Saudi Arabia Precipitated Silica Market Size & Outlook
The precipitated silica market in Saudi Arabia is expected to reach a projected revenue of US$ 32.9 million by 2030. A compound annual growth rate of 6% is expected of Saudi Arabia precipitated silica market from 2023 to 2030.
Revenue, 2022 (US$M)
$20.7
Forecast, 2030 (US$M)
$32.9
CAGR, 2023 - 2030
6%
Report Coverage
Saudi Arabia
Related Markets
Saudi Arabia precipitated silica market highlights
- The Saudi Arabia precipitated silica market generated a revenue of USD 20.7 million in 2022 and is expected to reach USD 32.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.9% 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 20.7 million |
| Market revenue in 2030 | USD 32.9 million |
| Growth rate | 5.9% (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, Saudi Arabia accounted for 1.0% 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 Middle East & Africa, Saudi Arabia precipitated silica market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 20.1 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 |
|---|---|---|---|---|
| Tosoh Corp | View profile | 14266 | 3-8-2 Shiba, Minata-ku, Tokyo, Japan, 105-8623 | http://www.tosoh.com |
| IQE PLC | View profile | 1528 | Pascal Close, Saint Mellons, Cardiff, South Glamorgan, United Kingdom, CF3 0LW | https://www.iqep.com |
| J.M. Huber Corporation | View profile | 5001-10000 | Edison, New Jersey, United States, North America | http://www.huber.com |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Standard Industries | View profile | 10001+ | New York, New York, United States, North America | https://www.standardindustries.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
Saudi Arabia precipitated silica market size, by application, 2018-2030 (US$M)
Saudi Arabia Precipitated Silica Market Outlook Share, 2022 & 2030 (US$M)
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