Global Specialty Silica Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz, in its upcoming report titled, “Global Specialty Silica Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global specialty silica market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global specialty silica market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global specialty silica market is estimated to exhibit a X.X% CAGR in terms of value during the forecast period 2018–2027. The global specialty silica market report has been segmented on the basis of product, application and region.

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Specialty silica such as precipitated silica, fumed silica, and colloidal silica are used in applications such as food & beverages, plastics, rubber, oral care, and agriculture & feed. For instance, in food & beverages, it works as a clarification agent for beer, in plastics, it is used during polymerization process to avoid sticking of polymer layers to each other during processing.

Specialty silica market is expected to grow over the forecast period, on account of increasing applications in oral care, rubber, plastics, and food & beverage industries. Growing demand for rubber on account of automotive industry growth in developing economies is expected to have a positive impact on the global specialty silica market over the forecast period. Increasing number of regulatory approvals from associations like U.S Department of Agriculture and FDA regarding the use of specialty silica in food & beverages is expected to boost the demand for specialty silica over the forecast.

Colloidal silica product segment is expected to be the fastest growing product segment in the specialty silica market. Increasing demand for end use applications such as catalyst, paper & textile applications, tobacco treatment, rubber, ceramics, and pharmaceutical applications is expected to fuel the demand for colloidal silica over the forecast period.

Rubber application segment is estimated to be the largest application segment in global specialty silicon market. Properties of specialty silica namely high tensile strength and scratch resistance are expected to boost the demand for specialty silica in rubber industries. In addition, growing demand for green tires in North America and Europe is expected to fuel the specialty silica market.

The Asia Pacific is expected to dominate the global specialty silica market. Rising automotive industry in emerging economies like China and India has led tire industry growth which in turn is expected to boost the specialty silica market in the region. North America is estimated to be the second largest market. This can be attributed to their efficiency and growing demand for various application industries.

Market segmentation and key players operating in the global market:

Global specialty silica market segmentation, by product:

• Precipitated silica
• Fused silica
• Colloidal silica
• Others

Global specialty silica market segmentation, by application:

• Rubber
• Food & Beverages
• Plastics
• Personal care
• Others

Global specialty silica market segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa