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The chief application of hydrated silica is as a thickener in the production of toothpaste, as well as a whitening and cleaning agent. Hence, it is driven largely by the demand in the oral care industry. Meanwhile, the global market for precipitated silica is being driven by the growth in the rubber industry due to its application in the manufacture of high-performance rubber products such as tyres, fittings, and seals. The demand for these products is increasing steadily, especially in the automotive industry. There is expected to be an increase in demand for both precipitated and hydrated silica due to their applications as anti-caking agents, thickeners, and absorbents in the pharmaceuticals industry, which is seeing a surge in growth due to the COVID-19 pandemic. The growth in the FMCG sector has transferred to several industries that utilise both these chemicals as raw materials in the production process, thus, aiding the global precipitated and hydrated silica industry growth.
In late 2020, PPG Industries Inc presented an exhibit at the International Elastomer Conference at the Huntington Convention Center on the use of pre-treated silica in industrial rubber compounds, indicating the company’s interests in increasing their capacity for precipitated and hydrated silica. In February 2021, PPG Industries signed on KRAHN Chemie Benelux as a new distributor for precipitated silica, primarily for application in inks and paint coatings. This step was taken in order to meet the increasing demand for precipitated silica in the paint and ink industry. Moreover, Evonik Industries (OTCMKTS: EVKIF), one of the leading silica suppliers, began its plan to increase precipitated silica production capacity by an additional 40,000 tons in 2018 in order to keep up with the growth of the European market for these materials. The increase in the use of cosmetics by consumers led Evonik to expand its product portfolio in 2020 to include silica materials as replacements for microplastics in the growing cosmetics industry, a move that is expected to correspondingly drive growth for the precipitated and hydrated silica market.
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The major players in the global precipitated and silica market are PPG Industries Inc, Evonik Industries A.G., Alban Muller, Oriental Silicas Corporation, and Solvay Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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