The South America colloidal silica market is expected to grow from US$ 30,468.13 thousand in 2021 to US$ 41,478.66 thousand by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.
Major market players are consistently working on developing specialized forms of colloidal silica to suit various applications. For instance, Evonik Silica offers a specifically granulated hydrophilic fumed silica called AEROPERL. The material has applications in thermal isolation. The chemical's high purity and inert nature make it ideal for other applications such as agriculture and catalysts. The material is also a good filler and carrier for personal care products. Key market players develop colloidal silica as per the requirement for tailored functionalities. The most prominent trend in the colloidal silica market is the increasing efficiency in high-demanding applications, including high-value-added applications. Novel engineered systems and materials fulfill the high-performance requirements. So, the increasing product innovation is expected to fuel the market growth across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America colloidal silica market. The South America colloidal silica market is expected to grow at a good CAGR during the forecast period.
Exhibit: South America Colloidal Silica (US$ Thousand)
Cabot Corporation; Ecolab; Evonik Industries AG; Jinan Yinfeng Silicon Products Co., Ltd.; MERCK KGaA; Nissan Chemical Corporation; Nouryon; The Dow Chemical Company; and Zhejiang Yuda Chemical Co., Ltd. are among the leading companies in the SAM colloidal silica market.
Major market players are consistently working on developing specialized forms of colloidal silica to suit various applications. For instance, Evonik Silica offers a specifically granulated hydrophilic fumed silica called AEROPERL. The material has applications in thermal isolation. The chemical's high purity and inert nature make it ideal for other applications such as agriculture and catalysts. The material is also a good filler and carrier for personal care products. Key market players develop colloidal silica as per the requirement for tailored functionalities. The most prominent trend in the colloidal silica market is the increasing efficiency in high-demanding applications, including high-value-added applications. Novel engineered systems and materials fulfill the high-performance requirements. So, the increasing product innovation is expected to fuel the market growth across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America colloidal silica market. The South America colloidal silica market is expected to grow at a good CAGR during the forecast period.
Exhibit: South America Colloidal Silica (US$ Thousand)
South America Colloidal Silica Market Segmentation
The South America colloidal silica market is segmented based on product type, application, and country. Based on product type, the market is segmented into alkaline, acidic, modified, and ordinary. The alkaline segment dominated the market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on application, the market is segmented into pulp and paper, building and construction, paints and coatings, electronics and semiconductors, pharmaceuticals, investment casting, and others. The investment casting segment dominated the market in 2020, and the pulp and paper segment is expected to be the fastest-growing segment during the forecast period. Based on country, the South America colloidal silica market has been segmented into Brazil, Argentina, and the Rest of South America.Cabot Corporation; Ecolab; Evonik Industries AG; Jinan Yinfeng Silicon Products Co., Ltd.; MERCK KGaA; Nissan Chemical Corporation; Nouryon; The Dow Chemical Company; and Zhejiang Yuda Chemical Co., Ltd. are among the leading companies in the SAM colloidal silica market.
Table of Contents
1. Introduction
3. Research Methodology
4. SAM Colloidal Silica Market Landscape
5. SAM Colloidal Silica Market - Key Market Dynamics
6. Colloidal Silica Market - SAM Analysis
7. SAM Colloidal Silica Market Analysis - By Product Type
8. SAM Colloidal Silica Market Analysis - By Application
9. SAM Colloidal Silica Market - Country Analysis
10. Company Profiles
11. Appendix
List of Figures
List of Tables
Companies Mentioned
- Cabot Corporation
- Ecolab
- Evonik Industries AG
- Jinan Yinfeng Silicon Products Co., Ltd.
- MERCK KGaA
- Nissan Chemical Corporation
- Nouryon
- The Dow Chemical Company
- Zhejiang Yuda Chemical Co.,Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | August 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 30468.13 Million |
| Forecasted Market Value ( USD | $ 41478.66 Million |
| Compound Annual Growth Rate | 4.5% |
| No. of Companies Mentioned | 9 |
