Precipitated Silica Market Size, Size, Demand, Growth & Trends by 2029

Market players are focusing on capacity expansion and product innovation to exploit the versatility of precipitated silica (SiO2). Developing regions of the world are expected to lead demand generation by the end of forecast period. Global precipitated silica market revenues will reach US$ 5.9 Bn by 2029 supported by a staggering growth rate of over 9% between 2019 and 2029.

Precipitated silica is witnessing increased traction from various end-use industries such as automobiles, cosmetics, construction, electronics, and agriculture. Investment in infrastructure, coupled with increasing disposable income will further the demand of precipitated silica used in manufacturing paints, coatings, cosmetics, and oral care products.

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Key Takeaways of Precipitated Silica Market Study

“Precipitated silica will witness exponential growth on back of surging infrastructure and automotive demand in developing economies. Manufacturers stand to gain from research and development into innovative applications of the product. Major players are making an effort to establish market dominance by investing in capacity expansion.”-FMI Analyst

Rubber Industry to Increase Market Demand

Propelling mass-adoption of precipitated silica, the rubber industry will influence growth trends during the forecast period. This is attributed to beneficial applications of precipitated silica in increasing road grip and reducing rolling friction. Promoting fuel efficiency, precipitated silica induced tires are referred to as green tires. Green tires have garnered increasing traction on the back of eco-friendly production trends in automotive industry. Consumer trends such as increase in disposable income and awareness of skin friendly cosmetics will generate demand from cosmetics end-use industry. Oral care is another lucrative opportunity that market players are capitalizing with the help of research and development in medical aplications.

Who is Winning?

The global precipitated silica market is fragmented. Major players in the market are investing in capacity expansion and innovative production processes. Important market players that shape the precipitated silica market are Evonik Industries AG, PPG Industries Inc., W.R. Grace & Co., Tosoh Silica Corporation, Solvay SA, Huber Engineered Materials, and Oriental Silica Corporation.

Market Segmentation

The global Precipitated Silica market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By End – Use Industry

Automobiles Cosmetics Electronics Agriculture Others By Application

Rubber Personal Care Fishing Boats Food Coating & Inks Adhesives & Sealants Others Region

North America Latin America Europe APEJ Japan Oceania Middle East & Africa Table of Content

  1. Global Precipitated Silica Market – Executive Summary

1.1. Global Market Outlook

1.2. Industry Roadmap

1.3. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Demand Analysis by End- Use Industry

3.2.1. Automobiles

3.2.2. Cosmetics

3.2.3. Electronics

3.2.4. Agriculture

3.2.5. Others

3.3. Product Innovation / Development Trends

3.3.1. Creating New Delivery Mechanisms

3.3.2. Indication Specific Products

3.3.3. Shift Toward Natural Ingredients

3.3.4. Preferential Inclination towards Non-Modified Convenience Ingredients

  1. Key Success Factors

to be continued…!

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