Global Precipitated Silica Market: Developed Markets and Developing Markets

The report "Precipitated Silica Market" by End-Use Industry (Automobiles, Cosmetics, Electronics, Agriculture), by Application (Rubber, Personal Care, Food, Battery Separator, Coating & Inks, Adhesives & Sealants), & by Region - Global Forecast to 2021", The global precipitated silica market is projected to reach USD 2.23 Billion by 2021, at a CAGR of 9.1% from 2016 to 2021. High demand for precipitated silica from the tire and rubber products industry is expected to drive the growth of the market in near future.

Browse 127 market data Tables and 39 Figures spread through 163 Pages and in-depth TOC on "Precipitated Silica Market by End-Use Industry (Automobiles, Cosmetics, Electronics, Agriculture), by Application (Rubber, Personal Care, Food, Battery Separator, Coating & Inks, Adhesives & Sealants), & by Region - Global Forecast to 2021"

To Purchase Report@ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=248726425

Automobile is the fastest-growing end-use industry segment of the global precipitated silica market
Automobile end-use industry segment contributed the largest share to the precipitated silica market, by end-use industry in 2015, and is projected to be the fastest-growing end-use industry segment from 2016 to 2021. This growth can be mainly attributed to the increased demand of precipitated silica from the automotive tire industry, as precipitated silica provides enhanced properties to the tire such as reduced rolling resistance, increased traction, and high wear resistance.

Rubber was the fastest-growing application segment of the global precipitated silica market
Rubber segment contributed the largest share to the precipitated silica market, by application in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be attributed to the increased demand of precipitated silica in rubber products, as it acts as a reinforcing filler and increases the strength and durability of rubber.

Asia-Pacific was the largest market for global precipitated silica market in 2015
Asia-Pacific was the largest market for precipitated silica market in 2015, owing to the rise in demand of precipitated silica in this region. This increased demand can be attributed to the growing demand for automotive tires, personal care products such as toothpastes, footwear, and pesticides in the region.

China, India, and Japan are the leading countries in terms of production and consumption of precipitated silica in Asia-Pacific. Low cost of raw materials and labor as well as the high demand from end-use industries such as tires, toothpastes, and others is expected to drive the growth of the precipitated silica market in these countries.

Key players operational in the precipitated silica market include Evonik Industries AG (Germany), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Tosoh Silica Corporation (Japan), Solvay SA (Belgium), Huber Engineered Materials (U.S.) and Oriental Silica Corporation (Taiwan).

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com