Lucintel Forecasts Specialty Silica Market To Grow At A Cagr Of 5% To 7% From 2021 To 2026

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According to the recent study the Specialty Silica Market is projected to grow at a CAGR of 5% to 7% from 2021 to 2026. Growth in this market is primarily driven by growth in rubber and coatings market and growing infrastructural development.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in specialty silica market by product type (precipitated, fused, fumed, gel, and colloidal), application (rubber, electronic components, agriculture, paints & coatings, food & beverage, personal care & cosmetics and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Precipitated silica market is expected to remain the largest segment during the forecast period.”
Based on product type, the specialty silica market is segmented into precipitated, fused, fumed, gel, and colloidal. Lucintel forecasts that the precipitated silica market is expected to remain the largest ...
... segment due to increasing demand of green tires, to minimize the fuel consumption.
“Within the specialty silica market, the rubber segment is expected to remain the largest application”
Based on application the rubber segment is expected to witness the highest growth over the forecast period due to increasing consumption of tire and non tire rubber in various applications. The silica when used in tire rubber increases the grip of tries and help with reducing rolling resistance.
“Asia pacific will dominate the specialty silica market in near future”
Asia Pacific will remain the largest region the forecast period due to growth in rubber consumption by the automotive industry, growing tire applications, increasing disposable income, growing industrialization in the developmental countries.
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Major players of specialty silica market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Evonik, Cabot, PPG Industries, Solvay SA, Imerys SA, AkzoNobel NV, and Ecolab are among the major specialty silica providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/specialty-silica-market.aspx or helpdesk@lucintel.com
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Lucintel
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