Precipitated silica market is expected to reach
USD 3.69billion by 2022, according to a new report by Grand View Research, Inc.
The market is expected to witness substantial growth on account of its
extensive use in rubber, toothpaste, and food industry. Growing demand for
rubber grade products is expected to propel precipitated silica demand.
Rubber has extensive usage in the
automotive, construction, industrial and consumer goods segment. Growing use of
precipitated silica in rubber and tire industry is expected to boost
precipitated silica market demand. The compound has profound usage as
reinforcement fillers in tire and rubber industry. The product offers benefits
such as improved flex fatigue resistance, rubber tear strength, heat build-up,
adhesion, abrasion resistance, modulus, and hardness. Furthermore, the compound
is used to enhance tear resistance, abrasion resistance, & tensile strength
and improve wet traction performance as well as rolling resistance of the
tires.
Increasing use of the compound in
pesticides is expected to spur demand over the forecast period. Furthermore,
they are extensively used as carrier and diluents on account of properties such
as compatibility, higher absorption, and improved stability with toxicants and
other active ingredients. Furthermore, this product has extensive usage as
dispersing, grinding and wetting aid and improves suspension behavior in liquid
chemicals.
U.S Precipitated Silica market
revenue, by application, 2012 - 2022 (USD Million)
Browse full research report on
Precipitated Silica Market
Further key findings from
the report suggest:
- Rubber application
accounted for over 60% of the overall revenue share in 2014. Rubber grade
silica is used in tire industry, wherein it helps to reduce rolling
resistance, and increase grip of the tires. Increasing utilization of the
compound in tires as replacements for carbon blacks provides better
anti-skid properties and improved tensile and tear strength, which is
further anticipated to fuel demand. Furthermore, growing use of
precipitated silica as a reinforcement agent in tire as well as rubber formulations
is also expected to favorably impact the market.
- Agrochemicals
market is expected to witness significant growth over the forecast period
due to its extensive use in applications as free flow agents on account of
its higher absorption ability and improved chemical stability. Growing use
of the compound as absorbent carriers and flow conditioners to improve
suspension behavior and storage stability in liquids is expected to propel
the demand.
- Europe
accounted for over 19% of the revenue share in 2014. Increasing use of the
compound in rubber segment, particularly micro sheets, rice rollers,
thermoplastic rubber, PVC sheets, and shoe soles is expected to propel
demand. The product is used in transmission and conveyor belts wherein it
improves tear strength and imparts high degree of reinforcement to
elastomer compounds. Additionally, the product is also used in shoe soles
on account of its non-scuffing and wear resistant characteristics, wherein
it provides resilience and durability.
- Precipitated
silica manufacturers offer their products through different distribution
channels which includes direct supply agreement, and vendors &
distributors. Key precipitated consumers include Kadvani Chemicals Pvt.
Ltd., and Oriental Silicas Corporation. Furthermore, companies such as PQ
Corporation, PPG Industries, Inc, Madhu Silica Pvt. Ltd and Solvay are
engaged in manufacturing, distribution and end-use.
About Grand View Research, Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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