According to the research report titled ‘North America Fumed Silica Market Forecast 2027 By Application, By Product, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America fumed silica market is expected to account for a valuation of USD 525 million in 2027.

The increasing demand for cosmetics and personal care products, high disposable incomes, demographic changes, and evolving consumer choices are some of the key factors influencing the expansion of North America fumed silica market.

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For those unaware, fumed silica is made from silicon dioxide after it has been continuously heated at high temperatures. It is mainly used as an anti-settling and anti-aging agent in several products such as pharmaceuticals, paints, and cosmetics.

Based on product gamut, the market is fragmented into hydrophilic and hydrophobic segments. Among these, the hydrophilic segment is expected to record a 4.3% CAGR through 2027, owing to excellent insulation against high-temperature conditions.

Moving on to application reach, the market is categorized into pharmaceutical beauty and personal care products, silicone elastomers, paints, coatings & inks, UPR, adhesive and sealants, food & beverages, and others.

Out of these, pharmaceutical, beauty & personal care segment is expected to reach a valuation of over USD 229 million by 2027, ascribed to increasing SPF levels in sunscreens, acting as a thickening agent, stabilizing water-in-oil-emulsions and color pigments in lipsticks as well as extending their long-wear hours.

Regionally, the U.S. market  is expected to grow at an exponential rate over the forecast timeline, owing to the rising number of drug manufacturing companies and the increasing prevalence of chronic disorders.

The major companies operating in North America fumed silica market are Wacker Chemie AG, OCI Company Ltd., Applied Material Solutions, Inc., Evonik Industries AG, and  Cabot Corporation. These companies are using innovative technologies for manufacturing high fumed silica at affordable prices, thus facilitating the business scenario in North America.