Fumed Silica Market 2022

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Fumed Silica Market to Exceed 2.26 Billion USD
by 2022
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• The report "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", The fumed silica
  market is projected to reach USD 2.26 Billion by
  2022, at a CAGR of 7.1 from 2017 to 2022.

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• 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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  fumed-silica-market-103347608.html
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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.

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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 behavior. The pharmaceuticals
application segment is projected to grow at the
highest CAGR during the forecast period The
pharmaceuticals application segment is expected
to register the highest growth in terms of volume
during the forecast period. Fumed silica is used
as an excipient in the pharmaceutical industry.
It improves the flow properties of starting
materials that are required for tablet and
capsule manufacturing. Fumed silica is also used
for coating larger excipients and active
ingredient particles.
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The fumed silica market in Asia-Pacific is
projected to grow at the highest CAGR during the
forecast period Asia-Pacific is the largest
market for fumed silica, in terms of value,
followed by North America and Europe. Various
end-use industries such as construction and
automobiles represent the bulk of the demand for
fumed silica in the Asia-Pacific region.
Moreover, rising awareness regarding the benefits
of fumed silica has further contributed to the
high demand for fumed silica in Asia-Pacific
countries, such as China, Japan, and India. Key
players in the fumed silica market 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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• Asia-Pacific is to play a key role in the market
  for aluminum-extruded products.
• Low labor costs, rise in industrialization, large
  scope for FDI, emerging economic conditions, ,
  and an excellent hold on industries such as
  construction, automotive, mass transport, and
  aerospace have played a crucial role in the
  growth of the market for aluminum-extruded
  products in the Asia-Pacific region.
• The key players considered in the report are the
  following
• Alcoa, Inc. (U.S.)
• Aluminum Bahrain B.S.C. (Bahrain)
• Aluminum Corporation of China Limited (China)
• BHP Billiton Ltd. (Australia)
• Century Aluminum Company (U.S.)
• China Hongquiao Group Limited (China)
• Hindalco Industries Limited (India)
• Norsk Hydro ASA (Norway)
• Rio Tinto Plc (U.K.)
• United Company Rusal (Russia)
•  

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