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Precipitated Silica Market - Key Players, Growth Rate and Forecasts to 2022

The market is expected to witness substantial growth on account of its extensive use in rubber, toothpaste, and food industry. Growing demand for rubber grade products is expected to propel precipitated silica demand. The Global Precipitated Silica Market is expected to reach USD 3.69billion by 2022, according to a new report by Grand View Research, Inc. Rubber has extensive usage in the automotive, construction, industrial and consumer goods segment. Growing use of precipitated silica in rubber and tire industry is expected to boost precipitated silica market demand. The compound has profound usage as reinforcement fillers in tire and rubber industry. The product offers benefits such as improved flex fatigue resistance, rubber tear strength, heat build-up, adhesion, abrasion resistance, modulus, and hardness. Furthermore, the compound is used to enhance tear resistance, abrasion resistance, & tensile strength and improve wet traction performance as well as rolling resista...