fumed silica market Growth 2022 Overview with Demographic Data and Industry Size Trends 2030
Market Insights Fumed Silica Market is projected to be worth USD 1662.0 Million by 2030, registering a CAGR of 6.8% during the forecast period (2020–2030). Applications of fumed silica include, but are not limited to, use as a thickening agent, an anti-caking agent in free-flowing powders, as a desiccant, as a light diffuser in cosmetics, as a light abrasive, and several others. Many end-use industries use fumed silica for its various properties, and the growth of associated industries in a rapidly growing economic scenario has significantly improved the demand for fumed silica market Growth . Emerging economies of the globe are being recognized as prime markets with expansion opportunities due to rising disposable incomes as well as the presence of significant manufacturing sectors in these countries. The major scope of application for fumed silica is primarily in adhesives sealants and paint coatings for the automotive and construction sectors. Growing construction activities in em