Industry Background:
Acidic Colloidal Silica is also known as Silica sol, is a stable suspension of spherical silicon dioxide nanoparticles in liquid, that is hydroxylated on the surface. It is found in almost all industrial sectors. Their preparation happens in a multi-step process where an alkali-silicate solution is partially neutralized, leading to the formation of silica nuclei. pH is reduced below so it starts to show acidic properties. With increasing manufacturing activities all over the world, this essential chemical has risen in demand.This growth is primarily driven by Extensive Demand as a Rheological Additive in Personal Care Products to Control Flowability
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | KG |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Specialty Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Nissan Chemicals (Japan), FUSO CHEMICAL CO., LTD (Japan), Bee Chems (India), Grace (United States), Nouryon (Netherlands), Guangdong Well-Silicasol (China), Remet (United States), Nyacol (United States), Qingdao Haiyang Chemical (China) and Evonik (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On June 23, 2020, Grace a leader in specialty silica announced the opening of its new 8200 sq. m. colloidal silica plant at its European R&D center in Worms, Germany. With this facility, Grace doubled down on its silica production to improve its penetration in the European market. This will enable Grace to continue to meet growing global demand in a thriving specialty silica segment, where there is active innovation that enables future growth for key industries.This industry has fierce competition among existing players. Few market leaders like Grace, Nissan leads in innovation and capital expenditure. With increased demand cost of production is also going down in the industry. The focus of the market is likely to shift from the west part of the world to the east as more and more manufacturing of the world gets shifted to the east.
Influencing Trend:
Surging Use of Acidic Colloidal Silica as a Strength-Enhancing Additive to Plastics, Mortar, and Concrete and Rise as an Ingredient in Scratch Resistant Coatings
Market Growth Drivers:
Extensive Demand as a Rheological Additive in Personal Care Products to Control Flowability and Increasing Role in Electronics Industry as a Polishing Agent
Challenges:
Decreasing Margins Due to Steep Competition in Acidic Colloidal Silica
Restraints:
Volatility Concerning the Raw Material Used in Preparation of Acidic Colloidal Silica
Opportunities:
Application of Acidic Colloidal Silica is Increasing in Construction Sector and Rising Demand from Emerging Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Acidic Colloidal Silica Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Acidic Colloidal Silica Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Acidic Colloidal Silica players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Acidic Colloidal Silica Study Sheds Light on
The Acidic Colloidal Silica Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Acidic Colloidal Silica industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Acidic Colloidal Silica industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.