Fumed Silica Market, By Type (Hydrophilic and Hydrophobic), By Application (Paints, Coatings & Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI59219 | Publish Date: May 2024 | No. of Pages: 168

Global Fumed Silica Market By Overview

Fumed silica is an amorphous compound produced by flame hydrolysis synthesis, which involves burning carbonaceous coal in a furnace containing oxygen gas at high temperatures. The gaseous substances condense on the existing precipitated silica particles, resulting in fumed silica, fumed silica is also alternatively known as pyrogenic silica and has the chemical formula Sio2. The fumed silica composition consists of very small particles with low density and large surface area for effective and strong solidification effect. Fumed silica is widely used in various industries, such as adhesives and sealants, food and beverages, personal care, and paints and coatings. Furthermore, fumed silica is also used as an anticaking and thickening agent in the food and beverage industry. Fumed silica acts as a universal thickening agent, a thickener in milkshakes and an anticaking agent in powdered foods. Like silica gel, it acts as a desiccant. It is used in cosmetics for its light-scattering properties, it is also used as a mild abrasive in products such as toothpaste. Fused silica is a completely synthetic material and technically has the characteristics of any glass, and it often starts from pure silicon dioxide, silica fume is added to Portland cement concrete, specifically to improve its compressive strength bond strength and abrasion resistance properties. Fumed silica is a type of silica that contains fine droplets of amorphous silica and is used worldwide as a common thickening agent and anticaking agent in powders. Demand for excipients, an inert ingredient and additives used in the manufacture of various drugs such as paracetamol and others has fueled the demand for fumed silica.

Attributes

Details

Fumed Silica Market Value (2020)

US$ 1.2 Bn

Fumed Silica Market Projected  Value(2030)

US$ 2.0Bn

Fumed Silica Market CAGR (2020-2030)

6.6%

Global Fumed Silica Market By Dynamics

Growing demand for fumed silica from the rubber and coatings industry is one of the major factors driving the growth of the fumed silica market over the forecast period. Increasing adoption of fumed silica as a reinforcing filler material in silicone elastomers is expected to drive the fumed silica market due to its mechanical properties, such as tensile strength, elongation and tear resistance. The silica market is driven by steady growth in industrial production attributed to rising disposable income and rising consumer spending and rising construction and infrastructure spending. This is also a factor driving the growth of the fumed silica market. Additionally, the cost-effectiveness of fumed silica compared to precipitated silica also supports the growth of the fumed silica market. The cyclical behavior of various end-use industries such as the automotive industry affects the growth and profitability of the fumed silica market, which poses a major challenge to market players and acts as a restraint to the growth of the fumed silica market.

Technological advancement

The fumed silica industry is maintaining a high growth trajectory for various verticals, advanced technology and its hardware market for paint and coating demand. Increasing investments in the pharmaceutical business and technological advancements are other factors contributing to the growth of the market during the forecast period. Manufacturers involved in the fumed silica market are developing advanced versions of their products due to the technological advancements in the new age. Key fumed silica players are investing more in power systems and creating more modern, time-saving, cost-effective technologies that are positively impacting the fumed silica market. In October 2022, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that allows fumed silica to be transported directly to quartz, eliminating the use of hazardous chemicals in the manufacture of fumed silica and eliminating hydrogen chloride gases associated with its production.

Global Fumed Silica Market By Segmentation

Fumed Silica Market-Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Fumed Silica Market is segmented based on type, application, and region.

Fumed Silica Market, By Type

On the basis of type, the Fumed Silica Market is segmented into Hydrophilic and Hydrophobic. The hydrophilic nature of fumed silica is due to the attachment of hydroxyl groups on the silica atoms to the surface of the particle; the product is now capable of hydrogen bonding which makes it dispersible in water. Hydrophobic silica can be used to treat other surfaces to become hydrophobic, due to the morphology of the particles adhering to their host, the silica particles then modify the surface of its host material resulting in a hydrophobic surface.

Fumed Silica Market, By Application

On the basis of application, the target market is classified into Paints, Coatings & Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting and Others. Fumed silica finds its use in end-use industries such as paints and coatings, automotive, adhesives and sealants, food industry and more. The fumed silica market is expected to grow in the coming years due to increasing demand from end-use industries, particularly the paint and coatings industry. Fumed silica finds its use in end-use industries such as paints and coatings, automotive, adhesives and sealants, food industry and more. The fumed silica market is expected to grow in the coming years due to increasing demand from end-use industries, particularly paint and coatings industry.

Regional Insights:

On region the Fumed Silica Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings in key countries in these regions for a macro-level understanding of the fumed silica market. Compared to other regions, Asia Pacific dominates the market in terms of consumption. The demand for fumed silica in the Asia-Pacific region shows various end-use industries such as manufacturing and automobiles. Furthermore, growing awareness about the benefits of fumed silica has contributed to the high demand for fumed silica in Asia-Pacific countries such as China, Japan, and India. Rising demand for paints and coatings in North America, rising demand from construction, automotive, and oil & gas industries drives the growth of the fumed silica market in this region. The market in Latin America is expected to grow steadily due to improvement in economic conditions.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 to 2030

Market Segmentation

By Type - Hydrophilic and Hydrophobic

By Application - Paints, Coatings & Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Fumed Silica Market report based on type, application, and region:

Fumed Silica Market, By Type:

  • Hydrophilic
  • Hydrophobic

Fumed Silica Market, By Application:

  • Paints
  • Coatings & Inks
  • Adhesives & Sealants
  • Pharmaceuticals
  • UPR
  • Gel Batteries
  • Lighting
  • Others

Fumed Silica Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Fumed Silica Market By Key Players

The key players operating the Fumed Silica Market includes

  1. Evonik Industries AG is one of the world's leading specialty chemicals companies, Evonik products make tires more fuel-efficient, mattresses more flexible, medicines more effective and animal feed healthier. The company is active in more than 100 countries worldwide, Evonik goes beyond chemistry to create innovative, profitable and sustainable solutions for customers.
  2. Wacker Chemie AG develops solutions and technologies and manufactures products for applications here in the US and around the world. In 1965, it became the first Indian company to supply silicone by producing liquid silicone from chlorosilane.
  3. Cabot Corporation is a leading global specialty chemicals and performance materials company serving key industries including transportation, infrastructure, environmental and consumer.
  4. Tokoyuma Corporation manufactures and distributes chemical products, the company produces caustic soda, cements, fine chemicals, aluminum nitride, polycrystalline silicon, fumed silica and other products. Tokoyuma Chemicals mainly sells products in China and some exported overseas.
  5. The Orysil Company is a well-known manufacturer of fumed silica, Orysil is a high-surface-area pyrogenic silica. It is a light, soft powder of white color. Orysil is produced by a flame-based process as a result of a chemical reaction between hydrogen, oxygen and chlorosilane.
  6. OCI Co Ltd manufactures inorganic chemicals, petro and coal chemicals, fine chemicals, renewable energy and insulation materials. The company's major product lines include carbon black, pitch, toluene di-isocyanate silicon, silicon wafers and basic materials for photovoltaic cells.
  7. TBEA Co. Ltd is an international service provider of system solutions for the global energy industry, dedicated to green and low carbon development, the company has 18 domestic industrial parks in China and 3 overseas production bases, the company has also developed a major export base for new materials such as poly-silicon and electronic aluminum products.
  8. Zhejiang FuShiTe Group Co., Ltd, formerly jiangshan FuShiTe Chemical Co., Oriented in 1992. The company is located in Quzhou Fluorine Silicon New Material Hi-Tech Industrial Park.
  9. Dongyue Group Ltd is the main company in Dongyue Fluorine and Silicon Material Industrial Park, the largest base of fluorine and silicon material production. The company is mainly engaged in the research and development and production of new eco-friendly refrigerant fluorine with polymer material, organosilicon material, chlor-alkali ion membrane and hydrogen fuel proton exchange membrane, and has mastered world-leading technology with its production to a large extent. Sold in more than 100 countries and regions.
  10. Boehle Chemical, Inc. Serving the Midwest Chemical Industry since 1964. Boehle chemicals, Inc. is a leading specialty chemical distributor for adhesives industrial cleaners, HI and I, lubricants, paint, pharmaceutical and plastics markets.

Global Fumed Silica Market By Key Issues Addressed

  • In October 2022, Evonik Industries A.G. is increasing its sustainability efforts with a new partnership for the commercial supply of bio-based precipitated silica to the tire industry.
  • In April 2022, Cabot Corporation, a leading manufacturer of pigment dispersions for digital printing, announced the expansion of its inkjet manufacturing facility in Haverhill, Massachusetts, with the addition of a new production line.

Global Fumed Silica Market By Company Profile

  • Evonik Industries AG*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Wacker Chemie AG
  • Cabot Corporation,
  • Tokoyuma Corporation
  • Orisil
  • OCI Co Ltd
  • TBEA Co. Ltd
  • Zhejiang FuShiTe Group Co., Ltd
  • Dongyue Group Ltd
  • Boehle Chemical, Inc.

“*” marked represents similar segmentation in other categories in the respective section

Global Fumed Silica Market By Table of Contents

 

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Fumed Silica Strategies
      • Key Questions this Study will Answer
      • By Type (Hydrophilic and Hydrophobic)
        • By Application (Paints, Coatings & Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting and Others)

        • By Region (North America, Europe, Asia Pacific, Latin America, and, Middle East & Africa)

    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
  1. North America (U.S., Canada)
    • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
    • Latin America (Brazil, Mexico, Rest of Latin America)
    • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
    • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Fumed Silica Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Key players in the fumed silica market includes, Evonik Industries AG, Wacker Chemie AG, Cabot Corporation, Tokoyuma Corporation, Orisil, OCI Co Ltd, TBEA Co. Ltd, Zhejiang FuShiTe Group Co., Ltd, Dongyue Group Ltd, and Boehle Chemical, Inc.

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Fumed Silica Market is segmented into basis of on type, application, and region.

Fumed silica market is driven by steady growth in industrial production attributed to rising disposable income and rising consumer spending and rising construction and infrastructure spending. This is also a factor driving the growth of the global fumed silica market.

The demand for fumed silica in the Asia-Pacific region shows various end-use industries such as manufacturing and automobiles. Furthermore, growing awareness about the benefits of fumed silica has contributed to the high demand for fumed silica in Asia-Pacific countries such as China, Japan, and India.

The Key players operating in the Fumed Silica Market includes Evonik Industries AG, Wacker Chemie AG, Cabot Corporation, Tokoyuma Corporation, Orisil, OCI Co Ltd, TBEA Co. Ltd, Zhejiang FuShiTe Group Co., Ltd, Dongyue Group Ltd, and Boehle Chemical, Inc.