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Showing posts with the label precipitated silica market forecast

Precipitated Silica Market - Forecast(2021 - 2026)

Precipitated Silica Market Overview: The global precipitated silica market generated revenue of $1,977.2m in 2015 and is projected to grow at a CAGR of 4.46% during the forecast period to reach $2,459.5m by 2021. The growing penetration of silica in application industries such as food & beverage, personal care, electronics and others are increasing the demand of precipitated silica market . It is owing to the high disposable income and the increasing urbanization especially in developing countries. Precipitated Silica Market Outlook: In Asia pacific region China and India are the leading country in precipitated silica market. In America U.S is the major market for precipitated silica market followed by Canada and Mexico. U.K and Russia are the key countries in the European region. Precipitated Silica Market Growth drivers: The consumer demand for precipitated silica products is driving the market. Precipitated silica products provides a very convenient packaging form for use in mak...