Colloidal Silica Industry Analysis in East Asia

Study on Colloidal Silica in East Asia by Acidic and Alkaline Formulation for Catalysts, Electronics, Construction, Coatings, Refractories, and Investment Castings from 2023 to 2033

Analysis of Colloidal Silica Industry Covering Countries Includes Analysis of China, Japan, and South Korea

Colloidal Silica Sales Outlook for East Asia (2023 to 2033)

According to this latest research report published by Fact.MR, revenue from the sales of colloidal silica in East Asia is estimated at US$ 240.8 million in 2023. The market is projected to expand at a CAGR of 5.3% and reach US$ 402.4 million by the end of 2033.

Colloidal silica is one of the rapidly expanding and dynamic sectors of the chemical & materials` Industry. It finds application in multiple sectors, including construction, electronics, pharmaceuticals, textiles, and many more. The rising use of colloidal silica is attributed to its adoption as a versatile material.

Among numerous other industries, colloidal silica is used at a steady rate in electronics for the planarization and polishing of silicon wafers. In addition, it also finds application in the production of some advanced materials for display manufacturing and semiconductors.

In the construction industry, colloidal silica use is widespread in high-performance cement and concrete to reduce carbon emissions and improve durability. Colloidal silica is also used in numerous other sectors, including coatings, textiles, automotive, and refractories.

Report Attributes Details
Colloidal Silica Sales in East Asia (2023E) US$ 240.8 Million
Projected Sales (2033F) US$ 402.4 Million
Demand Growth (2023 to 2033) 5.3% CAGR
Sales in China (2033F) US$ 282.5 Million
Sales in Japan (2023E) US$ 56.6 Million
Demand Volume in South Korea (2023E) 14,405.6 Million Metric Tons
Key Companies Profiled
  • Nissan Chemical Corporation
  • Qingdao Haiyang Chemical Co., Ltd.
  • Jinan Yinfeng Silicon Products Co., Ltd.
  • Fuso Chemical Co., Ltd.
  • Guandong Well-Sillicasol Co., Ltd.
  • ADEKA Corporation

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What’s Contributing to Steady Demand Growth for Colloidal Silica in East Asia?

“Infrastructural Development and Urbanization Leading to Increased Use of High-Strength Construction Materials”

East Asia is undergoing one of the pivotal waves of urbanization. The migration of numerous people from rural areas to urban cities is predicted to create pressing requirements for infrastructure development that include the construction of commercial complexes, public facilities, transportation networks, and residential buildings.

With the growing population in various urban areas, a steady increase in the demand for construction materials is experienced to match the environmental and structural challenges of urbanization.

Colloidal silica is used as a critical component in the manufacturing of high-strength concrete. It is essential for long-span bridges, tall buildings, and similar structures that resist environmental stresses and support heavy loads. Colloidal silica functions as a pozzolan that reacts with calcium hydroxide for the formation of additional compounds within concrete. It is predicted to result in a stronger, denser, and more durable concrete matrix.

Adoption of colloidal silica in high-strength concrete is anticipated to enhance its durability and flexural strength. It also reduces compressive strength to make it more resistant to chemical and moisture corrosion.

Country-wise Insights

What’s Benefitting Manufacturers of Colloidal Silica in China?

“Rising Adoption of Colloidal Silica for Development of Infrastructure and Construction and Advanced Materials”

Attribute China
Market Value (2023E) US$ 163.2 Million
Growth Rate (2023 to 2033) 5.6% CAGR
Projected Value (2033F) US$ 282.5 Million

China, as one of the rapidly expanding economies, in East Asia is one of the prominent consumers and manufacturers of colloidal silica. Significant infrastructure development and urbanization are predicted to stimulate demand for high-quality construction materials. Colloidal silica is utilized for the enhancement of properties of cement and concrete, making them more durable, sustainable, and stronger.

Increasing investment in the construction of bridges, transportation networks, and skyscrapers is anticipated to propel demand for colloidal silica in the construction sector. ­

A pivotal amount is invested in China in the development of advanced materials to gain a competitive edge in numerous sectors, including automotive, aerospace, and precision optics. Colloidal silica is used in the manufacturing of advanced materials while offering precise control of material properties. The traction for colloidal silica is rising in industries that need high-quality materials and components.

How are Sales of Colloidal Silica Being Influenced in Japan?

“Presence of Highly Advanced Semiconductor and Electronic Sectors”

Attribute Japan
Market Value (2023E) US$ 56.6 Million
Growth Rate (2023 to 2033) 4.2% CAGR
Projected Value (2033F) US$ 85.8 Million

Demand for colloidal silica in Japan is influenced by numerous factors, driven by the advanced technological and industrial landscape. Presence of highly advanced electronics and semiconductor sectors in the country is projected to open up lucrative opportunities for players.

Colloidal silica is adopted as one of the essential compounds in the semiconductor manufacturing procedure for the planarization and polishing of silicon wafers. Constant development and innovation of cutting-edge electronic devices are forecasted to cushion demand for colloidal silica. It is used in the production of high-quality microchips and integrated circuits.

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Category-wise Insights

What are the Projections for the Alkaline Form of Colloidal Silica?

“Excellent Stability and Control of Alkaline Colloidal Silica Fueling Demand”

Attribute Alkaline
Segment Value (2023E) US$ 141.7 Million
Growth Rate (2023 to 2033) 5.6% CAGR
Projected Value (2033F) US$ 245 Million

East Asia is one of the prominent hubs of numerous industrial sectors, including automotive, precision manufacturing, and various others. The alkaline form of colloidal silica is extensively used in the abovementioned sectors for investment casting, precision casting, and a binder in foundry use. Excellent stability and control of colloidal silica in the casting process is predicted to result in increased production of high-quality components.

Which End-use Application of Colloidal Silica is More Rewarding for Companies?

“High Share of Colloidal Silica Demand Coming for Use in Investment Castings”

Attribute Investment Castings
Segment Value (2023E) US$ 74.4 Million
Growth Rate (2023 to 2033) 6% CAGR
Projected Value (2033F) US$ 133.5 Million

Investment casting is a highly versatile and precise method adopted for the production of intricate and complex components. It is employed extensively in multiple industrial sectors, including automotive, machinery manufacturing, and aerospace.

East Asia is one of the prominent centers of a rapidly growing and robust industrial sector, with increased concentration on the production of high-precision components. Moreover, the demand for colloidal silica is increasing in investment casting parallel to the expansion of the abovementioned industries.

Leading Market Players

Nissan Chemical Corporation, Qingdao Haiyang Chemical Co., Ltd., Jinan Yinfeng Silicon Products Co., Ltd., Fuso Chemical Co., Ltd., Guandong Well-Sillicasol Co., Ltd., and ADEKA Corporation are some prominent suppliers of colloidal silica in East Asia. They are adopting different strategies for new development, ensuring quality control, maintaining supply chain management, etc., as per the study published by Fact.MR, a market research and competitive intelligence provider.

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Segmentation of Colloidal Silica Study in East Asia

  • By Formulation :

    • Alkaline
    • Acidic
  • By Application :

    • Catalysts
    • Electronics
    • Coatings
    • Construction
    • Refractories
    • Investment Castings
  • By Particle Size :

    • Up to 50 nm
    • 51 to 100 nm
    • Above 100 nm
  • By Country :

    • China
    • Japan
    • South Korea

Table of Content

1. East Asia Industry - Executive Summary

    1.1. East Asia Industry Overview

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Fact.MR Analysis and Recommendations

2. East Asia Industry Overview

    2.1. Industry Coverage / Taxonomy

    2.2. Industry Introduction and Definition

3. Industry Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on Colloidal Silica

        3.1.2. COVID-19 Crisis and Impact

        3.1.3. COVID-19 Impact Benchmark with Previous Crisis

            3.1.3.1. Change in Demand

            3.1.3.2. Before and After COVID-19 Crisis (Projected)

            3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.3.4. Change in Demand Post-Recovery Period (After Each Crisis)

        3.1.4. Impact on Industry and Value (US$ Mn)

            3.1.4.1. Likely Loss of Value in 2022

            3.1.4.2. Mid-term and Long-term Forecasts

            3.1.4.3. Quarter by Quarter Demand and Recovery Assessment

        3.1.5. Anticipated Demand and Value Recovery Curve

            3.1.5.1. Likelihood of U-Shape Recovery

            3.1.5.2. Likelihood of L-Shape Recovery

        3.1.6. Recovery Period Assessment by Key Countries

        3.1.7. Recovery Assessment by Key Industry Segments

        3.1.8. Action Points and Recommendations for Suppliers

        3.1.9. Impact on Trade Balance

    3.2. Key Trends Impacting the Industry

    3.3. Formulation and Source Development Trends

4. Industry Background and Data Points

    4.1. Need of the Hour for Industries

    4.2. Industry Wise Industry 4.0

    4.3. Strategic Priorities

    4.4. Life Cycle Stage

    4.5. Importance of Technology

    4.6. Use Cases of Colloidal Silica

    4.7. Forecast Factors: Relevance and Impact

    4.8. Investment Feasibility Matrix

    4.9. PESTLE Analysis

    4.10. Porter’s Five Forces Analysis

    4.11. Industry Dynamics

        4.11.1. Drivers

        4.11.2. Restraints

        4.11.3. Opportunity Analysis

        4.11.4. Trend

5. East Asia Industry Analysis 2018 to 2022 and Forecast, 2023 to 2033

    5.1. Historical Industry Value (US$ Mn) Analysis, 2018 to 2022

    5.2. Current and Future Industry Value (US$ Mn) Projections, 2023 to 2033

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. East Asia Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, By Formulation

    6.1. Introduction / Key Findings

    6.2. Historical Industry Value (US$ Mn) Analysis By Formulation, 2018 to 2022

    6.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Formulation, 2023 to 2033

        6.3.1. Alkaline

        6.3.2. Acidic

    6.4. Industry Attractiveness Analysis By Formulation

7. East Asia Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, by Particle Size

    7.1. Introduction / Key Findings

    7.2. Historical Industry Value (US$ Mn) Analysis By Particle Size, 2018 to 2022

    7.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Particle Size, 2023 to 2033

        7.3.1. Up to 50 nm

        7.3.2. 51 to 100 nm

        7.3.3. Above 100 nm

    7.4. Industry Attractiveness Analysis By Particle Size

8. East Asia Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application

    8.1. Introduction / Key Findings

    8.2. Historical Industry Value (US$ Mn) Analysis By Application, 2018 to 2022

    8.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Application, 2023 to 2033

        8.3.1. Catalysts

        8.3.2. Electronics

        8.3.3. Coatings

        8.3.4. Construction

        8.3.5. Refractories

        8.3.6. Investment Castings

    8.4. Industry Attractiveness Analysis By Application

9. East Asia Industry Analysis 2018 to 2022 and Forecast 2023 to 2033, by Country

    9.1. Introduction / Key Findings

    9.2. Historical Industry Value (US$ Mn) Analysis By Country, 2018 to 2022

    9.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Country, 2023 to 2033

        9.3.1. China

        9.3.2. Japan

        9.3.3. South Korea

    9.4. Industry Attractiveness Analysis By Country

10. China Industry Analysis 2018 to 2022 and Forecast 2023 to 2033

    10.1. Introduction / Key Findings

    10.2. Historical Industry Value (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2022

    10.3. Industry Value (US$ Mn) Forecast By Industry Taxonomy, 2023 to 2033

        10.3.1. By Formulation

        10.3.2. By Particle Size

        10.3.3. By Application

    10.4. Industry Attractiveness Analysis

        10.4.1. By Formulation

        10.4.2. By Particle Size

        10.4.3. By Application

11. Japan Industry Analysis 2018 to 2022 and Forecast 2023 to 2033

    11.1. Introduction / Key Findings

    11.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2022

    11.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2023 to 2033

        11.3.1. By Formulation

        11.3.2. By Particle Size

        11.3.3. By Application

    11.4. Industry Attractiveness Analysis

        11.4.1. By Formulation

        11.4.2. By Particle Size

        11.4.3. By Application

12. South Korea Industry Analysis 2018 to 2022 and Forecast 2023 to 2033

    12.1. Introduction / Key Findings

    12.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2022

    12.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2023 to 2033

        12.3.1. By Formulation

        12.3.2. By Particle Size

        12.3.3. By Application

    12.4. Industry Attractiveness Analysis

        12.4.1. By Formulation

        12.4.2. By Particle Size

        12.4.3. By Application

13. Industry Structure Analysis

    13.1. Industry Analysis by Tier of Companies

    13.2. Industry Concentration

    13.3. Industry Share Analysis of Top Players

    13.4. Industry Presence Analysis

14. Competition Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Competition Deep Dive

        14.3.1. Nissan Chemical Corporation

            14.3.1.1. Company Overview

            14.3.1.2. Source overview

            14.3.1.3. SWOT Analysis

            14.3.1.4. Key Developments

        14.3.2. Qingdao Haiyang Chemical Co., Ltd.

            14.3.2.1. Company Overview

            14.3.2.2. Source overview

            14.3.2.3. SWOT Analysis

            14.3.2.4. Key Developments

        14.3.3. Jinan Yinfeng Silicon Products Co., Ltd.

            14.3.3.1. Company Overview

            14.3.3.2. Source overview

            14.3.3.3. SWOT Analysis

            14.3.3.4. Key Developments

        14.3.4. Fuso Chemical Co., Ltd.

            14.3.4.1. Company Overview

            14.3.4.2. Source overview

            14.3.4.3. SWOT Analysis

            14.3.4.4. Key Developments

        14.3.5. Guandong Well-Sillicasol Co., Ltd.

            14.3.5.1. Company Overview

            14.3.5.2. Source overview

            14.3.5.3. SWOT Analysis

            14.3.5.4. Key Developments

        14.3.6. ADEKA Corporation

            14.3.6.1. Company Overview

            14.3.6.2. Source overview

            14.3.6.3. SWOT Analysis

            14.3.6.4. Key Developments

15. Assumptions and Acronyms Used

16. Research Methodology

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List Of Table

Table 01: East Asia Industry Value (US$ Mn) Analysis, by Formulation, 2018 to 2022

Table 02: East Asia Industry Value (US$ Mn) Analysis, by Formulation, 2023 to 2033

Table 03: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Formulation, 2023 to 2033

Table 04: East Asia Industry Value (US$ Mn) Analysis, by Particle Size, 2018 to 2022

Table 05: East Asia Industry Value (US$ Mn) Analysis, by Particle Size, 2023 to 2033

Table 06: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Particle Size, 2023 to 2033

Table 07: East Asia Industry Value (US$ Mn) Analysis, by Application, 2018 to 2022

Table 08: East Asia Industry Value (US$ Mn) Analysis, by Application, 2023 to 2033

Table 09: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033

Table 10: East Asia Industry Value (US$ Mn) Analysis, by Country, 2018 to 2022

Table 11: East Asia Industry Value (US$ Mn) Analysis, by Country, 2023 to 2033

Table 12: East Asia Industry Value (US$ Mn) Opportunity Analysis, by Country, 2023 to 2033

Table 13: China Industry Value (US$ Mn) Analysis, by Formulation, 2018 to 2022

Table 14: China Industry Value (US$ Mn) Analysis, by Formulation, 2023 to 2033

Table 15: China Industry Value (US$ Mn) Opportunity Analysis, by Formulation, 2023 to 2033

Table 16: China Industry Value (US$ Mn) Analysis, by Particle Size, 2018 to 2022

Table 17: China Industry Value (US$ Mn) Analysis, by Particle Size, 2023 to 2033

Table 18: China Industry Value (US$ Mn) Opportunity Analysis, by Particle Size, 2023 to 2033

Table 19: China Industry Value (US$ Mn) Analysis, by Application, 2018 to 2022

Table 20: China Industry Value (US$ Mn) Analysis, by Application, 2023 to 2033

Table 21: China Industry Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033

Table 22: Japan Industry Value (US$ Mn) Analysis, by Formulation, 2018 to 2022

Table 23: Japan Industry Value (US$ Mn) Analysis, by Formulation, 2023 to 2033

Table 24: Japan Industry Value (US$ Mn) Opportunity Analysis, by Formulation, 2023 to 2033

Table 25: Japan Industry Value (US$ Mn) Analysis, by Particle Size, 2018 to 2022

Table 26: Japan Industry Value (US$ Mn) Analysis, by Particle Size, 2023 to 2033

Table 27: Japan Industry Value (US$ Mn) Opportunity Analysis, by Particle Size, 2023 to 2033

Table 28: Japan Industry Value (US$ Mn) Analysis, by Application, 2018 to 2022

Table 29: Japan Industry Value (US$ Mn) Analysis, by Application, 2023 to 2033

Table 30: Japan Industry Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033

Table 31: South Korea Industry Value (US$ Mn) Analysis, by Formulation, 2018 to 2022

Table 32: South Korea Industry Value (US$ Mn) Analysis, by Formulation, 2023 to 2033

Table 33: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Formulation, 2023 to 2033

Table 34: South Korea Industry Value (US$ Mn) Analysis, by Particle Size, 2018 to 2022

Table 35: South Korea Industry Value (US$ Mn) Analysis, by Particle Size, 2023 to 2033

Table 36: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Particle Size, 2023 to 2033

Table 37: South Korea Industry Value (US$ Mn) Analysis, by Application, 2018 to 2022

Table 38: South Korea Industry Value (US$ Mn) Analysis, by Application, 2023 to 2033

Table 39: South Korea Industry Value (US$ Mn) Opportunity Analysis, by Application, 2023 to 2033

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List Of Figures

Figure 01: East Asia Industry Value (US$ Mn) Historical Analysis, 2018 to 2022

Figure 02: East Asia Industry Value (US$ Mn) Forecast and Analysis, 2023 to 2033

Figure 03: East Asia Industry Value Y-o-Y Growth and Forecast, 2018 to 2033

Figure 04: East Asia Industry Incremental $ Opportunity, 2023 to 2033

Figure 05: East Asia Industry Share and BPS Analysis by Formulation, 2023 & 2033

Figure 06: East Asia Industry Y-o-Y Growth Projections by Formulation, 2023 to 2033

Figure 07: East Asia Industry Attractiveness Analysis by Formulation, 2023 to 2033

Figure 08: East Asia Industry Share and BPS Analysis by Particle Size, 2023 & 2033

Figure 09: East Asia Industry Y-o-Y Growth Projections by Particle Size, 2023 to 2033

Figure 10: East Asia Industry Attractiveness Analysis by Particle Size, 2023 to 2033

Figure 11: East Asia Industry Share and BPS Analysis by Application, 2023 & 2033

Figure 12: East Asia Industry Y-o-Y Growth Projections by Application, 2023 to 2033

Figure 13: East Asia Industry Attractiveness Analysis by Application, 2023 to 2033

Figure 14: East Asia Industry Share and BPS Analysis by Country, 2023 & 2033

Figure 15: East Asia Industry Y-o-Y Growth Projections by Country, 2023 to 2033

Figure 16: East Asia Industry Attractiveness Analysis by Country, 2023 to 2033

Figure 17: China Industry Value (US$ Mn) Historical Analysis, 2018 to 2022

Figure 18: China Industry Value (US$ Mn) Forecast and Analysis, 2023 to 2033

Figure 19: China Industry Value Y-o-Y Growth and Forecast, 2033

Figure 20: China Industry Incremental $ Opportunity, 2023 to 2033

Figure 21: China Industry Share and BPS Analysis by Formulation, 2023 & 2033

Figure 22: China Industry Y-o-Y Growth Projections by Formulation, 2023 to 2033

Figure 23: China Industry Attractiveness Analysis by Formulation, 2023 to 2033

Figure 24: China Industry Share and BPS Analysis by Particle Size, 2023 & 2033

Figure 25: China Industry Y-o-Y Growth Projections by Particle Size, 2023 to 2033

Figure 26: China Industry Attractiveness Analysis by Particle Size, 2023 to 2033

Figure 27: China Industry Share and BPS Analysis by Application, 2023 & 2033

Figure 28: China Industry Y-o-Y Growth Projections by Application, 2023 to 2033

Figure 29: China Industry Attractiveness Analysis by Application, 2023 to 2033

Figure 30: Japan Industry Value (US$ Mn) Historical Analysis, 2018 to 2022

Figure 31: Japan Industry Value (US$ Mn) Forecast and Analysis, 2023 to 2033

Figure 32: Japan Industry Value Y-o-Y Growth and Forecast, 2018 to 2033

Figure 33: Japan Industry Incremental $ Opportunity, 2023 to 2033

Figure 34: Japan Industry Share and BPS Analysis by Formulation, 2023 & 2033

Figure 35: Japan Industry Y-o-Y Growth Projections by Formulation, 2023 to 2033

Figure 36: Japan Industry Attractiveness Analysis by Formulation, 2023 to 2033

Figure 37: Japan Industry Share and BPS Analysis by Particle Size, 2023 & 2033

Figure 38: Japan Industry Y-o-Y Growth Projections by Particle Size, 2023 to 2033

Figure 39: Japan Industry Attractiveness Analysis by Particle Size, 2023 to 2033

Figure 40: Japan Industry Share and BPS Analysis by Application, 2023 & 2033

Figure 41: Japan Industry Y-o-Y Growth Projections by Application, 2023 to 2033

Figure 42: Japan Industry Attractiveness Analysis by Application, 2023 to 2033

Figure 43: South Korea Industry Value (US$ Mn) Historical Analysis, 2018 to 2022

Figure 44: South Korea Industry Value (US$ Mn) Forecast and Analysis, 2023 to 2033

Figure 45: South Korea Industry Value Y-o-Y Growth and Forecast, 2018 to 2033

Figure 46: South Korea Industry Share and BPS Analysis by Formulation, 2023 & 2033

Figure 47: South Korea Industry Y-o-Y Growth Projections by Formulation, 2023 to 2033

Figure 48: South Korea Industry Attractiveness Analysis by Formulation, 2023 to 2033

Figure 49: South Korea Industry Share and BPS Analysis by Particle Size, 2023 & 2033

Figure 50: South Korea Industry Y-o-Y Growth Projections by Particle Size, 2023 to 2033

Figure 51: South Korea Industry Attractiveness Analysis by Particle Size, 2023 to 2033

Figure 52: South Korea Industry Share and BPS Analysis by Application, 2023 & 2033

Figure 53: South Korea Industry Y-o-Y Growth Projections by Application, 2023 to 2033

Figure 54: South Korea Industry Attractiveness Analysis by Application, 2023 to 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How much is the demand for colloidal silica in East Asia?

Sales of colloidal silica in East Asia are estimated at US$ 240.8 million in 2023.

At what CAGR is the demand for colloidal silica predicted to increase going forward?

Sales of colloidal silica in East Asia are forecasted to rise at 5.3% CAGR through 2033.

What is the projected valuation of colloidal silica in East Asia for 2033?

Colloidal silica sales are projected to reach US$ 402.4 million by 2033-end in the region.

What is the predicted sales value of colloidal silica in China for 2033?

Demand for colloidal silica in China is projected to reach a market value of US$ 282.5 million by 2033.

At what rate is the demand for colloidal silica predicted to increase in Japan?

Sales of colloidal silica in Japan are forecasted to increase at a 4.2% CAGR from 2023 to 2033.

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