Market Size

The global fumed silica market size is valued at USD 1.3 billion in 2021 and is estimated to reach a value of USD xx billion in 2027. The fumed silica market analysis shows that it will grow with a CAGR of 5.1% over the forecast period of 2021 to 2027.

Market Driver

The rising demand in the building & construction, electrical & electronics, automotive & transportation, personal care & beauty, food & beverage, and pharmaceutical industries leads the fumed silica market to rise significantly in the coming years. The creation of tablets and capsules in the pharmaceutical business is a challenge, but fumed silica helps to enhance characteristics, making the operation considerably easier. In tablet manufacturing, fumed silica is used as anticaking agents, adsorbents, disintegrants, and glidants to allow powder to flow easily when tablets are being processed. Biologically, these chemicals appear to be harmless. The FDA considers it to be generally safe. Due to the medical industry in Europe, demand for fumed silica is predicted to expand at an unprecedented rate. Large investments are being made in the pharmaceutical business in Europe, and technological advancements are reinforcing the market's grip. The pharmaceutical business is experiencing strong growth as a result of COVID-19's effects. The need for fumed silica predicts a rise due to growing demand in the paints, coatings, and sealants sector. According to the World Painting and Coating Association, the global painting and coating industry will produce USD 150 billion in sales in 2020, and demand for fumed silica will rise as the sector improves the properties of paints and coatings to suit customer demand. The thixotropic nature of fumed silica in sealants provides sag-specific features for successful practical use. It also gives sealants reinforcement and mechanical qualities. Because no other source can achieve these qualities, fumed silica has a competitive edge in the sealant industry. A booming construction sector throughout the world is driving up demand for paints and coatings, which means the fumed silica market has a lot of room to develop. In the United States, new building activity was USD 1,365 billion in 2019 and is expected to reach USD 1,430 billion in 2020. This increased demand for fumed silica by simulating the use of sealants, paints, and varnishes.

Segment Outlook

Based on product type, the market is segmented into Hydrophilic and Hydrophobic. The LDPE & Hydrophilic fumed silica segment is estimated to be the largest segment over the forecast period.  Based on application, the market is segmented into Silicone Elastomers, Paints, Coatings & Ink, Adhesives & Sealants, UPR & Composites, and Others. The Silicone Elastomers application segment is estimated to be the largest segment over the forecast period.  Based on the end-use industry, the market is segmented into Building & Construction, Electrical & Electronics, Automotive & Transportation, Personal Care & Beauty, Food & Beverages, Pharmaceuticals, and Others.

Regional Outlook

The Fumed Silica market research report provides an in-depth analysis of the industry, incorporating quantitative and qualitative data. It includes historical, present, and forecast data of the global market for Fumed Silica by segment. Furthermore, it provides market size and forecast estimates for five regions, namely Asia Pacific, North America, Europe, Central & South America, Middle East, and Africa from 2015 to 2027.  region and then by country and segment.  Asia Pacific will account for the largest market share in the global Fumed Silica market. The key countries in this market include U.S., Italy, Germany, France, China, India, and Japan. The report analyzes supply and demand-side factors affecting Fumed Silica market and then evaluates market dynamics affecting the market in coming years. Qualitative insight available in this report are opportunities, drivers, restraints, and future trends.

Company Profile Outlook

Key companies profiled in this market are Evonik Industries (Germany), Cabot Corporation (US), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), and Applied Material Solutions Inc.. However, we have also considered other companies for detailed primary interviews.

Research Methodology

Fumed Silica market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts, channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Fumed Silica Market Size and Outlook by Product Type

• Hydrophilic
• Hydrophobic

Fumed Silica Market Size and Outlook by Application

• Silicone Elastomers
• Paints, Coatings & Inks
• Adhesives & Sealants
• UPR & Composites
• Others

Fumed Silica Market Size and Outlook by End-Use Industry

• Building & Construction
• Electrical & Electronics
• Automotive & Transportation
• Personal Care & Beauty
• Food & Beverages
• Pharmaceuticals
• Others

Fumed Silica Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• Evonik Industries
• Cabot Corporation
• Wacker Chemie AG
• Tokuyama Corporation
• Applied Material Solutions Inc.
• China National Bluestar (Group) Corporation
• Chifeng Shengsen Silicon Technology Development Co., Ltd.
• Kemitura a/s
• Orisil
• Agsco Corporation

Actionable Outcomes

Our Fumed Silica Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will grow in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Fumed Silica market size
• Fumed Silica market size, drifts, drivers and opportunities
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Fumed Silica market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Fumed Silica market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Fumed Silica market share
• Measures to consider for Fumed Silica market