Market
Analysis: Global Speciality Silicas Market
The Global Speciality Silicas
Market is expected to reach USD 6.12 billion by 2025, from USD 4.87 billion in
2017 growing at a CAGR of 5.9% during the forecast period of 2018 to 2025. The
upcoming market report contains data for historic year is 2016, the base year
of calculation is 2017 and the forecast period is 2018 to 2025.
Market
Definition: Global Speciality Silicas Market
Silica is a hard and
colourless compound that naturally occurs in sandstone and other rocks.
Specialty silica is mainly produced by the reaction between chemicals and blast
sand. It is available in the form of quartz, which is mainly derived from
silicon dioxide.. It is a fine powder which is used in powder or granule form
depending on the end-use industry.
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Market
Drivers:
·
Increasing demand of raw material from the
end use industry
·
Increasing demand from tire and non-tire
rubber market
·
Increasing Demand For Green Tires
·
Growing cosmetics & personal care
industry
Market
Restraint:
·
Health hazards that are related with silica
·
Manufacturing of the specialty silica
·
High product cost coupled with the
availability of cheaper substitutes
Segmentation:
Global Speciality Silicas Market
By
Product Type
·
Precipitated silica
·
Silica gel
·
Fused silica
·
Colloidal silica
·
Fumed Silica
By
Application
·
Rubber
·
Food & healthcare
·
Coatings
·
Plastics
·
Abrasives & refractories
·
Others
By
Geography
·
Asia Pacific
§ China
§ South
Korea
§ Japan
§ India
§ Australia
§ Singapore
§ Thailand
§ Indonesia
§ Malaysia
§ Philippines
§ Rest
of Asia-Pacific
·
North America
§ US
§ Canada
§ Mexico
·
Europe
§ Russia
§ Turkey
§ Belgium
§ Netherlands
§ Switzerland
§ Spain
§ France
§ Germany
§ Italy
§ UK
§ Rest
of Europe
·
South America
§ Brazil
§ Rest
of South America
·
Middle East & Africa
§ South
Africa
§ Rest
of MEA
The key players operating in the global speciality silicas market are -
· PPG Industries, Inc,
· Cabot Corporation,
· Wacker Chemie AG,
· Tokuyama Corporation,
· Huber Engineered Materials,
· Evonik Industries Ag,
· Akzo Nobel N.V.,
· Solvay S.A.,
· Nissan Chemical Industries, Ltd.,
· W. R. Grace & Co.,
· Dalian Fuchang Chemical Co., Ltd.,
· Qingdao Makall Group Inc.,
· Anten Chemical Co.,Ltd.,
· 3M,
· Nalco Holding Company,
· Oriental Silicas Corporation,
· Glassven C.A.,
· Madhu Silica Pvt. Ltd.,
· PQ Corporation,
· Tosoh Corporation,
· Ecolab,
· Kemira Oyj
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Competitive
Analysis: Global Speciality Silicas Market
The global speciality
silicas market is highly fragmented and the major players have used various
strategies such as new product launches, expansions, agreements, joint
ventures, partnerships, acquisitions, and others to increase their footprints
in this market. The report includes market shares of friction modifiers market
for global, Europe, North America, Asia Pacific, South America and Middle East
& Africa. For instance, in June 2017, European Commission approved the EU
merger regulation for evonik’s acquisition of huber silica to produce products
such as toothpaste, paper, animal feed and many more silics related products.
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