India to Register the Highest CAGR in Asia-Pacific in Fumed Silica Market 2022Posted by RahulSharma on November 19th, 2019 The Fumed Silica Market is projected to reach USD 2.26 Billion by 2022, at a CAGR of 7.1% from 2017 to 2022. Browse 80 market data tables and 56 figures spread through 197 pages and in-depth TOC on "Fumed Silica Market by Type (Hydrophilic, Hydrophobic), Application (Paints & Coatings and Inks, Adhesives & Sealants, Pharmaceuticals, UPR, Gel Batteries, Lighting), and Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022". Based on type, the fumed silica market has been categorized into hydrophilic and hydrophobic. The hydrophilic fumed silica segment is the largest type segment of the market both, in terms of volume and value. The hydrophobic segment is expected to grow at the highest CAGR during the forecast period, in terms of volume. This growth is mainly attributed to the water-repellent properties of hydrophobic fumed silica, which makes it one of the best materials utilized for anti-corrosive applications. Based on application, the fumed silica market has been segmented into paints & coatings and inks, adhesives & sealants, pharmaceuticals, UPR, gel batteries, and lighting, among others. The growth of the paints & coatings application segment of the market is primarily driven by the rising demand for water-based paints & coatings from the architectural and industrial applications. North America, Asia-Pacific, and Europe are key regions in the fumed silica market. The market in the Asia-Pacific region is anticipated to grow at the highest CAGR between 2017 and 2022, in terms of value and volume. This growth is mainly attributed to the increasing usage of fumed silica in paints & coatings, adhesives & sealants, UPR, and gel batteries applications. Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=103347608 Key players operating in the fumed silica market include Evonik Industries (Germany), Cabot Corporation (U.S.), Wacker Chemie AG (Germany), Tokuyama Corporation (Japan), Cargill, Inc. (U.S.), China National Bluestar (Group) Co., Ltd. (China), Applied Material Solutions, Inc. (U.S.), Chifeng Shengsen Silicon Technology Development Co., Ltd. (China), Kemitura A/S (Denmark), and Orisil (Ukraine). 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. 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 MarketsandMarkets™:
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