According to the recent study the colloidal silica market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 5% to 7% from 2023 to 2028. Growth in this market is primarily driven by rising demand for concrete and cement in the construction industry globally, increasing demand for silicon wafers for the production of semiconductors, and increasing use of collided silica in investment casting to provide high value added products for power generation, aerospace, and automotive industries.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in colloidal silica market by product type (alkaline
colloidal silica, acidic colloidal silica, modified colloidal silica, and
ordinary colloidal silica), application (pulp and paper, building and
construction, paints and coatings, electronics and semiconductors,
pharmaceuticals, investment casting, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking
on below link
https://www.lucintel.com/colloidal-silica-market.aspx
“Alkaline colloidal silica market is
expected to remain the largest segment during the forecast period.”
Based on product type,
the colloidal silica market is segmented into alkaline colloidal silica, acidic
colloidal silica, modified colloidal silica, and ordinary colloidal silica.
Lucintel forecasts that the alkaline colloidal silica market is expected to
remain the largest segment over the forecast period because it is highly
hydrated form of silicon dioxide which is used as an additive in the rubber
industry, and it is produced by polymerizing silica from silicate solutions
under alkaline conditions to form Nano-meter sized silica souls with a high
surface area.
“Within the colloidal silica market, the building and construction
segment is expected to remain the largest application.”
Based on application the
building and construction segment is expected to witness the highest growth
over the forecast period due to colloidal silica enhanced the strength and
durability of concrete or cement, and is also used in floor coatings to make
the surface scratch-resistant and reduce slip by increasing friction.
“Asia pacific will dominate the colloidal silica market in near
future.”
APAC will remain the
largest region over the forecast period. Increasing construction activities,
particularly in India and China, and increasing production for consumer
electronics products and semiconductors are driving the demand for colloidal
silica in this region.
Download Brochure of this report by clicking on https://www.lucintel.com/colloidal-silica-market.aspx.
Major players of
colloidal 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 Industries,
Nouryan, W. R. Grace & Co., Nissan Chemical Corporation, PPG Industries
Inc., Cabot Corporation, MERCK KGaA, The Dow Chemical Company, and Ecolab Inc.
are among the major colloidal 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/colloidal-silica-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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