![]() ![]() Over the past decade, owing to notable advancements in rubber chemistry and technology, a broad range of inorganic fillers is increasingly being manufactured. To gauge the scope of customization in our reports Ask for a Sample Advancements in Rubber Chemistry and Technology to Accelerate Demand for Precipitated Silica Market At the back of these factors, the global precipitated silica market is expected to attain a market value of ~ US$ 5 Bn by the end of 2027. Due to continual pressure by regulatory bodies to enhance environmental safety, the demand for green tires is growing at a noteworthy pace, which in turn is expected to accelerate the market in the upcoming years. ![]() While market players are expected to tap into opportunities in the different end-use sectors, mergers & acquisitions, along with optimizing the production chain are anticipated to remain the primary focus for market participants. The consistent demand for precipitated silica from the rubber industry to manufacture silicone rubber, industrial rubber, footwear, etc., is a leading factor that is likely to propel the precipitated silica market. The adoption of precipitated silica to manufacture rubber tires is a major factor that is likely to drive the precipitated silica market during the forecast period. The growth of the automotive sector across the world is projected to provide an impetus for growth of the precipitated silica market, as the demand continues to move in the upward trajectory. Although the sales of automotive vehicles are likely to oscillate in North America and Europe, owing to the evolving market landscape and stringent environment safety guidelines, the precipitated silica market in the Asia Pacific region is expected to provide fertile grounds for expansion of the automotive sector. The automotive sector across the world, particularly in the Asia Pacific region, has experienced considerable growth over the past few years.
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