Market prnews

Fumed silica are produced in flame, hence often referred as pyrogenic silica, is a distinct form of silica consisting of microscopic droplets of amorphous silica. Owing to its peculiar traits such as rheological properties and thixotropic behaviors, it has found implausible scope of application in the paints and coatings industry. As per the World Paint and Coatings Industry Association, global paints and coatings market increased by 4.9% resembling a market value of $164.9 billion in 2018.Apart from paints and coatings, fumed silica is applied as thickening and anticaking agent in F&B sector, as filler and viscosity modulator in printing inks, adhesives, sealants, and unsaturated polyester resins, and the blooming cosmetic sector employs it as a light-diffusing element. On the verge of industrialization and flourishing downstream sectors, fumed silica market size is $1,770 million as of 2018 and is tracked to be progressing at a global compound annual growth rate (CAGR) of 6.40% ...