Precipitated silica market is expected to reach USD 3.69billion by 2022, according
to a new report by Grand View Research, Inc. The market is expected to witness
substantial growth on account of its extensive use in rubber, toothpaste, and food
industry. Growing demand for rubber grade products is expected to propel
precipitated silica demand.
Rubber has extensive
usage in the automotive, construction, industrial and consumer goods segment.
Growing use of precipitated silica in rubber and tire industry is expected to
boost precipitated silica market demand. The compound has profound usage as
reinforcement fillers in tire and rubber industry. The product offers benefits
such as improved flex fatigue resistance, rubber tear strength, heat build-up,
adhesion, abrasion resistance, modulus, and hardness. Furthermore, the compound
is used to enhance tear resistance, abrasion resistance, & tensile strength
and improve wet traction performance as well as rolling resistance of the
tires.
Increasing use of the
compound in pesticides is expected to spur demand over the forecast period.
Furthermore, they are extensively used as carrier and diluents on account of
properties such as compatibility, higher absorption, and improved stability
with toxicants and other active ingredients. Furthermore, this product has
extensive usage as dispersing, grinding and wetting aid and improves suspension
behavior in liquid chemicals.
Browse full report by Grand View Research:
Further
key findings from the report suggest:
·
Rubber application accounted for over 60%
of the overall revenue share in 2014. Rubber grade silica is used in tire
industry, wherein it helps to reduce rolling resistance, and increase grip of
the tires. Increasing utilization of the compound in tires as replacements for
carbon blacks provides better anti-skid properties and improved tensile and
tear strength, which is further anticipated to fuel demand. Furthermore,
growing use of precipitated silica as a reinforcement agent in tire as well as
rubber formulations is also expected to favorably impact the market.
·
Agrochemicals market is expected to witness
significant growth over the forecast period due to its extensive use in
applications as free flow agents on account of its higher absorption ability
and improved chemical stability. Growing use of the compound as absorbent carriers
and flow conditioners to improve suspension behavior and storage stability in
liquids is expected to propel the demand.
·
Europe accounted for over 19% of the
revenue share in 2014. Increasing use of the compound in rubber segment,
particularly micro sheets, rice rollers, thermoplastic rubber, PVC sheets, and
shoe soles is expected to propel demand. The product is used in transmission
and conveyor belts wherein it improves tear strength and imparts high degree of
reinforcement to elastomer compounds. Additionally, the product is also used in
shoe soles on account of its non-scuffing and wear resistant characteristics,
wherein it provides resilience and durability.
·
Precipitated silica manufacturers offer
their products through different distribution channels which includes direct
supply agreement, and vendors & distributors. Key precipitated consumers
include Kadvani Chemicals Pvt. Ltd., and Oriental Silicas Corporation.
Furthermore, companies such as PQ Corporation, PPG Industries, Inc, Madhu Silica
Pvt. Ltd and Solvay are engaged in manufacturing, distribution and end-use.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has
segmented the precipitated silica market on the basis of application and
region:
Precipitated Silica Market Application Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2012 - 2022)
• Rubber
• Agrochemicals
• Oral Care
• Food Industry
• Others
Precipitated Silica Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• North America
• U.S.
• Canada
• Europe
• Germany
• United Kingdom
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa
• Rubber
• Agrochemicals
• Oral Care
• Food Industry
• Others
Precipitated Silica Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• North America
• U.S.
• Canada
• Europe
• Germany
• United Kingdom
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-precipitated-silica-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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