Lucintel Blog: Lucintel Forecasts Fumed Silica Market to Grow at a CAGR of 6% to 8% from 2021 to 2026

Thursday, February 10, 2022

Lucintel Forecasts Fumed Silica Market to Grow at a CAGR of 6% to 8% from 2021 to 2026

According to the recent study the fumed silica market is projected to grow at a CAGR of 6% to 8% from 2021 to 2026. Growth in this market is primarily driven by growth in the building & construction sector and increasing consumption of pharmaceutical and beauty & personal care products.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in fumed silica market by type (hydrophilic and hydrophobic), application (paints & coatings and inks, adhesives & sealants, pharmaceuticals, UPR, gel batteries, lighting, food & beverages, beauty & personal care, and silicone elastomers), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/fumed-silica-market.aspx

“Hydrophilic market is expected to remain the largest segment during the forecast period.”

Based on type, the fumed silica market is segmented into hydrophilic and hydrophobic. Lucintel forecasts that the hydrophilic market is expected to remain the largest segment due to its wide range of applications and being cheaper than hydrophobic.

“Within the fumed silica market, the paints & coatings and inks segment is expected to remain the largest application.”

Based on application the paints & coatings and inks segment is expected to witness the highest growth over the forecast period due to heavy demand in the automotive and construction industries to prevent rust and corrosion.

“Asia pacific will dominate the fumed silica market in near future.”

Asia Pacific will remain the largest region in the forecast period due to huge demand for adhesives & sealants in the construction, packaging, and transportation sectors and economic development of the emerging countries.

Download Brochure of this report by clicking on https://www.lucintel.com/fumed-silica-market.aspx

Major players of fumed silica market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Evonik, Cabot, Wacker Chemie, OCI Company, Tokuyama, Kemitura Group, Orisil, Hubei Xingrui Silicon Materials, Henan Xunyu Chemical, China-Henan Huamei Chemical, Dongyue Group, Cabot Sanmar are among the major fumed silica providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fumed-silica-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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