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    Fumed Silica Market | Covid-19 Impact Analysis

    Fumed Silica Market | Covid-19 Impact Analysis

    Fumed Silica Market | Covid-19 Impact Analysis
    Report code - SRAM487 Delivery - 2 Weeks
    Fumed Silica Market Size, Share, Trend, Forecast, & Industry Analysis – 2020-202 See more...
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    Impact of COVID-19 on Fumed Silica Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Fumed Silica Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Fumed Silica Market Insights

    Fumed Silica Market is likely to witness an impressive CAGR of 5.0% during the forecast period. The major factors such as growing requirements for technical progression and to achieve cost optimization in the pharmaceutical industry, increase in demand for beauty & personal care products, increasing uses of paints & coatings by automotive & construction industries, and favorable trends related to building and construction sector are expected to boost the growth of the market during the forecast period.

    Fumed Silica Market - Snapshot

    Growth

    5.0% for the next five years

    Major Product Type

    Hydrophilic

    Dominant Application Type

    Beauty & Personal Care, Pharmaceuticals

    Region with the highest demand

    Asia-Pacific

    Key Players

    Cabot Corporation, China-Henan Huamei Chemical Co., Ltd., Dongyue Group, Evonik Industries AG, Henan Xunyu Chemical Co., Ltd., Hubei Xingrui Silicon Materials Co., Ltd., Kemitura Group, OCI Company Ltd., Tokuyama Corporation, and Wacker Chemie AG.

     

    Market Share Analysis

    Fumed-Silica-Market-Dominant-Segments

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    Fumed Silica Market Share: By Product Type

    Based on the product type, the market is segmented as hydrophilic and hydrophobic. The hydrophilic segment is estimated to account for the major share of the market. The growth of the segment is attributed to its wide range of applications during the forecast period. The main difference between these two products is their capability of combining with water, among these two, hydrophilic fumed silica displays strong affinity with water, whereas hydrophobic silica represents water repellant features.

    Fumed Silica Market Share: By Application Type

    Based on the application type, the market is segmented as pharmaceutical, beauty & personal care, silicone elastomers, paints, coatings, & inks, UPR, adhesives & sealants, food & beverages, and others. Beauty & Personal Care and Pharmaceuticals are estimated to be the leading applications in the market. Fumed silica is utilized as anti-blocking and thixotropic agent in various cosmetic products such as lipstick, foundations, skin care, and hair care., eventually fueling the growth of the cosmetics sector. On the other hand, fumed silica is the best fit for resolving issues such as compaction, weight variation, active or inactive ingredients segregation, tablet breakage, chipping, etc. faced by many pharmaceutical manufacturers.

    Fumed Silica Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. In 2019, around 2/5th of the global fumed silica production was consumed by Asia-Pacific. The growth is attributed to the presence of a large number of industries in the region. Factors such as Asia-Pacific’s growing real estate sector is estimated to flourish and attract high consumer demand for paints & coatings, and China and India being the major consumers of unsaturated polyester resin in both global and regional sectors, which are expected to fuel the growth of the regional market over the forecast period. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

    Fumed-Silica-Market-By-Region

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    Some of the key players in the fumed silica market are-

    • Cabot Corporation
    • China-Henan Huamei Chemical Co., Ltd.
    • Dongyue Group
    • Evonik Industries AG
    • Henan Xunyu Chemical Co., Ltd.
    • Hubei Xingrui Silicon Materials Co., Ltd.
    • Kemitura Group
    • OCI Company Ltd.
    • Tokuyama Corporation
    • Wacker Chemie AG.

     

    Market Scope & Segmentation

    Fumed silica, also called as pyrogenic silica is produced by flame pyrolysis technique, and is commonly found in a wide range of products ranging from daily usable products to major industrial formulations. It is one of the most popular silica types, utilized by various industries owing to its versatile nature.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Fumed Silica Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The fumed silica market is segmented into the following categories. 

    Fumed Silica Market Size, Share, & Forecast, by Product Type:

    • Hydrophilic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hydrophobic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fumed Silica Market Size, Share, & Forecast, by Application Type:

    • Pharmaceutical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Beauty & Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Silicone Elastomers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Paints, Coatings, & Inks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • UPR (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Adhesives & Sealants (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Food & Beverages (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Fumed Silica Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Fumed-Silica-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Fumed Silica Market in the foreseeable future?

    The fumed silica market is expected to witness an impressive growth of 5.0% CAGR in the foreseeable future.

    Who are the key players in the Fumed Silica Market?

    Cabot Corporation, China-Henan Huamei Chemical Co., Ltd., Dongyue Group, Evonik Industries AG, Henan Xunyu Chemical Co., Ltd., Hubei Xingrui Silicon Materials Co., Ltd., Kemitura Group, OCI Company Ltd., Tokuyama Corporation, and Wacker Chemie AG are among the key players in the Fumed Silica Market.

    Which country/region is expected to be the leading Fumed Silica Market?

    Asia-Pacific is expected to be the leading fumed silica market during the next five years.

    Which product type is expected to account for the major share of Fumed Silica Market?

    The hydrophilic segment is expected to account for the major share of the fumed silica market in the coming years.

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