Precipitated Silica Market Is Anticipated To Grow At A Cagr Of 7% To 9% From 2021 To 2026

By Author: Lucintel LLC
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The global precipitated silica market is projected to grow at a CAGR of 7% to 9% from 2021 to 2026. The growth of precipitated silica market is driven by growth in the automobile, rubber, agrochemical, and oral care industries.

Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global precipitated silica market by grade (rubber grade, food grade, and non-rubber grade), application (additives, free-flow and carrying agents, thickening agents, anti-caking agents, battery separators, and others), end use industry (rubber industry, agriculture, paints & coatings , adhesives & sealants, personal care & cosmetics, automobiles, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the precipitated silica market?
Q.4 What are some changing demands of customers in the precipitated silica market?
Q.5 What are the new developments in the precipitated ...
... silica market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this precipitated silica area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this precipitated silica market?

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Market Segmentation:
Based on end use industry, the precipitated silica market is segmented into rubber industry, agriculture, paints & coatings, adhesives & sealants, personal care & cosmetics, automobiles, electronics, and others. The automobile 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 use of precipitated silica in tires, hoses, tubes, gaskets & seals, and belts.
Asia Pacific will remain the largest region during the forecast period due to increasing automotive production, huge investment in construction and infrastructural development, rapid industrialization, and growing automotive industry.
Key Players in the precipitated silica market are Evonik Industries AG, Tata Chemicals, PPG Industries Inc., W.R. Grace & Co., PQ Corporation, Tosoh Silica Corporation, Solvay SA, Huber Engineered Materials, and Oriental Silica Corporation.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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