Precipitated Silica Market worth 2.23 Billion USD by 2021

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Precipitated Silica Market by Type ,Application -
by Region Global Trends Forecast to 2021
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Precipitated Silica Market by End-Use Industry
(Automobiles, Cosmetics, Electronics,
Agriculture), by Application (Rubber, Personal
Care, Food, Battery Separator, Coating Inks,
Adhesives Sealants), by Region - Global
Forecast to 2021 The global precipitated silica
market is projected to grow from USD 1.33 Billion
in 2015 to USD 2.23 Billion by 2021, at a CAGR of
9.1 between 2016 and 2021. PDF Brochure
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Automobile is the fastest-growing end-use
industry segment of the global precipitated
silica market Automobile end-use industry segment
contributed the largest share to the precipitated
silica market, by end-use industry in 2015, and
is projected to be the fastest-growing end-use
industry segment from 2016 to 2021. This growth
can be mainly attributed to the increased demand
of precipitated silica from the automotive tire
industry, as precipitated silica provides
enhanced properties to the tire such as reduced
rolling resistance, increased traction, and high
wear resistance. Request for Customization
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Rubber was the fastest-growing application
segment of the global precipitated silica
market Rubber segment contributed the largest
share to the precipitated silica market, by
application in 2015, and is projected to be the
fastest-growing application segment from 2016 to
2021. This growth can be attributed to the
increased demand of precipitated silica in rubber
products, as it acts as a reinforcing filler and
increases the strength and durability of
rubber. Inquiry before buying http//www.marke
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Asia-Pacific was the largest market for global
precipitated silica market in 2015 Asia-Pacific
was the largest market for precipitated silica
market in 2015, owing to the rise in demand of
precipitated silica in this region. This
increased demand can be attributed to the growing
demand for automotive tires, personal care
products such as toothpastes, footwear, and
pesticides in the region. China, India, and Japan
are the leading countries in terms of production
and consumption of precipitated silica in
Asia-Pacific. Low cost of raw materials and labor
as well as the high demand from end-use
industries such as tires, toothpastes, and others
is expected to drive the growth of the
precipitated silica market in these
countries. Request Sample of Report _at_
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The automobile end-use industry segment accounted
for the largest share of the global precipitated
silica market in 2015. There is a high rise in
the usage of precipitated silica for
manufacturing of high quality tires that comply
with the tire labelling norms. There is also a
high demand for precipitated silica for the
production of hoses, tubes, gaskets seals,
belts, and other products that are used in the
automobile industry. Visit Report _at_
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ecipitated-silica-market-248726425.html
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Key players Key players operational in the
precipitated silica market include Evonik
Industries AG (Germany), PPG Industries Inc.
(U.S.), W.R. Grace Co. (U.S.), Tosoh Silica
Corporation (Japan), Solvay SA (Belgium), Huber
Engineered Materials (U.S.) and Oriental Silica
Corporation (Taiwan).
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