According to the research report titled ‘Fumed Silica Market Size, By Product (Hydrophilic, Hydrophobic), By Application (Pharmaceutical, Beauty & Personal Care, Silicone Elastomers, Paints, Coatings & Inks, UPR, Adhesives & Sealants, Food & Beverages), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global fumed silica market is expected to register remunerative growth over the forecast period 2021-2027.
 

As per the report findings, increasing product demand in application avenues such as food & beverages, adhesives & sealants, pharmaceutical, and personal care is stimulating worldwide fumed silica market growth.
 

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For the unversed, fumed silica is a small particle having high purity, immense surface area, and a strong propensity to form chains during the process of chemical manufacturing. These amorphous particles can be formed by high temperature hydrolysis of SiCl4 using H2/O2 flame.
 

On the downside, high product cost, coupled with availability of several viable substitutes such as micro fibrillated cellulose and precipitated silica are likely to hinder market development in the forthcoming years.
 

Based on product type, the market is segmented into hydrophilic, and hydrophobic. Among these, hydrophilic segment is expected to witness significant growth over the analysis period, owing to its unrivalled insulating properties. The product is utilized in electronics and other high-tech fields, optical fibers, coatings, as well as paint industries.
 

Speaking of application scope, global fumed silica marketplace is categorized into food & beverage, UPR, silicone elastomer, paints, beauty & personal care, adhesives & sealants, coatings & inks, pharmaceutical, and others.
 

The food & beverages application segment is projected to grow at a CAGR of 4% over the assessment period. The product is mainly used to convert semi-solid, liquid, and paste form substances into dry powders. Fumed silica is also considered to be safe and non-toxic as a food additive, even at very high doses.
 

From a regional frame of reference, the research literature deems North America (U.S., Canada), Latin America (Brazil, Mexico) Asia Pacific (China India, Japan, Australia, Malaysia, Indonesia, South Korea), Europe (Germany, U.K., France, Italy, Spain, Russia), and Middle East & Africa (South Africa, Saudi Arabia, UAE, Kuwait) to be key contributors to industry revenue.
 

Prominent players in global fumed silica marketplace are Cabot Sanmar Ltd., Dongyue Group Co. Ltd., China-Henan Huamei Chemical Co. Ltd., Henan Xunyu Chemical Co. Ltd., Hubei Xingrui Silicon Materials Co. Ltd., Orisil, Kemitura A/S, Tokuyama Corp., OCI Company Ltd., Wacker Chemie AG, Cabot Corp., and Evonik Industries AG.