PUBLISHER: Market Research Future | PRODUCT CODE: 1549988
PUBLISHER: Market Research Future | PRODUCT CODE: 1549988
Global Precipitated Silica Market Research Report Information By Grade (Rubber Grade, Food Grade, Non-Rubber Grade, Return Flow Control Drilling (RFCD), By Application (Additive, Free-Flow and Carrying Agents, Thickening Agents, Anti-Caking Agents, Others), By End-Use Industry (Rubber Industry, Food & Feed, Automotive, Paints & Coatings, Personal Care & Cosmetics, Others) and By Region - Forecast to 2030
The precipitated silica industry is expected to increase at a CAGR of 3.9% over the forecast period. Precipitated silica is frequently utilized in the rubber sector, particularly for tires and belts. Precipitated silica has higher tear strength and abrasion resistance than certain other materials. Precipitated silica is used in rubber and rice rollers to improve abrasion resistance, stiffness, and tear strength.
It acts as a reinforcing agent, providing increased tensile strength, durability, and longevity. As a result, the global precipitated silica market is expected to increase significantly during the next decade. It is also utilized in shoe bottoms because of its wear and tear durability, non-scuffing capabilities, and the ability to create compounds with light colors or even transparent materials. Provides increased durability and resilience, as well as improved modulus. It also improves tear strength because to its small particle size and complex aggregate structure for conveyor belts and transmission belts.
The rising use of silica sand in glass manufacture is due to its high thermal shock resilience and low coefficient of thermal expansion, which reduce material changes caused by rapid temperature changes. It is composed of silicon dioxide (SiO2), which forms the glass's base when melted at high temperatures. The purity and regularity of the silica sand are essential for ensuring that the completed glass product has desirable properties such as transparency, strength, and durability. Silica sand is the fundamental component of all traditional and specialized glasses.
According to the Global Cement and Concrete Association, assuming current construction practices, the overall demand for concrete is expected to increase from 14.0 billion m3 in 2021 to around 20 billion m3 in 2050. As a result of the increasing demand for concrete, the silica sand market is predicted to expand, as silica is a primary element used in the production of concrete. Ground Silica serves as a functional extender, providing durability and anti-corrosion qualities. It works like a charm on epoxy-based compounds, sealants, and caulk. Whole grain silica sand is used in flooring, mortar, cement, stucco, roofing shingles, and asphalt mixtures.
Market Segment insights
The Precipitated Silica Market has been divided into three categories: rubber grade, food grade, and non-rubber grade.
The Precipitated Silica market is divided into five categories: additives, free flow and carrying agents, thickening agents, anti-caking agents, and others.
The Precipitated Silica market is split by end-use industry, including the rubber sector, food and feed, automotive, paints and coatings, personal care and cosmetics, and others.
Regional insights
The global market is divided into five regions: North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Asia-Pacific led the market with a 49.4% share, accounting for USD 1,209.61 million in 2021; it is predicted to grow at the fastest CAGR of 9.15% from 2022 to 2030. North America was the second largest with a share of 21.4% in 2021, worth USD 523.74 million; it is expected to grow at a CAGR of 7.84%.
Key companies in the precipitated silica market include Ppg Industries, Inc., Industrias Quimicas Del Ebro Sa, Evonik Industries Ag, Tata Chemicals Ltd., Antenchem Co., Ltd., Solvay Sa, Pq Corporation, Oriental Silica Corporation, Tosoh Silica Corporation, and Madhu Silica Pvt. Ltd.