Asia-Pacific Colloidal Silica Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Asia-Pacific colloidal silica market is anticipated to register a CAGR of greater than 6% during the forecast period. The COVID-19 pandemic had a negative impact on the colloidal silica market as construction projects in the residential and commercial sectors were halted. Furthermore, the colloidal silica market encountered several issues, including supply chain disruptions, production shutdowns, labor shortages, and cash flow constraints. However, as the online working culture grew, a post-pandemic increase in demand for semiconductors for servers and cloud usage is expected to boost the growth of the market studied. Currently, the colloidal silica market has recovered from the pandemic and is growing significantly.
Key HighlightsThe Asia-Pacific colloidal silica market is partially fragmented in nature. Some of the major manufacturers in the market include W. R. Grace & Co., Nouryon, Ecolab, Evonik Industries AG, and Nissan Chemical Corporation (in no particular order).
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook