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Fumed Silica Market is projected to Thrive, Supported by increasing end-use applications

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Fumed silica, also known as pyrogenic silica, is an ultra fine, high-purity silica product that is produced via flame hydrolysis of volatile silanes. Fumed silica finds applications in wide range of industries such as paints & coatings, personal care and cosmetics, unsaturated polyester resins, silicone rubber, food & beverages and pharmaceuticals, owing to its unique properties like chemical inertness, high purity, low bulk density and large surface area. Fumed silica acts as a thickening, thixotropic and suspending agent in a variety of manufacturing applications. Fumed silica also reinforces plastic and elastomer matrices, enhances thermal conductivity of greases, and controls viscosity and water retention in numerous formulations.

The Global fumed silica market is estimated to be valued at US$ 1.42 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the fumed silica are Magna International Inc., Webasto Roof Systems Inc., Mitsuba Corporation, Inteva Products (Acquired by CIE Automotive), Johnan America Inc., Aisin Seiki Co. Ltd., ACS France SaS, Yachiyo Industry Co. Ltd., and Inafla Roof Systems. These players are focusing on expanding their global footprint through partnerships and capacity expansions in emerging markets including Asia Pacific and Latin America.

In terms of opportunities, growing paints & coatings and personal care industries in developing regions like Asia Pacific and Latin America are expected to generate high demand for fumed silica over the forecast period. Also, increasing penetration of fumed silica in unsaturated polyester resins and silicone rubber applications would present future growth avenues.

Globally, the Fumed Silica Market Growth is dominated by North America and Europe currently. However, Asia Pacific is projected to witness fastest growth during the forecast period on account of growing end-use industrial base and rising standard of living in emerging economies like China and India. Key players are expanding their presence in Asia Pacific through greenfield and acquisitions to tap the high growth opportunities in the region.

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