January 14, 2020 by Amanpreet
Global Fumed Silica Market - A Report by Fact.MR
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global fumed silica market. The fumed silica market report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment alongwith its sub-segment is analyzed in terms of value and volume. Further, the fumed silica market report elaborates the market behavior of each vendor operating in the fumed silica market.
Global fumed silica sales are likely to surpass 335,000 MT in 2018, up from 323,733 MT in 2017, according to a new Fact.MR study. Gains will be driven by sustained demand in end-use industries such as printing inks, paints, coatings, and adhesives.
Increasing demand for water-based coatings and paints for industrial and architectural application continues to be a driver for the market. Fumed silica is used on a large scale in paints and coatings to prevent corrosion and rust. Moreover, demand for silicone rubber is increasing in the automotive sector to improve fuel efficiency, thereby, accelerating the growth of fumed silica market.
Manufacturers are introducing new manufacturing processes and technologies to reduce the production time and cost. For instance, Evonik’s new fumed silica manufacturing process, allow the coating and paint manufacturers to eliminate bead milling process. This results in reduced time, machine usage, and costs for end-use industry.
The fumed silica market report considers the following years to present the overall market growth:
Key findings of the fumed silica market study:
Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2301
On the basis of application, the fumed silica market study consists of:
On the basis of product type, the fumed silica market study incorporates:
On the basis of region, the fumed silica market study contains:
Key players analyzed in the fumed silica market study:
Queries addressed in the fumed silica market report:
Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=2301
Why choose Fact.MR?
Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.