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Specialty Silica Market Ongoing Status and Forecast to 2022

The market is expected to be driven by the growth of the automotive and paints & coatings industry, coupled with the growing application of precipitated silica in the food industry. The Global Specialty Silica Market is projected to reach USD 4.43 billion by 2022, according to a new report by Grand View Research, Inc. Growing product demand in various applications including rubber, food & healthcare, coatings, and plastics & abrasives is expected to augment product demand over the forecast period. The demand for higher performance and specialized products is increasing in rubber and a few other industries. Precipitated silica has emerged as a performance additive that imparts increased wear resistance and wet grip capabilities to automotive and industrial tires. Furthermore, growth in the automotive industry particularly in India and China is expected to propel product demand over the next few years. Growing personal care sector in countries such as the U.S., India...