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The global precipitated silica market was worth $2.08 billion in 2022 and is expected to increase to $3.58 billion by 2030, expanding at a compound annual growth rate (CAGR) of 8.2 percent between 2023 and 2030.
Increasing demand from the rubber, agrochemicals, and oral care sectors has been the primary driver of expansion in the global precipitated silica market. Since tires are the most common use for precipitated silica, fluctuations in the worldwide auto sector have a significant impact on the market. Due to the region's rising middle class, vehicle production has skyrocketed, making Asia Pacific a key market for precipitated silica. In addition, initiatives to lessen the fuel needs of automobiles and encourage vehicle electrification have increased the need for fuel-efficient tires. The Indian government's release of a new star rating criteria for the tire sector is just one example of the rules being implemented by governments around the world to promote the adoption of fuel-efficient tires. The market for precipitated silica is poised for significant growth thanks to the increasing production of electric vehicles (EVs). There will be a beneficial effect on precipitated silica demand from the first quarter of 2022, when global EV sales hit 2 million units. The market has been given a boost by the announcements of major automakers like Honda and Volkswagen to build EV assembly factories. Sustainable and fuel-efficient tire development is a major focus for the tire industry. Goodyear, for one, has pledged to manufacture sustainable carbon black and build a tire made completely of sustainable materials, both of which provide decreased carbon emissions and improved performance.
Categorization by Form
The global market is divided into four categories based on product quality: regular, silane-treated, high-purity, and ultrafine. In the market for precipitated silica, the standard grade category is by far the most important. Products made from standard grade precipitated silica are popular in many different sectors because of their reliable performance and low cost. This market serves a wide variety of industries, from rubber and coatings to food and oral care to personal care and agriculture. Standard grade precipitated silica is in high demand because of the many ways in which it can be used to improve a product's characteristics, including strengthening, abrasion resistance, anti-caking, and absorption. Standard grade precipitated silica is the go-to option in many applications since it is reliable in performance and inexpensive.
The market for silane-treated grade precipitated silica is expanding at the highest rate. Improved dispersion, compatibility, and reinforcing qualities of silane-treated precipitated silica make it a great choice for use in high-stress sectors including rubber, coatings, and adhesives. Precipitated silica particles can better interact with polymers and other components after being "silane treated," which entails surface modification with organosilane chemicals. This enhances the mechanical characteristics, adhesion, and overall performance of the product. Adoption of silane treated precipitated silica is being driven by the increasing need for high-performance rubber compounds, cutting-edge coatings, and adhesive formulations. Since silane treatment can allow for the use of lower silica loading levels while maintaining desired performance, this can reduce overall material consumption and environmental impact, which is why it is gaining popularity as an industry trend.
Evaluation Through Use
The rubber, dental care, food, and coatings sectors represent the most prominent applications within the market. The rubber industry is the largest consumer of precipitated silica. In the rubber sector, precipitated silica is commonly utilized as a reinforcing filler because of the material's enhanced tear strength, abrasion resistance, and grip. Precipitated silica is used in a variety of rubber applications to improve performance, durability, and overall product quality. Growth in the automobile industry, rising tire manufacturing, and the requirement for high-performance rubber compounds all contribute to the rubber industry's demand for precipitated silica. Because of its superior reinforcing properties and lower cost compared to other fillers, the rubber sector is the leading application category for precipitated silica.
The market for precipitated silica is expanding at a particularly rapid rate in the dental care sector. Precipitated silica is commonly used as a polishing and cleaning agent in several brands of toothpaste. Because of its abrasive properties, it is able to effectively remove plaque, stains, and food particles, resulting in better dental hygiene and a more pleasant breath. Awareness of the importance of dental health, increased disposable incomes, and the advent of novel oral care products have all contributed to the sector's rapid expansion. Additionally, precipitated silica has replaced synthetic abrasives in toothpaste due to rising consumer desire for all-natural, eco-friendly options. Market growth for precipitated silica in the oral care sector is being driven by rising awareness of the need of good oral hygiene and the introduction of innovative oral care products.
Drivers
Demand for low-resistance tires continues to rise.
The growing need for low-rolling-resistance tires is one factor propelling the worldwide precipitated silica market. Tires with better fuel efficiency are becoming increasingly important as governments throughout the world enact policies to minimize car fuel use and promote sustainability. Precipitated silica is an essential ingredient in producing fuel-efficient tires because it boosts grip, lessens rolling resistance, and boosts overall tire performance. This factor is a major force in the rising need for precipitated silica.
Restraints
Raw material price volatility
Raw material price volatility is a major factor limiting the worldwide precipitated silica industry. Precipitated silica can only be made using a select few ingredients, including sodium silicate and sulfuric acid. Changes in the cost of these inputs have the potential to have a major bearing on manufacturing businesses' bottom lines. In addition, the market expansion can be hampered by supply chain difficulties brought on by the scarcity of high-quality raw materials. The global market for precipitated silica is severely hampered by the volatility and unpredictability of raw material costs.
Strategic Market Shifts
The growing demand for eco-friendly and sustainable products is a major factor driving the worldwide precipitated silica market. As people become more aware of the impact they can have on the environment, they are placing a premium on sustainable goods. To address this issue, producers are working to refine precipitated silica with better sustainability features, such as reduced energy use during production and increased recyclability. The growing demand for ecologically friendly precipitated silica products is in line with the general trend toward sustainable practices across industries, creating potential for market participants.
Report Coverage
Global Precipitated Silica research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Precipitated Silica report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Precipitated Silica competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Precipitated Silica market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Precipitated Silica market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Precipitated Silica market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Evonik Industries AG (Germany), PPG Industries, Inc. (US), W.R. Grace & Co. (US), Solvay SA (Belgium), Huber Engineered Materials (US), Oriental Silicas Corporation (Taiwan), Tosoh Corporation (Japan), Madhu Silica Pvt. Ltd. (India), PQ Corporation (US), Akzo Nobel N.V. (Netherlands), Nippon Aerosil Co., Ltd. (Japan), Gujarat Multi-Gas Base Chemicals Pvt. Ltd. (India), Solvay (US), Shandong Link Silica Co., Ltd. (China), Imerys SA (France), Rhodia (France), Cabot Corporation (US), Tokuyama Corporation (Japan), Wacker Chemie AG (Germany), Henan Xunyu Chemical Co., Ltd. (China)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Precipitated Silica market based on the below-mentioned segments:
Global Precipitated Silica Market, By Type
Standard Grade
Silane Treated Grade
Global Precipitated Silica market, By Application
Rubber
Oral Care
Global Precipitated Silica Market, By End User
Automotive
Personal Care & Cosmetics
Global Precipitated Silica market, Regional Analysis
Increasing demand from the rubber, agrochemicals, and oral care sectors has been the primary driver of expansion in the global precipitated silica market. Since tires are the most common use for precipitated silica, fluctuations in the worldwide auto sector have a significant impact on the market. Due to the region's rising middle class, vehicle production has skyrocketed, making Asia Pacific a key market for precipitated silica. In addition, initiatives to lessen the fuel needs of automobiles and encourage vehicle electrification have increased the need for fuel-efficient tires. The Indian government's release of a new star rating criteria for the tire sector is just one example of the rules being implemented by governments around the world to promote the adoption of fuel-efficient tires. The market for precipitated silica is poised for significant growth thanks to the increasing production of electric vehicles (EVs). There will be a beneficial effect on precipitated silica demand from the first quarter of 2022, when global EV sales hit 2 million units. The market has been given a boost by the announcements of major automakers like Honda and Volkswagen to build EV assembly factories. Sustainable and fuel-efficient tire development is a major focus for the tire industry. Goodyear, for one, has pledged to manufacture sustainable carbon black and build a tire made completely of sustainable materials, both of which provide decreased carbon emissions and improved performance.
Categorization by Form
The global market is divided into four categories based on product quality: regular, silane-treated, high-purity, and ultrafine. In the market for precipitated silica, the standard grade category is by far the most important. Products made from standard grade precipitated silica are popular in many different sectors because of their reliable performance and low cost. This market serves a wide variety of industries, from rubber and coatings to food and oral care to personal care and agriculture. Standard grade precipitated silica is in high demand because of the many ways in which it can be used to improve a product's characteristics, including strengthening, abrasion resistance, anti-caking, and absorption. Standard grade precipitated silica is the go-to option in many applications since it is reliable in performance and inexpensive.
The market for silane-treated grade precipitated silica is expanding at the highest rate. Improved dispersion, compatibility, and reinforcing qualities of silane-treated precipitated silica make it a great choice for use in high-stress sectors including rubber, coatings, and adhesives. Precipitated silica particles can better interact with polymers and other components after being "silane treated," which entails surface modification with organosilane chemicals. This enhances the mechanical characteristics, adhesion, and overall performance of the product. Adoption of silane treated precipitated silica is being driven by the increasing need for high-performance rubber compounds, cutting-edge coatings, and adhesive formulations. Since silane treatment can allow for the use of lower silica loading levels while maintaining desired performance, this can reduce overall material consumption and environmental impact, which is why it is gaining popularity as an industry trend.
Evaluation Through Use
The rubber, dental care, food, and coatings sectors represent the most prominent applications within the market. The rubber industry is the largest consumer of precipitated silica. In the rubber sector, precipitated silica is commonly utilized as a reinforcing filler because of the material's enhanced tear strength, abrasion resistance, and grip. Precipitated silica is used in a variety of rubber applications to improve performance, durability, and overall product quality. Growth in the automobile industry, rising tire manufacturing, and the requirement for high-performance rubber compounds all contribute to the rubber industry's demand for precipitated silica. Because of its superior reinforcing properties and lower cost compared to other fillers, the rubber sector is the leading application category for precipitated silica.
The market for precipitated silica is expanding at a particularly rapid rate in the dental care sector. Precipitated silica is commonly used as a polishing and cleaning agent in several brands of toothpaste. Because of its abrasive properties, it is able to effectively remove plaque, stains, and food particles, resulting in better dental hygiene and a more pleasant breath. Awareness of the importance of dental health, increased disposable incomes, and the advent of novel oral care products have all contributed to the sector's rapid expansion. Additionally, precipitated silica has replaced synthetic abrasives in toothpaste due to rising consumer desire for all-natural, eco-friendly options. Market growth for precipitated silica in the oral care sector is being driven by rising awareness of the need of good oral hygiene and the introduction of innovative oral care products.
Drivers
Demand for low-resistance tires continues to rise.
The growing need for low-rolling-resistance tires is one factor propelling the worldwide precipitated silica market. Tires with better fuel efficiency are becoming increasingly important as governments throughout the world enact policies to minimize car fuel use and promote sustainability. Precipitated silica is an essential ingredient in producing fuel-efficient tires because it boosts grip, lessens rolling resistance, and boosts overall tire performance. This factor is a major force in the rising need for precipitated silica.
Restraints
Raw material price volatility
Raw material price volatility is a major factor limiting the worldwide precipitated silica industry. Precipitated silica can only be made using a select few ingredients, including sodium silicate and sulfuric acid. Changes in the cost of these inputs have the potential to have a major bearing on manufacturing businesses' bottom lines. In addition, the market expansion can be hampered by supply chain difficulties brought on by the scarcity of high-quality raw materials. The global market for precipitated silica is severely hampered by the volatility and unpredictability of raw material costs.
Strategic Market Shifts
The growing demand for eco-friendly and sustainable products is a major factor driving the worldwide precipitated silica market. As people become more aware of the impact they can have on the environment, they are placing a premium on sustainable goods. To address this issue, producers are working to refine precipitated silica with better sustainability features, such as reduced energy use during production and increased recyclability. The growing demand for ecologically friendly precipitated silica products is in line with the general trend toward sustainable practices across industries, creating potential for market participants.
Report Coverage
Global Precipitated Silica research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Precipitated Silica report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Precipitated Silica competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Precipitated Silica market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Evonik Industries AG (Germany), PPG Industries, Inc. (US), W.R. Grace & Co. (US), Solvay SA (Belgium), Huber Engineered Materials (US), Oriental Silicas Corporation (Taiwan), Tosoh Corporation (Japan), Madhu Silica Pvt. Ltd. (India), PQ Corporation (US), Akzo Nobel N.V. (Netherlands), Nippon Aerosil Co., Ltd. (Japan), Gujarat Multi-Gas Base Chemicals Pvt. Ltd. (India), Solvay (US), Shandong Link Silica Co., Ltd. (China), Imerys SA (France), Rhodia (France), Cabot Corporation (US), Tokuyama Corporation (Japan), Wacker Chemie AG (Germany), Henan Xunyu Chemical Co., Ltd. (China) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Precipitated Silica Market from 2021 to 2030.
- Market Forecast for Precipitated Silica Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Precipitated Silica competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Precipitated Silica
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Precipitated Silica market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Precipitated Silica market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Evonik Industries AG (Germany), PPG Industries, Inc. (US), W.R. Grace & Co. (US), Solvay SA (Belgium), Huber Engineered Materials (US), Oriental Silicas Corporation (Taiwan), Tosoh Corporation (Japan), Madhu Silica Pvt. Ltd. (India), PQ Corporation (US), Akzo Nobel N.V. (Netherlands), Nippon Aerosil Co., Ltd. (Japan), Gujarat Multi-Gas Base Chemicals Pvt. Ltd. (India), Solvay (US), Shandong Link Silica Co., Ltd. (China), Imerys SA (France), Rhodia (France), Cabot Corporation (US), Tokuyama Corporation (Japan), Wacker Chemie AG (Germany), Henan Xunyu Chemical Co., Ltd. (China)
Primary Target Market
- Market Players of Precipitated Silica
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Precipitated Silica market based on the below-mentioned segments:
Global Precipitated Silica Market, By Type
Standard Grade
Silane Treated Grade
Global Precipitated Silica market, By Application
Rubber
Oral Care
Global Precipitated Silica Market, By End User
Automotive
Personal Care & Cosmetics
Global Precipitated Silica market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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