US demand for specialty silicas is forecast to rise 5.8 percent annually to $1.7 billion in 2015. Market volume will also climb at a healthy clip, rebounding from the declines of the recessionimpacted 2005-2010 period. As the economy recovers, growth in manufacturing output will return. This, in turn, will drive demand for specialty silicas, which find considerable use in the production of manufactured goods. Market expansion will be fueled by strong growth in the large precipitated silica segment, as well as above-average gains for fumed silica. Advances for both product types will largely stem from renewed growth in the large rubber market, as production levels in key sectors, such as motor vehicles and industrial machinery, increase robustly.
Fumed silica to be fastest growing product segment
Specialty silicas -- which are also known as synthetic amorphous silicas or synthetically produced noncrystalline silicon dioxide -- include precipitated, fumed, gel, sol and fused types. Demand for specific silica products is closely tied to the outlook for key end-use industries. For example, demand for fumed silica -- which is expected to be the fastestgrowing segment of the specialty silica market through 2015 -- will be fueled by a strong rebound in nontire rubber consumption following the significant declines experienced between 2005 and 2010, when poor economic conditions restricted domestic motor vehicle production and manufacturing activity, thus reducing demand for rubber components used in motor vehicles, machinery and other equipment. Precipitated silica represents the leading type of specialty silica in both volume and value terms. This silica type is expected to advance roughly in line with the overall market through 2015, promoted by above-average gains in the large rubber sector. In particular, advances will be supported by the growing utilization of this product in silicareinforced low rolling-resistance tires, which offer greater fuel efficiency than conventional tires. Precipitated silica also finds use in a number of other markets. Among these, plastics and chemicals are projected to offer the best opportunities for growth. Overall market value will benefit from the continued development of more expensive and higher performance precipitated silica products.
Rubber market to reclaim position as leading outlet
Among specialty silica markets, the rubber market is forecast to expand at the most rapid pace through 2015, when it will reclaim its position as the leading outlet for specialty silicas in dollar terms. This market can be divided into tire and nontire applications, with the best growth prospects expected for the nontire segment. This segment -- which includes the production of silicone rubber, industrial rubber products and footwear -- is expected to rise at a double-digit annual pace from a depressed 2010 base. Advances will be fueled by increased US rubber consumption, as domestic production of motor vehicles and other manufactured goods improves considerably. In the tire segment, precipitated silica will increasingly find use in low rolling-resistance tires, demand for which will be promoted by efforts on the part of vehicle manufacturers to improve fuel efficiency in order to comply with increasingly stringent governmental regulations, as well as to satisfy consumer demand for improved gas mileage.
This new industry study, Specialty Silicas, presents historical demand data (2000, 2005 and 2010) plus forecasts for 2015 and 2020 by product type and market. This study also considers market environment factors, details industry structure, discusses competitive variables, evaluates company market share and profiles 29 industry competitors including Cabot, Evonik Industries and PPG Industries.
Table Of Contents
Specialty Silicas Market
TABLE OF CONTENTS
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4 Macroeconomic Outlook 5 Manufacturing Outlook 8 Historical Market Trends 11 Pricing and Product Mix 14 Technology 16 World Demand 18 Foreign Trade 20 Imports 21 Exports 23
III. PRODUCTS 26
General 26 Precipitated Silica 30 Supply and Demand 31 Markets 33 Capacity and Producers 37 Fumed Silica 41 Supply and Demand 42 Markets 43 Capacity and Producers 46 Silica Gel 49 Supply and Demand 51 Markets 53 Capacity and Producers 56 Silica Sol 59 Supply and Demand 60 Markets 61 Capacity and Producers 64 Fused Silica 67 Supply and Demand 68 Markets 70 Capacity and Producers 71
IV. MARKETS 74
General 74 Cosmetics and Toiletries 78 Cosmetic and Toiletry Outlook 79 Silica Demand 82 Chemicals 84 Chemical Product Outlook 85 Silica Demand 88 Rubber 92 Rubber Outlook 94 Silica Demand 95 Tire Rubber 97 Nontire Rubber 101 Coatings and Inks 104 Coating and Ink Outlook 104 Silica Demand 106 Electrical and Electronic Equipment 109 Electrical and Electronic Equipment Outlook 110 Silica Demand 112 Plastics 116 Plastics Outlook 117 Silica Demand 120 Food and Beverages 124 Food and Beverage Outlook 124 Silica Demand 127 Agriculture and Animal Health 131 Agriculture Outlook 132 Silica Demand 136 Paper and Textiles 139 Paper and Textile Outlook 140 Silica Demand 142 Metals and Refractories 146 Metal and Refractory Outlook 147 Silica Demand 149 Other 152 Adhesives and Sealants 154 Packaging 155 Insulation 157 Water Treatment 158
V. INDUSTRY STRUCTURE 159
General 159 Market Share 161 Acquisitions and Divestitures 166 Competitive Strategies 167 Cooperative Agreements 169 Manufacturing 172 Marketing and Distribution 173 Company Profiles 175 Akzo Nobel NV 176 AZ Electronic Materials Sarl 178 Bayer AG 179 Cabot Corporation 181 Cabot Microelectronics Corporation 183 C-E Minerals, see Imerys Ceradyne Incorporated 185 DA NanoMaterials, see DuPont (EI) de Nemours Denki Kagaku Kogyo Kabushiki Kaisha 187 DENTSPLY International Incorporated 188 DuPont (EI) de Nemours 190 Evonik Industries AG 192 Fuji Silysia Chemical Limited 195 Glassven CA 196 Grace (WR) and Company 198 Grupo IQE, see Industrias Quimicas del Ebro Huber (JM) Corporation 200 Imerys SA 202 Industrias Quimicas del Ebro SA 203 IQESIL, see Industrias Quimicas del Ebro Kemira Oyj 205 Merck KGaA 206 Minco, see Ceradyne Multisorb Technologies Incorporated 208 Nalco Holding Company 209 Nissan Chemical Industries Limited 211 Orisil Limited 213 PEMCO, see Precision Electro Minerals PPG Industries Incorporated 214 PQ Corporation 216 Precision Electro Minerals Company Incorporated 218 Qingdao Makall Group Incorporated 219 Ransom and Randolph, see DENTSPLY International Rhodia SA 220 Tokuyama Corporation 222 Wacker Chemie AG 224 Other Companies Mentioned in the Study 227
1 Specialty Silica Demand by Type 28 2 Precipitated Silica Supply and Demand 33 3 Precipitated Silica Markets 37 4 Precipitated Silica Production Capacity by Company, 2010 40 5 Fumed Silica Supply and Demand 43 6 Fumed Silica Markets 46 7 Fumed Silica Production Capacity by Company, 2010 49 8 Silica Gel Supply and Demand 52 9 Silica Gel Markets 56 10 Silica Gel Production Capacity by Company, 2010 59 11 Silica Sol Supply and Demand 61 12 Silica Sol Markets 64 13 Silica Sol Production Capacity by Company, 2010 67 14 Fused Silica Supply and Demand 69 15 Fused Silica Markets 71 16 Fused Silica Production Capacity by Company, 2010 73
SECTION IV -- MARKETS
1 Specialty Silica Demand by Market 76 2 Cosmetic and Toiletry Shipments 81 3 Cosmetic and Toiletry Market for Specialty Silicas by Type 84 4 Chemical Product Shipments 88 5 Chemical Market for Specialty Silicas by Type and Application 92 6 Rubber Consumption 95 7 Rubber Markets for Specialty Silicas by Type 97 8 Tire Rubber Market for Specialty Silicas 101 9 Nontire Rubber Market for Specialty Silicas 103 10 Coating and Ink Shipments 106 11 Coating and Ink Market for Specialty Silicas by Type 109 12 Electrical and Electronic Equipment Shipments 112 13 Electrical and Electronic Equipment Market for Specialty Silicas by Type 116 14 Plastics Indicators 120 15 Plastics Market for Specialty Silicas by Type and Application 123 16 Food and Beverage Shipments 127 17 Food and Beverage Market for Specialty Silicas by Type and Application 131 18 Agriculture Indicators 136 19 Agriculture and Animal Health Market for Specialty Silicas by Type 139 20 Paper and Textile Product Shipments 142 21 Paper and Textile Market for Specialty Silicas by Type 146 22 Metal and Refractory Shipments 149 23 Metal and Refractory Market for Specialty Silicas by Type 152 24 Other Markets for Specialty Silicas by Type and Application 154
SECTION V -- INDUSTRY STRUCTURE
1 US Specialty Silica Sales by Company, 2010 160 2 Selected Cooperative Agreements 171