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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Precipitated and Hydrated Silica Market Trends
The poor growth of the automobile and aviation industries due to the COVID-19 pandemic may affect the production levels of tyre, which, in turn, will affect the demand for precipitated silica. However, the growth of the EV sector, equally reliant on tyres as conventional commercial vehicles, will help bolster demand of global precipitated and hydrated silica market. Additionally, precipitated silica, when utilised in vehicle tyres, can increase fuel performance, which is of increased relevance as standards for fuel efficiency in automobiles continue to rise.
| 2023 Market Share by | Country |
| UK | 4.3% |
| USA | XX% |
| Canada | XX% |
| Germany | XX% |
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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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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124