Precipitated Silica Market – Has Huge Potential For Expansion

Precipitated silica refers to silica which is generated when alkaline silicate reacts with acid at high temperature. It dominates the worldwide demand for silica. Primary consumer industries for precipitated silica are inclusive of automobiles, agriculture, cosmetics, electronics and so on.

 

Electronics is expected to be the most rapidly developing industry of consumers for precipitated silica. Recent developments in the market of automobiles have propelled the demand for precipitated silica. Further expansion in the worldwide market of electronics propelled by growing demand for end-user electronics is likely to push the precipitated silica market ahead over the predicted period.

 

Environmental policies act as major obstacles in the further development of this market. Huge expansion in the market of coatings is estimated to provide many development prospects to the precipitated silica market.