Precipitated Silica Market Will Grow At Highest Pace Owing To Growing Demand
Precipitated silica, also known as silica gel or amorphous silica, is a complex inorganic polymer formed through the precipitation reaction of sodium silicate. It has a highly porous texture, white color and high porosity. Precipitated silica is extensively used as a thickening, reinforcing and anti-caking agent in products such as dentifrices, coatings, food and animal feed, personal care and hygiene products due to its effective viscosity and thickening properties. The rising traction of natural and eco-friendly ingredients in personal care and oral care products has augmented the demand for precipitated silica.
The Global Precipitated Silica Market is estimated to be valued at US$ 4.56 Bn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Precipitated Silica are Evonik Industries AG, Oriental Silicas Corporation, Huber Engineered Materials, PPG Industries, Inc, MLA Group, Solvay S.A, Anmol Chemicals Group, Supersil Chemicals (I) Pvt. Ltd, Anten Chemical Co. Ltd., PQ Corporation, W.R. Grace & Co., Madhu Silica Pvt. Ltd., QUECHEN, AMS Applied Material Solutions, Covia Holdings LLC., Denka Company Limited. The demand for Precipitated Silica Market Growth is due to its wide usage in industries such as dentifrices, coatings, food, personal care etc. Technological advancements such as development of new forms of precipitated silica like spherical and granular grades have augmented their usage in new applications.
Market Trends
Increasing demand from paints and coatings industry: Precipitated silica is widely used as a reinforcing and extender filler in paints, coatings and sealants industries. The growth in construction and automotive industries is augmenting the demand for coatings which is driving the precipitated silica market.
Growing popularity of precipitated silica as food additive: Precipitated silica is being used as an anti-caking agent, carrier and flow conditioning agent in food industry. It has replaced dried hectorite clays which were traditionally used as anti-caking agents in food.
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