Brazil Precipitated Silica Market Size & Outlook
The precipitated silica market in Brazil is expected to reach a projected revenue of US$ 132.8 million by 2030. A compound annual growth rate of 6% is expected of Brazil precipitated silica market from 2023 to 2030.
Revenue, 2022 (US$M)
$83.2
Forecast, 2030 (US$M)
$132.8
CAGR, 2023 - 2030
6%
Report Coverage
Brazil
Brazil precipitated silica market, 2018-2030 (US$M)
Related Markets
Brazil precipitated silica market highlights
- The Brazil precipitated silica market generated a revenue of USD 83.2 million in 2022 and is expected to reach USD 132.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, rubber was the largest revenue generating application in 2022.
- Rubber is the most lucrative application segment registering the fastest growth during the forecast period.
Precipitated silica market data book summary
| Market revenue in 2022 | USD 83.2 million |
| Market revenue in 2030 | USD 132.8 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Rubber |
| Fastest growing segment | Rubber |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Brazil accounted for 3.9% of the global precipitated silica market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil precipitated silica market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 132.8 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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Brazil precipitated silica market size, by application, 2018-2030 (US$M)
Brazil Precipitated Silica Market Outlook Share, 2022 & 2030 (US$M)
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