Industry News, Market Research

Fumed Silica Demand to Surpass 335,000 MT in 2018

According to the report, the market is projected to reach 4.9% CAGR during 2018-2028.

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By: Anthony Locicero

Copy editor, New York Post

Global fumed silica sales are likely to surpass 335,000 MT in 2018, up from 323,733 MT in 2017, according to a new Fact.MR study. Gains will be driven by sustained demand in end-use industries such as printing inks, paints, coatings, and adhesives. Increasing demand for water-based coatings and paints for industrial and architectural application continues to be a driver for the market. Fumed silica is used on a large scale in paints and coatings to prevent corrosion and rust. Moreover, deman...

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