Global Fumed Silica Market: Market Analysis by Knowledge Sourcing Intelligence
Global fumed silica market is projected to witness a compound annual growth rate of 6.75% during the forecast period, reaching a total market size of US$2,041.230 Million in 20223 from US$1,379.382 Million in 2017. Fumed silica has two primary functions: First, include the increase in strength of various materials and the second consists of rheology control which helps in tailoring the viscosity of the system according to the customer’s needs. Fumed silica serves as a universal thickening agent, it also serves as a desiccant, thus aids in the removal of humidity and provides protection against moisture. This property of fumed silica is extensively utilized in paints, coatings and laminating applications. Sample view of Global Fumed Silica Market Forecast, US$ Million, 2017 To 2023 Global F umed Silica Market by End-use Industry: By end-use industry , the global fumed silica market is segmented as Construction, Automotive, Cosmetics, Paints and Coatin...