Silica Market, By Application (Rubber, Construction, Agrochemicals, Oral Care, Food & Feed, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

Silica Market was valued at US$ 53.6 Billion in 2024 and is projected to grow at a CAGR of 11.00% to reach US$ 139.1 Billion by 2034.

Silica provides higher abrasion resistance, tensile strength, and flex fatigue properties to rubber products. It is widely used in tire applications, owing to its ability to improve the bond and tear resistance between rubber tires and metallic reinforcements. Specialty Silica consist of five basic types silica which includes precipitated silica, fused silica, fumed silica, silica gel and colloidal silica which are extensively used in end user industries such as rubber, agriculture, paints & coatings, electronic components, personal care & cosmetics and others. 

Impact of COVID-19 on the market

The industry could potentially be hit hard by the COVID-19 outbreak on numerous fronts: lowered demand and productivity, operational and supply chain disruptions, potentially tightening credit markets and the health of their workforce. Given the nature of the industry, companies may need to consider how to create social distancing in workplaces that are often worker-dense. Biopharmaceutical firms and biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With the several candidates in trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the silica market.

Increasing Demand from the Rubber Industry

Silica is majorly used in the tire production owing to its extremely high purity and low moisture absorption. It brings superior electrical properties to rubber products. Silica has excellent reinforcing effects especially enhancing the tear resistance. Additionally, silica is commonly used in Liquid Silicone Rubber (LSR) and High Temperature Vulcanized (HTV) rubber that requires high mechanical strength and good electrical insulation. In industrial rubber goods, silica is used for reducing hysteresis loss in conveyor belts or as active filler in colored rubber particles or in products with good contact. It is also employed as a drying agent in protecting a wide variety of products during shipment and storage. Furthermore, increasing demand for paints & coatings and rubber from the construction and automotive industry is expected to drive the demand for precipitated silica as a raw material during the forecast period. Personal care & cosmetics industry is projected to be the fastest growing industry in the global participated silica market. The growth of personal care and cosmetics segment can be attributed to rising disposable income, changing the demographic trend, increasing middle-class population, and rapid urbanization.

Conversely, high cost of colloidal silica and availability of low cost substitutes will hamper the target market growth. Specialty silica shows cyclical behavior. So, low cost substitute will affect the continuity of profit margin and revenue generation which is a major challenge for manufacturers in specialty silica.

The silica market is segmented based on the application, and region.

On the basis of the application, the global silica market is segmented into rubber, construction, agrochemicals, oral care, food & feed, and others.

Regional Insights

In the region, the silica market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominated the global market in 2018, accounting for 49.2% of the total volume owing to massive industrialization, increased construction spending, and increasing consumption of automobiles in the region. According to the International Organization of Motor Vehicle Manufacturers (OICA), Asia Pacific is the largest producer of motor vehicles. The growing automotive industry, coupled with the recovery of the construction sector in Central and South America, is predicted to have a positive impact on the silica market. Significant new investments by governments in the housing and public sector are predicted to propel the production of paints and coatings and sealants. This is estimated to drive the regional market. North America acquired a revenue share of 22.7% in 2018. The expanding construction sector in the region is expected to drive demand for silica in applications such as concrete, paints and coatings, and adhesives and sealants. Rising demand for tires is significantly driving rubber applications in the U.S. Europe is one of the largest consumers of agrochemicals due to the high production and export of food grains. These factors are anticipated to boost demand for silica in the European agrochemical industry. In Europe various initiatives are being taken to promote the use of eco-friendly materials in paints and coatings, thereby augmenting product demand.

Report Scope:

Attribute	Details
The base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024– 2034
Market Segmentation	By Application- Rubber, Construction, Agrochemicals, Oral Care, Food & Feed, 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 2024 to 2034.  For the purpose of this study, has segmented the global silica market report based on application, and region.

 Silica Market, By Application:

• Rubber
• Construction
• Agrochemicals
• Oral Care
• Food & Feed
• Others

Silica Market, By Region:

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

The key players operating in the global silica market include Evonik Industries, PPG Industries, Wacker Chemie AG, AkzoNobel N.V., Tosoh Corporation, Cabot Corporation, Solvay SA, Nouryon, Imerys S.A, and Kemira Oyj. The prominent players are constantly involved in the development of new or combination of product. Investment in R&D is one of the planned measures to beat the competition. For instance, in September 2018, Evonik Industries announced that it is planning to expand capacities for the production of hydrophobic fumed silica in Rheinfelden, Germany to expand its silica business for specialty applications.

• Evonik Industries
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies

• PPG Industries
• Wacker Chemie AG
• AkzoNobel N.V.
• Tosoh Corporation
• Cabot Corporation
• Solvay SA
• Nouryon
• Imerys S.A
• Kemira Oyj

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

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

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

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Application
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Silica Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Rubber  
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Construction
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Agrochemicals
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Oral Care
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Food & Feed
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Silica Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Evonik Industries.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• PPG Industries
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Wacker Chemie AG.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• AkzoNobel N.V
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Tosoh Corporation
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Cabot Corporation.  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Solvay SA.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Nouryon   
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Imerys S.A   
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Kemira Oyj.  
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word

• Future Impact
• About Us
• Contact