Colloidal Silicas (Silica Sol) Market Projected to Reach $1.6 Billion by 2025

By: Industry Experts Inc.
LOS ANGELES - Aug. 1, 2019 - PRLog -- Industry Experts, Inc. released the new market research report on Colloidal Silica (Silica Sol). The global market report entitled "Colloidal Silica (Silica Sol) – A Global Market Overview" reveals that volume consumption of colloidal silica by application is the largest for metal casting, accounting for a share of 26.6% in 2019, followed by refractories.

Colloidal silica has been increasingly adopted in chemical mechanical planarization (CMP) slurries, which are used as polishing agents in electronics/semiconductor industry. Colloidal silica has been widely used in wide variety of industries including foundry, ceramics, refractory, coatings, papermaking, textile and catalyst carriers owing to its features such as stable properties, large surface size, favorable permeability, etc. Consumption of colloidal is also growing in applications such as paints & coatings, catalyst support in chemicals and pulp & paper mills.

The global market for colloidal silica in electronics is anticipated to register the fastest CAGR of 6% and 6.8% in terms of volume and value respectively during 2019-2025 analysis period, to reach a projected 84.5 thousand metric tons and US$442.2 million respectively by 2025. Overall market for Colloidal silica is expected to touch 515 thousand metric tons by 2025.

The worldwide colloidal silica market is segmented, for the purpose of this study, in to five major regions namely North America, Europe, Asia-Pacific, South America and Rest of World. These regional markets further analyzed for 17 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Indonesia, Japan, South Korea and Thailand; and South America – Argentina and Brazil.

This 258 page global colloidal silica market report includes 177 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. This report profiles 10 key global players and 30 major players across the North America – 8; Europe – 7; and Asia-Pacific – 15. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of colloidal silica. The global list of companies covers addresses, contact numbers and the website addresses of 38 companies.

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Tags:Colloidal Silica Market
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