Precipited Silica Industry 2019 Market Size, Share, Growth, Key Player and Emerging Trend Analysis and 2023 Forecast Report
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Precipited Silica Market 2019-2023 Precipited Silica Market Revenue Global Share, Size, Top Manufacturers, Cost Structure, Business Challenges, Future Challenges and Forecast 2023 Precipitated Silica Market Overview: Precipitated Silica market is predicted to witness strong growth on account of its profound usage in rubber, pharmaceutical, oral health care, food & beverages, and others. Increasing use of these product in rubber application owing to excellent properties such as superior tensile strength and abrasion resistance is estimated to propel the demand over the forecast period.
It is generally used in the production of toothpaste wherein it act as whitening and cleaning agent. It is used as abrasive cleaners and thickeners due to maximum fluoride compatibility. Growth of global Precipitated Silica market is predominantly driven by automotive industry. Furthermore, rubber industry is predicted to witness significant growth due to numerous factors such as increasing population, growing per capita disposable income, and changing consumer trends. Rubber application segment accounted for the largest market share due to wide utilization in automotive & transportation industry. Moreover, rising application scope in production of conveyor belts, transmission belts, silicon tubes, and PVS sheets have positive influence on market growth.
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Precipited Silica Market 2019
Key Players for Precipited Silica Market: • Evonik Industries AG • Solvay S.A • Tosoh Silica Corporation • PPG industries
• Zheng Yuan Chemical • Oriental Silicas Corporation • W.R. Grace & Co • Huber Engineered Materials • Anten Chemical
• Madhu Silicate
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Precipited Silica Market 2019
Industry/ Innovation/ Related News: June 2017- The European Commission approved acquisition of Huber Silica by Evonik Industries. With this acquisition Evonik Industries will expand its presence in Europe and the Middle East and Africa. March 2017- PPG Industries made an agreement with KRAHN CHEMIE for the distribution of precipitated silica products in Poland. With this agreement, the company strengthen its position in the distribution network in Poland. February 2017- AksharChem India Ltd announced to invest INR 65 Crores to expand its portfolio of inorganic product such as precipitated silica. With this expansion company will be able to supply more to end use industries such as Rubber, Tyre, and Food.
May 2017- Tata Chemicals acquired precipitated silica operation from Unnati inorganics Private Limited. The company take over the operation at existing production site in Dahej which will manufacture highly dispersible silica (HDS). This acquisition represent a value addition to company’s specialty chemical business. August 2016- Huber Engineered Material announced to expand its commercial manufacturing capacity of precipitated spherical silica at its Finland, manufacturing facility. This expansion will help the company in the business growth of the silica and silicates across the globe.
January 2016- PPG Industries increased precipitated silica manufacturing capacity at its Louisiana, production plant by more than 10,000 tons per annum. With this expansion, the company will be able to meet the growing demand for their products among the major strategic customers and target segments in U.S. View Full Report Summary and Details Related to Table of Contents @ https://www.marketresearchfuture.com/reports/precipitated-silica-market-2000
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Precipited Silica Market 2019
Competitive Landscapes: The Precipitated Silica report analyses the degree of competition among the key manufacturers as well as industry growth and market scenario. The global Precipitated Silica market consist of various players operating in the market including large scale and medium size producers. The key market players operating in the global precipitated silica are competing amongst each other in terms of product differentiation. Competition in the market is predicted to stay moderate in the upcoming years on account of revision of emission norms.
Moreover, the company is focusing on enhancing their product portfolio by strategic acquisition and mergers, joint ventures, and exclusive agreements. Some of the companies are expanding their production capacity to raise the circulation of products. Intended Audience: Supplier and traders of precipitated silica Manufacturers of precipitated silica
Rubber manufacturers. Research Institute / Education Institute. Potential Investors. Key executive (CEO and COO) and strategy growth manager. 5
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