Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Precipitated and Hydrated Silica Market Size

The global precipitated silica market was valued at an estimated USD 1.91 billion in 2023. The combined market for precipitated and hydrated silica is expected to grow at a CAGR of 6.0% in the forecast period of 2024-2032 to reach USD 3.2 billion in 2032.

 

Global Precipitated and Hydrated Silica Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 1.91
Market Size 2032 USD Billion 3.2
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.0%
CAGR 2024-2032 - Market by Region Asia Pacific 6.9%
CAGR 2024-2032 - Market by Country India 6.9%
CAGR 2024-2032 - Market by Country China 6.4%
CAGR 2024-2032 - Market by Application Thickening Agent 6.7%
CAGR 2024-2032 - Market by End Use Personal Care and Cosmetic 6.8%
Market Share by Country 2023 UK 4.3%

 

Precipitated and Hydrated Silica Market Report Snapshots

Precipitated and Hydrated Silica Market Size

Precipitated and Hydrated Silica Market Growth

Precipitated and Hydrated Silica Market Trends

Precipitated and Hydrated Silica Companies

Precipitated and Hydrated Silica Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

The global precipitated silica market reached a size of approximately USD 1.91 billion in 2023.

The combined market for precipitated and hydrated silica is estimated to grow at an approximate CAGR of 6% in the forecast period of 2024-2032.

The major drivers of the industry, such as the increasing demand for high-performance rubber products, rising disposable incomes, increase in sales of vehicles, growth of the Asia Pacific rubber industry, and the thriving food and beverages sector, are expected to aid the market growth.

The key industry trends driving the growth of the precipitated and hydrated silica market include the sharp growth of the pharmaceuticals industry, and increase in R&D activities.

The EMR report looks into the regional markets of precipitated and hydrated silica like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The market is bifurcated into two segments, precipitated silica and hydrated silica.

Precipitated and hydrated silica are most commonly used as anti-caking agents, thickening agents, and absorbents, among others.

The major end use sectors of the product include agrochemical, food and beverage, personal care and cosmetics, oral care, and rubber, among other industries.

The key players covered in the report include PPG Industries, Evonik Industries A.G., Alban Muller, Oriental Silicas Corporation, and Solvay Group, among others.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.2 billion by 2032.

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