The global Spherical Silica market is expected to develop US$ 885.1 million by 2028, at a compound annual increase in price (CAGR) of 5.8% throughout the forecast period.
In addition, spherical silica powder is another name for spherical silicon dioxide powder material, which is generally made up of irregular curved silicon powder through the process of flame as well as VMC Method, fusion method, etc. Moreover, due to the high sphericity and purity, of these products that enables constant protection of dependability of semiconductors, further boosting the demand for the product.
The market of spherical silica across the globe has been segmented by different applications, type and geography. Further, application segment of the market is sub-divided into filler, sintering, coating and others. In application segment, filler division is expected to lead the market owing to growing significance of spherical silica in several semiconductor encapsulation material filler. In addition, it acquires the highest spherical silica market share in terms of sales volume and is expected to maintain its dominance in upcoming years. Likewise, type segment of the global spherical silica market has been bifurcated into 0.01μm-10μm, 10μm-20μm and above 20 μm.
Geographical segment of the global spherical silica industry divided it into various key regions covering North America, Europe, Asia-Pacific, Middle East & Africa and South America. Japan in Asia-Pacific region has been dominating the market of spherical silica since past few years. Moreover, the Japn market is expected to mount at a CAGR of xx% in terms of production and reach to xxxxx MT from xxxx MT over the forecast period.
The global spherical silica market is highly fragmented with the prominent manufacturers already operating in the market as well as new entrants. Some of the key players in the competitive landscape of the market include Denka, Micron, Tatsumori, Shin-Etsu Chemical, Jiangsu Yoke Technology, Admatechs, Shin-Etsu Chemical and NOVORAY. In addition, Denka (Japan) is leading the market globally, acquiring around xx % spherical silica market share in terms of production.
Spherical Silica Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||US$ 885.1 million|
|Growth Rate||CAGR of 5.8 % during 2021-2028|
|Segment Covered||Product, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Micron, Denka, Tatsumori, Admatechs, Shin-Etsu Chemical, Imerys, Sibelco, Jiangsu Yoke Technology, NOVORAY|
Key segments of the global Spherical Silica market
Product 2018-2028 (USD Million)
• Precipitated Silica
• Fumed Silica
• Hydrophilic Fumed Silica
• Hydrophobic Fumed Silica
Regional Overview, 2018-2028 (USD Million)
• North America
o Rest of Europe
o Southeast Asia
o Rest of Asia-Pacific
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
• Central & South America
o Rest of South America