The global colloidal silica market is anticipated to grow with a CAGR of 4.5% during the forecast period, i.e., 2022-2031. Factors such as the rising use of the product for investment casting, growing demand for the product from different end-use industries, such as, automotive, electronics, and others, are anticipated to drive the market growth in the coming years. Additionally, factors such as the growing use of colloidal silica in the construction industry, backed by the fact that these compounds densify the concrete, cement and other construction materials, are also projected to boost the market growth in the coming years. The global colloidal silica market is estimated to garner a revenue of close to USD 1560 Million by 2031, up from a revenue of more than USD 1000 Million in the year 2021.
The global colloidal silica market is segmented by numerous segments, which include segmentation by type, end-use application, and by region. Based on type, the market is segmented into alkaline, acidic, modified, and ordinary colloidal silica. By the end of 2031, the alkaline colloidal silica segment is anticipated to garner the largest revenue of near to USD 660 Million, up from a revenue of about USD 430 Million in the year 2021.
On the basis of region, the global colloidal silica market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. By the end of 2031, the market in the Asia Pacific is projected to generate the largest revenue of around USD 670 Million, up from a revenue of about USD 410 Million in the year 2021.
Some of the prominent industry leaders in the global colloidal silica market that are included in our report are Evonik Industries AG, FUSO CHEMICAL CO., LTD., Nissan Chemical Corporation, Nouryon Chemicals Holding B.V., PPG Industries, Inc., Cabot Corporation, Ecolab Inc., W.R. Grace & Co., Merck KGaA, The Dow Chemical Company, ADEKA CORPORATION, Sterling Chemicals, Zhejiang Yuda Chemical Co., Ltd., and others.
The global colloidal silica market is segmented by numerous segments, which include segmentation by type, end-use application, and by region. Based on type, the market is segmented into alkaline, acidic, modified, and ordinary colloidal silica. By the end of 2031, the alkaline colloidal silica segment is anticipated to garner the largest revenue of near to USD 660 Million, up from a revenue of about USD 430 Million in the year 2021.
On the basis of region, the global colloidal silica market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. By the end of 2031, the market in the Asia Pacific is projected to generate the largest revenue of around USD 670 Million, up from a revenue of about USD 410 Million in the year 2021.
Some of the prominent industry leaders in the global colloidal silica market that are included in our report are Evonik Industries AG, FUSO CHEMICAL CO., LTD., Nissan Chemical Corporation, Nouryon Chemicals Holding B.V., PPG Industries, Inc., Cabot Corporation, Ecolab Inc., W.R. Grace & Co., Merck KGaA, The Dow Chemical Company, ADEKA CORPORATION, Sterling Chemicals, Zhejiang Yuda Chemical Co., Ltd., and others.
Table of Contents
1. Market Definition and Research Methodology
3. Market Dynamics
10. Competitive Structure
11. Global Colloidal Silica Market
12. North America Colloidal Silica Market
13. Europe Colloidal Silica Market
14. Asia Pacific Colloidal Silica Market
15. Latin America Colloidal Silica Market
16. Middle East & Africa Colloidal Silica Market
Companies Mentioned
- Evonik Industries AG
- FUSO CHEMICAL CO. Ltd.
- Nissan Chemical Corporation
- Nouryon Chemicals Holding B.V.
- PPG Industries Inc.
- Cabot Corporation
- Ecolab Inc.
- W.R. Grace & Co.
- Merck KGaA
- The Dow Chemical Company
- ADEKA CORPORATION
- Sterling Chemicals
- Zhejiang Yuda Chemical Co. Ltd.
