The Fumed Silica Market is projected to reach USD 2.26 Billion by 2022, at a CAGR of 7.1% from 2017 to 2022.
Browse 80 market data tables and 56 figures spread through 197 pages and in-depth TOC on "Fumed Silica Market by Type (Hydrophilic, Hydrophobic), Application (Paints & Coatings and Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting), and Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022".

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The use of fumed silica has increased in paints & coatings and inks, adhesives & sealants, and UPR applications, owing to the growth of major end-use industries such as construction and automobiles in Asia-Pacific and the Middle East & Africa. In addition, the high demand for fumed silica is mainly attributed to its efficiency and low maintenance cost as compared to precipitated silica.

The hydrophilic fumed silica segment accounted for the largest share of the fumed silica market

The hydrophilic fumed silica segment is estimated to be the largest type segment of the fumed silica market both, in terms of volume and value. This growth is mainly attributed to the low price of hydrophilic fumed silica and its usage across various applications, such as paints & coatings and inks, silicone rubber, and UPR. Furthermore, the treated fumed silica also known as hydrophobic silica is water repellent and thus, cannot be dispersed in water. Hydrophobic fumed silica encompasses unique properties such as low moisture adsorption and improved rheological behaviour.

Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Scope
1.3 Market Definition
1.4 Currency
1.5 Package Size
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Fumed Silica: Secondary and Primary Market Research
2.2.1 Key Data from Secondary Sources
2.2.2 Key Data from Secondary Sources
2.2.3 Key Data from Primary Sources
2.2.4 Key Industry Insights
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

Based on application, the fumed silica market has been segmented into paints & coatings and inks, adhesives & sealants, pharmaceuticals, UPR, gel batteries, and lighting, among others. The growth of the paints & coatings application segment of the market is primarily driven by the rising demand for water-based paints & coatings from the architectural and industrial applications.

North America, Asia-Pacific, and Europe are key regions in the fumed silica market. The market in the Asia-Pacific region is anticipated to grow at the highest CAGR between 2017 and 2022, in terms of value and volume. This growth is mainly attributed to the increasing usage of fumed silica in paints & coatings, adhesives & sealants, UPR, and gel batteries applications.

Lack of awareness regarding the benefits of fumed silica over precipitated silica is expected to restrain the growth of the fumed silica market. In addition, the introduction of biogenic fumed silica, which becomes an alternative to fumed silica, is further restraining the growth of the market.

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Key players operating in the fumed silica market include Evonik Industries (Germany), Cabot Corporation (U.S.), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), Cargill, Inc. (U.S.), China National Bluestar (Group) Co., Ltd. (China), Applied Material Solutions, Inc. (U.S.), Chifeng Shengsen Silicon Technology Development Co., Ltd. (China), Kemitura A/S (Denmark), and Orisil (Ukraine).

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