Precipitated Silica Market is projected to reach USD 2.23 billion by 2021, at a CAGR of 9.1% between 2016 and 2021. High demand of precipitated silica from the tire and rubber product industry is propelling the growth of this market.
Complete report on Precipitated Silica Market spread across 163 pages, profiling 11 companies and supported with 127 tables and 39 figures is now available at http://www.rnrmarketresearch.com/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-st-to-2021-market-report.html .
There is an increased demand for precipitated silica for tires, belts, hoses and tubes of automobiles, as precipitated silica provides enhanced properties such as reduced rolling resistance, increased traction, and high wear resistance to tires and high durability and strength to hoses, tubes, and others. The increasing usage of precipitated silica in automobile tires is expected to contribute towards the growth of automobile end-use segment of the global precipitated silica market during the forecast period.

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There is an increased demand for precipitated silica in automotive tires and other rubber products such as hoses, tubes, conveyor belts, footwear, and so on as it provides enhanced properties such as high durability, strength, and high wear resistance. Thus, the growing usage of precipitated silica in tires and other rubber products is expected to contribute towards the growth of the rubber application segment of the global precipitated silica market during the forecast period.
This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (55%); Tier 2 (20%) and Tier 3 (25%) companies were contacted for interviews. The interviews were conducted with various key people such as C level (75%) and Managers level (25%) from various key organizations. The primary interviews were conducted worldwide covering regions such as Asia-Pacific (30%), Europe (20%), North America (10%), Latin America (20%) and Middle East & Africa (20%).
Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by different market players, 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).
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
On a related note, another research titled with Silica Fume Market by Application (Building Construction, Marine Structure Construction, Oil & Gas Well Grouting, Nuclear Power Plant Construction, Chemical Production Facilities Construction, by Geography (Middle East and Africa, North America, Asia-Pacific, South And Central America) — Global Analysis and Forecast to 2020. Now available at http://www.rnrmarketresearch.com/silica-fume-market-by-application-building-construction-marine-structure-construction-oil-gas-well-grouting-nuclear-power-plant-construction-chemical-production-facilities-construction-by-geography-middle-east-and-africa-nort-market-report.html .
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