The rising popularity of the product in pharmaceutical industry is bound to increase the product consumption in upcoming years. It is used as a flowing agent to enhance the strength & uniformity of tablets. It aids in moisture stabilization and rheology control of various pharmaceutical drugs. In addition, it is used for tablet coating and as a flavor masking agent. The product helps in resolving manufacturing issues and maintaining high productivity. Increasing investments along with technological advancements are going to boost the pharmaceutical production and it will spur the growth of fumed silica market between 2019 to 2025. —
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Fumed Silica Market is expected to surpass USD 1.5 billion by 2025. Increasing usages of fumed silica to improve the properties of various products in pharmaceutical, paints, coatings, silicone elastomers, inks, cosmetics, foods, beverages, resins, adhesives, sealants and other sectors will augment the industry growth.
Some major findings of the fumed silica market report include:
- Hydrophobic fumed silica will grow rapidly owing to innovation trends and research & development activities.
- Pharmaceutical, beauty & personal care segment will lead the market during the forecast time span as the product is used to solve the operational issues in pharmaceutical production and improve operational capabilities of various tablets, capsules, cosmetics, etc.
- Increasing usages of UPRs in building & construction sector will propel the overall industry growth between the projected time frame.
- The key manufacturers in the industry are Wacker Chemie AG, Cabot Corporation, Evonik Industries AG, OCI Company Ltd. and Tokuyama Corporation.
- Major companies are expanding their production capacities to fulfil the increasing consumer demand.
In Silicone elastomers, the product is used to enhance mechanical and rheological capabilities. Moreover, it helps to maintain transparency & glossy appearance while increasing heat stability. Fumed silica is used in paint & coatings industry for increasing corrosion resistance, rheological & thixotropic characteristics and anti-sagging effect. Positive outlook of silicone elastomers and paints & coatings industry is going to bolster the growth of industry over the forecast period. Presence of cheaper alternatives such as precipitated silica and high costs of the product may affect the product sales in near future.
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Fumed silica market is segmented on the basis of product and application. Hydrophilic silica is likely to cross 210 kilo tons by 2025 owing to cheaper prices and large number of applications. Unsaturated polyester resin will register more than USD 125 million by 2025. The product is used to improve thixotropic and viscosity properties of unsaturated polyester resins. Pharmaceutical, beauty & personal care will capture nearly one-third of volume share at the end of 2025. Increasing adoption of the product by pharmaceutical manufacturers will boost the product sales. In beauty & personal care products, the product is used as an antiperspirant and anti-caking agent. Moreover, it improves rheology control and prevents setting of pigments & powders. Increasing worldwide consumption of cosmetics will trigger the product sales in future.
Asia Pacific will be the fastest growing region in terms of pyrogenic silica consumption between 2019 to 2025. Rapidly growing manufacturing sector and favorable government policies are going to propel the industry growth between the forecast period. Europe will clutch over 15% volume share owing to promising growth trends associated with pharmaceutical and cosmetics industry.
Table of Contents:
Chapter 1. Methodology & Scope
1.2. Market definition
1.3. Market estimation & forecast parameters
1.4. Data sources
126.96.36.199. Paid sources
188.8.131.52. Public sources
Chapter 2. Executive Summary
2.1. Fumed silica industry 360 degree synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Fumed Silica Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Profit margin
3.3.2. Value addition at each stage
3.3.3. Distribution channel analysis
3.3.4. Raw material analysis
3.3.5. Vendor matrix
184.108.40.206. List of raw material suppliers
220.127.116.11. List of key manufacturers/supplier
18.104.22.168. List of key/potential customers
3.4. Industry megatrends
3.5. Innovation & sustainability
3.5.1. Patent analysis
3.5.2. Technology landscape
3.5.3. Future trends
3.6. Industry impact forces
3.6.1. Growth drivers
22.214.171.124. Increasing need to improve pharmaceutical production processes
126.96.36.199. Rising demand of beauty & personal care products
188.8.131.52. Favorable trends associated with building & construction sector
184.108.40.206. Positive outlook of unsaturated polyester resin sector
3.6.2. Industry pitfalls & challenges
220.127.116.11. Significant threat from substitutes such as precipitated silica
18.104.22.168. High prices of the product
3.7. Regulatory trends
3.8. Growth potential analysis
3.9. Competitive landscape
3.9.1. Company market share, 2018
3.9.2. Strategy dashboard
3.10. Porter's analysis
3.11. Price trends
3.12. PESTEL analysis
Chapter 4. Fumed Silica Market, By Product
Chapter 5. Fumed Silica Market, By Application
Chapter 6. Fumed Silica Market, By Region
Chapter 7. Fumed Silica Market Company Profiles
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Global Hydrophobic Fumed Silica Market Report 2019 - Market Size, Share, Price, Trend and Forecast
Global Hydrophobic Fumed Silica Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Hydrophobic Fumed Silica industry. The key insights of the report:
1.The report provides key statistics on the market status of the Hydrophobic Fumed Silica manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
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