Silica for S-SBR Market Overview
According to a research survey conducted by ChemView Consulting, the current valuation of the Global Silica for the S-SBR Market is worth US$ 905.7 Mn in 2022. The market value of stainless steel is expected to reach US$ 1,732.3 Mn by 2032, growing at a CAGR of 6.7% over the forecast period.
Amorphous silicon dioxide is produced artificially and is precipitated from quartz sand (a crystalline form of silicon dioxide). Silica is injected into the S-SBR nanopores, causing maximum space/pore filling and interpenetration. This leads to tight interlocking between the polymer and the filler (silica), which reduces hysteresis and, consequently, rolling resistance. In the threads of contemporary passenger car tires, silica is employed as a strengthening filler for S-SBR.
Additionally, silica is frequently utilized as a performance-improving filler for tires and industrial products and as a non-black reinforcing material for shoe bottoms, particularly athletic footwear.
ChemView Consulting has analyzed that globally, the demand for silica for high-performance tires or low-rolling resistance tires created using S-SBR is rising due to growing awareness of the value of protecting the environment and natural resources and the growing number of safety rules for automobiles. Silica has important advantages in both all-season and winter tires. Because silica-based materials are more elastic and flexible at lower temperatures, they provide superior traction and braking throughout the winter.
The demand for silica for the S-SBR market is anticipated to increase among end-use industries in the automotive sector. Due to the usage of silica for S-SBR as a reinforcing material for pavements and other applications, the construction industry is also anticipated to experience an increase in demand.
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Segments Covered in Report
- Tire reinforcing material
- Footwear sole
- Polymer Modification
- Adhesives and Sealants
By End-Use Industry:
- Other Industrial
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Silica for S-SBR Market
- Based on the end-use industry, the demand for silica for the S-SBR market is anticipated to increase in the automotive sector. . Due to the usage of silica for S-SBR as a reinforcing material for pavements and other applications, the construction industry is also anticipated to experience an increase in demand.
- With a market share of 47.2%, the Asia Pacific Region is predicted to hold a sizeable portion of the world’s demand for silica for S-SBRs. Government initiatives to reduce CO2 emissions and tire labeling rules have increased demand for silica in the S-SBR industry. Winter tires in the nation are predicted to increase demand for silica-reinforced S-SBR.
Key companies covered in the market study are Evonik Industries, Cabot, Wacker Chemie, Orisil, Tokuyama, Wynca, Solvay, Oriental Silicas, PPG Industries, FuShiTe Silicon Materials, Blackcat, and Changtai.
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Report Key Highlights
- Detailed information on factors that will assist Global Silica for S-SBR’s growth during the next ten years
- Assessment of the historical and current Global Silica for S-SBR Market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
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