Mexico Precipitated Silica Market Size & Outlook
The precipitated silica market in Mexico is expected to reach a projected revenue of US$ 95.2 million by 2030. A compound annual growth rate of 8% is expected of Mexico precipitated silica market from 2023 to 2030.
Revenue, 2022 (US$M)
$51.5
Forecast, 2030 (US$M)
$95.2
CAGR, 2023 - 2030
8%
Report Coverage
Mexico
Mexico precipitated silica market, 2018-2030 (US$M)
Related Markets
Mexico precipitated silica market highlights
- The Mexico precipitated silica market generated a revenue of USD 51.5 million in 2022 and is expected to reach USD 95.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 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.
Precipitated silica market data book summary
| Market revenue in 2022 | USD 51.5 million |
| Market revenue in 2030 | USD 95.2 million |
| Growth rate | 8% (CAGR from 2022 to 2030) |
| Largest segment | Rubber |
| Fastest growing segment | Other Applications |
| 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, Mexico accounted for 2.4% 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 North America, U.S. precipitated silica market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 95.2 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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Mexico precipitated silica market size, by application, 2018-2030 (US$M)
Mexico Precipitated Silica Market Outlook Share, 2022 & 2030 (US$M)
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