Colloidal Silica Market Top Players, Global Trends, BusinessOpportunities, and Industry Forecast till 2022
“Colloidal silica market is driven by extensive demand in the paper & pulp manufacturing industry. In addition, the rise in use of colloidal silica is preferably used in steel and alloy manufacturing sector.�
The global colloidal silica market is anticipated to grow at a significant CAGR of 5.8% during the forecast period. Colloidal silica finds various application in the fabrication and electronics industry such as semiconductor wafer polishing, casting and others. Basically, it is a constant diffusion of solid silica particles. Commercially, it is used to polish metals, alloys, ceramics, minerals and composites. It is also used in diamond polishing. Colloidal silica comprises fine particles of silica that remain suspended in liquid for a long period of time. The particles become amorphous in nature having a negative electrical charge. These particles are insoluble in the distilled water as pH is the main factor to influence the stability of colloidal silica. Colloidal silica market is driven by extensive demand in the paper & pulp manufacturing industry. In addition, the rise in use of colloidal silica is preferably used in steel and alloy manufacturing sector. Constant product developments and benefits offered have been a major driving factor in the growth of the market. However, certain disadvantages are led by colloidal silica when used with water since it slows down the drying speed; this acts as a market restraint. By product, market is segmented as acidic, alkaline and neutral. End-user segmentation for colloidal silica industry is segmented as metals & metallurgy, pulp & paper, chemicals, building & construction and paints & coatings. Application segment for the market comprises catalysts, investment casting, refractories, textiles & fabrics, paints & coatings and polishing. Get Sample Copy of this Report @ https://www.millioninsights.com/industry-reports/colloidal-silica-market/request-sample