Specialty Silica Market Trends and Forecast Report 2016 – 2024
Market Research Hub ( MRH ) has recently announced the addition of a fresh report , titled “ Specialty Silica Market - Global Industry Analysis , Size , Share , Growth , Trends , and Forecast 2016 – 2024 ” to its report offerings . This report analyzes and forecasts the market for specialty silica at the global and regional level . The market has been forecast based on volume ( KILO TONS ) and revenue ( US $ Mn ) from 2016 to 2024 , considering 2015 as the base year .
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Specialty silica is silicon dioxide , which is majorly available in the form of quartz in nature . The five basic type of specialty silicas available in the market are : precipitated silica , fumed silica , fused silica , silica gel and colloidal silica . specialty silica are employed in various applications such as rubber , crop protection , paints & coatings , electronic components , food & beverage , animal feed , plastics , personal care & cosmetics , textile , paper , refractories and others . Rising demand for specialty silica in the tire industry in various regions is likely to propel the specialty silica market in the near future . Specialty silica are also used in paints & coatings , electrical & electronic , and other applications industries . Demand for specialty silica is projected to increase significantly in the next few years considering the extensive growth of the global rubber and microelectronics market .
Asia Pacific dominates the specialty silica market in terms of production and demand . Countries such as China , India , Japan , and South Korea are expected to be the key consumers of specialty silica . North America is the second largest consuming region . Availability of inexpensive substitutes for products such as colloidal silica and silica gel is expected to hamper the specialty silica market in the