Global demand for specialty silicas grows rapidly

According to the latest research report from the Group of Friedonia, the world's demand for specialty silica will increase at an average annual rate of 6.3% in the next four years and reach 2.7 million tons by 2014. The growth drivers will come from the main markets for silicon dioxide, such as tires, rubber, chemicals and agricultural products.

In 2009, the demand for precipitated silica accounted for about 70% of the world's total demand for specialty silicas, and will remain the major demand product type in the next four years. Due to the strong rebound in the rubber market, precipitated silica will also be the fastest growing demand for silica, and it will replace some of the carbon black in the tires, further increasing the usage. The increase in demand for fumed silica was mainly due to a rebound in silicone rubber production. The silica sol is expected to have a good market opportunity in paper coating, and the market share in the semiconductor polishing industry will also increase.

The report also pointed out that rubber is the largest downstream application area of ​​specialty silicas and it is expected that by 2014, this market demand will account for 45% of the total demand. The use of "green" tyres with precipitated silica can reduce rolling resistance and improve the fuel economy of the car, so demand will continue to grow. In addition, the demand for specialty silica in the chemical market will also grow strongly, because more products using silica additives can improve its processability and overall performance.

Before 2014, the average annual growth rate of demand for specialty silica in Asia and the Pacific will be ahead of the rest of the world, reaching 9%. The demand for China's specialty silica will continue to grow in double digits, becoming the world's most demanding country. The demand growth of specialty silica in North America and Western Europe will be lower than the world average, and the market demand growth in other regions will be slightly higher than the world average.

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