Fumed Silica Market | Exactitude Consultancy Reports

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Fumed Silica Market Overview
The Fumed Silica Market is expected to grow at 7.46% CAGR from 2022 to 2029. It is expected to reach above USD 3540 million by 2029.

The market for fused silica is primarily driven by the paints and coatings sector and its affordability. The market’s prediction would be hampered by a lack of awareness combined with the availability of biogenic fumed silica as a replacement. The market is expanding as a result of increased demand for water-based coatings and booming need for lubricants for industrial applications.
Segment Analysis
The fumed silica market is segmented based on type, application and region, global trends and forecast.

By type, the market is bifurcated into Hydrophobic, Hydrophilic. By Application (Paints and Coatings, Adhesive and Sealants, Pharmaceuticals, Personal Care, Food and Beverages, Gel Batteries, Lighting) and Region, Global trends and forecast.

Hydrophilic and hydrophobic are type segment of fumed silica market. hydrophilic fumed silica segment is leading the market by type segment. Hydrophobic segment is expected to grow at a high cagr during the forecast period. water-repellent properties of hydrophobic fumed silica have resulted into its increased use as anti-corrosive applications.

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