Colloidal Silica Market to Witness Growth Acceleration During 2019-2029

Posted on 2020-01-31 by Mark Hub in Chemicals // 0 Comments

Dublin, Ireland, 2020-Jan-31 — /EPR Network/ — The study on the global colloidal silica market provides granular assessments of key growth dynamics and opportunities in the market. These include a comprehensive analysis of the regulatory and strategic landscape during the historical period on the global level and across numerous regions. Fact.MR offers data-driven insights through the colloidal silica market sizing and projections of various segments—shares and size—during the forecast period. The insights offered in the report are aimed at guiding companies and players to identify new growth avenues, winning imperatives, and untapped regional markets.

Global sales of colloidal silica is estimated to surpass 403,700 tons through 2029, says the recently published report by Fact.MR. Increasing requirement for effective binders is estimated to load the dice in favor of liquid silicon dioxide applications across an umpteen number of applications, including coatings, electronics, construction, thereby creating sustained opportunities for the colloidal silica industry.

According to the research study, electrical equipment & electronics industry will continue to sustain high demand for colloidal silica, for the fact that colloidal silica plays a critical role in producing flat and uniform water surfaces during production of electronic & electrical devices.

In the making of the colloidal silica market study, the following are taken into:

History Period: 2014 – 2018
Base Period: 2014
Estimated Year: 2029
Forecast Period: 2019 – 2029

Interested market participants and readers can peruse the global market colloidal silica market report to get insights into and evaluation of:

Key growth drivers and restraints, trends and opportunities, and major challenges influencing the adoption rate of offerings by various players in the colloidal silica market
Major research and product development projects
Promising technologies and favorable regulations in key regions
Segments that will lose or gain shares in the next few years
Value chain of key vendors and manufacturers

Want to know more about the report or any specific requirement: https://www.factmr.com/connectus/sample?flag=AE&rep_id=3593

The colloidal silica market report provides estimations and the market sizing and prospects of various regions. To this end, the study makes in-depth segmentation of the following key regions:

North America (U.S., Canada)
Latin America (Brazil, Mexico)
Europe (U.K., France)
East Asia (South Korea, Japan)
South Asia (India, Thailand)

The study also takes a closer look at the prevailing regulatory and macroeconomic frameworks and in the key country markets.

Demand for colloidal silica from coating applications is also registering a significant uptick, owing to rising demand for reinforcing materials for paints and coatings. Customer desire for multipurpose coatings with vigorous physical and chemical properties is on a significant rise, which is further necessitating the adoption of colloidal silica. In addition, growing fad for customized paints and coatings is also setting an optimistic tone for adoption of colloidal silica in the coatings landscape, with global sales estimated to surpass 114, 400 tons in 2019.

According to the report, end users will continue to show high preference for acidic colloidal silica. With a market share of over 50% in 2018, acidic colloidal silica will remain the highly-preferred formulation type, owing to its exceptional stability. However, the report also finds a gradual leaning towards alkaline colloidal silica and this inclination is likely to gather significant momentum over the years.

In the immensely-competitive colloidal silica market space, a strong portfolio with high-quality offerings will continue to be key differentiating factor for the market players. According to the report, prominent manufacturers are emphasizing on product innovations and developments to sustain their foothold in the global market space. This, in turn, will set the pace for the influx of further developments and innovations well-aligned with end user requirements, thereby paving new growth avenues for the colloidal silica market through 2029.

Key players are focusing on establishment of new production and R&D facilities across multiple regions, with a sole objective of catering to regional demands and expanding their geographical reach. For instance, W. R. Grace & Co. flagged off the construction of its new colloidal silica plant at its exclusive European flagship R&D and manufacturing facility in Worms, Germany. The establishment of this new plant will amplify Grace’s technology paradigms and boost the company’s production capability & flexibility. In addition, key companies are also offering custom-made colloidal silica in line with customer requirements and specifications, which will further solidify their product portfolios.

Matched content

Editor’s pick