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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Specialty Silica Market Size, Share, Industry Outlook & Forecast

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Specialty Silica Market Size, Share, Industry Outlook & Forecast"— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Specialty Silica Market Size, Share, Industry Outlook & Forecast 2017-2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Specialty Silica Market size is likely to witness a prominent growth, expanding at a moderate CAGR over the forecast period. Specialty silica, chemical name silicon dioxide, is largely available in nature as quartz. Specialty silica is used in wide range of industries including paints & coatings, rubber, personal care & cosmetics, electronic components, refractories, food & beverage and plastics. Global Specialty Silica Market  Enormous investments in research & development along with technological advancements for cost competitive product manufacturing, is expected to have a positive influence on the global specialty silica market size by 2024. Regulatory approvals by numerous associations such as U.S Department of agriculture and FDA pertaining to the product use in food & beverage industry will be the factor driving specialty silica market size in the forecast period. Global Market Scenario of Specialty Silica Industry

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The rising demand for oral care and cosmetic products in developing countries, will be escalating the specialty silica market size in the coming years. For instance, the global cosmetic industry sales in likely to expand at over 5% CAGR from 2017 to 2024. Furthermore, due to the abrasion resistance and high tensile strength of the product, it is highly desirable in rubber industry.  Reasons to Buy This Report: 1. Specialty Silica Market size & share forecast by product & application 2. Growth drivers, pitfalls & industry challenges 3. Key Specialty Silica Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Based on the product, the global specialty silica market share is segmented into fumed, precipitated, colloidal, fused silica and silica gel. Precipitated silica was the major product segment in 2016. It is widely used as a performance additive to increase wear resistance and wet grip capabilities in industrial and automotive tires. Continue…

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ https://www.gminsights.com/roc/1506 Research Methodology

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The specialty silica market size, in terms of demand and production is led by the Asia Pacific.  India, china, south Korea and Japan are the main consumers of product due to rising demand of the paints & coatings in automobile and construction industry, which has perpetually influenced the specialty silica market size.  Also, automobile manufacturers in Asia Pacific are actively moving towards green tire development and pursuing it as future business, thus propelling the product demand in the near future.  North America is the second biggest consumer of the product. This can be attributed to their high efficiency and increasing application scope in green tire development. Regional and Competitive Insights Request table of contents of this research report@ https://www.gminsights.com/request-toc/upcoming/1506

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Inquire for Buying this report@ https://www.gminsights.com/inquiry-before-buying/1506  The major players functional in the specialty silica market share are AkzoNobel, PPG Industries, Solvay, Cabot Corporation, Madhu Silica Private Limited, Huber Engineered Materials, Tokuyama Corporation, Evonik Industries, W. R Grace & Company and Nalco Holding Company.  On account of growing demand from tire & rubber industry, Evonik Industries began with production of precipitated silica at their new plant in Essen, USA in 2015. Likewise, Evonik and PPG Industries also announced new site for production of precipitated silica in 2016. Solvay launched highly dispersible silica (HDS) in 2015, that enhances performances in tires by saving energy. Competitive Insights

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Specialty Silica Market@ https://www.gminsights.com/industry-analysis/specialty-silica-market Request Table of Contents of this report@ https://www.gminsights.com/request-toc/upcoming/1506 For Customization in this report click@ https://www.gminsights.com/roc/1506

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