Opportunities and challenges in the global fumed silica market

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The latest global industry trends data shows that demand for high-end fumed silica is growing in 2021. According to the research report by Global Market Insight, the global fumed silica market is estimated to be worth $1.59 billion in 2020, and is expected to exceed $2.3 billion by 2026. The CAGR of 5.4% from 2021 to 2027. The report predicts that the market share of hydrophobic fumed silica will grow at a CAGR rate of 6% through 2027.

“There are many opportunities for growing in fumed silica, and we still have many opportunities to support the recovery in industrial demand.” said by Chairman and CEO of Global Fumed Silica Multinational. We plan to leverage the lessons we have learned from COVID-19 in relation to evolving market trends, using digital tools and customer behavior to accelerate revenue growth and win markets. We will accelerate decision making, use technology and data in new ways to increase fumed silica productivity, and accelerate the scope and scale of our fumed silica innovation.”
For us, FST-430 is our strength product, as there are only few domestic manufacturers can produce the similar product. It has the specific surface area of 430㎡/g, which has the advantages of high transparency and good reinforcement, and is widely used in high-end liquid silicone rubber.
As the high specific surface area, many domestic suppliers don’t have the equipment that could meet the requirements of product stability. It usually occurs the problem of high specific surface area error rate. In order to overcome the difficulty, we design and transform the core production equipment, forming a unique production line to ensure the stability of products. As our technical director said, FST-430 would be always popular in the domestic market and overseas market. Its sales account for more than 45% of the company’s annual sales. We believe that the market share will be higher and higher in the future.


Post time: Jul-02-2021