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The global fumed silica market was valued at USD 2 billion in 2024 and is estimated to grow at a CAGR of over 5.4% from 2025 to 2034. Surging deployment of unsaturated polymer resin in the production of filled plastic & fiber reinforced plastic products, such as pipes, tanks, sanitary ware, gratings, etc. Further, escalating demand for high-performance parts for the transportation & marine industries is presenting lucrative opportunities to the market.
The transportation industry is slated to observe an optimistic future outlook with a healthy growth rate. Fuelled by various trends such as technology enhancement, increasing fuel efficiency, electrification of vehicles, clean energy investments, and transportation efficiency, among others, are expected to drive the automotive industry’s revenue to cross USD 6.5 trillion by 2030. In addition, the growing adoption of fumed silica in the coatings & adhesives industry will also substantially contribute to the market expansion.
Report Attribute | Details |
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Base Year: | 2024 |
Fumed Silica Market Size in 2024: | USD 2 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2025 - 2034 CAGR: | 5.4% |
2034 Value Projection: | USD 3.4 Billion |
Historical Data for: | 2021 - 2024 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 308 |
Segments covered: | Product, Application, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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