarding VOC impelling the market growth.To know about the Research Methodology:-Request Free Sample Report
Fumed Silica Market Dynamics:
Hydrophilic and hydrophobic are type segment of market. Hydrophilic fumed silica segment is leading the market by type segment. Hydrophobic segment is expected to grow at a high CAGR during the forecast period. Water-repellent properties of hydrophobic fumed silica have resulted into its increased use as anti-corrosive applications.

Adhesives & sealants, paints & coatings and inks, pharmaceuticals, unsaturated polyester resin, gel batteries, lighting and others. Paints & coatings application segment dominated the market for fumed silica. This is largely driven by the increasing demand for water-based paints & coatings from the architectural and industrial applications.
Fumed Silica Market Regional Analysis:
Geographically, the market has been segmented into North America, Asia-Pacific, Europe, Middle East & Africa and Latin America. Surging use of fumed silica in paints & coatings, adhesives & sealants and gel batteries applications has led Asia Pacific as leading region in a market. Europe is predicted to register a moderate growth.

Fumed Silica Market Key Highlights:

1. Fumed Silica Market analysis and forecast, in terms of value.

2. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Market

3. Fumed Silica Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

4. Fumed Silica Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

5. Fumed Silica Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

6. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

7. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Market are also profiled.
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Global Fumed Silica Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 2.29 Bn.


Forecast Period 2024 to 2030 CAGR:
7.46%
Market Size in 2030:
US $ 3.80 Bn.


 Segments Covered:
by Type
Hydrophilic
Hydrophobic


by Application
Adhesives & Sealants
Paints & Coatings and Inks
Pharmaceuticals
Gel Batteries
Unsaturated Polyester Resin( UPR)
Lighting
Others



Fumed Silica Market, by Region:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Fumed Silica Market Key Players are:
1. Cabot Corporation (U.S)
2. Wacker Chemie AG (Germany)
3. Tokuyama Corporation (Japan)
4. China National Bluestar(Group) Co.,Ltd. (China)
5. Applied Material Solutions, Inc. (US)
6. Orisil (Ukraine)
7. Cargill Inc. (US)
8. Agsco Corporation. (US)
9. Dongyue Group Ltd. (China)
10.Norchem, Inc.
11.Elkem ASA
12.Elkon Products Inc.
13.Dow
14.BASF SE
15.Cementec Industries Inc.
16.Kryton International Inc.
17.Brock White Company, LLC
18.Bisley & Company Pty Ltd.
19.Rockfit Corporation
20.SHANGHAI TOPKEN SILICA FUME CO. LTD.
21.Kemitura A/S

Frequently Asked Questions:

1. Which region has the largest share in Global Market?
Ans: Asia-Pacific region held the highest share in 2023.

2. What is the growth rate of Global Market?
Ans: The Global Market is growing at a CAGR of 7.46% during forecasting period 2024-2030.

3. What is scope of the Global market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global market?
Ans: The important key players in the Global Market are – Cabot Corporation (U.S), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), China National Bluestar(Group) Co.,Ltd. (China), Applied Material Solutions, Inc. (US), Orisil (Ukraine), Cargill Inc. (US), Agsco Corporation. (US), Dongyue Group Ltd. (China), Norchem, Inc., Elkem ASA, Elkon Products Inc., Dow, BASF SE, Cementec Industries Inc., Kryton International Inc., Brock White Company, LLC, Bisley & Company Pty Ltd., Rockfit Corporation, SHANGHAI TOPKEN SILICA FUME CO. LTD., and Kemitura A/S.

5. What is the study period of this market?
Ans: The Global Market is studied from 2023 to 2030.