The rapid surge in need for the 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 2020. The global Precipitated Silica market is projected to grow at a CAGR Of 8.9%.
The report firstly introduced the Precipitated Silica basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
On the basis of application, the Rubber segment is the largest application segment in the global precipitated silica market, there is an increased demand for precipitated silica in automotive tires and other rubber products such as hoses, tubes, conveyor belts, footwear, and so on as it provides enhanced properties such as high durability, strength, and high wear resistance.
In terms of geography, the Asia Pacific accounted for the largest share of the global precipitated silica market in 2016. In addition, the Asia Pacific precipitated silica market is projected to grow at the highest CAGR during the forecast period. It has been observed that there is a high growth in industrialization as well the population of the countries such as China and India in the Asia-Pacific region. According to report, the Asia Pacific is witness to hit 10.2% CAGR over 2016-2020.
The major players profiled in this report include:
Evonik Industries AG,
PPG Industries Inc.,
Tosoh Silica Corporation
W.R. Grace & Co.,
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Technical Rubber Grade
HDS Tire Grade
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Precipitated Silica for each application, including-