Asia Pacific Precipitated Silica Market Size & Outlook
The precipitated silica market in Asia Pacific is expected to reach a projected revenue of US$ 1,675.4 million by 2030. A compound annual growth rate of 7.8% is expected of Asia Pacific precipitated silica market from 2023 to 2030.
Revenue, 2022 (US$M)
$918.4
Forecast, 2030 (US$M)
$1,675.4
CAGR, 2023 - 2030
7.8%
Report Coverage
Asia Pacific
Asia Pacific precipitated silica market, 2018-2030 (US$M)
Related Markets
Asia Pacific precipitated silica market highlights
- The Asia Pacific precipitated silica market generated a revenue of USD 918.4 million in 2022.
- The market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
- In terms of segment, rubber was the largest revenue generating application in 2022.
- Other Applications is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 918.4 million |
| Market revenue in 2030 | USD 1,675.4 million |
| Growth rate | 7.8% (CAGR from 2022 to 2030) |
| Largest segment | Rubber |
| Fastest growing segment | Other Applications |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rubber, Agrochemicals, Oral Care, Food Industry, Other Applications |
| Key market players worldwide | J.M. Huber Corporation, Evonik Industries AG, PPG Industries Inc, IQE PLC, Solvay SA, Tosoh Corp, Standard Industries |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.7% of the global precipitated silica market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,675.4 million by 2030.
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Precipitated Silica Market Scope
Precipitated silica market segmentation & scope
Precipitated Silica Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific precipitated silica market size, by country, 2018-2030 (US$M)
Asia Pacific Precipitated Silica Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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