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Global Fumed Silica Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0444
Global Fumed Silica Market Outlook to 2029

Report Description

Fumed Silica as a three-dimensional structure resulting in an increase in viscosity thixotropic behavior when used as a reinforcing filler or thickener. According to BlueQuark Research & Consulting, the global Fumed Silica market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing demand for Fumed Silica are driven by the surging Construction Industry and the demand for Fumed Silica in preparation of high-quality cement which is expected to drive the need for Fumed Silica market in the forecasted period. Further, the increasing demand for Fumed Silica in Agriculture as a fertilizer for crop enhancement and in the food and beverage industry is expected to propel the demand for Fumed Silica in the forecasted period. Furthermore, the surging Pharmaceutical Industry is expected to further increase the demand for Fumed Silica in the forecasted period. However, the stringent government regulations on the use of fumed Silica as it could affect the health of humans could hamper the growth of Fumed Silica in the forecasted periods.

Fumed Silica is majorly worn as an anticaking agent and thickening agent. The major application fragment of fumed Silica includes paints, coatings, inks, adhesives, and sealants. Coatings, cosmetics, plastics, paints, adhesives, sealants, and unsaturated polyester resins are just a few of the industries that employ pyrogenic Silica. Fumed Silica is also worn as an anti-settling ingredient in the paint and coating industries. Fumed Silica can be used as an excipient in pharmaceutical products. 

The Construction Industry is a prime consumer of Fumed Silica globally and is expected to drive the future market. The construction & building industry is the fastest-growing sector in the world. The increasing population has raised the demand for low-cost living and office spaces in large metropolitan cities. Countries have also been upgrading their infrastructure, which indirectly attracts foreign investments, thus increasing their growth rate. Fumed Silica is the second-largest material consumed by humans for construction after water. Fumed Silica is used in the construction industry to make high-performance concrete. Fumed Silica has a broad range of applications in the building and construction industry, including pipes, architectural coatings, electrical wiring within building walls and ceilings, ducts, basements, glazing frames, ceiling joints, floors, roofs, cladding, retaining walls, bathroom components external walls, and fixtures, corrosion-resistant tanks, cultured marble, panels for floor and walls, sanitary-ware, and tanks. Fumed Silica is capable of imparting high compressive strength high flexural strength, increasing the toughness and durability of concrete, increasing the bond strength, increasing the electrical resistance of concrete, and decreasing the permeability of concrete to water. Fumed Silica is a highly pozzolanic material used in the construction industry to enhance concrete mechanical and durability properties. The increasing usage of high-quality concrete is expected the drive the Fumed Silica market in the forecasted years. More than 50% of the global GDP is generated in cities, and urbanization can lead to sustainable growth if managed well by increasing productivity.

The Asia Pacific has been the dominating region both in the production and consumption of Fumed Silica and is expected to continue at the same pace. The construction industry is on the rise due to the surge in urbanization in the region, increasing the demand for Fumed Silica in the forecasted years. The North American region is the second most dominating region, with the United States dominating the market. In the pharmaceutical industry, tablets and capsules are a significant challenge but fumed silica aids enhance properties to make the procedure much easier. Fumed Silica has many uses in tablet-making, such as adsorbents, disintegrates, or glidants, anticaking agents, to allow powder to move freely when tablets are prepared. These compounds emerge to be biologically inert. The industry is raising its demand for fumed Silica as it improves the property of paints and coatings to meet consumer needs. Fumed Silica in sealants shows thixotropic properties and gives sag-specific characteristics for successful practical application. It also offers reinforcement and mechanic properties to sealants. These characteristics cannot be achieved by any other source, and hence fumed Silica has a benefit in the sealants market and enjoys supremacy. A growing construction industry across the world is accelerating the demand for paints and coating, in turn offering considerable growth opportunities for the fumed silica market. The United States is one of the largest agricultural producers and users of agricultural fertilizers globally. Average pesticide expenditures in the United States were 5% in 2012 and 6.2% in 2016 of total farm expenditures. The demand for food crops has been surging, and farmers have increased the use of fertilizers to enhance the crop output. Fumed Silica is extensively used in the pharmaceuticals industry as a glidant, filler, disintegrant, binder, lubricant, and sorbent. The overall economic impact of the pharmaceutical industry on the U.S. economy is substantial. The industry accounts for more than USD 2 trillion in economic output, representing nearly 5% of the total U.S. output. Moreover, the United States attracts most global venture capital investments in start-up biopharmaceutical enterprises. The Food and Beverage Industry is expected to reach USD 26,774 million in 2021, with user penetration expected to be around 32.7% by the end of 2021. Since fumed Silica is used extensively in the food and beverage industry to improve purity and desirability, decolourizing liquid syrups, and purify edible oil, the fumed silica market is expected to surge in the United States during the forecasted years.

Major global players in the industry were Tosoh CorporationWacker Chemie AGOriental Silicas CorporationNissan Chemical Corporationand Evonik Industries AG.

In May 2021, Cabot Corporation announced a joint venture with China National Bluestar Group to build a second Fumed Silica manufacturing facility in China.

In October 2019, Wacker Chemie AG expanded its production facility by inaugurating a new facility in Charleston for fumed Silica with an annual capacity of 13,000 metric tons for its HDK brand.

Global Fumed Silica Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Fumed Silica market by segmenting based on the Type (Hydrophobic Fumed Silica, Hydrophilic Fumed Silica), Application (Adhesives and Sealants, Coatings, Composites, Others), End-User Industry (Construction, Personal Care, Food and Beverage, Agriculture, Pharmaceuticals, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Fumed Silica market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Fumed Silica market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Fumed Silica evolve over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

North America Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

United States Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Canada Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Mexico Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Europe Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

United Kingdom Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Other Supporting Charts

Germany Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Italy Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

France Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Rest of Europe Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

South America Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Brazil Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Argentina Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Rest of South America Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Asia-Pacific Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

China Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

India Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Japan Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

South Korea Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Rest of Asia-Pacific Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Midde East & Africa Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Saudi Arabia Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

South Africa Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

Rest of Middle-East & Africa Fumed Silica Market Size, Market Growth & Market Forecast Revenue(in USD Million), 2017-2027

  Who need this report?

  • Fumed Silica Manufacturing Companies
  • Construction Companies
  • Sealants Manufacturing Companies
  • Food and Beverage Companies
  • Suppliers, distributors of Fumed Silica
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Fumed Silica Market Outlook to 2027.pdf
Market Data - Global Fumed Silica Market Outlook to 2027.xls

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