Global fumed silica market forecast at $2.7 billion by 2030

Pune, India – The Worldwide Fumed Silica Market Size is expected to reach USD 2,708 Million by 2030, at a CAGR of 6% during the forecast period 2022 to 2030. The fumed silica market has grown because it is extremely adaptable and can be used in both consumer and industrial goods according to Spherical Insights.

Fumed silica is a type of silica that contains minute droplets of amorphous silica. It is frequently used as a thickening and anti-caking agent in powders worldwide. It is also known as pyrogenic silica in many different industries, including coatings, paints, adhesives, sealants, cosmetics, plastics, and unsaturated polyester resins. The paint and coating industries also utilize fumed silica as an anti-settling agent. The increased R&D activities on novel products made from fumed silica have significantly impacted market growth. Following this, the cost-effectiveness of fumed silica compared to precipitated silica is also essential in encouraging the market’s expansion throughout the forecast period.

Additionally, the rapid transition to bio-based products brought on by environmental concerns, the rising demand for cosmetics and personal care items, positive trends in the building and construction industry, changes in government regulations, and upcoming initiatives for water and wastewater treatment are all contributing to the market growth for fumed silica. In addition, the growing demand for better pharmaceutical production methods is the primary driver of the market’s expansion. The distinctive feature of fumed silica is that it is composed of tiny amorphous silica droplets.

They are well-regarded in adhesives, toners, cosmetics, sealants, inks, deformers, and other items. This explains both the demand for and the growth potential of the linked products in the fumed silica market.