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Precipitated Silica Market Worth 2.23 Billion USD by 2021


News provided by

MarketsandMarkets

20 Jul, 2016, 01:30 GMT

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PUNE, India, July 20, 2016 /PRNewswire/ --

The report "Precipitated Silica Market by End-Use Industry (Automobiles, Cosmetics, Electronics, Agriculture), by Application (Rubber, Personal Care, Food, Battery Separator, Coating & Inks, Adhesives & Sealants), & by Region - Global Forecast to 2021", published by MarketsandMarkets, The global market is projected to reach USD 2.23 Billion by 2021, at a CAGR of 9.1% from 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 127 market data Tables and 39 Figures spread through 163 Pages and in-depth TOC on "Precipitated Silica Market - Global Forecast to 2021"  

http://www.marketsandmarkets.com/Market-Reports/precipitated-silica-market-248726425.html
Early buyers will receive 10% customization on this report.

High demand for precipitated silica from the tire and rubber products industry is expected to drive the growth of the market in near future.

Automobile is the fastest-growing end-use industry segment of the global precipitated silica market 

Automobile end-use industry segment contributed the largest share to the precipitated silica market, by end-use industry in 2015, and is projected to be the fastest-growing end-use industry segment from 2016 to 2021. This growth can be mainly attributed to the increased demand of precipitated silica from the automotive tire industry, as precipitated silica provides enhanced properties to the tire such as reduced rolling resistance, increased traction, and high wear resistance.

Rubber was the fastest-growing application segment of the global precipitated silica market 

Rubber segment contributed the largest share to the Precipitated Silica Market, by application in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be attributed to the increased demand of precipitated silica in rubber products, as it acts as reinforcing filler and increases the strength and durability of rubber.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=248726425

Asia-Pacific was the largest market for global precipitated silica market in 2015 

Asia-Pacific was the largest market for precipitated silica market in 2015, owing to the rise in demand of precipitated silica in this region. This increased demand can be attributed to the growing demand for automotive tires, personal care products such as toothpastes, footwear, and pesticides in the region. China, India, and Japan are the leading countries in terms of production and consumption of precipitated silica in Asia-Pacific. Low cost of raw materials and labor as well as the high demand from end-use industries such as tires, toothpastes, and others is expected to drive the growth of the precipitated silica market in these countries.

Key players operational in the precipitated silica market include Evonik Industries AG (Germany), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Tosoh Silica Corporation (Japan), Solvay SA (Belgium), Huber Engineered Materials (U.S.) and Oriental Silica Corporation (Taiwan).

Browse Related Reports: 

Silica Fume Market, By Application (Building Construction, Marine Structure Construction, Oil & Gas Well Grouting, Nuclear Power Plant Construction, Chemical Production Facilities Construction), Geography (Middle East & Africa, North America, Asia-Pacific, South & Central America) - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/silica-fume-market-173625350.html

Aerogel Market, By Type (Silica, Polymer, Carbon), Form (Blanket, Panel, Particle, Monolith), Processing (Virgin, Fabricated), Application (Oil & Gas, Construction, Automotive, Marine & Aerospace, Performance Coatings, Day Lighting, LVHS) - Global Forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/aerogel-market-714.html

About MarketsandMarkets 

MarketsandMarkets is leading market research firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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