Colloidal Silica Market is estimated to grow at a volume CAGR of over 5% during the forecast period 2029 from Margo Trobbie's blog
Fact.MR has
recently compiled a study of the colloidal silica market, which sheds light on
a slew of factors that shape the market growth. Colloidal Silica Sales Growing
in Line with Quest for Effective Process Binders and Additives: Fact.MR Survey
Global sales of colloidal silicais estimated to surpass 403,700 tons through 2029, says the recently published report by Fact.MR. Increasing requirement for effective binders is estimated to load the dice in favor of liquid silicon dioxide applications across an umpteen number of applications, including coatings, electronics, construction, thereby creating sustained opportunities for the colloidal silica industry.
According to
the research study, electrical equipment & electronics industry will
continue to sustain high demand for colloidal silica, for the fact that
colloidal silica plays a critical role in producing flat and uniform water
surfaces during production of electronic & electrical devices.
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“Colloidal
silica also serves as a final polishing additive and a rough surface remover in
the electronics & electrical equipment space, thereby eliminating the
necessity of other steps of surface preparation.
Moreover,
adoption of colloidal silica will also continue to scale up in the construction
space, for the fact that colloidal silica holds the potential to breathe life
into durability and strength of concrete mixtures”, says the Fact.MR report.
Demand for
colloidal silica from coating applications is also registering a significant
uptick, owing to rising demand for reinforcing materials for paints and
coatings. Customer desire for multipurpose coatings with vigorous physical and
chemical properties is on a significant rise, which is further necessitating the
adoption of colloidal silica.
In addition,
growing fad for customized paints and coatings is also setting an optimistic
tone for adoption of colloidal silica in the coatings landscape, with global
sales estimated to surpass 114, 400 tons in 2019.
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20852
United
States
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(628) 251-1583
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