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Fumed Silica Market worth 2.26 Billion USD by 2022

 



(EstateNewsWire.com, December 09, 2017 ) The report "Fumed Silica Market by Type (Hydrophilic, Hydrophobic), Application (Paints & Coatings and Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting), and Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022", The fumed silica market is projected to reach USD 2.26 Billion by 2022, at a CAGR of 7.1% from 2017 to 2022.



Browse 80 market data tables and 56 figures spread through 197 pages and in-depth TOC on "Fumed Silica Market by Type (Hydrophilic, Hydrophobic), Application (Paints & Coatings and Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting), and Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022"



https://www.marketsandmarkets.com/Market-Reports/fumed-silica-market-103347608.html



Early buyers will receive 10% customization on reports.



The use of fumed silica has increased in paints & coatings and inks, adhesives & sealants, and UPR applications, owing to the growth of major end-use industries such as construction and automobiles in Asia-Pacific and the Middle East & Africa. In addition, the high demand for fumed silica is mainly attributed to its efficiency and low maintenance cost as compared to precipitated silica.



The hydrophilic fumed silica segment accounted for the largest share of the fumed silica market



The hydrophilic fumed silica segment is estimated to be the largest type segment of the fumed silica market both, in terms of volume and value. This growth is mainly attributed to the low price of hydrophilic fumed silica and its usage across various applications, such as paints & coatings and inks, silicone rubber, and UPR. Furthermore, the treated fumed silica also known as hydrophobic silica is water repellent and thus, cannot be dispersed in water. Hydrophobic fumed silica encompasses unique properties such as low moisture adsorption and improved rheological behavior.



Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=103347608



The pharmaceuticals application segment is projected to grow at the highest CAGR during the forecast period



The pharmaceuticals application segment is expected to register the highest growth in terms of volume during the forecast period. Fumed silica is used as an excipient in the pharmaceutical industry. It improves the flow properties of starting materials that are required for tablet and capsule manufacturing. Fumed silica is also used for coating larger excipients and active ingredient particles.



The fumed silica market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period



Asia-Pacific is the largest market for fumed silica, in terms of value, followed by North America and Europe. Various end-use industries such as construction and automobiles represent the bulk of the demand for fumed silica in the Asia-Pacific region. Moreover, rising awareness regarding the benefits of fumed silica has further contributed to the high demand for fumed silica in Asia-Pacific countries, such as China, Japan, and India.



Key players in the fumed silica market



Key players operating in the fumed silica market include Evonik Industries (Germany), Cabot Corporation (U.S.), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), Cargill, Inc. (U.S.), China National Bluestar (Group) Co., Ltd. (China), Applied Material Solutions, Inc. (U.S.), Chifeng Shengsen Silicon Technology Development Co., Ltd. (China), Kemitura A/S (Denmark), and Orisil (Ukraine).



Speak To Analyst: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=103347608



About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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