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Fumed Silica Market Share

Report ID: GMI4388
Published Date: Nov 2022
Report Format: PDF

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Fumed Silica Market Share

Evonik Industries AG
Wacker Chemie AG
Cabot Corporation
Tokuyama Corporation
OCI Company Ltd.
Kemitura A/S
Orisil
Henan Xunyu Chemical Co., Ltd
Dongyue Group
Hubei Xingrui Silicon Materials Co., Ltd
China-Henan Huamei Chemical Co., Ltd
Cabot Sanmar Limited

are some of the major companies operating in the global market. These business participants are essaying strategic initiatives and bringing advancements in production processes to reinforce their foothold across the industry.

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Market size for fumed silica exceeded USD 1.9 billion in 2023 and is estimated to record more than 5.5% CAGR through 2024-2032, driven by the positive outlook of the unsaturated polyester resin sector.

Fumed silica industry size from the pharmaceutical, beauty & personal care application segment is projected to reach over 890 million by 2032 on account of rising use in several drugs, capsule, and tablet formulations to offer superior properties.

Europe accounted for more than 20% share of the fumed silica market and held a valuation of over 350 million in 2022. The growth can be attributed to the growing adoption of fumed silica as a performance booster in silicone elastomers.

Evonik Industries AG, Wacker Chemie AG, China-Henan Huamei Chemical Co., Ltd., Tokuyama Corporation, OCI Company Ltd., Kemitura A/S, Orisil, Hubei Xingrui Silicon Materials Co., Ltd., and Cabot Sanmar Limited are some of the key players operating in the fumed silica business.