Global Precipitated Silica Market Size Study, by Application (Rubber, Agrochemicals, Oral Care, Food, Others), by End Use (Building & Construction, Food, Coating & Inks, Adhesives & Sealants), and Regional Forecasts 2022-2032

Description

The global precipitated silica market is currently valued at approximately USD 2.3 billion in 2023 and is expected to witness a compound annual growth rate (CAGR) of 7.10% during the forecast period of 2024-2032. Precipitated silica, known for its superior properties like high surface area, purity, and exceptional absorption capacity, plays a pivotal role across diverse industries. From improving the longevity and performance of rubber in tire manufacturing to enhancing the functionality of agrochemicals and toothpaste formulations, precipitated silica has emerged as a versatile material driving innovation and efficiency.

The growing emphasis on sustainable and energy-efficient solutions in end-use sectors has significantly amplified the demand for precipitated silica. Its applications span from reducing rolling resistance in automotive tires to optimizing viscosity in paints and coatings. The rapid advancements in manufacturing technologies and the development of tailored grades of precipitated silica have further elevated its adoption. However, the market faces challenges such as fluctuating raw material costs and stringent environmental regulations, which may impede its growth trajectory. Nevertheless, opportunities arising from the increasing focus on lightweight construction materials and the expanding use of precipitated silica in renewable energy applications are expected to mitigate these constraints effectively.

Regionally, the Asia-Pacific market dominates the precipitated silica industry, driven by rapid industrialization, burgeoning automotive production, and robust growth in the construction sector in countries such as China and India. North America holds a substantial market share, supported by innovation in green technologies and strong demand in the healthcare and food industries. Europe's market is bolstered by advancements in the coatings and adhesives segments, emphasizing eco-friendly solutions. Emerging regions like Latin America and the Middle East & Africa are also experiencing notable growth, fueled by infrastructure development and increasing investments in food security and agrochemicals.

Major market players included in this report are:

Evonik Industries AG
Solvay S.A.
PPG Industries, Inc.
W. R. Grace & Co.
Huber Engineered Materials
Madhu Silica Pvt. Ltd.
Tosoh Silica Corporation
Gujarat Multi Gas Base Chemicals Pvt. Ltd.
Quechen Silicon Chemical Co., Ltd.
Anten Chemical Co., Ltd.
Glassven C.A.
Supersil Chemicals (India) Pvt. Ltd.
Oriental Silicas Corporation
Fujian Zhengsheng Inorganic Material Co., Ltd.
Brisil

The detailed segments and sub-segment of the market are explained below:

By Application:

Rubber
Agrochemicals
Oral Care
Food
Others

By End Use:

Building & Construction
Food
Coating & Inks
Adhesives & Sealants

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Market estimates and forecasts for 10 years, from 2022 to 2032.
Annualized revenue analysis across regional and segment-specific levels.
Competitive landscape profiling major market players and their strategic initiatives.
Comprehensive analysis of emerging trends, challenges, and opportunities.
Strategic recommendations to navigate the evolving market landscape.

Chapter 1. Global Precipitated Silica Market Executive Summary

1.1. Global Precipitated Silica Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Application
- 1.3.2. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Precipitated Silica Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Precipitated Silica Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Sustainable and Energy-efficient Solutions
- 3.1.2. Advancements in Manufacturing Technologies
- 3.1.3. Growing Adoption Across Diverse Industries
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Costs
- 3.2.2. Stringent Environmental Regulations
3.3. Market Opportunities
- 3.3.1. Focus on Lightweight Construction Materials
- 3.3.2. Expanding Use in Renewable Energy Applications
- 3.3.3. Innovation in Tailored Grades

Chapter 4. Global Precipitated Silica Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Precipitated Silica Market Size & Forecasts by Application 2022-2032

5.1. Segment Dashboard
5.2. Global Precipitated Silica Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Rubber
- 5.2.2. Agrochemicals
- 5.2.3. Oral Care
- 5.2.4. Food
- 5.2.5. Others

Chapter 6. Global Precipitated Silica Market Size & Forecasts by End Use 2022-2032

6.1. Segment Dashboard
6.2. Global Precipitated Silica Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Building & Construction
- 6.2.2. Food
- 6.2.3. Coating & Inks
- 6.2.4. Adhesives & Sealants

Chapter 7. Global Precipitated Silica Market Size & Forecasts by Region 2022-2032

7.1. North America Precipitated Silica Market
- 7.1.1. U.S. Precipitated Silica Market
  - 7.1.1.1. Application Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. End Use Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Precipitated Silica Market
  - 7.1.2.1. Application Breakdown Size & Forecasts, 2022-2032
  - 7.1.2.2. End Use Breakdown Size & Forecasts, 2022-2032
7.2. Europe Precipitated Silica Market
- 7.2.1. UK Precipitated Silica Market
- 7.2.2. Germany Precipitated Silica Market
- 7.2.3. France Precipitated Silica Market
- 7.2.4. Spain Precipitated Silica Market
- 7.2.5. Italy Precipitated Silica Market
- 7.2.6. Rest of Europe Precipitated Silica Market
7.3. Asia-Pacific Precipitated Silica Market
- 7.3.1. China Precipitated Silica Market
- 7.3.2. India Precipitated Silica Market
- 7.3.3. Japan Precipitated Silica Market
- 7.3.4. Australia Precipitated Silica Market
- 7.3.5. South Korea Precipitated Silica Market
- 7.3.6. Rest of Asia Pacific Precipitated Silica Market
7.4. Latin America Precipitated Silica Market
- 7.4.1. Brazil Precipitated Silica Market
- 7.4.2. Mexico Precipitated Silica Market
- 7.4.3. Rest of Latin America Precipitated Silica Market
7.5. Middle East & Africa Precipitated Silica Market
- 7.5.1. Saudi Arabia Precipitated Silica Market
- 7.5.2. South Africa Precipitated Silica Market
- 7.5.3. Rest of Middle East & Africa Precipitated Silica Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Evonik Industries AG
- 8.1.2. Solvay S.A.
- 8.1.3. PPG Industries, Inc.
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Evonik Industries AG
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Solvay S.A.
- 8.3.3. PPG Industries, Inc.
- 8.3.4. W. R. Grace & Co.
- 8.3.5. Huber Engineered Materials
- 8.3.6. Madhu Silica Pvt. Ltd.
- 8.3.7. Tosoh Silica Corporation
- 8.3.8. Gujarat Multi Gas Base Chemicals Pvt. Ltd.
- 8.3.9. Quechen Silicon Chemical Co., Ltd.
- 8.3.10. Anten Chemical Co., Ltd.
- 8.3.11. Glassven C.A.
- 8.3.12. Supersil Chemicals (India) Pvt. Ltd.
- 8.3.13. Oriental Silicas Corporation
- 8.3.14. Fujian Zhengsheng Inorganic Material Co., Ltd.
- 8.3.15. Brisil

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes