APAC Fumed Silica Market Outlook 2025

Asia-Pacific Fumed Silica Market Analysis 2014-2025
Fumed silica acts as a universal thickening agent and thus, has various applications across chemicals, food & beverage, paints & coatings, pharmaceutical and other industries. In 2019, the Asia-Pacific fumed silica market accounted for a market value of around USD 400 million and is expected to grow at a CAGR of 6.71%, over the forecast period of 2021-2025. There is a huge growth in the demand for fumed silica from the paints, coatings and inks industry on the back of its growing applications. Fumed silica is majorly used for viscosity adjustments and inducing thixotropic behavior. Fumed silica market in India is anticipated to grow up to around USD 70 million by 2025. The growing production capacity of the major paint & coating producers across the country, such as Asia Paints, Berger Paints and others, drives the demand for fumed silica in the country.
The Asia-Pacific fumed silica market is segmented by application into pharmaceutical, beauty & personal care; silicone elastomer; paints, coatings & inks; UPR; adhesives & sealants; food & beverages, and others. Out of these, the paints, coatings & inks segment accounted for the market share of around 35% in 2019 and is estimated to grow up to around USD 200 million by 2025. Fumed silica is an efficient rheology and reinforcement control additive for silicone elastomers. The adhesives & sealants segment's growth can be attributed to the growing demand for silicone rubber from tire production companies across the region. Fumed silica is used to reduce rolling resistance and wet traction of the rubber tires; this reduction in rolling resistance is estimated to boost the vehicle's fuel efficiency. Additionally, the growing demand for liquid silicone rubber, based on its unique properties such as chemical inertness and electrical resistance, is estimated to drive the demand for fumed silica across the industry.
However, threat from substitutes such as precipitated silica and growing popularity of eco-friendly products, are anticipated to hamper the growth of Asia-Pacific fumed silica market over the forecast period. The increasing popularity of eco-friendly paints and stringent government regulations for the paint composition is expected to affect the demand for fumed silica from the paints & coatings industry.
Some of the affluent industry leaders in the Asia-Pacific fumed silica market are Cabot Corporation, OCI Company Ltd., Evonik Industries AG, Tokuyama Corporation, Kemitura Group, Orisil, Hubei Xingfa Chemicals Group Co. Ltd, Henan Xunyu Chemical Co., Ltd, Wacker Chemie AG, and others.
 

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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