What is Global Fumed Silica Powder Market?
The Global Fumed Silica Powder Market is a vast and dynamic sector that has been gaining significant attention in recent years. Fumed silica powder, also known as pyrogenic silica, is a specialty type of silica which is produced by high temperature combustion of silicon tetrachloride or quartz sand vapor in the presence of oxygen. It is used in various industries due to its beneficial properties such as thickening, anti-caking, reinforcing and more. The global market for this product was valued at a substantial US$ 1854 million in 2022. The market is expected to grow at a steady pace, with projections indicating that it will reach a value of US$ 2148.1 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 2.1% during the forecast period of 2023-2029.
BET 100-160, BET 160-210, BET 210-300, Others in the Global Fumed Silica Powder Market:
The Global Fumed Silica Powder Market is segmented based on the Brunauer–Emmett–Teller (BET) surface area. The segments include BET 100-160, BET 160-210, BET 210-300, and others. The BET 100-160 segment is the largest, accounting for about 45% of the market. The BET surface area is a measure of the specific surface area of a material, which can affect its physical and chemical properties. The different BET segments represent fumed silica powders with different surface areas, which are used in various applications depending on their specific properties.
Silicone Rubber, Adhesives and Sealants, Polyester, Paints and Inks, Others in the Global Fumed Silica Powder Market:
Fumed silica powder is used in a wide range of applications. It is used in the production of silicone rubber, where it acts as a filler and improves the mechanical and thermal properties of the rubber. It is also used in adhesives and sealants, where it acts as a thickening agent and improves the adhesion and durability of the products. In the polyester industry, fumed silica powder is used to prevent the clumping of the polyester fibers. It is also used in paints and inks, where it improves the viscosity and stability of the products. Other applications of fumed silica powder include its use in cosmetics, pharmaceuticals, and food and beverages.
Global Fumed Silica Powder Market Outlook:
The global Fumed Silica Powder market is dominated by three major players who collectively account for approximately 72% of the total market. This high level of concentration indicates that these companies have significant influence over the market dynamics and trends. However, the market also includes a number of smaller players who contribute to the diversity and competitiveness of the market.
| Report Metric | Details |
| Report Name | Fumed Silica Powder Market |
| Accounted market size in 2023 | US$ 1896.2 million |
| Forecasted market size in 2029 | US$ 2148.1 million |
| CAGR | 2.1 |
| 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 | Evonik, Cabot, Wacker, Tokuyama, Orisil, OCI Corporation, GBS, Wynca, Fushite, Blackcat, Changtai, Yichang Huifu Silicon Materials |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
