Growth of the toothpaste industry is projected to augment the market in the near future. Precipitated silica is used as a thickening agent in toothpastes. Developing nations have witnessed growing awareness about oral hygiene. This has triggered growth of the global toothpaste market in the past few years. The trend is expected to continue during the forecast period, making the toothpaste market one of the key drivers of the precipitated silica market.
Albany, NY -- (SBWIRE) -- 03/08/2016 -- Precipitated silica is obtained from the precipitation of silicon dioxide, commonly referred as silica (SiO2). Raw materials used in the production of precipitated silica include sodium silicate, silica sand, sulfuric acid, and hydrochloric acid. It is used as an additive in the manufacture of various products such as tires, footwear, and toothpastes. Precipitated silica is employed in various applications such as rubber, personal care, agrochemicals, and others (coatings, etc.).
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This report comprises in-depth analysis and forecast of the precipitated silica market on a global as well as regional level. The report includes forecast for the period from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global precipitated silica market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. A top-down approach has been adopted to derive the regional numbers from global revenue and volume figures. Furthermore, a bottom-up approach has been employed to derive data for various application segments based on demand for precipitated silica in each geographic region. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.
Detailed analysis of various factors driving the global precipitated silica market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the precipitated silica market during the forecast period.
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This report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the precipitated silica market, from raw material suppliers to end-users. Various processes employed in the manufacture of precipitated silica have been included in the value chain analysis. Porter's Five Forces model has been used to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. It includes the market share of dominant players in 2014, based on their production capacities. Furthermore, market attractiveness analysis has been carried out to analyze applications that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each product segment.
Based on application, the precipitated silica market has been segmented into rubber, personal care, agrochemicals, and others. The report comprises detailed analysis of all the segments in the regional and global markets and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn). In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for precipitated silica in each of the application segments has been analyzed and forecast for a period of eight years.
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The report also covers profiles of leading companies in the precipitated silica market. These include Evonik Industries AG, Solvay S.A., PPG Industries, Inc., and Oriental Silicas Corporation. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section.
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