According to the research study, electrical equipment & electronics industry will continue to sustain high demand for colloidal silica, for the fact that colloidal silica plays a critical role in producing flat and uniform water surfaces during production of electronic & electrical devices.
"Colloidal silica also serves as a final polishing additive and a rough surface remover in the electronics & electrical equipment space, thereby eliminating the necessity of other steps of surface preparation. Moreover, adoption of colloidal silica will also continue to scale up in the construction space, for the fact that colloidal silica holds the potential to breathe life into durability and strength of concrete mixtures", says the Fact.MR report.
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Chapter 1 – Executive Summary
The report then starts with a summary of the colloidal silica market, where global values and growth rate have been provided, coupled with a summary of the market dynamics. An opportunity assessment of the colloidal silica market has also been involved in this chapter, where winning and
losing components of the market have been analyzed.
Chapter 2 – Colloidal Silica Market Overview
The report proceeds with a succinct overview of the colloidal silica market, including an introduction to the market and a formal definition of the target research area – colloidal silica. Imperative global statistics of the colloidal silica market, such as size (Value - US$ Mn, and Volume - Tons), forecast numbers, and Y-o-Y growth rate, have been offered. A taxonomy table included in this chapter represents key segments identified in the colloidal silica market.
Chapter 3 – Key Market Trends
This chapter offers analysis of key trends influencing growth of the colloidal silica market, along with the product innovation and development trends as well as mega trends impact the market growth.
Chapter 4 – Colloidal Silica Market Background
An introduction to the associated industry – specialty silica – has been offered in this chapter, along with the market size and forecast of the specialty silica. A Y-o-Y growth comparison of the specialty silica market is also included in this chapter. Macro-economic factors that include GDP growth
outlook, chemical industry growth outlook, coating industry growth outlook, and construction sector outlook, and their relevance of impact on the growth of the colloidal silica market have been delivered. The most influential market dynamics and study of value chain have also been highlighted
in this analytical research study.
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Acidic Vs. Alkaline – Gains Remain Marginally Competitive
According to the report, end users will continue to show high preference for acidic colloidal silica. With a market share of over 50% in 2018, acidic colloidal silica will remain the highly-preferred formulation type, owing to its exceptional stability. However, the report also finds a gradual leaning towards alkaline colloidal silica and this inclination is likely to gather significant momentum over the years.
In the immensely-competitive colloidal silica market space, a strong portfolio with high-quality offerings will continue to be key differentiating factor for the market players. According to the report, prominent manufacturers are emphasizing on product innovations and developments to sustain their foothold in the global market space. This, in turn, will set the pace for the influx of further developments and innovations well-aligned with end user requirements, thereby paving new growth avenues for the colloidal silica market through 2029.
Key players are focusing on establishment of new production and R&D facilities across multiple regions, with a sole objective of catering to regional demands and expanding their geographical reach. For instance, W. R. Grace & Co. flagged off the construction of its new colloidal silica plant at its exclusive European flagship R&D and manufacturing facility in Worms, Germany. The establishment of this new plant will amplify Grace’s technology paradigms and boost the company’s production capability & flexibility. In addition, key companies are also offering custom-made colloidal silica in line with customer requirements and specifications, which will further solidify their product portfolios.
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Colloidal Silica Market: Global Sales Valued at over US$ 800 Mn in 2018
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