The global specialty silica market is projected to grow at a CAGR of 5% to 7% from 2021 to 2026. The growth of specialty silica market is driven by growth in rubber and coatings market and growing infrastructural development.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global
specialtyspecialty silica market by product type (precipitated, fused, fumed,
gel, and colloidal), application (rubber, electronic components, agriculture,
paints & coatings, food & beverage, personal care & cosmetics and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the specialty silica market?
Q.4 What are some
changing demands of customers in the specialty silica market?
Q.5 What are the new
developments in the specialty silica market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this specialty silica area and how big of
a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this specialty silica market?
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Market Segmentation:
Based on product type,
the specialty silica market is segmented into precipitated, fused, fumed, gel,
and colloidal. The precipitated silica segment accounted for the largest share
of the market in 2020 and is expected to register the highest CAGR during the
forecast period, due to increasing demand of green tires, to minimize the fuel
consumption.
Asia Pacific will remain
the largest region the forecast period due to growth in rubber consumption by
the automotive industry, growing tire applications, increasing disposable
income, growing industrialization in the developmental countries.
Key Players in the
specialty silica market are Evonik, Cabot, PPG Industries, Solvay SA, Imerys
SA, AkzoNobel NV, and Ecolab.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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https://www.lucintel.com/specialty-silica-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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