Global Fumed Silica Market 2023-2027
Technavio has been monitoring the fumed silica market and is forecast to grow by $649.25 mn during 2022-2027, accelerating at a CAGR of 5.54% during the forecast period. Our report on the fumed silica market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing urbanization, rising demand from personal care industry, and improved performance than substitutes.
Technavio's fumed silica market is segmented as below:
By Type
By End-user
- Building and construction
- Electrical and electronics
- Pharmaceuticals and personal care
- Food and beverage
- Others
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the upgradations in using fumed silicas as one of the prime reasons driving the fumed silica market growth during the next few years. Also, shift toward sustainable practices in construction and product advancement with technology will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the fumed silica market covers the following areas:
- Fumed silica market sizing
- Fumed silica market forecast
- Fumed silica market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fumed silica market vendors that include Arpadis Group, BRENNTAG SE, Cabot Corp., Chemi Enterprises LLP, Chifeng Shengsen Silicon Technological Development Co. Ltd., China National Bluestar (Group) Co. Ltd., Evonik Industries AG, Flexicon Corp., Henan Xunyu Chemical Co. Ltd., Kemitura AS, KoreChem Inc., OCI Co. Ltd., PPG Industries Inc., Reade International Corp., Tata Chemicals Ltd., Tokuyama Corp., Tosoh Corp., Trulux Pty Ltd., Wacker Chemie AG, and Zhejiang Sucon Silicone Co. Ltd. Also, the fumed silica market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.