Product Code: CMI5405
The global fumed silica market is estimated to be valued at USD 1.16 Bn in 2024 and is expected to reach USD 1.66 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 1.16 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.20% |
2031 Value Projection: |
US$ 1.66 Bn |
Figure. Fumed Silica Market Share (%), By Region, 2024
The global fumed silica market has been witnessing significant growth in recent years. Fumed silica, also known as pyrogenic silica, is an ultra-fine amorphous form of silica produced by the hydrolysis of silicon halides in a flame reactor. It has a wide range of applications across industries such as paints & coatings, food & beverages, personal care, and pharmaceuticals among others. Properties like thickening, thixotropy, suspending, and dispersing have increased its demand in the manufacturing of various products. Additionally, rising health consciousness has boosted the consumption of fumed silica in the dietary & food supplement industry. However, volatility in raw material prices remains a key challenge.
Market Dynamics:
The global fumed silica market is driven by rising product demand from the paints & coatings industry. Fumed silica acts as an important additive for enhancing the viscosity and shelf-life of paints. Growing construction activities across developing nations are positively impacting paint consumption. However, high dependence on China for raw material supply is a major restrain. Moreover, growing preference for eco-friendly products in personal care industry presents an opportunity for natural alternative to fumed silica. The development of specialty grades of fumed silica with enhanced properties can further provide new growth avenues during the forecast period.
Key Features of the Study:
- This report provides an in-depth analysis of the global fumed silica market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global fumed silica market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study 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, Wacker Chemie AG, Henan Xunyu Chemical Co., Ltd., Cabot Sanmar, and Astraa Chemicals.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global fumed silica market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fumed silica market.
Detailed Segmentation-
- By Product Type:
- Hydrophilic Fumed Silica
- Hydrophobic Fumed Silica
- By Application:
- Silicone Rubber
- Plastics and Composites (Unsaturated Polyester Resin),
- Food and Beverages
- Paints and Coatings (Including Inks),
- Adhesives and Sealants
- Pharmaceutical
- Personal Care
- Chemicals and Fertilizers
- Other Applications (Gel batteries, lubricants, concrete, defoamers, etc.)
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- 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
- Wacker Chemie AG
- Henan Xunyu Chemical Co., Ltd.
- Cabot Sanmar
- Astraa Chemicals
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Fumed Silica Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Fumed Silica Market
- Impact Analysis
5. Global Fumed Silica Market, By Product Type, 2019-2031, (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hydrophilic Fumed Silica
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hydrophobic Fumed Silica
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Fumed Silica Market, By Application, 2019-2031, (US$ Bn & KT)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Silicone Rubber
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Plastics and Composites (Unsaturated Polyester Resin),
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Food and Beverages
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Paints and Coatings (Including Inks),
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Adhesives and Sealants
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pharmaceutical
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Personal Care
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Chemicals and Fertilizers
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Other Applications (Gel batteries, lubricants, concrete, defoamers, etc.)
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Fumed Silica Market, By Region, 2019-2031, (US$ Bn & KT)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
- GCC Countries
- Israel
- Rest of Middle East & Africa
8. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Applied Material Solutions Inc.
- Company Overview
- Product Portfolio
- Recent Developments/Updates
- 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
- Wacker Chemie AG
- Henan Xunyu Chemical Co., Ltd.
- Cabot Sanmar
- Astraa Chemicals
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Section
- References
- Research Methodology
- About Us and Sales Contact
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