Fumed Silica Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028

Published : Nov-2018
Tables : 21
Figures : 62
Category : Chemical & Materials
No. of Pages : 170
Report Code : FACT2301MR
Format :

Key Insights

Evonik Industries Maintains its Lead in Fumed Silica Market, Cabot Corp and Wacker Chemie AG Follow Suit

Evonik Industries AG, a German manufacturer of fumed silica, accounts for nearly one-third market share. Evonik is investing heavily in expanding its fumed silica capacities worldwide to establish a strong presence in the international markets.

Evonik recently announced its plans to expand its fumed silica capacities in Antwerp, Belgium to be in line with its strategy to solidify its position in the European fumed silica market. The company also revealed its plan to expand its hydrophobic fumed silica production in Rheinfelden, Germany by 20% in response to burgeoning demand for specialty silica varieties.

Evonik also announced that it has agreed to form a joint venture with a Chinese chemical company – the Wynca group; the new facility planned in China is projected to manufacture 8,000 metric tons of fumed silica annually.

Other leading manufacturers in the fumed silica market, such as Cabot Corp and Wacker Chemie AG collectively hold over 40% revenue share in the market. Captive consumption of fumed silica is likely to continue complementing the incremental growth of top manufacturers in the fumed silica market.

Fumed Silica Market Remains Highly Consolidated as Tier III Companies Hold Less Than 10% Market Share

Stringent regulatory framework, challenges associated with the availability of raw materials, and cyclic behavior of end-use industries present major barriers to entry for small and medium-scale businesses in the fumed silica market. Tier III manufacturers are facing major challenges at raw material procurement as leading firms are controlling supply chain operations in the fumed silica market.

Furthermore, ensuring product regulatory compliance results in additional manufacturing costs and delayed market entry, which is making it challenging for new entrants in the fumed silica market to maintain competitive prices. In addition, top players in the fumed silica market account for the largest market share through captive consumption of fumed silica. This is making fumed silica market highly concentrated among top market players and Tier III fumed silica companies account for less than 10% revenue share of the market.

Ongoing US-China Trade War Makes a Significant Impact on China’s Growth in the Fumed Silica Market

The full-blown trade war between the U.S. and China, the world’s two largest markets for fumed silica, is influencing the prospects of the global market for fumed silica as many industrial applications of fumed silica, including adhesives, bore a significant impact.

China’s retaliation to the U.S. plans to take the trade war to a fever pitch has resulted in Chinese government levying heavy tariffs on U.S.-made products, including adhesives, which is one of the most common applications of fumed silica. Additionally, U.S. tariffs on Chinese aluminum and steel products have facilitated a shift from metal to composite/plastic in motor vehicle manufacturing, which is making a huge, albeit indirect, impact on the demand for adhesives.

As the U.S. holds a substantial share in China’s imports of adhesives, the effect of potential tariff escalation on U.S. adhesives and sealants may impinge on the U.S. fumed silica market growth in the upcoming years.

Growing Applications of Fumed Silica in Silicone Rubber Create Potential for Demand Upsurge

The silicone rubber industry is witnessing extensive growth as it finds versatile applications in various industrial sectors, such as sports, automotive, healthcare, and medical appliances. Manufacturers in the fumed silica market are aiming to capitalize on the increasing growth of the silicone rubber industry, by improving characteristics of silicone rubber, such as chemical inertness, purity, and high durability with the use of fumed silica.

By adopting advanced manufacturing technologies, players in the fumed silica market are exhibiting superior characteristics of fumed silica that can further enhance mechanical properties, tear resistance, and tensile strength of silicone rubber. Fumed silica market players are recognizing the growth potential of the silicone rubber industry and modifying their manufacturing strategies to capture lucrative sales opportunities in the coming future.

Market Players Focus on Capturing Untapped Opportunities in the Paints & Coatings Industry

Growing demand for decorative coatings and burgeoning construction activities worldwide are contributing to the incremental growth of the paints & coatings industry. Soaring popularity of fumed silica in the paints & coatings industry as an anti-setting and thixotropic agent to control rheological characteristics is creating new avenues of growth for fumed silica market players in the industry.

Leading manufacturers in the fumed silica market are modifying their manufacturing procedures and adopting advanced technologies to introduce fumed silica that can enhance the setting characteristics of pigments in paints & coatings. By adopting innovative manufacturing processes that can improve properties of fumed silica and improve the productivity of business, market leaders are aiming to capitalize of the rapidly-growing fumed silica market.

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Competitive Landscape

The fumed silica market report covers profiles of key participants to cover important aspects of competitive environment in the fumed silica market. Thorough and insightful information about market players, including key financials, and product portfolio, along with information about new technologies adopted and new product launches by market players, is covered in the fumed silica market report.

Market players featured in the report include Cabot Corp, Evonik Industries AG, Wacker Chemie AG, DowDuPont Inc., Tokuyama Corporation, OCI Company Ltd., Orisil, Kemitura A/S, Chiefeng Shengsen Silicon Technology Development Co., Ltd, Gelest Inc., and Henan Xunyu Chemical Co., Ltd.

Key Developments

A mounting number of players in the fumed silica market are eyeing the lucrative opportunities in the Chinese market for fumed silica, which is outpacing the growth of other regional markets.

Cabot Corp formed a joint venture with Inner Mongolia Hengyecheng Silicone Co., Ltd. increase fumed silica production in China. The companies have invested over US$ 60 million in the new fumed silica production capacity to establish a strong position in the rapidly expanding market for fumed silica in China. The Cobot Corp has also invested over US$ 80 million in its new fumed silica capacity in Kentucky, USA, which is adjacent to silicone monomers plant of Dow Corning, an American supplier of silicone products.

Another popular trend in the fumed silica market is that a majority of market players, such as Wacker Chemie AG, Evonik Industries AG, and Cabot Corp., have increased the prices of fumed silica due to a rise in raw materials and transportation prices.

Note: For full coverage of the competitive landscape, get in touch with our experts.

Definition

Fumed silica is prepared through a chemical reaction that involved burning Silicon tetrachloride or tetrachlorosilane (SiCl₄) in hydrogen-oxygen flames, which ends in producing the smoke of SiO₂. Fumed silica is also called pyrogenic silica and it is commonly used in a variety of industrial applications such as silicone rubber, paints & coating, adhesives, and unsaturated polyester resins.

About the Report

The Fact.MR study features insightful information about critical dynamics of the fumed silica market to help readers to fathom current growth parameters and future prospects of the fumed silica market. This study is a seamless presentation of unique insights on how the fumed silica market will grow during 2018-2028 along with the prediction of market growth in terms of market size (US$ million) and market volume (tons).

Segmentation

The information about the growth prospects of the fumed silica market is broadly segmented according to geographical regions, product types, and applications of fumed silica. Based on the growth parameters of the fumed silica market in various geographical regions, the growth prospects of the fumed silica market are segmented into seven regions – North America, Latin America and Middle East & Africa (LAMEA), Europe, China, India, Japan, and South East Asia and Pacific.

According to product types of fumed silica, the fumed silica market is segmented into two categories – hydrophilic and hydrophobic. Based on the applications of fumed silica, growth prospects of the fumed silica market are segmented into five major applications – silicone rubber, paints & coatings, unsaturated polyester resins, adhesives & sealant, and healthcare & personal care.

Additional Questions Answered

Information presented in the Fact.MR report on fumed silica market can help market players to understand the growth prospects of the market. With the help of this information, market players can plan their upcoming business strategies, which can lead to them gain competitive advantages in the fumed silica market.

The report answers numerous market-related questions for market players, which can help them to make well-informed and critical decisions to strengthen their position in the fumed silica market in the upcoming years. Some of the important questions about the fumed silica market that are answered in the report are:

What impact do the statistics of the global chemical sales have on the growth of the fumed silica market?
What are the winning strategies of manufacturers in the fumed silica markets in developed regions?
Why are most market players preferring to invest in the European fumed silica market?
How will the political status quo in emerging economies impact growth of the fumed silica market?
Why are most companies shifting their focus away from hydrophilic fumed silica to hydrophobic fumed silica from?

Research Methodology

A holistic approach and unique methodology is followed while conducting a thorough research about the fumed silica market to conclude the growth prospects of the market during 2018-2028. Accurate conclusions about the future growth of the fumed silica market mentioned in the report are drawn by carrying out secondary and primary research on the current growth avenues in the fumed silica market.

Historical and recent data obtained at the end of the comprehensive secondary research about the fumed silica market is combined with the information gained through primary market research, which involves all the leading stakeholders, including manufacturers and distributors, in the fumed silica market.

Fact.MR ensures the reliability of all the conclusions and insights about the growth prospects of the fumed silica market mentioned in the report.

Note: Request methodology.

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy

3. Fumed Silica Market Background
3.1. Macro-Economic Factors
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Trends
3.3. Porters Analysis
3.4. Value Chain Analysis
3.5. Forecast Factors – Relevance & Impact
3.6. Manufacturing Process Overview

4. Global Fumed Silica Market Analysis and Forecast
4.1. Market Volume Projections
4.2. Pricing Analysis
4.3. Market Size Projections

5. Global Fumed Silica Market Analysis and Forecast, by Product Type
5.1. Introduction
5.2. Historical Market Size (US$ Mn) and Volume By Product Type, 2013–2017
5.3. Market Size (US$ Mn) and Volume Forecast By Product Type, 2018-2028
5.3.1. Hydrophilic
5.3.2. Hydrophobic

6. Global Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028, by Application
6.1. Introduction
6.2. Historical Market Size (US$ Mn) and Volume By Application, 2013–2017
6.3. Market Size (US$ Mn) and Volume Forecast By Application, 2018-2028
6.3.1. Silicone Rubber
6.3.2. Paint & Coatings
6.3.3. Unsaturated Polyester Resins
6.3.4. Adhesives & sealant
6.3.5. Healthcare & Personal care
6.3.6. Others

7. Global Fumed Silica Market Analysis and Forecast, By Region
7.1. Introduction
7.2. Historical Market Size (US$ Mn) and Volume By Region, 2013–2017
7.3. Market Size (US$ Mn) and Volume Forecast By Region, 2018-2028
7.3.1. North America
7.3.2. LAMEA
7.3.3. Europe
7.3.4. China
7.3.5. India
7.3.6. Japan
7.3.7. South East Asia And Pacific

8. North America Fumed Silica Market Analysis and Forecast
8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
8.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
8.3.1. By Country
8.3.1.1. U.S.
8.3.1.2. Canada
8.3.2. By Product Type
8.3.3. By Application
8.3.4. By Application

9. LAMEA Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028
9.1. Introduction
9.2. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
9.3. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
9.3.1. By Region
9.3.1.1. Latin America
9.3.1.2. Middle East & Africa
9.3.2. By Product Type
9.3.3. By Application

10. Europe Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028
10.1.Introduction
10.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
10.3.Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
10.3.1. By Country
10.3.1.1. Germany
10.3.1.2. United Kingdom
10.3.1.3. France
10.3.1.4. Italy
10.3.1.5. Spain
10.3.1.6. Russia
10.3.1.7. Poland
10.3.1.8. Rest of Europe
10.3.2. By Product Type
10.3.3. By Application

11. South East Asia & Pacific Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028
11.1.Introduction
11.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
11.3.Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
11.3.1. By Country
11.3.1.1. South Korea
11.3.1.2. Taiwan
11.3.1.3. ASEAN
11.3.1.4. Rest of the Countries
11.3.2. By Product Type
11.3.3. By Application

12. China Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028
12.1.Introduction
12.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
12.3.Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
12.3.1. By Product Type
12.3.2. By Application
12.3.3. By Application

13. India Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028
13.1.Introduction
13.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
13.3.Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
13.3.1. By Product Type
13.3.2. By Application

14. Japan Fumed Silica Market Analysis 2013–2017 and Forecast 2018–2028
14.1.Introduction
14.2.Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
14.3.Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2028
14.3.1. By Product Type
14.3.2. By Application
14.3.3. By Application

15. Competition Analysis
15.1.Market Structure
15.2.Competition Dashboard
15.3.Company Profiles
15.3.1. Cabot Corp
15.3.2. Evonik Industries AG
15.3.3. Wacker Chemie AG
15.3.4. DowDuPont Inc.,
15.3.5. Tokuyama Corporation
15.3.6. OCI Company Ltd.
15.3.7. Orisil
15.3.8. Kemitura A/S
15.3.9. Chiefeng Shengsen Silicon Technology Development Co., Ltd
15.3.10. Gelest Inc.
15.3.11. Henan Xunyu Chemical Co., Ltd

16. Research Methodology

17. Assumption & Acronyms

Table 01: Global Fumed Silica Market Value (US$ Mn) and Volume (MT) by Type, 2013–2028
Table 02: Global Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2012–2027
Table 03: Global Fumed Silica Market Value (US$ Mn) and Volume (MT) by Region, 2012–2027
Table 04: North America Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 05: North America Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2013–2028
Table 06: North America Silicon Tetrachloride Derivatives Market Value (US$ Mn) and Volume (MT) by Fumed Silica, 2013–2028
Table 07: LAMEA Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 08: LAMEA Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2013–2028
Table 09: LAMEA Fumed Silica Market Value (US$ Mn) and Volume (MT) by Fumed Silica, 2013–2028
Table 10: Europe Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 11: Europe Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2013–2028
Table 12: Europe Fumed Silica Market Value (US$ Mn) and Volume (MT) by Country, 2013–2028
Table 13: SEA & Pacific Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 14: SEA & Pacific Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2013–2028
Table 15: SEA & Pacific Fumed Silica Market Value (US$ Mn) and Volume (MT) by Country , 2013–2028
Table 16: China Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 17: China Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2013–2028
Table 18: India Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 19: India Fumed Silica Market Value (US$ Mn) and Volume (MT) by Fumed Silica, 2013–2028
Table 20: Japan Fumed Silica Market Value (US$ Mn) and Volume (MT) by Product Type , 2013–2028
Table 21: Japan Fumed Silica Market Value (US$ Mn) and Volume (MT) by Application, 2013–2028

Figure 01: Global Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 02: Global Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 03: Global Fumed Silica Market Absolute $ Opportunity by Hydrophilic Segment, 2017 – 2028
Figure 04: Global Fumed Silica Market Absolute $ Opportunity by Hydrophobic Segment, 2017 – 2028
Figure 05: Global Fumed Silica Market Share and BPS Analysis by Application, 2013, 2018 & 2028
Figure 06: Global Fumed Silica Market Attractiveness Analysis, by Application, 2018–2028
Figure 07: Global Fumed Silica Market Absolute $ Opportunity by Silicone Rubber Segment, 2017 – 2028
Figure 08: Global Fumed Silica Market Absolute $ Opportunity by Paints & Coatings Segment, 2017 – 2028
Figure 09: Global Fumed Silica Market Absolute $ Opportunity by Unsaturated Polyester Resins Segment, 2017 – 2028
Figure 10: Global Fumed Silica Market Absolute $ Opportunity by Adhesives & Sealants Segment, 2017 – 2028
Figure 11: Global Fumed Silica Market Absolute $ Opportunity by Healthcare & Personal Care Segment, 2017 – 2028
Figure 12: Global Fumed Silica Market Absolute $ Opportunity by Others Segment, 2017 – 2028
Figure 13: Global Fumed Silica Market Share and BPS Analysis by Region, 2013, 2018 & 2028
Figure 14: Global Fumed Silica Market Attractiveness Analysis, by Region, 2018–2028
Figure 15: Global Fumed Silica Market Absolute $ Opportunity (US$ Mn), 2018 – 2028 by Region
Figure 16: North America Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 17: North America Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 18: North America Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 19: North America Fumed Silica Market Share and BPS Analysis by Application, 2013, 2018 & 2028
Figure 20: North America Fumed Silica Market Attractiveness Analysis, by Application, 2018–2028
Figure 21: North America Fumed Silica Market Share and BPS Analysis by Country, 2013, 2018 & 2028
Figure 22: North America Fumed Silica Market Attractiveness Analysis, by Country, 2018–2028
Figure 23: North America Market Absolute $ Opportunity (US$ Mn), 2017 – 2028 by Country
Figure 24: LAMEA Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 25: LAMEA Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 26: LAMEA Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 27: LAMEA Fumed Silica Market Share and BPS Analysis by Application– 2013, 2018 & 2028
Figure 28: LAMEA Fumed Silica Market Attractiveness Analysis by Application, 2018–2028
Figure 29: LAMEA Fumed Silica Market Share and BPS Analysis by Region – 2013, 2018 & 2028
Figure 30: LAMEA Fumed Silica Market Attractiveness Analysis by Region, 2018–2028
Figure 31: LAMEA Fumed Silica Market Absolute $ Opportunity (US$ Mn), 2018 – 2028 by Country
Figure 32: Europe Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 33: Europe Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 34: Europe Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 35: Europe Fumed Silica Market Share and BPS Analysis by Application – 2013, 2018 & 2028
Figure 36: Europe Fumed Silica Market Attractiveness Analysis by Application, 2018–2028
Figure 37: Europe Fumed Silica Market Share and BPS Analysis by Fumed Silica – 2013, 2018 & 2028
Figure 38: Europe Fumed Silica Market Attractiveness Analysis by Fumed Silica, 2018–2028
Figure 39: Europe Fumed Silica Market Absolute $ Opportunity (US$ Mn), 2018 – 2028 by Country
Figure 40: SEA & Pacific Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 41: SEA & Pacific Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 42: SEA & Pacific Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 43: SEA & Pacific Fumed Silica Market Share and BPS Analysis by Application, 2013, 2018 & 2028
Figure 44: SEA & Pacific Fumed Silica Market Attractiveness Analysis, by Application, 2018–2028
Figure 45: SEA & Pacific Fumed Silica Market Share and BPS Analysis by Country– 2013, 2018 & 2028
Figure 46: SEA & Pacific Fumed Silica Market Attractiveness Analysis by Country, 2018–2028
Figure 47: SEA & Pacific Fumed Silica Market Absolute $ Opportunity (US$ Mn), 2018 – 2028 by Country
Figure 48: China Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 49: China Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 50: China Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 51: China Fumed Silica Market Share and BPS Analysis by Application– 2013, 2018 & 2028
Figure 52: China Fumed Silica Market Attractiveness Analysis by Application, 2018–2028
Figure 53: India Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 54: India Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 55: India Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 56: India Fumed Silica Market Share and BPS Analysis by Application– 2013, 2018 & 2028
Figure 57: India Fumed Silica Market Attractiveness Analysis by Application, 2018–2028
Figure 58: Japan Fumed Silica Market Share and BPS Analysis by Product Type, 2013, 2018 & 2028
Figure 59: Japan Fumed Silica Market Attractiveness Analysis, by Product Type, 2018–2028
Figure 60: Japan Fumed Silica Y-o-Y growth (%) Analysis by Product Type, 2017 – 2028
Figure 61: Japan Fumed Silica Market Share and BPS Analysis by Fumed Silica – 2013, 2018 & 2028
Figure 62: Japan Fumed Silica Market Attractiveness Analysis by Fumed Silica, 2018–2028