In terms of value, the market is expected to register a CAGR of 6.9% during the forecast period (2015–2025). This report provides market dynamics and trends of all seven regions that influence the current nature and future status of the specialty silica market over the forecast period.
Albany, NY -- (SBWIRE) -- 12/06/2016 -- Rubber application of specialty silica in products such as tyres and mechanical rubber goods are experiencing robust growth in demand. The rubber application segment is expected to witness robust growth during the forecast period. In recent years, increasing demand for green tyres (use of specialty silica instead of carbon black), due to increased fuel efficiency has resulted in growing demand for specialty silica products.
In the next section, FMI covers the specialty silica market in terms of value and volume split, since this is detrimental to growth of the specialty silica market. This section also includes FMI analysis of key trends, drivers and restraints from the supply, economic and demand side which are currently influencing the specialty silica market. Impact analysis of key growth drivers and restraints based on weighted average model is included in the report to better equip clients with crystal clear decision making insights.
As highlighted earlier, the specialty silica market is an aggregation of products (precipitated silica, fumed silica, fused silica, colloidal silica and silica gel), applications (rubber, plastic, ink and coatings, agriculture and feed, food and beverages, personal care, electrical & electronics and others). All these segments are included in this section to make the study more comprehensive.
The next section of the report highlights specialty silica adoption across regions. It provides a market outlook for 2015–2025 and sets the forecast within the context of the specialty silica market.
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This study analyses key regional trends contributing to growth of the specialty silica market on regional basis and also analysis of the degree to which global drivers impact the regions. Key regions assessed in this report are North America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan (isolated), Latin America and Middle East & Africa.
All the above sections, by application, product and region, evaluate the present scenario and growth prospects of the specialty silica market for the period 2015–2025. We have considered 2014 as the base year and provided data for the trailing 12 months.
To calculate the specialty silica market size, we have considered revenue generated from the sales of various product types. The forecast presented here assesses the total revenue by both value and volume across the specialty silica market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how the specialty silica market is expected to develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analysis, based on supply side, consumer spending and economic envelope. However, forecasting the market in terms of various specialty silica applications, verticals uptake and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.
It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse it on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the specialty silica market.
As previously highlighted, the specialty silica market is split into a number of sub categories. All the specialty silica sub-categories in terms of technology, region and verticals are analysed in terms of Basis Point Share to understand individual segments' relative contributions to market growth. This detailed level of information is important for identification of various key trends in the specialty silica market.
Also, another key feature of this report is the analysis of all key specialty silica segments, sub-segments, regional adoption and verticals revenue forecast in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the specialty silica market.
Furthermore, to understand key growth segments in terms of growth & adoption of specialty silica technology and regions, Future Market Insights developed the Specialty Silica Market Attractiveness Index. The resulting index should help providers identify real market opportunities.
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In the final section of the report, specialty silica competitive landscape is included to provide report audiences with a Dashboard View, based on categories of providers in the value chain, presence in specialty silica product portfolio and key differentiators. This section is primarily designed to provide clients with an objective & detailed comparative assessment of key providers specific to a market segment in the specialty silica value chain. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and success in the specialty silica market.
Detailed profiles of the providers are also included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the specialty silica space. Key competitors covered are Evonik AG, PPG Industries, Nalco Holdings, Cabot Corporation, Qingdao Makall Group Inc. Wacker Chemie and Akzo Nobel N.V.
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