Fumed Silica Market by Application, Classification, Trends and In-Depth Growth Analysis of Industry to 2023
Global fumed silica 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
Global fumed silica 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
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Usage <strong>of</strong> fumed silica in <strong>to</strong>othpaste as a light abrasive is expected <strong>to</strong> provide great opportunities for the market growth<br />
in near future. Toothpaste is an essential commodity in the retail sec<strong>to</strong>r <strong>and</strong> is globally consumed. Similarly, use <strong>of</strong><br />
these compounds in the manufacturing <strong>of</strong> paints, coatings, inks, <strong>and</strong> adhesives provide lucrative opportunities for<br />
overall market growth. They are mostly used in paints for viscosity adjustments <strong>and</strong> also as filler in silicone elas<strong>to</strong>mers.<br />
Government regulations <strong>and</strong> safety related <strong>to</strong> this organic compound <strong>of</strong>fers a major challenge for the overall industry<br />
growth. <strong>Fumed</strong> silica is not categorised as a carcinogen either <strong>by</strong> OSHA, IARC or NTP. However, regula<strong>to</strong>ry bodies have<br />
set st<strong>and</strong>ards for best industry practices. <strong>Fumed</strong> silica <strong>of</strong>fers inhalation risk as they are easily airborne on account <strong>of</strong><br />
its fineness <strong>and</strong> thinness.<br />
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Europe is expected <strong>to</strong> show a steady growth over the forecast period with increasing dem<strong>and</strong> on account <strong>of</strong> cosmetic<br />
applications. South America <strong>and</strong> Africa is expected <strong>to</strong> witness a stagnant growth owing <strong>to</strong> the slow growth <strong>of</strong> overall<br />
development <strong>of</strong> application industries.Major players manufacturing fumed silica are Cabot Corporation, Evonik,<br />
Wacker Chemie, Dow Corning, Tokuyama Corporation <strong>and</strong> OCI. Companies are focussing on research <strong>and</strong> development<br />
in order <strong>to</strong> find out new applications for fumed silica. This is expected <strong>to</strong> diversify the application portfolio <strong>and</strong><br />
therefore propelling the dem<strong>and</strong> in near future.<br />
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<strong>Market</strong> Segment:<br />
This report studies <strong>Fumed</strong> <strong>Silica</strong> in Global market, especially in USA, Europe, China, Japan, Southeast Asia <strong>and</strong> <strong>In</strong>dia,<br />
focuses on <strong>to</strong>p manufacturers in global market, with capacity, production, price, revenue <strong>and</strong> market share for each<br />
manufacturer, covering<br />
• Evonik<br />
• Cabot<br />
• Wacker<br />
• Tokuyama<br />
• Orisil<br />
• OCI Corporation
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