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Global fumed silica sales are likely to surpass 335,000 metric tons in 2018

  11/8/2018 - Rockville, MD - Global fumed silica sales are likely to surpass 335,000 metric tons in 2018, up from 323,733 metric tons in 2017, according to a new Fact.MR study. Gains will be driven by sustained demand in end-use industries such as printing inks, paints, coatings and adhesives. Increasing demand for water-based coatings and paints for industrial and architectural application continues to be a driver for the market. Fumed silica is used on a large scale in paints and coatings to prevent corrosion and rust. Moreover, demand for silicone rubber is increasing in the automotive sector to improve fuel efficiency, thereby accelerating the growth of the fumed silica market. Manufacturers are introducing new manufacturing processes and technologies to reduce the production time and cost. For instance, Evonik's new fumed silica manufacturing process allows coating and paint manufacturers to eliminate the bead milling process. This results in reduced time, machine usage and costs for the end-use industry. The demand for hydrophobic fumed silica is likely to grow at a significant rate in the future. Owing to the low cost and excellent properties, hydrophobic fumed silica is increasingly used across various industries. Hydrophobic fumed silica is finding large application in coatings, adhesives and sealants, greases, toners, and skin and personal care products. "The fumed silica market is likely to see the highest growth in the sales of hydrophobic fumed silica in the coming years. The hydrophobic fumed silica is anticipated to see a huge demand, particularly in coatings and in personal care products. The hydrophobic fumed silica is likely to exceed $500 million by 2018's end," according to a senior analyst at Fact.MR. With the increasing demand for hydrophobic fumed silica in different industries, manufacturers are focusing on offering better products and also expanding their business. For example, Evonik Industries, one of the leading players in the fumed silica market, is expanding its hydrophobic fumed silica capacities in Rheinfelden, Germany. Adding 20 percent additional capacity, the expansion will become operational by the end of 2020. Silicone rubber is used in various industries, including construction, electronics, adhesives and sealants. Hence, with the increasing production of silicone rubber, the demand for fumed silica is also rising. Moreover, silicone rubber is also finding large application in the automotive industry to enhance fuel efficiency and reduce emissions. Meanwhile, the automotive sector is also using liquid silicone rubber, particularly in windshield wiper blades to ensure flexibility and extend their life. With the increasing use of liquid silicone rubber in wearables and medical devices, manufacturers in the fumed silica market are focusing on designing high-structure and high-surface-area fumed silicone, especially for liquid silicone rubber. North America is projected to dominate the fumed silica market. With the presence of major manufacturers and the opening of new production facilities in the region, the fumed silica market is flourishing in North America. For instance, Cabot Corporation, a major manufacturer of fumed silica, has planned to build a new fumed silica plant in Carrollton. This new plant will enable the company to meet the growing demand for fumed silica in various industries. Meanwhile, the fumed silica market in China is also likely to see robust growth due to the rise in the application of paints and coatings.

Monday, March 25, 2019

Rubber Division, ACS now offering all training courses remotely - click to expand

GM to invest $300 million, add 400 jobs at Michigan plant for new Chevrolet electric vehicle - click to expand

Birla Carbon to increase base prices for all carbon black markets in North America - click to expand

Davis-Standard¹s global converting platform featured at ICE USA - click to expand

Global market for stabilizers forecast to reach $5.5 billion by 2025 - click to expand

Friday, March 22, 2019

TA Instruments introduces new Rheo-Raman accessory for the Discovery hybrid rheometer - click to expand

ARPM announces Innovation Symposium on April 18 - click to expand

YourMechanic adds Goodyear.com for tire sales and installation services - click to expand

Adhesive tapes market projected to reach $69 billion by 2022 - click to expand

Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman - click to expand

Thursday, March 21, 2019

Plastics & Rubber Technology Conference calls for abstracts - click to expand

Ace Products & Consulting hires business manager - click to expand

Yokohama Tire's mobile tire specs app for dealers wins iF Design award - click to expand

Global thermoplastic elastomers market size is forecast at $27.8 billion by 2026 - click to expand

TA Instruments analyzer tests for mechanical behavior of materials - click to expand

Wednesday, March 20, 2019

Southeast Asia tire market projected to grow at a CAGR of over 7.5 percent through 2024 - click to expand

U.S. market for low rolling resistance tires forecast with a CAGR of 10.8 percent through 2028 - click to expand

Michelin launches Agilis CrossClimate tire for small business owners and commercial fleets - click to expand

Firestone Liberia to shed 800 jobs by April 2019 - click to expand

Safic-Alcan acquires Langley-Smith & Company - click to expand

Tuesday, March 19, 2019

Cooper launches new long haul steer tire as part of its PRO Series commercial line - click to expand

Kraton to build Cariflex semi works latex unit in Brazil - click to expand

Mitsui Chemicals pursues applications for temperature-sensitive elastomer - click to expand

Nitrile butadiene rubber latex market forecast at $2.4 billion by 2025 - click to expand

Hankook Tire adds Nissan Altima to growing original equipment portfolio - click to expand

Monday, March 18, 2019

Cabot announces feedstock surcharge for all carbon black products sold in North America - click to expand

Continental announces largest organizational change in company history - click to expand

Global silane and silicone market was estimated at $14.4 billion in 2017 and is expected to hit $22.03 billion in 2025 - click to expand

Trinseo hosts one-day process safety workshop for undergraduate chemical engineering students in China - click to expand

Global mold release market forecast with a CAGR of 5.7 percent through 2023 - click to expand

Market Reports

Global automotive tire market forecast to grow with a CAGR of 6.3% through 2027 - click to expand

Global nitrile gloves market is expected to reach $3.30 billion by 2026 - click to expand

The synthetic latex polymers market is projected to grow at a CAGR of 5.41% through 2024 - click to expand

Global market for stabilizers forecast to reach $5.5 billion by 2025 - click to expand

Adhesive tapes market projected to reach $69 Billion by 2022 - click to expand

Global thermoplastic elastomers market size is forecast at $27.8 billion by 2026 - click to expand

The U.S. market for low rolling resistance tires forecast with a CAGR of 10.8% through 2028 - click to expand

South East Asia tire market is projected to grow at a CAGR of over 7.5% through 2024 - click to expand

Global silane and silicone market was estimated at $14.4 billion in 2017 and is expected to hit $22.03 billion in 2025 - click to expand

Nitrile butadiene rubber latex market forecast at $2.4 billion by 2025 - click to expand

Global mold release market forecast with a CAGR of 5.7% through 2023 - click to expand

Global anti-tack agents market to reach $437.9 million by 2023 - click to expand

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