Specialty Silicas Market Revenue to Record Stellar Growth Rate by 2020
Verfasser: yogesh on Tuesday, 12 February 2019Specialty silicas are chemical compounds that are made predominantly from silica or silicon dioxide (SiO2). Specialty silicas are found in shape of chunks, sawed or trimmed blocks, round pebbles, and other shapes. Specialty silicas are widely adopted in food and beverages industry, footwear manufacturing, rubbers and production of ‘green’ tires.
On the basis of silica type, the global silicas market can be segmented as precipitated silica sol, silica gel, and fumed silica. Precipitated silica sol is the largest market segment of specialty silicas market owing to the increase use of it in automotive tyres manufacturing. Based on the various end user applications, the market can be segmented in three different categories namely chemicals, rubber, and food and beverages. Rubber was the largest market segment of specialty silicas in 2013. It is expected that rubber will be also the fastest growing market segment in the forecasted period owing to the increase adoption of silica rubbers in environment friendly automotive tyres. The demand of Silica sol is mainly expected from growing end user industries such as paper coatings and semiconductor polishing market.
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