PRECIPITATED SILICA MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Precipitated Silica Market, By Grade (Rubber Grade, Non-rubber Grade, Food Grade), By Application (Rubber, Fishing Boats, Adhesives & Sealants, Coating & Inks, Food, Others), By End Use Industry (Personal Care & Cosmetics, Automotive, Agriculture, Electronics, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

In October 2021, PPG entered into a strategic agreement with Oriental Silicas Corporation (OSC), which is a leading producer of silicas, sodium silicate and factice products. As part of the agreement, Taiwan-based OSC of Greater China will be a sales representative for select grades of PPG silica products used by tire manufacturers in the Asia-Pacific region.
On July27, 2023, PQ Corporation expanded their silica production at its existing facility in Pasuruan, Indonesia. This results in the expansion of company’s product portfolio.
On January 9, 2024, PPG today announced that it has engaged Morgan Stanley & Co. LLC as financial advisor to assist in a review of strategic alternatives for its silica products business.
In May 2021, Evonik Industries established active filler for the tire industry, named as Ultrasil 4000 GR, which significantly improves the traction of winter tires in snowy and slushy conditions.

Precipitated Silica Market Report Snapshots