Lucintel’s latest market report analyzed that specialty silica provides attractive opportunities in the rubber, electronic component, agriculture, paint & coating, food & beverage, personal care & cosmetics markets. The Specialty silica market is expected to grow with a CAGR of 5% to 7%. In this market, precipitated silica is the largest segment by product type, whereas rubber is largest by application.
Download Brochure of this report by clicking on https://www.lucintel.com/specialty-silica-market.aspx Based on product type, the specialty silica market is segmented into precipitated, fused, fumed, gel, and colloidal. The precipitated silica segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to increasing demand of green tires, to minimize the fuel consumption.
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The Specialty Silica Market is marked by the presence of several big and small players. Some of the prominent players offering specialty silica include Evonik, Cabot, PPG Industries, Solvay SA, Imerys SA, AkzoNobel NV, and Ecolab.
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