250 Pages Colloidal Silica Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
Latest industry survey by Fact MR, predicts sales of Colloidal Silica to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The report offers actionable and valuable market insights of Colloidal Silica. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Colloidal Silica Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Colloidal Silica market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Colloidal Silica
This newly published and insightful report sheds light on Market Insights of Colloidal Silica, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Colloidal Silica Market.
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Demand for colloidal silica from coating applications is also registering a significant uptick, owing to rising demand for reinforcing materials for paints and coatings. Customer desire for multipurpose coatings with vigorous physical and chemical properties is on a significant rise, which is further necessitating the adoption of colloidal silica. In addition, growing fad for customized paints and coatings is also setting an optimistic tone for adoption of colloidal silica in the coatings landscape, with global sales estimated to surpass 114, 400 tons in 2019.
Colloidal Silica Market – Competitive Landscape
- In March 2019, a leading player in colloidal silica market, Nouryon (formerly AkzoNobel Specialty Chemicals) completed the expansion of colloidal silica in Sweden. The expansion has increased the production capacity of the surface-modified colloidal silica at the company’s Bohus site in Sweden.
- In February 2019, W. R. Grace & Co. started the construction of a novel colloidal silica plant at the company’s leading manufacturing and R&D center in Worms, Germany.
- In September 2018, a leading player in colloidal silica market, Evonik Industries, shared its plans to expand the company’s hydrophobic fumed silica capacities to cater to the growing demand for specialty silica varieties. The expansion aims at making 20% additional capacity for refinement hydrophilic silica available by the end of 2020.
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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.
The Fact.MR research study offers a panoramic view of opportunities in the global colloidal silica market over the assessment period. As per the report, the global colloidal silica market is estimated to grow at a volume CAGR of over 5% during the forecast period.
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Report Benefits & Key Questions Answered
- Colloidal Silica Company & brand share analysis: The report offers brand-share analysis on Colloidal Silica market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
- Colloidal Silica Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
- Colloidal Silica Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
- Colloidal Silica Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
- Colloidal Silica Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
- Post COVID consumer spending on Colloidal Silica: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Colloidal Silica sales.
More Valuable Insights on Colloidal Silica Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Colloidal Silica, Sales and Demand of Colloidal Silica, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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