Fumed silica is an amorphous substance that is obtained in the flame during the process of breaking down of silicon due to the reaction of water. Fumed silica or pyrogenic silica have an effective strong thickening effect due to small and low weight structure. It is mainly obtained from flame pyrolysis of silicon tetrachloride or quartz sand. Fumed silica is either used for reinforcing agent or rheology control for measuring the thickness of a system. It is used in various industries such as adhesive & sealants, paint & coatings, food & beverages, etc. It is mainly applied for filler and viscosity adjuster in adhesives, sealants, etc.
MARKET DYNAMICS
The global fumed silica market is growing at a significant pace owing to driving factors such as increasing demand from cosmetic industries due to its light diffusing properties. Furthermore, Increasing applicability due to its beneficial properties like enhancing mechanical property is likely to drive the demand for fumed silica in the coming years. However, high dependability on the growth of industries as it is a standalone product is projected to hinder the growth of fumed silica market. Likewise, enhancement of the mechanical properties like tensile strength, tear resistance, etc. may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Fumed Silica Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fumed silica market with detailed market segmentation by types, application and geography. The global fumed silica market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fumed silica market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fumed silica market is segmented on the basis of type and application. On the basis of types, the fumed silica market is segmented into, hydrophilic fumed silica, hydrophobic fumed silica. On the basis of application, the market is bifurcated into, paints, coatings & inks, adhesives & sealants, pharmaceuticals, UPR, gel batteries, lighting, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fumed silica market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fumed silica market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fumed silica market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fumed silica market in these regions.
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MARKET PLAYERSThe reports cover key developments in the fumed silica market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fumed silica market are anticipated to lucrative growth opportunities in the future with the rising demand for fumed silica in the global market. Below mentioned is the list of few companies engaged in the fumed silica market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fumed silica market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-AGSCO Corporation
-Applied Material Solutions Inc.
-Cabot Corporation
-HELM AG.
-Chiefeng Shengsen Silicon Technology Development Co. Ltd.
-China-Henan Huamei Chemical Co. Ltd.
-China National Bluestar (Group) Co. Ltd.
-Dalian Fuchang Chemical Co. Ltd.
-Dongyue Group Co. Ltd.
-Evonik Industries AG.
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