The "APAC Colloidal Silica Market Outlook 2027" report has been added to ResearchAndMarkets.com's offering.
The Asia Pacific colloidal silica market is expected to grow at a CAGR of 6.5% over the forecast period of 2021-2027.
In 2019, this market recorded a value of around USD 350 million and is expected to witness growth owing to the rising demand for colloidal silica in the construction sector along with other end-use industries.
These industries, including automotive, textile, and electronics are witnessing a growing requirement for colloidal silica which is expected to drive the growth of the colloidal silica market. Furthermore, the growing demand for paints & coatings is also anticipated to drive the market's growth in the forthcoming years.
The colloidal silica market can be segmented into product, application, and end-use industry. The product segment is further sub-divided into alkaline, acidic, modified, and ordinary colloidal silica. Out of these, the alkaline colloidal silica segment held the largest market share in 2019 with a value of around 45%. This was owing to its use in metallographic polishing, semiconductor wafers, and fine polishing of silicon wafers.
Owing to a large consumer electronic industry, China witnessed a significant demand for colloidal silica. Rapid urbanization coupled with the increasing adoption of electronic products has led to a large requirement of colloidal silica and as a result, China recorded a market size of around USD 160 million in 2020. Japan and India were also significant consumers of colloidal silica with a market size of around USD 30 million and USD 25 million respectively in 2020.
Some of the affluent industry leaders in the colloidal silica market are Nissan Chemical Corporation, FUSO CHEMICAL CO., LTD., Bee Chems, YOUNG IL CHEMICAL CO., LTD., Zhejiang Yuda Chemical Co.,Ltd., Jinan Yinfeng Silicon Products Co., Ltd., Guangdong Well-Silicasol Co., Ltd., DKIC and Sahajanand Industries.
Key Topics Covered:
2. Assumptions And Acronyms
3. Research Methodology
Market Size Estimation
4. Executive Summary- Asia Pacific Colloidal Silica Market
5. Regulatory Landscape
6. Market Dynamics
7. Industry Risk Analysis
Demand Risk Analysis
Supply Risk Analysis
8. Price Trends
Regional Price Trends
Product Price Trend Analysis
Cost Structure Analysis
9. Asia Pacific Colloidal Silica Market Outlook
9.1. Market Size And Forecast, 2018-2027
Alkaline Colloidal Silica, Acidic Colloidal Silica, Modified Colloidal Silica, Ordinary Colloidal Silica, 2018-2027f (USD Million)
Investment Casting, Industrial Catalysts, Textiles & Fabrics, Refractories, Beverage Industry, Electronic Industry, Paints & Coatings, Others, 2018-2027f (USD Million)
By End-Use Industry
Automotive, Textile, Electronics, Food & Beverages, Others, 2018-2027f (USD Million)
10. Competitive Structure
Nissan Chemical Corporation
FUSO CHEMICAL CO. Ltd.
YOUNG IL CHEMICAL CO. Ltd.
Zhejiang Yuda Chemical Co. Ltd.
Jinan Yinfeng Silicon Products Co. Ltd.
Guangdong Well-Silicasol Co. Ltd.
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