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Specialty Silica Market – Poised To Expand At A Robust Pace By 2024

The global specialty silica market shows a consolidated market as it is confined with limited number of players. The dominant players hold 50% of the market value, as analyzed by Transparency Market Research (TMR). Some of the key players dominating the specialty silica market are Huber Engineered Materials, Cabot Corporation, Evonik Industries AG, Akzo Nobel N.V., Wacker Chemie AG, Tokuyama Corporation, PPG Industries, Inc., Solvay S.A., and W. R. Grace & Co. The report throws light on the growth indicators for the forecast period between 2016 to 2024. During this tenure, the market is expected to reach a valuation of US$ 7.32 bn which was US$ 4.62 bn in 2016. The CAGR of this period is estimated to grow at a steady 5.9%. The rubber segment under the application category where footwear, tires, and industrial tools are being widely used is projected to dominate the market during the forecast period. Regionally, the market in Asia Pacific is expected to boost the specialty si...
The  global specialty silica market  shows a consolidated market as it is confined with limited number of players. The dominant players hold 50% of the market value, as analyzed by Transparency Market Research (TMR). Some of the key players dominating the specialty silica market are Huber Engineered Materials, Cabot Corporation, Evonik Industries AG, Akzo Nobel N.V., Wacker Chemie AG, Tokuyama Corporation, PPG Industries, Inc., Solvay S.A., and W. R. Grace & Co. The report throws light on the growth indicators for the forecast period between 2016 to 2024. During this tenure, the market is expected to reach a valuation of US$ 7.32 bn which was US$ 4.62 bn in 2016. The CAGR of this period is estimated to grow at a steady 5.9%. The rubber segment under the application category where footwear, tires, and industrial tools are being widely used is projected to dominate the market during the forecast period. Regionally, the market in Asia Pacific is expected to boost the spec...