Evonik Industries AGMarket growth driven by hydrophobic fumed silica demand benefits Evonik as a key player.
The global fumed silica market is projected to grow from USD 1.80 billion in 2025 to USD 2.14 billion by 2030 at a compound annual growth rate of 3.46 percent. Hydrophobic fumed silica is anticipated to be the fastest-growing type due to its superior water resistance, dispersibility, and thickening properties, making it ideal for adhesives, sealants, and coatings. Among applications, UPR and composites are set for rapid growth, while the pharmaceutical industry is poised to be the fastest-growing end-use sector. The Middle East and Africa region is projected to lead regional growth, driven by infrastructure development and industrial investments. Key players include Evonik Industries AG, Wacker Chemie AG, and Cabot Corporation.
Evonik Industries AGMarket growth driven by hydrophobic fumed silica demand benefits Evonik as a key player.
Wacker Chemie AGMarket growth driven by hydrophobic fumed silica demand benefits Wacker as a key player.
Cabot CorporationMarket growth driven by hydrophobic fumed silica demand benefits Cabot as a key player.