Specialty Silica An insight on the important factors and trends influencing the market 2024

1. Transparency Market Research Specialty Silica Market (Products - Precipitated Silica, Fumed Silica, Fused Silica, Silica Gel; Applications - Rubber, Crop Protection, Paints & Coatings, Electronic Components, Food & Beverage) - Global Industry Growth, Trends, and Forecast 2016 - 2024 Published Date 2016-12-28 155 Page Report Request Sample Buy Now Press Release Global Specialty Silica Market: Growing Green Tire Demand Benefits Manufacturers, notes TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

2. Specialty Silica Market REPORT DESCRIPTION Global Specialty Silica Market: Snapshot The global specialty silica market is currently being driven by the growth in the global automotive industry and its high demand for green tires. The market is also expanding due to the overall growth of the cosmetics industry and the growth in demand for fumed silica. However, the global specialty silica market is being restrained by factors including high product cost coupled with the availability of cheaper substitutes, and the very low growth rate in demand from the paper industry. Browse Market Research Report: http://www.transparencymarketresearch.com/specialty-silica-market.html The global specialty silica market is expected to be valued at US$4.62 bn by the end of 2016. Between 2016 and 2024, this market’s value is expected to expand at a CAGR of 5.9% and reach US$7.32 bn by the end of 2024. In terms of volume, the global specialty silica market is expected to reach 5,185.0 kilo tons in 2024. Rubber Industry Continues to Dominate Specialty Silica Demand Based on the applications of specialty silica, its global market is segregated into rubber, crop protection, paints and coatings, electronic components, food and beverage, personal care and cosmetics, animal feed, plastics, and a collective segment of minor or niche applications. Among 2 Transparency Market Research

3. Specialty Silica Market these, the global specialty silica market has always generated a consistently high demand from rubber manufacturers. In 2015, the rubber industry took up more than 50% of the global specialty silica market in terms of value, owing to the massive scale at which specialty silica is used in the manufacture of tires, industrial tools and equipment, and footwear. The use of specialty silica is especially high in tires as it helps maintain a robust structure while considerably reducing rolling resistance, a phenomenon in friction that is responsible for the usage of at least 20% fuel of all vehicles. This factor puts the global specialty silica market in very high regard for tire manufacturers as growing constraints of depleting fossil fuels and tightening emission norms are forcing the automotive industry to ramp up its efforts in reducing the overall fuel consumption of vehicles. APAC Shines with Brighter Opportunities for Specialty Silica Producers Asia Pacific in 2015 was the dominant region among all key regions within the global specialty silica market with a hold over 45% of the market’s value. It is expected that Asia Pacific continue to lead the global specialty silica market over the coming years while also experiencing a substantial growth rate in demand and production. In terms of speed of growth in the global specialty silica market, both Asia Pacific and North America will continue to show high levels of promise for players to expand their revenue generation scales. Both regions currently hold a booming automotive industry in terms of demand for vehicles as well as production rates, upping the overall consumption rate of specialty silica. Get accurate market forecast and analysis on the Specialty Silica market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=11183 3 Transparency Market Research

4. Specialty Silica Market Asia Pacific is also showing an especially high rate of consumption as well as development in the consumer electronics industry, thereby providing manufacturers of specialty silica with plenty of opportunities for growth. On the other hand, the sluggish rate of growth of paints and coatings in Europe is expected to provide a much smaller scope of opportunities for players based here. Globally prominent players are also looking towards the burgeoning personal care and cosmetics industries in the Middle East and Africa. The global specialty silica market has so far shown a moderately consolidated competitive landscape, with the leading players accounting for more than 50% of the market’s value. The list of key players in the market so far includes the names Cabot Corporation, Evonik Industries AG, PPG Industries, Inc., Wacker Chemie AG, Huber Engineered Materials, Tokuyama Corporation, Solvay S.A., Akzo Nobel N.V., and W. R. Grace & Co. About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 4 Transparency Market Research

5. Specialty Silica Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 5 Transparency Market Research