Global Precipitated Silica Market 2019-2025 - Rubber Application Held the Highest Market Share of 52.7% in Terms of Revenue in 2018, Owing to Huge Demand from Tire Manufacturers - ResearchAndMarkets.com

The "Precipitated Silica Market Size, Share & Trends Analysis Report By Application (Rubber, Agrochemicals, Oral care, Food), By Region (North America, Europe, Asia Pacific, CSA, MEA), And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global precipitated silica market size is anticipated to reach USD 3.34 billion by 2025. It is expected to register a CAGR of 7.9% during the forecast period.

Increasing utilization of the product in tires to enhance tire tread wear resistance and adhesion, is the major factor driving the growth. Substitution of carbon black with precipitated silica on account of its eco-friendly nature is anticipated to fuel the market.

Application of the product in agrochemicals is expected to witness a considerable growth on account of its extensive usage as free flow agent. Increasing use of precipitated silica owing to its absorption ability and improved chemical stability is expected to drive demand from the agrochemicals market.

Growing use in food industry on account of its superior absorption, high purity, and anti-caking property is expected to fuel demand for precipitated silica over the forecast period. Precipitated silica is used extensively in food applications including edible salt and powdered food products. It helps enhance product consistency through automated dosing of vegetable and fruit extracts, preservatives, and nutrients.

In agrochemicals, the product is used as an active ingredient carrier in pesticide manufacturing. It enables consistent and high loading of chemically active ingredients in various agrochemicals including fungicides, insecticides, and herbicides. In addition, the product is used as a process aid for urea and chemicals owing to its anti-cracking properties.

Increasing use of the product in toothpaste industry as a cleaning and thickening agent is expected to drive growth of the precipitated silica market over the forecast period. The product is used in oral care applications to provide effective cleaning and polishing performance. It is used in toothpaste formulations, primarily on account of its whitening and cleaning properties, to meet dentifrice requirements.

Further key findings from the report suggest:

• Rubber application held the highest market share of 52.7% in terms of revenue 2018 owing to huge demand from tire manufacturers.
• In terms of volume, agrochemicals was the second largest application with a market share of 12.9% in 2018. Its growth is mainly driven by increasing demand for efficient agrochemical processing techniques.
• Asia Pacific led the precipitated silica market with a revenue share of 43.4% in 2018 owing to massive production of tires and increasing construction activity in the region.
• In terms of revenue, Central and South America is estimated to register a CAGR of 8.4% over the forecast period on account of economic recovery in the region.
• Evonik Industries, Solvay SA., and PPG Industries, are the key manufacturers in the market. Capacity extension owing to rising demand and price modification on account of volatility in raw material prices are the major strategies adopted by the top players.

Key Topics Covered

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope

1.2. Market Definition

1.3. Information Procurement

1.4. Information Analysis

1.5. Market Formulation & Data Visualization

1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook

2.2. Segmental Outlook

2.3. Competitive Insights

Chapter 3. Precipitated Silica Market Variables, Trends & Scope

3.1. Market Lineage Outlook

3.2. Penetration & Growth Prospect Mapping

3.3. Industry Value Chain Analysis

3.4. Regulatory Framework

3.5. Market Dynamics

3.6. Business Environment Analysis: Precipitated Silica Market

3.7. Market Entry Strategies

3.8. Case Studies (Business Model/Technology Adoption)

Chapter 4. Precipitated Silica Market: Application Estimates & Trend Analysis

4.1. Definition & Scope

4.2. Application Movement Analysis & Market Share, 2018 & 2025

4.3. Market Size & Forecasts and Trend Analysis, 2014 to 2025 for the Following:

Chapter 5. Precipitated Silica Market: Regional Estimates & Trend Analysis

5.1. Regional Market Snapshot

5.2. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)

5.3. Market Size, & Forecasts and Trend Analysis, 2014 to 2025

Chapter 6. Precipitated Silica Market - Competitive Analysis

6.1. Key Global Players & Recent Developments & Their Impact on the Industry

6.2. Strategy Framework

6.3. Vendor Landscape

Chapter 7. Company Profile

7.1. Anten Chemical Co. Ltd.

7.2. Huber Engineered Materials

7.3. Evonik Industries AG

7.4. PPG Industries Inc.

7.5. IQE Group

7.6. Solvay S.A.

7.7. PQ Corporation

7.8. MLA Group

7.9. Tosoh Silica Corporation

7.10. Oriental Silicas Corporation

7.11. W.R. Grace & Co.

7.12. Madhu Silica Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/m1jjf

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