Fri. Jun 2nd, 2023
Precipitated And Hydrated Silica Market

The new report by Expert Market Research titled, ‘Global Precipitated and Hydrated Silica Market Report and Forecast 2023-2028’, gives an in-depth analysis of the global precipitated and hydrated silica market size, assessing the market based on its segments like segments, applications, end uses, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 6%

The increasing application of precipitated and hydrated silica as a thickening agent in food processing applications is driving the market growth. The thriving food and beverage industry across the world owing to the increasing global population is further propelling the demand for the product.

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The increasing expansion of rubber manufacturing facilities owing to its increasing application in the construction industry is likely to generate a significant demand for precipitated and hydrated silica in the coming years.

In terms of region, Asia Pacific accounts for a significant share of the market owing to the rapid urbanisation and increasing population.

Precipitated and Hydrated Silica Industry Definition and Major Segments

Precipitated and hydrated silica is defined as a chemical compound which is an amorphous form of silicon dioxide procured by precipitation of silicate salt solution. In appearance, it is white and powdery, and is widely applied in the industrial sector. Hydrated silica retains some amount of moisture during its procurement process.

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On the basis of segment, the market can be segmented into:

  • Precipitated Silica
  • Hydrated Silica

Based on application, the market has been segmented into:

  • Anti-Caking Agent
  • Thickening Agent
  • Absorbent
  • Others

By end use, the market has been segmented into:

  • Agrochemical
  • Food and Beverage
  • Personal Care and Cosmetic
  • Oral Care
  • Rubber
  • Others

The regional markets for precipitated and hydrated silica include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Precipitated and Hydrated Silica Market Trends

The key trends in the precipitated and hydrated silica market include the growing research and development activities in the agrochemical industry, which is bolstering the demand for precipitated and hydrated silica to explore its applications. The increasing demand for personal care and cosmetic products, owing to the rising disposable income and rising awareness about personal hygiene, is likely to aid the market growth. Furthermore, the thriving e-commerce industry is anticipated to generate a significant demand for precipitated and hydrated silica by propelling the sale of its downstream food and beverage and personal care product in the forecast period.

Key Market Players

The major players in the market are:

  • PPG Industries, Inc
  • Evonik Industries A.G.
  • Alban Muller
  • Oriental Silicas Corporation
  • Solvay Group
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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