July 19, 2019 by Steve Blade
Colloidal Silica Market Trends, Colloidal Silica Market Demand, Colloidal Silica Market Scope, Colloidal Silica Market Overview, Colloidal Silica Market Trends, Colloidal Silica Market Share, Colloidal Silica Market
Global sales of colloidal silica is estimated to surpass 403,700 tons through 2029, says the recently published report by Fact.MR. Increasing requirement for effective binders is estimated to load the dice in favor of liquid silicon dioxide applications across an umpteen number of applications, including coatings, electronics, construction, thereby creating sustained opportunities for the colloidal silica industry. According to the research study, electrical equipment & electronics industry will continue to sustain high demand for colloidal silica Market, for the fact that colloidal silica plays a critical role in producing flat and uniform water surfaces during production of electronic & electrical devices.
“Colloidal silica also serves as a final polishing additive and a rough surface remover in the electronics & electrical equipment space, thereby eliminating the necessity of other steps of surface preparation. Moreover, adoption of colloidal silica will also continue to scale up in the construction space, for the fact that colloidal silica holds the potential to breathe life into durability and strength of concrete mixtures”, says the Fact.MR report.
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Table of Content
1. Executive Summary
To Be Continue............
Key Growth Drivers of Colloidal Silica Market?
Acidic Vs. Alkaline – Gains Remain Marginally Competitive
According to the report, end users will continue to show high preference for acidic colloidal silica. With a market share of over 50% in 2018, acidic colloidal silica will remain the highly-preferred formulation type, owing to its exceptional stability. However, the report also finds a gradual leaning towards alkaline colloidal silica and this inclination is likely to gather significant momentum over the years.
Key players are focusing on establishment of new production and R&D facilities across multiple regions, with a sole objective of catering to regional demands and expanding their geographical reach. For instance, W. R. Grace & Co. flagged off the construction of its new colloidal silica plant at its exclusive European flagship R&D and manufacturing facility in Worms, Germany. The establishment of this new plant will amplify Grace’s technology paradigms and boost the company’s production capability & flexibility. In addition, key companies are also offering custom-made colloidal silica in line with customer requirements and specifications, which will further solidify their product portfolios.
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