Colloidal Silica Market Segmentation by Type (Alkaline, Acidic, Modified, and Ordinary Colloidal Silica); by End-Use Application (Electronics & Semiconductor, Paints & Coating, Investment Casting, Building & Construction, Pulp & Paper, Metals & Metallurgy, Textile & Fabrics, and Others)-Global Demand Analysis & Opportunity Outlook 2022-2031

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    21 Oct 2022
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Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.



The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.

With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.

Market Overview:

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Global Colloidal Silica Market Highlights Over 2022 - 2031

The global colloidal silica market is estimated to garner a revenue of USD 1558.8 Million by 2031 by growing at a CAGR 4.5% over the forecast period, i.e., 2022 – 2031. Moreover, the market garnered a revenue of USD 1001.1 Million in the year 2021. The growth of the market can be attributed to growing construction industry worldwide, and for the rising demand for the product amongst the end-users. Globally, the construction costs are expected to rise by around 5% on average. Moreover, in the year 2018, the construction spending worldwide in the private sector recorded close to USD 990 Billion, representing about 77% of overall construction spending. Besides this, the single-family residential construction spending was estimated to be around USD 270 Billion in the same year. Colloidal silica is used for the densification of concrete, cement and other construction materials. The preference for the product in the construction industry is primarily owing to the improved surface friction and anti-slip properties of the product and for enhancing strength when used in mortar and concrete.


Colloidal Silica Market




The growth of the market can also be attributed to the increasing use of the product for investment casting. Colloidal silica provides a very safe, economical, and easy-to-use slurry component, having an excellent capability to perform as a primary/backup slurry. Moreover, the system made with the product is highly stable, and hence it is used in casting metal. In addition to this, the growing use of colloidal silica in the automotive, textile, and electronics industries, along with the use of the product in the manufacturing of different personal care products, are also projected to drive the market growth in the coming years.

Global Colloidal Silica Market Regional Synopsis

Regionally, the global colloidal silica market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific is anticipated to garner the largest revenue of USD 674.2 Million by the end of 2031, up from a revenue of USD 411.0 Million in the year 2021. One of the major factors anticipated to contribute to the growth of the market is the increasing construction of both commercial and residential buildings in countries, such as China, India, Japan, and Australia among others. Besides this, the region also consists of numerous end-use industries that use colloidal silica in their manufacturing processes, which is also projected to drive the market growth. In addition to this, the increasing commercial activities in the countries in the region, along with the growing GDP are also projected to boost the market growth in the coming years in the Asia Pacific. According to the statistics by the World Bank, the GDP (in current US$) in China, Japan, and India grew from USD 11.062 Trillion, USD 4.445 Trillion, and USD 2.104 Trillion in the year 2015 respectively to USD 14.28 Trillion, USD 5.149 Trillion, and USD 2.871 Trillion in the year 2019 respectively. The market in the region is further segmented by country into China, Japan, India, South Korea, Australia, Singapore, and the Rest of Asia Pacific. The market in China is anticipated to garner the largest revenue of USD 339.1 Million by the end of 2031, up from a revenue of USD 212.1 Million in the year 2021.

Growth Drivers and Challenges Impacting the Growth of the Global Colloidal Silica Market

Growth Drivers

  • Increasing Use of Colloidal Silica for Investment Casting

  • Rising Demand for the Product from End-Use Industries


  • High Price Volatility of the Raw Materials Used in the Manufacturing of the Product

  • Stringent Regulations & Policies Associated with the Use of the Product

Global Colloidal Silica Market Segmentation Synopsis

The global colloidal silica market is segmented by type into alkaline, acidic, modified, and ordinary colloidal silica. Out of these, the alkaline colloidal silica segment is anticipated to garner the largest revenue of USD 658.8 Million by the end of 2031, up from a revenue of USD 430.4 Million in the year 2021. By end-use application, the market is segmented into electronics & semiconductor, paints & coating, investment casting, building & construction, pulp & paper, metals & metallurgy, textile & fabrics, and others. Out of these, the investment casting segment is projected to garner the second-largest revenue of USD 311.2 Million by the end of 2031, up from a revenue of USD 198.5 Million in the year 2021.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global colloidal silica market that are included in our report are Evonik Industries AG, FUSO CHEMICAL CO., LTD., Nissan Chemical Corporation, Nouryon Chemicals Holding B.V., PPG Industries, Inc., Cabot Corporation, Ecolab Inc., W.R. Grace & Co., Merck KGaA, The Dow Chemical Company, ADEKA CORPORATION, Sterling Chemicals, Zhejiang Yuda Chemical Co., Ltd., and others.

Latest Developments in the Global Colloidal Silica Market:

  • September 21st, 2021: Merck KGaA announced that it has opened a second production line in Gernsheim, Germany for silica-based effect pigments, with an investment of around USD 32.87 Million.

  • November 2nd 2021: Nouryon Chemicals Holding B.V. announced that in its colloidal silica manufacturing in Green Bay, Wisconsin, United States, the company would expand their production capacity so as to meet the needs of the end-users in the construction and packaging industry.

  • October 25th, 2021: Evonik Industries AG announced that one of its subsidiaries, DSL Japan, which is a joint venture between Evonik and Shionogi, the Japanese pharmaceutical leader, has opened a new production line for specialty silicas in Ako, Japan. This expansion of production capacity is aimed at raising the production potential by 30% for innovative, custom silica solutions.

Key Reasons to Buy Our Report

  • The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.

  • It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.

  • The report includes detailed company profiles of the major players dominating the market.

  • We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.

  • We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.

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



1.      Market Definition and Research Methodology

1.1.  Market Definition and Segmentation

1.2.Assumptions and Acronyms

1.3. Research Objective

1.4.Research Methodology

2.     Executive Summary

3.     Market Dynamics

3.1. Drivers

3.2.                     Challenges

3.3.                     Trends

3.4.                     Opportunities

4.    Regulatory & Standards Landscape

5.     Industry Risk Analysis

6.    Value Chain Analysis

7.     Industry Growth Outlook

8.    End-Use Demand Analysis

9.    Pricing Analysis

10.            Competitive Structure

10.1.                 Market Share Analysis, 2021

10.2.                Competitive Benchmarking

10.3.                Competitive Positioning

10.4.                Company Profiles

10.4.1.                      Evonik Industries AG

10.4.2.                    FUSO CHEMICAL CO., LTD.

10.4.3.                    Nissan Chemical Corporation

10.4.4.                    Nouryon Chemicals Holding B.V.

10.4.5.                     PPG Industries, Inc.

10.4.6.                    Cabot Corporation

10.4.7.                     Ecolab Inc.

10.4.8.                    W.R. Grace & Co.

10.4.9.                    Merck KGaA

10.4.10.                The Dow Chemical Company

10.4.11.                  ADEKA CORPORATION

10.4.12.                Sterling Chemicals

10.4.13.                Zhejiang Yuda Chemical Co., Ltd.

11.  Global Colloidal Silica Market

11.1.                   By Value (USD Million)

11.2.                  Market Segmentation Analysis, 2021-2031

11.2.1.                       By Type     Alkaline Colloidal Silica    Acidic Colloidal Silica    Modified Colloidal Silica    Ordinary Colloidal Silica

11.2.2.                      By End-Use Application    Electronics & Semiconductor   Paints & Coating   Investment Casting  Building & Construction   Pulp & Paper  Metals & Metallurgy   Textile & Fabrics  Others

11.2.3.                      By Region    North America   Europe   Asia Pacific  Latin America   Middle East & Africa

12. North America Colloidal Silica Market

12.1.                  By Value (USD Million)

12.2.                 Market Segmentation Analysis, 2021-2031

12.2.1.                      By Type    Alkaline Colloidal Silica   Acidic Colloidal Silica   Modified Colloidal Silica  Ordinary Colloidal Silica

12.2.2.                     By End-Use Application   Electronics & Semiconductor Paints & Coating Investment Casting Building & Construction  Pulp & Paper Metals & Metallurgy  Textile & Fabrics Others

12.2.3.                     By Country   United States Canada

13. Europe Colloidal Silica Market

13.1.                  By Value (USD Million)

13.2.                 Market Segmentation Analysis, 2021-2031

13.2.1.                      By Type

13.2.2.                     By End-Use Application

13.2.3.                     By Country   Germany France United Kingdom Italy  Spain Russia  Netherlands Rest of Europe

14.Asia Pacific Colloidal Silica Market

14.1.                  By Value (USD Million)

14.2.                 Market Segmentation Analysis, 2021-2031

14.2.1.                      By Type

14.2.2.                     By End-Use Application

14.2.3.                     By Country  China Japan India South Korea  Australia Singapore  Rest of Asia Pacific

15. Latin America Colloidal Silica Market

15.1.                  By Value (USD Million)

15.2.                 Market Segmentation Analysis, 2021-2031

15.2.1.                       By Type

15.2.2.                     By End-Use Application

15.2.3.                     By Country   Brazil  Argentina  Mexico  Rest of Latin America

16.Middle East & Africa Colloidal Silica Market

16.1.                  By Value (USD Million)

16.2.                 Market Segmentation Analysis, 2021-2031

16.2.1.                      By Type

16.2.2.                     By End-Use Application

16.2.3.                     By Country  GCC Israel South Africa Rest of Middle East & Africa

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  1. Evonik Industries AG
  3. Nissan Chemical Corporation
  4. Nouryon Chemicals Holding B.V.
  5. PPG Industries, Inc.
  6. Cabot Corporation
  7. Ecolab Inc.
  8. W.R. Grace & Co.
  9. Merck KGaA
  10. The Dow Chemical Company
  12. Sterling Chemicals
  13. Zhejiang Yuda Chemical Co., Ltd.
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