Global Specialty Silica Market Size By Product, By Application, By Geographic Scope And Forecast
Specialty Silica Market Size And Forecast
Specialty Silica Market was valued at USD 5.31 Billion in 2019 and is projected to reach USD 14.36 Billion by 2027, growing at a CAGR of 9.2 % from 2020 to 2027.
Global Specialty Silica Market Outlook
Rolling resistance of the tires can be reduced by further enhancing the grip when specialty silica is combined with tire rubbers, hence decreasing the fuel consumption. This is likely to fuel the market during the forecasted period. Property of specialty silica to act as an anti-blocking agent, anticaking agent, polishing agent, clarification agent, etc. is expected to boost the market in the coming years. Increasing demand for cosmetic and oral care products will also act as growth contributing factor to the market. In contrast, the availability of alternatives and sluggish growth in industries like paints and paper may act as restraining factors of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Specialty Silica Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Specialty Silica Market Competitive Landscape
The Global Specialty Silica Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Evonik Industries, Akzo Nobel N.V., Cabot Corporation, Wacker Chemie AG, PPG Industries, Inc., Huber Engineered Materials, Solvay S.A., W. R. Grace ; Co., Nalco Holding Company, and Madhu Silica Private Limited.
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