High demand for precipitated silica from the tire and rubber products industry is expected to drive the growth of this market

Precipitated Silica Market by End-Use Industry (Automobiles, Cosmetics, Electronics, Agriculture), by Application (Rubber, Personal Care, Food, Battery Separator, Coating & Inks, Adhesives & Sealants), & by Region - Global Forecast to 2021.

Browse 127 market data Tables and 39 Figures spread through 163 Pages and in-depth TOC on "Precipitated Silica Market”.

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Automobile is the fastest-growing end-use industry segment of the global precipitated silica market

Automobile end-use industry segment contributed the largest share to the precipitated silica market, by end-use industry in 2015, and is projected to be the fastest-growing end-use industry segment from 2016 to 2021. This growth can be mainly attributed to the increased demand of precipitated silica from the automotive tire industry, as precipitated silica provides enhanced properties to the tire such as reduced rolling resistance, increased traction, and high wear resistance.

Rubber was the fastest-growing application segment of the global precipitated silica market

Rubber segment contributed the largest share to the precipitated silica market, by application in 2015, and is projected to be the fastest-growing application segment from 2016 to 2021. This growth can be attributed to the increased demand of precipitated silica in rubber products, as it acts as a reinforcing filler and increases the strength and durability of rubber.

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Companies operating in the global precipitated silica market include Evonik Industries AG (Germany), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Tosoh Silica Corporation (Japan), Solvay SA (Belgium), Huber Engineered Materials (U.S.), and Oriental Silica Corporation (Taiwan), among others.

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