Industries > Chemicals > Precipitated Silica Market Report 2019-2029

Precipitated Silica Market Report 2019-2029

Forecasts by Application (Agrochemicals, Rubber, Food, Oral Care, Others), Plus Analysis of Leading Companies

PAGES: 157
PRODUCT CODE: CHE0040
SUBMARKET: Bulk Chemicals

DOWNLOAD FREE SAMPLE
Clear
WOOCS 2.2.1
SKU: CHE0040 Categories: , Tag:

Visiongain’s new report indicates that the global Precipitated Silica market will attain $3.86 billion revenue by 2029.

Global Precipitated Silica Market is expected to grow on account of growing demand from agrochemical, vehicle tyre industry and food industry among others. The market is expected to grow at a healthy CAGR of 7.2% over the projected period. Precipitated silica is generated at high temperatures by the reaction of acid, for example sulfuric acid (H2SO4) with alkaline silicate. Sodium silicate is the most prevalent alkaline silicate used in precipitated silica manufacturing. The silica is generated by precipitation, by stirring the solution in the presence of reactants. Silica’s characteristics differ based on several variables including reactants, response temperature, and duration of the reaction. Precipitated silica dominates worldwide silica demand.

Rubber, cosmetics, chemicals, plastics, adhesives, and packaging are among the major applications for precipitated silica. The worldwide demand for precipitated silica is dominated by rubber followed by chemical production. Among the automobile industry, the electronic industry is also anticipated to offer lucrative growth for the precipitated silica market over the forecast period.

In 2019 Asia Pacific Precipitated Silica Market accounted for more than 30% of overall market share due to growth in manufacturing sector and growing GDP in the emerging economies of China and India. In addition, North America’s demand for precipitated silica is expected to expand at a sluggish pace mainly due to market saturation in several end-use sectors including automotive and plastic sectors, among others. Increasing environmental regulations are expected to restrict North America and Europe’s demand for precipitated silica. However, it is expected that reviving demand for cars in Europe will increase precipitated development in the silica industry.

The precipitated silica market is highly fragmented and regional players make up a significant part of the worldwide market share. Therefore, there is high price sensitivity to precipitated silica market. In addition, low capital investment has increased the risk of fresh market entrants, primarily in developing economies.

The comprehensive report offers market estimation and forecast for the period ranging 2019- 2029 for leading national markets and rest of the world. Moreover, the report contains dedicated companies covering 20 leading companies in the field of Precipitated Silica.

The Precipitated Silica Market Report 2019-2029 report will be of value to anyone who wants to better understand the precipitated silica market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Precipitated Silica industry.

Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

Download sample pages

Complete the form below to download your free sample pages for Precipitated Silica Market Report 2019-2029


Download sample pages

Complete the form below to download your free sample pages for Precipitated Silica Market Report 2019-2029


Latest Chemicals news

Visiongain Publishes China Antiscalants Market Report to 2031

The growth of the industry will increase over the next few years, as expansion of different fields of application such as energy and coal gasification.

06 August 2021

READ

Visiongain Publishes Chemical Tanker Shipping Market Report to 2031

Increased demand for vegetable oil and fat is also projected during the forecast period to boost the growth of the chemical tanker market.

06 August 2021

READ

Visiongain Publishes Chemical Sensors Market Report to 2031

The growth in demand for chemical sensors will also support the aging of the generations of baby boomers and the above-average growth in new diabetes diagnoses that will continue to boost demand in the medical market on moving blood glucose monitors.

06 August 2021

READ

Visiongain Publishes Chemical Pulp Market Report to 2031

Brown pulp is highly employed on the packaging market and is also a plastic alternative that will eventually drive the growth of the industry in brown pulp.

06 August 2021

READ

Categories