Silica Market Analysis, Size, Growth, Share & Forecast to 2026 | Grand View Research Inc.
“Silica Market Size Worth $10.10 Billion By 2026 | CAGR: 8.6%�
The global silica market size is anticipated to reach USD 10.10 billion by 2026, according to a new report by Grand View Research, Inc., registering an 8.6% CAGR during the forecast period. Rising demand for silica across various end-use industries such as rubber, agrochemicals, oral care, and paints and coatings is anticipated to drive the industry. Precipitated silica is the most extensively consumed product in the market. It is utilized in the reinforcement of elastomer products, such as automotive tires, due to its ability to reduce rolling resistance, improved traction under slippery conditions, and enhanced fuel efficiency. It also acts as an anti-blocking agent in thermoplastic films and a matting agent in paints and varnishes. Rubber application acquired the largest share in 2018 and is estimated to remain dominant throughout the forecast period. The global demand for tires is increasing on account of an expanding automobile industry, especially in emerging economies. As a result, major tire manufacturers are aggressively involved in expansion projects in emerging economies like India. For instance, in April 2018 Bridgestone India announced plans to double its production capacity over the next five years at an investment of USD 304 million. This is anticipated to propel product demand from tire manufacturers.
In the construction sector, high-performance concrete (HPC) comprising silica has been recognized as one of the most significant advanced materials necessary for infrastructure development. HPC manufactured with silica fumes provides increased strength and higher resistance to corro sion, abrasion, and chemicals. Moreover, it offers lower permeability, enhanced durability, sustainability,
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and life-cycle cost efficiencies for concrete. This is estimated to drive utilization of the product in the construction sector. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/silica-market
Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.2.1 Application market scope 1.2.2 Regional market scope 1.2.3 Estimates & forecast timeline 1.2.4 Assumptions 1.3 List of Data Sources 1.3.1 Secondary Sources 1.4 List of Abbreviations Chapter 2 Executive Summary Chapter 3 Silica Market Variables, Trends, and Scope 3.1 Market Segmentation & Scope 3.2 Penetration & Growth Prospect Mapping 3.3 Value Chain Analysis 3.3.1 Precipitated silica and silica gel 3.3.1.1 Precipitated and gel silica - Raw materials 3.3.1.2 Precipitated silica - production process 3.3.1.3 Gel Silica - production process 3.3.1.4 Precipitated & gel silica - Environmental aspects 3.3.2 Fumed Silica (Pyrogenic Silica) 3.3.2.1 Fumed Silica - Raw materials 3.3.2.2 Fumed Silica - Production process 3.3.2.3 Fumed silica - Environmental aspects 3.3.3 Silica Fume (Microsilica) Continue………………….
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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.
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