Global Rice Husk Silica Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Rice husk is a kind of agricultural waste, which contains a lot of siliceous ash. The burning of rice husks produces rice husk ash, which is mainly composed of silica. High-purity silica can be produced by controlled combustion after acid treatment.
Market Overview:The latest research study on the global Rice Husk Silica market finds that the global Rice Husk Silica market reached a value of USD 144.96 million in 2022. It’s expected that the market will achieve USD 313.85 million by 2028, exhibiting a CAGR of 13.74% during the forecast period.
An adequate supply of raw materials
Rice husk is the main raw material used to produce high-value-added silica materials. Due to the huge output of rice husks, it is difficult to transport, and they are usually directly incinerated and then piled up on the spot, which not only causes environmental pollution such as smog but also causes a great waste of resources. The use of rice husks to produce silica not only effectively utilizes resources, but also prevents environmental pollution. In addition, as agricultural waste, rice husk has the characteristics of regeneration and large yield. Rice is one of the most important grains in the world, and the amount of rice planted in the world is relatively large. According to Statista data, the global rice planting area in 2021 will be approximately 165.25 million hectares. India is estimated to be a major rice producer globally, harvesting about 45 million hectares of rice. Therefore, for the rice husk silica industry, the supply of raw materials is relatively sufficient.
Growing demand from a wide range of downstream markets
Rice husk silica has a wide range of downstream application markets. First, rice husk silica can be used in the tire production process. With the rapid development of modern highways, the requirements for engineering tires are increasing day by day. Rice husk silica is a key filling and reinforcing agent for the manufacture of green tires, which can increase the tear resistance temperature, stretching temperature, extension pressure, and growth of the cutting edge of the tire, increase the service life, and at the same time improve the tire The ability to grip on ice makes the car fuel-efficient. Secondly, rice husk silica can be used in the field of industrial rubber, and rice husk silica can be used in belts, conveyor belts, gaskets, and seals. In addition, rice husk silica has the characteristics of strong adsorption capacity, uniform particle size, stable properties, non-toxic and harmless, and is widely used as an abrasive in high-end toothpaste. With the development of the economy and the improvement of people's living standards, there is a large demand for medium and high-end toothpaste using rice husk silica as abrasives.
Overall, growing demand from a wide range of downstream markets is driving the rice husk silica industry.
Region Overview:In 2022, the share of the Rice Husk Silica market in Asia Pacific stood at 57.43%.
Company Overview:Yihai Kerry is one of the major players operating in the Rice Husk Silica market, holding a share of 38.75% in 2023.
Yihai Kerry is an important agricultural product and food processing enterprise in China. Yihai Kerry has more than 30,000 employees and has more than 70 strategic strongholds in China. It mainly involves oilseed crushing, edible oil refining, special oils, oleochemicals, corn, wheat, soybean processing, sustainable multi-stage rice processing, food and beverage, grain and oil technology research and development and other industries.
Oryzasil is part of the MPC Group. The MPC Group is a global group active in asset and investment management, industrial services, marine, shipbuilding and trading. The MPC Group offers a wide range of services and is one of the few major internationally operating service and trading companies headquartered in Hamburg.
Brisil is a leading company addressing the utilization of rice husk ash. Brisil has developed a technology to produce precipitated silica and highly disperse silica from rice hull ash, the fly ash produced after rice hulls are used as fuel. Highly dispersed silica is used as a filler in energy-saving green tires to improve vehicle mileage and reduce vehicle greenhouse gas emissions.
Segmentation Overview:By type, Highly Dispersible Silica segment accounted for the largest share of market in 2022.
Application Overview:By application, the Tires segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Rice Husk Silica market covered in Chapter 3:Brisil
EKASIL
Chunhuaqiushi
Oryzasil
Anhui Evosil Nanomaterials Technology
Yihai Kerry
BSB Nanotechnology
In Chapter 4 and Chapter 14.2, on the basis of types, the Rice Husk Silica market from 2018 to 2029 is primarily split into:Highly Dispersible Silica
Easy Dispersible Silica
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Rice Husk Silica market from 2018 to 2029 covers:Tires
Industrial Rubber
Paints and Coatings
Animal Feed Ingredients
Personal Care
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)