Precipitated Silica Market Overview
Overview:
Precipitated Silica Market was valued at US$ 3.1 Billion in 2024 and is projected to grow at a CAGR of 12.70% to reach US$ 9.3 Billion by 2034.
Precipitated silica is a white colored free-flowing powder, and insoluble in acid and water. Precipitated silica powder has various crystal structures involving diamond and carbon in the form of graphite. Precipitated silica product having low surface area and enhanced flavor compatibility. The precipitated silica is adapted for use in dentifrices containing cetylpyridinium chloride, which do not attach to the low surface area silica product in a meaningful level and thus remain available for antimicrobial action. Non tire applications of precipitated silica product are such as silicone rubber, footwear soles, and industrial rubber.
Market Dynamics:
Increasing penetration of precipitated silica as a reinforcing agent and filler to replace carbon black in tire manufacturing industry is major factor driving growth of the global precipitated silica market. In addition rising demand for green tire due to increasing pressure on vehicle makers to meet rising fuel-economy targets and reduce vehicle emissions is propelling the global target market. Furthermore, rising utilization of precipitated silica in agrochemical composition as liquid active ingredient and chemical carrier to provide visco-elastic properties is expected to promote the global precipitated silica market. Precipitated silica product is used as a process aid, free-flowing aid, milling aid, and anti-cracking aid in solid agrochemicals. Moreover, growing adoption of precipitated silica in manufacturing of transparent and medicated toothpaste in which it acts as a cleaning, polishing, and whitening agent fuels the global precipitated silica market. Precipitated silica is used in paint and coating products which act as anti-settling, matting, thickening, and thixotropic agent. This is another factor expected to augment the target market over the forecast period. However, availability of substituent of precipitated silica such as carbon black may hamper the global precipitated silica market.
Regional Analysis:
For detailed understanding of market dynamics, the global precipitated silica market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global precipitated silica market. The Asia Pacific precipitated silica market is expected to account for major share in terms of revenue in the global precipitated silica market over the forecast period. This can be attributed to increasing demand for precipitated silica from end-use industry such as rubber, paint and coating, and agrochemicals in countries such as India and China. The Europe precipitated silica market is expected to account for significant revenue share in the global precipitated silica market in the near future. This is owing to rising penetration of precipitated silica in rubber manufacturing and oral care manufacturing in the European countries.
Competitive Analysis:
Some of the prominent players operating in the global precipitated silica market include Evonik Industries AG, Tosoh Silica Corporation, IQE plc, Ineos Silicas Ltd, W.R. Grace & Co, Huber Engineered Materials, Allied Silica, Solvay SA, PPG Industries Inc, and Quechen Silicon Chemical Co., Ltd. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global precipitated silica market. For instance, in January 2018, Evonik Industries AG launched “ULTRASIL 7800 GR” that optimizes production of green tires for SUVs and all-season tires. Further, on April 2018, Tata Chemicals acquired precipitated silica business of Allied Silica. This acquisition offers the possibility to make value addition to Tata Chemicals soda ash business.
Market Taxonomy:
This report segments the global precipitated silica market on the basis of end-use industry, application, and region. On the basis of end-use industry, the target market is segmented into automobiles, cosmetics, electronics, and agriculture. Automobile end-use industry is segment that contributed the largest share to the global precipitated silica market, owing to rising demand of precipitated silica from the automotive tire industry as precipitated silica provides enhanced properties to the tire which include reduced rolling resistance, increased traction, and high wear resistance. On the basis of application, the global precipitated silica market is categorized into personal care, rubber, food, fishing boats, adhesives & sealants, and coating & inks. The rubber segment is accounted for largest share in the global precipitated silica market, due to increasing demand of precipitated silica in rubber products, as it acts as reinforcing filler and increases the strength and durability of rubber.
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Key features of the study:
Prophecy Market Insights provides detailed analysis on precipitated silica market in our report- Global Precipitated Silica Market by end-use industry, by application, and region The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, customers demand, and regional outlook. The report delivers competitive analysis about leading players in the global precipitated silica market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe. Various strategy matrices includes in the report are PEST analysis, PORTER’s five forces analysis, and opportunity map analysis to analyze the precipitated silica market.
Precipitated Silica Market Company Profile
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- Evonik Industries AG*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Tosoh Silica Corporation
- IQE plc
- Ineos Silicas Ltd
- W.R. Grace & Co
- Huber Engineered Materials
- Allied Silica
- Solvay SA
- PPG Industries Inc
- Quechen Silicon Chemical Co., Ltd
- Evonik Industries AG*
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“*” marked represents similar segmentation in other categories in the respective section
Precipitated Silica Market Table of Contents
Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By End-Use Industry
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Precipitated Silica Market, By End-Use Industry, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Automobile
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Cosmetics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Electronics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Agriculture
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Precipitated Silica Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Personal Care
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Rubber
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Food
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Fishing Boats
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Adhesives and Sealants
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Coating and Inks
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Precipitated Silica Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Mn), By End-Use Industry, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- South Africa
- Central Africa
- North Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Evonik Industries AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Tosoh Silica Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- IQE plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Ineos Silicas Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- W.R. Grace & Co
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Huber Engineered Materials
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Allied Silica
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Solvay SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- PPG Industries Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Quechen Silicon Chemical Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Evonik Industries AG
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The precipitated silica market accounted for US$ 2.71 Billion in 2022 and is projected to register a moderate CAGR of 10.6%
The market report has been segmented on the basis of end-use industry, application, and region.
The Precipitated Silica Market is driven by factors such as the increasing demand in the rubber and tire industry, growing applications in food and healthcare, rising use as a reinforcing filler in various industries, and the focus on eco-friendly and sustainable products.
The volatility of raw material prices, the energy-intensive manufacturing process, competition with alternative materials, and environmental concerns related to certain production methods, acting as potential restraints for the Precipitated Silica Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is expected to dominate the Precipitated Silica Market, with China being a key contributor, due to its large manufacturing base, extensive use in industries, and the overall economic growth in the region.
The prominent player operating in the global precipitated silica market includes Evonik Industries AG, Tosoh Silica Corporation, IQE plc, Ineos Silicas Ltd, W.R. Grace & Co, Huber Engineered Materials, Allied Silica, Solvay SA, PPG Industries Inc, and Quechen Silicon Chemical Co., Ltd.