Fumed Silica Market 2022- Global Demand, Sales, Consumption and Forecasts to Forecast 2028|Posted by Roger on April 4th, 2023 Fumed silica also known as pyrogenic silica, is a fine-grained, non-porous material produced by the vaporization of silicon tetrachloride or silicon dioxide in a high-temperature flame. It is used in a variety of applications, including adhesives, sealants, coatings, and composites. Market Overview: The global fumed silica market is expected to grow at a CAGR of around 6% from 2021 to 2026. The market is driven by increasing demand from end-use industries such as construction, automotive, and electronics. By application, the fumed silica market is segmented into silicone elastomers, adhesives & sealants, paints & coatings, pharmaceuticals, and others. Among these, the silicone elastomers segment is expected to hold the largest share of the market due to the increasing demand for silicone elastomers in various end-use industries. Geographically, the Asia-Pacific region is expected to dominate the fumed silica market during the forecast period. This can be attributed to the increasing demand from end-use industries such as construction, automotive, and electronics in countries such as China, India, and Japan. Key Players: The major players operating in the global fumed silica market include Applied Material Solutions Inc., Cabot Corporation, Chifeng Shengsen Silicon Technology Development Co. Ltd, China-Henan Huamei Chemical Co. Ltd, Dalian, Fuchang Chemical Co. Ltd, Dongyue Group Co. Ltd, Evonik Industries, Gelest Inc., Heraeus Holding, Kemitura AS, OCI Company Ltd, Tokuyama Corporation, and Wacker Chemie AG. These players are focusing on strategies such as mergers & acquisitions, partnerships, and collaborations to expand their market presence and strengthen their product portfolio. Conclusion: The fumed silica market is expected to grow significantly in the coming years due to increasing demand from various end-use industries. The Asia-Pacific region is expected to dominate the market during the forecast period. Key players in the market are focusing on strategies such as mergers & acquisitions, partnerships, and collaborations to strengthen their position in the market. Market Report Full Info - https://www.coherentmarketinsights.com/market-insight/fumed-silica-market-5405 About Coherent Market Insights Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us Mr. Shah Like it? Share it! More by this author |