Fumed Silica Market to 2025 Industry Size, Share, Revenue Analysis


23rd January 2019 - Global fumed silica market demand is expected to witness a steady growth on account of its increasing usage as a thickening agent and anticaking agent. Cosmetics and paint & coating is expected to drive the overall market in near future. Fumed silica is an inorganic compound and consists of microscopic droplets of amorphous silica. They exhibit strong thickening effect. The fumed silica particles are non-porous and have high surface area with high density.

Fumed silica is produced through flame pyrolysis of quartz sand or silicon tetrachloride. These materials are vaporised in an electric furnace at a temperature of 3000 degree Celsius. Usage of fumed silica as a universal thickening agent is a major application driving the overall demand. This compound is used in the manufacturing of desiccant which is widely used to keep the surrounding dry. Further, its application in cosmetics due to its light diffusing properties has been driving the market demand in recent years. There has been a significant increase in cosmetics and personal health care products on account of increasing life style and expansion of the retail sector.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/fumed-silica-market

Usage of fumed silica in toothpaste as a light abrasive is expected to provide great opportunities for the market growth in near future. Toothpaste is an essential commodity in the retail sector and is globally consumed. Similarly, use of these compounds in the manufacturing of paints, coatings, inks, and adhesives provide lucrative opportunities for overall market growth. They are mostly used in paints for viscosity adjustments and also as filler in silicone elastomers. Government regulations and safety related to this organic compound offers a major challenge for the overall industry growth. Fumed silica is not categorised as a carcinogen either by OSHA, IARC or NTP. However, regulatory bodies have set standards for best industry practices. Fumed silica offers inhalation risk as they are easily airborne on account of its fineness and thinness.

Market segmentation is done on the basis of application which includes cosmetics, toothpastes, paints and coatings. Cosmetics account for maximum segment share owing to its excellent anticaking agents in powders. Segmentation demand is followed by toothpaste owing to its thickening properties. Paint and coatings is expected to provide great opportunities owing to the rise of paint consumption especially from the automotive sector.

Asia Pacific has been the leading market in recent years in terms of demand and is expected to continue its increasing application in toothpaste production. China has shown substantial production and consumption of fumed silica for the purpose of thickening paints, adhesives and coatings. Emerging economies such as India and China are expected to witness a significant growth on account of high investment in in-organic chemical manufacturing. Further, regional demand is followed by North America mainly on account of increasing use of cosmetics. Development of new cosmetic and personal healthcare products has fuelled the demand in developed economy such as the US.

Europe is expected to show a steady growth over the forecast period with increasing demand on account of cosmetic applications. South America and Africa is expected to witness a stagnant growth owing to the slow growth of overall development of application industries. Major players manufacturing fumed silica are Cabot Corporation, Evonik, Wacker Chemie, Dow Corning, Tokuyama Corporation and OCI. Companies are focussing on research and development in order to find out new applications for fumed silica. This is expected to diversify the application portfolio and therefore propelling the demand in near future.

Request a Free Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/fumed-silica-market/request-sample



Comments

Post a Comment

Popular posts from this blog

Colloidal Silica Market Share, User Demands, and Growth Rate To 2022

Image
11 th July 2019 – The global colloidal silica market is anticipated to grow at a significant CAGR of 5.8% during the forecast period. Colloidal silica finds various application in the fabrication and electronics industry such as semiconductor wafer polishing, casting and others. Basically, it is a constant diffusion of solid silica particles. Commercially, it is used to polish metals, alloys, ceramics, minerals and composites. It is also used in diamond polishing. Colloidal silica comprises fine particles of silica that remain suspended in liquid for a long period of time. The particles become amorphous in nature having a negative electrical charge. These particles are insoluble in the distilled water as pH is the main factor to influence the stability of colloidal silica. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/colloidal-silica-market/request-sample Colloidal silica market is driven by extensive demand in the paper ...
Read more

Photovoltaic Backsheet Market Share, Consumption and Revenue Analysis Report 2028

11 th July 2019 – Global photovoltaic backsheet market is anticipated to witness an exponential growth in the forecast period. Photovoltaic (PV) backsheet constitutes the outermost layer of the PV module assembly and is one of the most critical materials used in the solar PV module assembly. The PV backsheet is designed to defend the inner constituents of the component. The photovoltaic backsheet material is covered with an encapsulant on the solar cell. Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/photovoltaic-backsheet-market/request-sample The factors that propel the growth of the photovoltaic backsheet market include growing demand for photovoltaic backsheet in the industry, technological advancement, ongoing development of the photovoltaic industry, satisfactory regulatory schemes and initiatives, reduced production price, efficient administration policies, and increasing investments from funding groups organized by local establ...
Read more

Diammonium Phosphate (DAP) Market Demand and Forecast Report By 2025

17 th January 2019 - Global Diammonium Phosphate (DAP) market is expected to witness rapid growth in the near future owing to high demand from fertilizer industry coupled with several favorable properties. Huge demand for fruits & vegetables and for other crop is estimated to drive the DAP market over the forecast period. Diammonium phosphate (DAP) also named as diammonium hydrogen phosphate is series of water-soluble ammonium phosphate salts which are produced by ammonia and phosphoric acid reaction. Solid diammonium phosphate shows some dissociation ammonia pressure. Huge food requirement from region such as India and China is estimated to drive the market over the forecast period. Several advantageous properties such as it increase the soil PH for shorter duration makes the usage of the Diammonium Phosphate (DAP) beneficial. However, stringent regulations are expected to hamper the growth over the eight year period. The industry is segmented based on product type as sev...
Read more