Global Precipitated and Hydrated Silica Market Report and Forecast 2023-2028

Global Precipitated and Hydrated Silica Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global precipitated and hydrated silica market is projected to grow at a CAGR of 6% between 2023 and 2028. Aided by its expanding applications in numerous industries such as rubber, food, health care, and agriculture, the market is expected to grow significantly by 2028.

Precipitated and hydrated silica, derivatives of silicon dioxide, are white, amorphous powders that are predominantly used as reinforcing fillers in tire and rubber industries. They are highly porous structures known for their high absorption properties, abrasion resistance, and thickening characteristics. Beyond the rubber industry, these compounds have made significant inroads in sectors such as oral care, where they serve as mild abrasives in toothpaste, and in the food industry, where they function as anti-caking agents, flow aids, and clarifying agents for drinks.

One primary driver behind the precipitated and hydrated silica market growth is the escalating demand in the green tire sector. With the intensifying global emphasis on fuel efficiency and reducing carbon footprints, green tires, which utilise precipitated silica for increased traction and reduced rolling resistance, are seeing heightened demand, subsequently propelling the silica market forward.

The diversification of applications plays an instrumental role in the burgeoning precipitated and hydrated silica market demand. For instance, the health care sector leverages the abrasive qualities of hydrated silica in toothpaste formulations, aiding in plaque removal and providing a whitening effect. Concurrently, in the food and agriculture sectors, its prowess as an anti-caking and free-flow agent ensures that powdered food products and agrochemicals maintain a consistent, lump-free texture.

Furthermore, the surge in demand for personal care products, especially in emerging economies, has spotlighted the role of hydrated silica. As per the precipitated and hydrated silica market analysis, the cosmetics industry values its role as a rheology modifier and mattifying agent in make-up products. The increased shelf life and stability it brings to personal care items make it indispensable in today's fast-paced consumer-centric markets.

A noteworthy trend shaping the market is the evolution in sustainable and environmentally friendly practices. With a growing consciousness about the environment, industries are keen on sourcing materials that are not only efficient but also eco-friendly. Precipitated and hydrated silica, being derived from sand, present a sustainable alternative to many chemically synthesised materials, further adding value to the precipitated and hydrated silica market size.

Market Segmentation

The market can be divided based on segment, application, end use, and region.

Market Breakup by Segment

• Precipitated
• Hydrated

Market Breakup by Application

• Anti-Caking Agent
• Thickening Agent
• Absorbent
• Others

Market Breakup by End Use

• Agrochemical
• Food and Beverage
• Personal Care and Cosmetic
• Oral Care
• Rubber
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global precipitated and hydrated silica market. Some of the major players explored in the report by Expert Market Research are as follows:

• PPG Industries, Inc
• Evonik Industries A.G.
• Alban Muller Inetrnational
• Oriental Silicas Corporation
• Solvay Group
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.