Mo. Mai 6th, 2024

According to the ChemAnalyst report titled “Global Fumed Silica Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2035,” the Fumed Silica market is poised for significant growth, with an estimated reach of approximately 470 thousand tonnes by 2035, driven by an expected Compound Annual Growth Rate (CAGR) of 4.51% during the forecast period until 2035. This expansion is attributed to the increasing demand for Fumed Silica across various end-use industries, including Food & Beverages, Paints, Coatings & Inks, Adhesives & Sealants, Synthetic Rubber, and others.

 

>> Click Here To Get Latest Fumed Silica Market Sample Report

 

Fumed Silica is produced through the pyrolysis of silicon tetrachloride in a flame or by vaporizing quartz sand in an electric arc at 3000 °C. It is used in powders as a thickening agent, anti-caking agent, and free-flowing agent, offering thixotropic properties. Industrial applications of Fumed Silica encompass the production of paints, adhesives, printing inks, coatings, polyester resins, silicon elastomers, sealants, and vacuum-insulated panels.

 

The global Fumed Silica market is primarily driven by the growing demand for finished goods. Rapid urbanization has led to an increased need for finished goods, including automobiles, which, in turn, fuels the demand for paints, coatings, and adhesives. Fumed Silica’s thixotropic nature makes paints sag-free and easier to spread on surfaces, while its high degree of reinforcement makes it a suitable ingredient for preparing adhesives and sealants. In 2021, approximately 50% of global Fumed Silica was collectively used by the Adhesives & Sealants and Paints, Coatings & Inks Industries.

 

The Fumed Silica market is segmented based on end-use, sales channel, and region. End-use segments include Personal Care & Cosmetics, Food & Beverages, Paints, Coatings & Inks, Adhesives & Sealants, Synthetic Rubber, and others. The Adhesives & Sealants Industry led the Fumed Silica market, accounting for a market share of approximately 25% in 2021. In this industry, Fumed Silica is used to increase viscosity, alter extrusion, and improve anti-settling properties. Additionally, the Paints, Coatings & Inks industry represents a major consumer of Fumed Silica.

 

Regionally, North America dominates the global Fumed Silica market, consuming nearly 30% of global Fumed Silica in 2021, surpassing other regions. Rapid urbanization and the resulting greater demand for finished goods and vehicles are propelling the global Fumed Silica market in North America.

 

Key players in the Fumed Silica market, as highlighted in the report “Global Fumed Silica Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2035,” include Evonik Industries AG, Zhejiang Sucon Silicone Co., Ltd., Cabot Corporation, OCI Company Ltd, Nippon Aerosil Co Ltd, Henan Xunyu Chemical, Tokuyama Corporation, Tata Chemicals Limited, Wacker Chemie AG, Chifeng Shengsen Silicon Technological Development Co., Ltd, Hubei Xingfa, and Chemplast Sanmar Limited.

 

>> Click Here To Read Full Report:

https://www.chemanalyst.com/industry-report/fumed-silica-market-712

 

Mr. Karan Chechi, Research Director at TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide, noted, “The expansion of the global Fumed Silica market, primarily for producing adhesives, sealants, paints, and coatings, is most likely to drive the global Fumed Silica market in the forecast period until 2035. The demand for finished goods and vehicles is on the upswing due to rapid industrialization across the globe, which is anticipated to drive up the demand for Fumed Silica in the forecast period.”

 

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