DUBLIN--(BUSINESS WIRE)--The "Global Fumed Silica Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Global fumed silica market is projected to witness a compound annual growth rate of 5.50% during the forecast period, reaching a total market size of US$989.32 million in 2023 from US$717.5 million in 2017.
Rising applications of fumed silica across various end-use industries is driving the growth of fumed silica market. Increasing production of ferrosilicon over the past few years is also contributing to the market growth. Hydrophobic fumed silica segment is expected to grow at the fastest rate on account of increasing consumption of paints and coatings due to its water-repellent feature. This growth is also attributed to a surge in manufacturing of water repellent paints and coatings and construction of non-corrosive structures.
Geographically, Asia Pacific is expected to be the largest market for fumed silica during the forecast period owing to high demand for fumed silica across developing countries such as China and India. Growing popularity of eco-friendly paints and coatings restrains the growth of fumed silica market.
- Hydrophobic Fumed Silica
- Hydrophilic Fumed Silica
- Adhesives and Sealants
- By End Use Industry
- Paints and Coatings
- Consumer Electronics
- North America
- Middle East and Africa
- Saudi Arabia
- Evonik Industries AG
- Wacker Chemie AG
- Cabot Corporation
- Tokuyama Corporation
- Zhejiang FuShiTe Group Co., Ltd
- Guangzhou GBS High-Tech. & Industry Co., Ltd
- Dongyue Group Ltd
- Boehle Chemical, Inc.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Fumed Silica Market By Type
6. Global Fumed Silica Market By Application
7. Global Fumed Silica Market By End Use Industry
8. Global Fumed Silica Market By Geography
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/c2s4fp/global_fumed?w=4