Colloidal Silica Global Market to Grow by 5.07% Annually Through 2027

Dublin, Dec. 19, 2022 (GLOBE NEWSWIRE) -- The "Colloidal Silica Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 By Product Type (Alkaline Colloidal Silica, Acidic Colloidal Silica, Modified Colloidal Silica, Ordinary Colloidal Silica), By Application, By End User Industry, By Region" report has been added to ResearchAndMarkets.com's offering.The global colloidal silica market stood at USD 801.74 million in 2021 and is expected to grow at a CAGR of 5.07% during the forecast period on account of increasing demand from various end user industries, especially the semi-conductor industry.

Different industries require colloidal silica. This includes the casting and electronic industries as a polishing agent and the healthcare industry as drugs and medicines. In addition, the manufacturing process for colloidal silicon must be improved. New innovations and improvements are required in the machinery and equipment used to make colloidal silica. All electronic goods require colloidal silica in some way or another. The consumption of colloidal silicona by enterprises will be directly affected. The colloidal silica market will grow at an impressive pace. Green tires policies by the government will allow colloidal silica to capture more markets. This is due to the high demand for colloidal silica in many industries over the forecast period. Many companies have recently set up R&D facilities around the world to gain an advantage over others in the industry as well as to improve their market position. Innovative Chemical Technologies Inc. began producing specialty colloidal silica solutions at its Augusta, Georgia facility in January 2022. Nouryon, a manufacturer in Green Bay, Wisconsin, announced the opening of a new manufacturing plant. This facility will be used to meet the needs of the construction and packaging industries. The facility will meet the needs of the packaging and construction industries. The market can be divided into three types: alkaline colloidal, acidic, modified, and ordinary colloidal. Market can be divided by application into precision investment castings, catalysts and refractories as well as batteries. Market segmented by end-user industry is electronics & semiconductors and paints & coatings.

Alkaline Colloidal Silica

Acidic Colloidal Silica

Modified Colloidal Silica

Ordinary Colloidal Silica

Colloidal Silica Market, By Application:

Precision Investment Casting

Catalysts

Refractories

Batteries

Other

Market for Colloidal Silica by End User Industry

Electronics & Semiconductors

Paints & Coatings

Construction

Pulp & Paper

Pharmaceuticals

Automotive

Others

Colloidal Silica Market, By Region:

Asia-Pacific

China

Japan

India

South Korea

Australia

North America

United States

Canada

Mexico

Europe

Germany

United Kingdom

France

Italy

Spain

Middle East & Africa

Saudi Arabia

South Africa

UAE

South America

Brazil

Argentina

Colombia

Key Topics Covered: 1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on Global Colloidal Silica Market5. Impact of Russia-Ukraine War on Global Colloidal Silica Market6. Voice of Customer7. Global Colloidal Silica Market Outlook8. Asia-Pacific Colloidal Silica Market Outlook9. North America Colloidal Silica Market Outlook10. Europe Colloidal Silica Market Outlook11. Middle East and Africa Colloidal Silica Market Outlook12. South America Colloidal Silica Market Outlook13. Market Dynamics14. Market Trends & Developments15. Competitive Landscape16. Strategic Recommendations17. About the Publisher & DisclaimerCompanies Mentioned

W. R. Grace & Co.-Conn

Akzo Nobel N.V (Nouryon Holding BV)

Merck KGaA

ADEKA Corporation

Allied High-Tech Products, Inc.

Nissan Chemical Corporation

The Dow Chemical Company

Cabot Corporation

Evonik Industries AG

Fuso Chemical Co., Ltd.

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