What is Global Colloidal Silica Market?
The Global Colloidal Silica Market is a vast and dynamic sector that encompasses a wide range of products and applications. Colloidal silica, also known as silica sol, is a stable dispersion of millimicron size SiO2 particles in water. The silica particles are non-agglomerated, spherical in shape, negatively charged, and stabilized with a counter ion. The product is used in a variety of industries and applications due to its small particle size, narrow particle size distribution, significant surface area, and high purity.
Alkaline Colloidal Silica, Acidic Colloidal Silica, Modified Colloidal Silica, Ordinary Colloidal Silica in the Global Colloidal Silica Market:
Diving deeper into the types of colloidal silica, we find four main categories: Alkaline Colloidal Silica, Acidic Colloidal Silica, Modified Colloidal Silica, and Ordinary Colloidal Silica. Alkaline Colloidal Silica is the most common type, accounting for about 65% of the global market. This type of colloidal silica is often used in applications that require a high degree of stability and purity. Acidic Colloidal Silica, on the other hand, is used in applications that require a lower pH level. Modified Colloidal Silica is colloidal silica that has been chemically altered to enhance certain properties, such as stability or reactivity. Lastly, Ordinary Colloidal Silica is the most basic form of colloidal silica and is used in a wide range of applications.
Investment Casting, Paints and Coatings, Refractories, Textiles & Fabrics, Polishing, Catalysts, Others in the Global Colloidal Silica Market:
The Global Colloidal Silica Market finds its usage in a variety of areas including Investment Casting, Paints and Coatings, Refractories, Textiles & Fabrics, Polishing, Catalysts, and Others. In Investment Casting, colloidal silica is used as a binder in the creation of molds. In Paints and Coatings, it serves as a rheology modifier, providing improved stability and better application properties. In Refractories, colloidal silica is used as a binder and coating agent, enhancing the durability and performance of refractory materials. In Textiles & Fabrics, it is used as a sizing agent, providing improved strength and durability to fabrics. In Polishing, colloidal silica is used as an abrasive, providing a high degree of surface finish. In Catalysts, it is used as a support material, enhancing the activity and selectivity of catalysts.
Global Colloidal Silica Market Outlook:
The Global Colloidal Silica Market, valued at US$ 925.9 million in 2022, is projected to reach a value of US$ 1234.8 million by 2029. This represents a compound annual growth rate (CAGR) of 3.3% during the forecast period of 2023-2029. The market is dominated by the top 5 players who collectively hold about 50% of the global market shares. The main application of colloidal silica is in Polishing, which accounts for about 30% of the market.
| Report Metric | Details |
| Report Name | Colloidal Silica Market |
| Accounted market size in 2023 | US$ 1399.1 million |
| Forecasted market size in 2029 | US$ 1526.3 million |
| CAGR | 1.5 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Fuso Chemical, Nouryon, Grace, Nissan Chemical, Guangdong Well-Silicasol, Nalco, Merck, Evonik Industries, Yinfeng Silicon, Chemiewerk Bad Köstritz, Liyi Kehan Silicon Products, Qingdao Haiyang Chemical, Hubei Yulong Chemical, Zhejiang Yuda Chemical, Remet, Adeka, Nyacol, YIMING, Qingdao FSK Foundry Materials, Fuzhou Sanbang Silicon Material |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
