#Precipitated #Silica Market is projected to grow from USD 4.20 billion in 2024 to USD 5.90 billion by 2030, at a CAGR of 5.8% from 2024 to 2030. Browse 330 market data Tables and 48 Figures spread through 253 Pages and in-depth TOC on "Precipitated Silica Market" Download Full Report PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248726425 The rising demand for precipitated silica in different end-use applications like automotive, personal care, and consumer goods is a major market growth driver. The automotive sector, particularly in relation to vehicle tire production, is also driving the market as precipitated silica enhances tire performance by making tires more fuel-efficient, providing better grip, and lowering rolling resistance. Sustainability initiatives and green programs are advocating the usage of precipitated silica in various industries. Furthermore, increased research and development budgets with technological advancements help to make precipitated silica efficient and cost-effective, which, in turn, is becoming appropriate for various applications. Asia Pacificis estimated to be the largest region in the precipitated silica market in 2024. The Asia Pacific region led the global precipitated silica market because of its thriving automotive, tire, and industrial manufacturing sectors in China, India, and Japan. Quick urban growth and higher incomes have boosted car production increasing the need for high-performance tires that use precipitated silica to reinforce them. Also, the region's growing pharmaceutical personal care, and food industries have increased the demand for silica in toothpaste, cosmetics, and food additives. The availability of cheap labor plenty of raw materials, and helpful government policies has turned Asia Pacific into a global manufacturing center attracting big investments. Tough rules on emissions and fuel efficiency have sped up the move towards silica-based green tires pushing market growth even more. Ongoing infrastructure development and industrial expansion have also increased demand in paints, coatings, and adhesives uses. With continued industrialization and economic growth, Asia Pacific will keep its market lead in the years to come. Evonik Industries AG (Germany), QEMETICA (Poland), Solvay (Belgium), Madhu Silica Pvt. Ltd. (India), Oriental Silicas Corporation (Taiwan), W.R. Grace & Co (Peru), Tosoh Silica Corporation (Japan), Tata Chemicals Ltd. (India), Anten Chemical Co., Ltd. (China), PQ Corporation (US), IQE Group (Spain), Glassven C.A. (Venezuela), Supersil Chemicals (I) Pvt. Ltd. (India), MLA Group (India), Fuji Silysia Chemical Limited (Japan) are the key players in precipitated silica market. Don’t miss out on business opportunities in Precipitated Silica Market. Speak to our analyst and gain crucial industry insights that will help your business grow. Read More Context at https://www.marketsandmarkets.com/Market-Reports/precipitated-silica-market-248726425.html #business