Specialty Silica Market: Demand is Majorly Driven by Rubber Application Segment with Leading Manufacturers Expanding Their Capacity for High Grade Specialty Silica: Global Industry Analysis and Opportunity Assessment 2016 - 2026

  • Published: 2016-05-24
  • Report Code: REP-GB-577

An Incisive, In-depth Analysis on the Specialty Silica Market

This study offers a comprehensive, 360 degree analysis on the Specialty Silica market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Specialty Silica market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Specialty Silica Definition

Speciality silica predominantly consists of silica (SiO2) and is produced in the coarse form of round pebbles and sawed or trimmed blocks or fine powder which is used as a key additive in formulation of several products and components fabricated in a wide range of end use industries such as automotive, electronics, inks, coatings, personal care products and others.

Factors influencing the global Specialty Silica market growth

Speciality silica predominantly consists of silica (SiO2) and is produced in the coarse form of round pebbles and sawed or trimmed blocks or fine powder which is used as a key additive in formulation of several products and components fabricated in a wide range of end use industries such as automotive, electronics, inks, coatings, personal care products and others. Speciality silica is sometimes also commercially sold by grades i.e. by general/civil grade and industrial grade with each grade having unique form, particle size and defined scope of applications. In terms of production, the specialty silica manufacturers are shifting from conventional methods to adopt environment friendly measures of production thereby causing reduction in particulate and gases emission in the atmosphere. Many specialty silica manufacturers have undergone registration of patents in this regard.

The global Specialty Silica market growth is likely to gain primarily from the Asia Pacific. North America, Western Europe and Japan are the next prominent regions of growth for the specialty silica market owing to established manufacturing base and their continued development thereby calling for an increased demand of Specialty Silica during the forecast period. The global Specialty Silica market has been a competitive market by nature with a mix of organized and unorganized sectors of market having their respective shares.

Global Specialty Silica market segmentation and forecasts

On the basis of product, the precipitated type of specialty silica has been the leading segment at present which is expected to experience continued robust growth over the forecast period. This is followed by fumed and colloidal silica attracting affair share of market value share and are expected to gain momentum during the forecast period. The other types such as fumed, fused, colloidal and silica gel segments are expected to lose market share during the forecast period. HDS or Highly Dispersible Silica has been the latest addition to the specialty silica type which is specifically designed for automotive tire production by manufacturers of specialty silica. By application, the automotive sector is expected to be the prominent growth segment which utilize precipitated type of specialty silica in production of automotive tyres. The automotive segment has been estimated to have a profound market value share as well growth rate. Additionally, the plastics segment is considered to be another prominent segment estimated to record a significant CAGR thereby imbibing a health quantity of specialty silica in the forecast period. The global Specialty Silica market is expected to embark upon US$ 10 Bn by the end of forecast period.

By volume, the global specialty silica market is estimated to grow at a decent CAGR of 4.7% owing to specific demand and intake of specialty silica per unit in lower proportion. The various factors related to the forecast growth of specialty silica market are due to growth in end use industries consisting of automotive, construction, food and beverages, electrical and electronics, plastics and rubber. Rubber is the single largest application segment for specialty silica, wherein it is mainly used as a substitute for carbon black in fuel-efficient tires. Apart from the existing applications, specialty silica has also been considered in new areas of applications such as pharmaceutical and medical, analytical research, spectrography, agrochemicals, additives in food and beverages, pulp and paper, renewable energy, etc.

Specialty Silica Market-Trade Scenario

Medium-high consolidation exists in the precipitated silica market. However, highly dispersible precipitated silica (for tire industry) market is dominated by only a couple of market players with very high market consolidation. The trade flow of specialty silica is mainly governed via procurement and sales through bulk level distributors and suppliers in domestic and overseas markets respectively. However, in some cases, the specialty silica manufacturers also go for direct tie-ups with the end user for above average consumption quantity, packaging and high end application otherwise required by the end user at rebated prices. This practice has been followed primarily by tier-1 manufacturers have production capacities and sales markets at global bulk levels.

The specialty silica market is expected to witness a certain degree of volatility in prices, thus reflecting projected increase of market value during the forecast period.

specialty-silica-market

Market Participants in the global Specialty Silica market

Some of the market participants involved in the production and sales of Specialty Silica include Solvay SA, Evonik AG, Akzo Nobel N.V., W.R. Grace & Co., Cabot Corporation, Wacker Chemie, PPG Industries, Ecolab Inc., Huber Engineered Materials and Qindao Makall Group. The global Specialty Silica market is governed by tier-1, tier-2 and small scale and independent level companies having their presence in global and regional markets. The unorganized sector has a greater weightage of market share of specialty silica. Apart from the tier-1 manufacturers, a majority of specialty silica manufacturing companies are based out of China, offering bulk sales and distribution. The chief strategies employed by specialty silica manufacturers are innovation and product development, production capacity expansion, vertical and horizontal integration of business operations.

This FMI study offers a ten-year analysis and forecast of the global Specialty Silica market between 2016 and 2026. The study considers 2015 as the base year with market values estimated for the year 2016 and a forecast developed for the duration of 2016 to 2026. Compound Average Growth Rate (CAGR) is represented from 2016 to 2026. The study covers various perspectives of the market, including market dynamics, associated macroeconomic factors, value chain, quantitative and qualitative analyses, competitive landscape, along with segment level projections in a comprehensive manner.

The global Specialty Silica market size has been provided by value in US$ Mn and Volume (tons). The Specialty Silica predominantly consists of silica (SiO2) and is produced in the form of round pebbles and sawed or trimmed blocks and other shapes for non-construction applications. The research study on Specialty Silica focuses on the potential market size and growth with respect to the available product types and its scope of applications in various end use industries ranging from plastics, elastomers to electronics and others. The other applications of specialty silica are currently in their initial stage of development and expected to grow in the same suit as of electronics and automotive tyres. By product type, specialty silica is available in form of 6 major segments i.e. Silica Gel, Fused Silica, Precipitated Silica, Colloidal and Fumed type. The Specialty Silica market is considered to be driven mainly with demand from automotive tyres, electronic and semiconductor components where specialty silica is used a base additive material for formulation of the final product. The global Specialty Silica is poised to have a healthy growth in the forecast period of the research report. As per the findings of the study and perspectives of industry participants, the global Specialty Silica market is projected to grow at a healthy rate, recording a CAGR of 6.9% between 2016 and 2026 in terms of value. The common trends associated with the global specialty silica market has been strategic tie-ups with end customers and production capacity expansion measured by the leading players across the globe. Also joint-ventures regional enterprises have been framed to venture into untapped markets.

The Future Market Insights report on Specialty Silica carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters such as product type, application and region. The primary objective of the report is to offer key insights on market scenario and updates, associated trends, competition analysis including key developments and overview of key strategies employed by the manufacturers, market potential, growth rates and other relevant information and statistics in a suitable manner to the readers or various stakeholders of the market.

The report on Specialty Silica market is structured to facilitate the reader to develop a thorough understanding about the market. It begins with market overview with summary of key findings of the research, market definitions, overall market size forecast and absolute dollar opportunity generated during the forecast period, market dynamics, value chain highlighting types of market participants involved citing few examples, pricing analysis, market analysis by global and regional levels as well as competition analysis including assessment of leading players i.e. manufacturers in overall market. The market analysis has been done by key segment and the figures have been provided separately in terms of Value (US$ Mn) and volume consumption (tons). Each section covers a qualitative and quantitative assessment of the market on the basis of facts, historical developments, projected growth and key opinions collected from industry participants through dedicated interviews and trends in the market.

Specialty Silica – Market Segmentation

Product Type

Application

Region

  • Precipitated

  • Fumed

  • Fused

  • Silica Gel

  • Colloidal

  • Rubber

  • Plastics

  • Ink & Coatings

  • Electrical & Electronics

  • Agriculture & Feed

  • Food & Beverage

  • Personal Care

  • Others

  • North America

  • Western Europe

  • Eastern Europe

  • Asia Pacific Excluding Japan

  • Japan

  • Latin America

  • Middle East & Africa

 

The report on global Specialty Silica market assessment begins with a market introduction, defining the market taxonomy and product definitions with working principle explained in detail regarding each technology of Specialty Silica. In the next section, the report describes the market development background, covering macro-economic factors, industry factors, forecast factors, regional weighted average pricing analysis for the base year, and supply chain overview of Specialty Silica considered for the study.

The next section of the report discusses market dynamics such as drivers, restraints and trends impacting the market growth at a global level identifying the key factors which have been elucidated with supporting examples, cases and facts.

Subsequent sections of the report provide market size analysis and forecast by value (US$ Mn) projections for the Specialty Silica market on the basis of the aforementioned segments at a global level. The global market values represented in these section have been agglomerated by collecting data and information at a regional level. The market information, along with key facts and insights, covers unique analysis frameworks such as absolute $ opportunity analysis, year-on-year growth trend comparison, market share and attractiveness analysis for each of the sub-types covered in each segment.

The next section of the report presents a summarised view of the global Specialty Silica market based on seven prominent regions considered in the study. The section includes the regional market position, growth potential, trends and market attractiveness analysis for each of these regions.

The market analysis sections cover regional trends and market projections for each segment, including Y-o-Y growth trends, market share analysis, market attractiveness and incremental $ opportunity assessment. These sections analyse the degree to which the global drivers are influencing this market in each region.

All the above sections evaluate the present market scenario and growth prospects in the global Specialty Silica market, while the forecast presented in the sections assesses the market size in terms of volume sales and value.

In order to offer an accurate forecast, FMI started by sizing the current market (2015), which forms the basis of how the global Specialty Silica market is expected to develop in the future for the period (2016-2026). Given the characteristics of the market, we triangulated the outcome of three different types of analysis, based on primary research, secondary research and our own analysis. However, forecasting the market in terms of various segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the completion of the forecast exercise.

In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze the market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand the predictability of the Specialty Silica market and identify the right opportunities available.

As previously highlighted, the Specialty Silica market is split into a number of sub-segments particularly by region where all the sub-segments are the prominent countries of each geographical region. On the basis of Basis Point Share (BPS), to understand each individual segment’s relative contribution to the market growth. This detailed level of information is important for the identification of various key trends witnessed in the Specialty Silica market. This has been followed by Y-o-Y (year-on-year) growth trend analysis and market attractiveness analysis by each segment highlighting the causes responsible for displaying the estimated growth trends.

Another key feature of this report is the analysis of all the key segments in the Specialty Silica market, sub-segments and the regional adoption and revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources and earnings from a sales and delivery perspective in the Specialty Silica market. This analysis is provided by individual product segments by technology, source of recovery and capacity as well as opportunity analysis by prominent countries of designated geographical regions.

In order to understand the key market segments in terms of the growth of Specialty Silica across concerned regions, Future Market Insights has developed the Specialty Silica Market Attractiveness Index, which will help providers identify real market opportunities where each segment has been measured by 3 reference indices namely CAGR index, current market share index and absolute dollar opportunity generated in the forecast period. All the qualitative analyses have provided in form of infographics with citation of key takeaways.

In the final section of the report, a competitive landscape of the Specialty Silica market is included to provide report audiences with a summarized view in form of a dashboard which has been categorized on the basis of manufacturer’s level of presence in the Specialty Silica market, revenue earned and key differentiating factors and strategies. The report then provides credentials of by tier-1 Specialty Silica manufacturers individually where key financial, business overview, product/brand portfolio, key developments and strategies employed have been mentioned to evaluate their long-term and short-term strategies, key offerings and recent developments in the Specialty Silica market. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors on the basis of the in-depth assessment of their capabilities and reputation in the Specialty Silica marketplace. Detailed profiles of the providers are also included in the scope of the report. Key competitors covered in the report include Solvay SA, W.R. Grace & Co., Evonik AG, Akzo Nobel N.V., Cabot Corporation, Huber Engineered Materials, Wacker Chemie, PPG Industries, Ecolab Inc., and Qindao Makall Group.

The report also mentions by highlighting the research methodology employed in deriving the estimated market figures with related approach and the type of data sources referred.

Specialty Silica Market Reports - Table of Contents

Specialty Silica Market Reports - List of Tables

  1. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  2. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  3. Global Specialty Silica Market Value (US$ Mn) & Volume (KT) Forecast, By Region, 2014-2026

  4. North America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  5. North America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  6. North America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Country, 2014–2026

  7. Western Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  8. Western Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  9. western Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Country, 2014–2026

  10. Eastern Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  11. Eastern Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  12. Eastern Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Country, 2014–2026

  13. APEJ Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  14. APEJ Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  15. APEJ Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Country, 2014–2026

  16. MEA Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  17. MEA Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  18. MEA Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Country, 2014–2026

  19. Latin America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  20. Latin America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

  21. Latin America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Country, 2014–2026

  22. Japan Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Application, 2014–2026

  23. Japan Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Product Type, 2014–2026

Specialty Silica Market Reports - List of Figures

  1. Global Specialty Silica Market Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  2. Global Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  3. Previous Market Forecast on Global Specialty Silica Market, 2015–2025 (US$ Mn)

  4. Revised Market Forecast on Global Specialty Silica Market, 2015–2026 (US$ Mn)

  5. Global Specialty Silica Market Value (US$ Mn) Y-o-Y Growth Comparison By Product Type, 2015–2026

  6. Global Specialty Silica Market Value Share and BPS Analysis, By Product Type, 2016 & 2026

  7. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Precipitated Silica Segment, 2014–2026

  8. Global Specialty Silica Market Absolute $ Opportunity, By Precipitated Silica Segment 2014–2026 (US$ Mn)

  9. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Fumed Silica Segment, 2014–2026

  10. Global Specialty Silica Market Absolute $ Opportunity, By Fumed Silica Segment 2014–2026 (US$ Mn)

  11. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Fused Silica Segment, 2014–2026

  12. Global Specialty Silica Market Absolute $ Opportunity, By Fused Silica Segment 2014–2026 (US$ Mn)

  13. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Silica Gel Segment, 2014–2026

  14. Global Specialty Silica Market Absolute $ Opportunity, By Silica Gel Segment 2014–2026 (US$ Mn)

  15. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Colloidal Silica Segment, 2014–2026

  16. Global Specialty Silica Market Absolute $ Opportunity, By Colloidal Silica Segment 2014–2026 (US$ Mn)

  17. Global Specialty Silica Market Attractiveness Analysis, By Product (2015-2026)

  18. Global Specialty Silica Market Y-o-Y Growth, By Application, 2015–2026

  19. Global Specialty Silica Market Value Share and BPS Analysis, By Application, 2016 & 2026

  20. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Rubber Segment, 2014–2026

  21. Global Specialty Silica Market Absolute $ Opportunity, By Rubber Segment 2014–2026 (US$ Mn)

  22. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Plastics Segment, 2014–2026

  23. Global Specialty Silica Market Absolute $ Opportunity, By Plastics Segment 2014–2026 (US$ Mn)

  24. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Ink & Coatings Segment, 2014–2026

  25. Global Specialty Silica Market Absolute $ Opportunity, By Ink & Coatings Segment 2014–2026 (US$ Mn)

  26. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By E&E Segment, 2014–2026

  27. Global Specialty Silica Market Absolute $ Opportunity, By E&E Segment 2014–2026 (US$ Mn)

  28. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Agriculture & Feed Segment, 2014–2026

  29. Global Specialty Silica Market Absolute $ Opportunity, By Agriculture & Feed Segment 2014–2026 (US$ Mn)

  30. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Food & Beverages Segment, 2014–2026

  31. Global Specialty Silica Market Absolute $ Opportunity, By Food & Beverages Segment 2014–2026 (US$ Mn)

  32. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Personal Care Segment, 2014–2026

  33. Global Specialty Silica Market Absolute $ Opportunity, By Personal Care Segment 2014–2026 (US$ Mn)

  34. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Personal Care Segment, 2014–2026

  35. Global Specialty Silica Market Absolute $ Opportunity, By Personal Care Segment 2014–2026 (US$ Mn)

  36. Global Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, By Others Segment, 2014–2026

  37. Global Specialty Silica Market Absolute $ Opportunity, By Others Segment 2014–2026 (US$ Mn)

  38. Global Specialty Silica Market Attractiveness Analysis, By Application

  39. Global Specialty Silica Market Value Share and BPS Analysis By Region, 2016 & 2026

  40. Global Specialty Silica Market Y-o-Y Growth By Region, 2016 & 2026

  41. Global Specialty Silica Market Attractiveness Analysis, By Region, 2016-2026

  42. North America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  43. North America Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  44. North America Specialty Silica Market Attractiveness Analysis, By Country, 2016-2026

  45. North America Specialty Silica Market Attractiveness Analysis, By Product Type , 2016-2026

  46. North America Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

  47. Western Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  48. Western Europe Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  49. Western Europe Specialty Silica Market Attractiveness Analysis, By Country, 2016-2026

  50. Western Europe Specialty Silica Market Attractiveness Analysis, By Product Type, 2016-2026

  51. Western Europe Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

  52. Eastern Europe Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  53. Eastern Europe Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  54. Eastern Europe Specialty Silica Market Attractiveness Analysis, By Country, 2016-2026

  55. Eastern Europe Specialty Silica Market Attractiveness Analysis, By Product Type , 2016-2026

  56. Eastern Europe Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

  57. APEJ Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  58. APEJ Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  59. APEJ Specialty Silica Market Attractiveness Analysis, By Country, 2016-2026

  60. APEJ Specialty Silica Market Attractiveness Analysis, By Product Type, 2016-2026

  61. APEJ Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

  62. MEA Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  63. MEA Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  64. MEA Specialty Silica Market Attractiveness Analysis, By Country, 2016-2026

  65. MEA Specialty Silica Market Attractiveness Analysis, By Product Type, 2016-2026

  66. MEA Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

  67. Latin America Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  68. Latin America Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  69. Latin America Specialty Silica Market Attractiveness Analysis, By Country, 2016-2026

  70. Latin America Specialty Silica Market Attractiveness Analysis, By Product Type, 2016-2026

  71. Latin America Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

  72. Japan Specialty Silica Market Size Value (US$ Mn) and Volume (KT) Forecast, 2014–2026

  73. Japan Specialty Silica Market Absolute $ Opportunity, 2014–2026 (US$ Mn)

  74. Japan Specialty Silica Market Attractiveness Analysis, By Product Type, 2016-2026

  75. Japan Specialty Silica Market Attractiveness Analysis, By Application, 2016-2026

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