Albany, NY -- (SBWIRE) -- 11/06/2014 -- Precipitated silica is silica produced by reaction of acid such as sulfuric acid with alkaline silicate at elevated temperature. Sodium silicate is the most dominant alkaline silicate employed in the production of precipitated silica. The silica is produced by precipitation, in presence of reactants by stirring the solution. The properties of silica vary depending on several factors including reactants, temperature and duration of the reaction. Precipitated silica dominates the global demand for silica.

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Major application segment for precipitated silica include rubber, cosmetics, chemicals, plastic, adhesives and packaging among others. Rubber followed by chemical production dominates the global demand for precipitated silica. Major end use industries for precipitated silica include automobile, cosmetics, agriculture and electronics among others. Electronics is anticipated to be the fastest growing end use industry for precipitated silica.

Rubber is among foremost application segments for precipitated silica and the trend is expected to continue in the near future. Tire production dominates the global demand for rubber; therefore high growth in the automobile market has been among major factor driving demand for precipitated silica. High growth in global electronic market driven by increasing demand for consumer electronics is anticipated to drive demand for precipitated silica during the forecast period. High growth in personal care and cosmetics market is also anticipated to be among major factors driving demand for precipitated silica. The environmental hazards associated with production of precipitated silica have led to increase in the government regulations in the market. The environmental regulations are among major factors restraining demand for precipitated silica. High growth in coatings market is anticipated to offer huge growth opportunity for precipitated silica market.

Growth in manufacturing industry and high GDP growth in the emerging economies of India and China has led to growth in several end user segments such as automobiles, plastics and agriculture among others. On account of which, Asia Pacific has been dominating the global precipitated silica market both in terms of production and consumption and this trend is expected to continue during the forecast period. In 2013, North America was the second largest market for precipitated silica. Moreover, demand for precipitated silica in North America is anticipated to grow at a sluggish rate primarily owing to market saturation in several end use industries includes including automobiles and plastic among others. Increasing environmental regulations is anticipated to restrain demand for precipitated silica in North America and Europe. However, reviving demand for automobile in Europe is anticipated to boost precipitated silica market growth. High growth in the developing economies of South America and Africa is expected to drive demand for precipitated silica in the RoW region. RoW is anticipated to be the fastest growing region for precipitated silica market for the next six years.

Precipitated silica market is fragmented and major portion of the global market share is constituted by regional players. Therefore, precipitated silica market has high price sensitivity. Moreover low capital investment has increased the threat of new entrants in the market mainly in the developing economies. There has been surge in investment by major players in the emerging economies.

Some of the major players in the precipitated silica market include Akzo Nobel NV, Bayer AG, Cabot Microelectronics Corporation, DuPont (EI) de Nemours, Fuji Silysia Chemical Limited, Multisorb Technologies Inc, Huber (JM) Corporation, Industrias Quimicas del Ebro SA, Nalco Holding Company, Nissan Chemical Industries Limited among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include:

- North America
- Asia Pacific
- Europe
- Rest of the World

This report provides comprehensive analysis of:

- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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