The report "Precipitated Silica Market by End-Use Industry (Automobiles, Cosmetics, Electronics, Agriculture), by Application (Rubber, Personal Care, Food, Battery Separator, Coating & Inks, Adhesives & Sealants), & by Region - Global Forecast to 2021", The global precipitated silica market is projected to reach USD 2.23 Billion by 2021, at a CAGR of 9.1% from 2016 to 2021. High demand for precipitated silica from the tire and rubber products industry is expected to drive the growth of the market in near future.
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The objectives of this study are:
• To define, describe, and forecast the precipitated silica market based on end-use industry, application, and region
• To analyze and forecast the volume (kilotons) and value (USD million) of the global precipitated silica market
• To provide detailed information regarding key factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution made to the overall market
• To analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
• To forecast the market size in terms of value with respect to five main regions (along with countries), namely, Asia-Pacific, Europe, North America, Middle East & Africa, and Latin America
• To strategically profile key players and comprehensively analyze their core competencies
• To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and research & development activities (R&D) in the global precipitated silica market
Target Audience
• Precipitated Silica Producers
• Precipitated Silica Traders, Suppliers, and Distributors
• Government and Research Organizations
• Association and Industrial Bodies
• Raw Material Suppliers and Distributors
• Shipping Companies
• Industry Associations
• “This study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments”.
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Scope of the Report: This research report categorizes the global precipitated silica market on the basis of end-use industry, application, and region, forecasting revenues as well as analyzing trends in each of the submarkets.
On the basis of End-Use Industry:
• Automobile
• Cosmetics
• Electronics
• Agriculture
• Others
On the basis of Application:
• Rubber
• Personal Care
• Fishing Boats
• Food
• Coating & Inks
• Adhesives & Sealants
• Others
On the basis of Region:
• Asia-Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Asia-Pacific accounted for the largest share of the global precipitated silica market in 2015, and is expected to continue its dominance till 2021. China, India, Japan, and South Korea led the Asia-Pacific precipitated silica market in 2015. The precipitated silica market in China is projected to grow at the highest CAGR among all countries in Asia-Pacific between 2016 and 2021.

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The factors inhibiting the growth of the global precipitated silica market are slow economic recovery of the European countries and stringent environmental and utilization norms for precipitated silica by various governments and associations. Key market players operating in the global precipitated silica market, such as Evonik Industries AG (Germany), PPG Industries Inc. (U.S.), W.R. Grace & Co. (U.S.), Tosoh Silica Corporation (Japan), Solvay SA (Belgium), Huber Engineered Materials (U.S.), and Oriental Silica Corporation (Taiwan), among others, have adopted various strategies to increase their market shares.

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