Chemical & Materials Trending Fumed Silica Market | Page 5

Industry Insights ❖Based on type, the fumed silica market has been categorized into hydrophilic and hydrophobic. ❖The hydrophilic fumed silica segment is the largest type segment of the market both, in terms of volume and value. ❖The hydrophobic segment is expected to grow at the highest CAGR during the forecast period, in terms of volume. ❖This growth is mainly attributed to the water-repellent properties of hydrophobic fumed silica, which makes it one of the best materials utilized for anti-corrosive applications. ❖Based on application, the fumed silica market has been segmented into paints & coatings and inks, adhesives & sealants, pharmaceuticals, UPR, gel batteries, and lighting, among others. ❖The growth of the paints & coatings application segment of the market is primarily driven by the rising demand for water-based paints & coatings from the architectural and industrial applications. View Full Report @ http://bit.ly/2WFDPkI