Spherical Silica Market Size, Share, Growth, and Industry Growth by Type (0.01μm-10μm, 10μm-20μm, and Above 20μm) By Application (Filler, Sintering, Coating, and Others) Regional Forecast To 2033

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SPHERICAL SILICA MARKET OVERVIEW

The global spherical silica market, valued at USD 3.16 billion in 2024, is projected to grow steadily to USD 3.96 billion in 2025 and reach USD 24.06 billion by 2033, maintaining a CAGR of 25.3% from 2025 to 2033.

The global COVID-19 pandemic has been unprecedented and staggering, with spherical silica market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.

Spherical silica powder is a white powder with excellent purity, very small particles, good dielectric characteristics and thermal conductivity, a low expansion coefficient, and significant development potential. In the industry, spherical silicon is also known as spherical silicon powder, etc. The purity standards for spherical silicon powder in modern integrated circuits are becoming increasingly severe. Under typical conditions, the silicon concentration cannot be less than 99.95%.

The stress concentration of the plastic seal constructed with spherical quartz powder is the lowest and the strength is the highest. The stress of spherical powder is only 60% that of angular powder. Finally, spherical powder has a smooth surface, a low coefficient of friction, less mould wear, and a service life that may be increased by more than one.

COVID-19 IMPACT

Pandemic-related Disruptions Impacted Market Dynamics

Trade limitations brought on by COVID-19 have had a significant negative impact on rubber output and pricing. Specialty silica, one of the essential components in the manufacture of rubber, is also seeing a decline in price. As a result, producers in the spherical silica market anticipate a spike in silica and rubber demand in the first quarter of 2021. Up to the month of August 2020, rubber prices in India, one of the world's major rubber producers, saw a severe decline. In the wake of the ongoing COVID-19 problem, factory closures and erratic demand and supply are limiting the growth of the specialised silica industry. Manufacturers have been restraining from investing in new manufacturing technologies and machinery due to the uncertainty of lockdown limitations brought on by the rising number of active COVID-19 cases in India, the U.S., Russia, and European nations.

LATEST TRENDS

Development of Paints Using Spherical Particle Morphology for Wet Reaction Conditions

Manufacturers of contemporary architectural paints have many significant formulation issues, including burnishing and wet abrasion resistance. Manufacturers of paint are facing difficulties due to the limited support for current filler and formulation alternatives. As a result, businesses in the specialty silica market are developing a solid research foundation in the particle morphology of fillers. For instance, the revolutionary synthetic silica SPHERILEX®, which is created utilizing the specific technique of the spherical particle shape, is becoming more and more popular on the spherical silica market growth thanks to Evonik Industries, a specialty chemicals firm with headquarters in Germany.

Engineers are developing synthetic silica to increase the toughness and enhance the resilience of paints and coatings. To enable these solutions to offer a range of wet reaction process conditions, companies in the specialty silica market are doing away with the necessity for standard silica advantages in coatings.

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SPHERICAL SILICA MARKET SEGMENTATION

By Type

Depending on spherical silica granules sizes given are types: 0.01μm-10μm, 10μm-20μm, above 20μm. The 10μm-20μm, above 20μm will capture the maximum market share through forecast period.

By Application

The market is divided into Filler, Sintering, Coating and others based on application. The global spherical silica market players in cover segment like into Filler, Sintering, and Coating will dominate the market share during forecast period.

DRIVING FACTORS

Chemical Mechanical Planarization to Increase Market Share

The polishing method known as chemical mechanical planarization (CMP) is used to remove undesirable conductive and dielectric materials from semiconductors and microelectronic components. For the most part, CMP slurries employ colloidal and fumed silica as abrasive particles. Due to its high purity and straightforward production, flame-pyrolyzed fumed silica is utilised extensively. Fumed silica stabilises CMP slurries by removing big particles with preference. The demand for CMP slurries has increased as a result of the CMP industry's expansion and increase in of spherical silica market share the microelectronics sector's growth. As a result, the need for spherical silica has increased.

Application in Electronic Packaging Materials Leading To Market Growth

Substrate material, plastic sealing material, lead frame and solder, and these three components make up the bulk of electronic packaging. Since its invention, plastic packaging has evolved quickly due to its low cost, straightforward manufacturing method, and suitability for mass production. Plastic packaging now makes up a growing portion of packaging and accounts for more than 95% of the global integrated circuit market. Epoxy plastic packaging (EMC), a kind of plastic packaging, is the standard for integrated circuit packaging and is used to encapsulate over 95% of microelectronic components. Due to the overuse of spherical silica, it can be predicted that in the near future, there will be a rise of the same material, increasing the likelihood of expansion for spherical silica market growth.

RESTRAINING FACTORS

Silica Leakage May Cause Damage to Downstream Wastewater Equipment at Facilities.

Producers must deal with silica leakage, which happens as silica levels grow in a facility's raw water treatment system. This causes difficulties with excess silica in effluents and difficulty in wastewater treatment. As a result, players in the of spherical silica market are implementing smart planning strategies to minimize potential scaling and fouling damage to downstream wastewater equipment. Samco Technologies, which develops, produces, and supports specialised wastewater equipment systems, is teaching silica manufacturers that the chemical feeders and sludge handling components used in lime softening systems must be capable of managing silica removal.

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SPHERICAL SILICA MARKET REGIONAL INSIGHTS

Asia Pacific to Dominate Owing to Growing Industrial Production

In 2021, Asia Pacific led the spherical silica market, accounting for more than 40% of total revenue. Growing economic growth in the region's developing countries is expected to have a significant influence in increasing tyre manufacturing. Furthermore, the coatings sector is expected to expand as a result of growing building activity in the region. Product demand is driving leading market players to increase their manufacturing facilities. For example, Evonik Wynca (Zhenjiang) Silicon Material began operations in October 2021, making it Evonik's first fumed silica facility in China. Evonik intends to position itself by establishing a worldwide supply network for its Chinese and Asian clients.

In terms of revenue, North America accounted for the second-largest proportion in 2021. The region's governments are investing in the building of affordable housing, which is likely to drive demand for paints and coatings. For example, the Canadian government contributed USD 10 billion to the whole housing programme for the following five years in April 2022. Europe is a significant area for the spherical silica market. Pharmaceuticals, automobiles, FMCG, and high-end luxury items are among the industries boosting product demand in the region. Regulations governing the reduction of VOC emissions in the paints and coatings sector are projected to drive demand for eco-friendly spherical silica in the area in the coming years.

KEY INDUSTRY PLAYERS

Market Players Focus on New Product Launches to Strengthen Market Position

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.

List of Top Spherical Silica Companies

• Micron
• Denka
• Tatsumori
• Admatechs
• Shin-Etsu Chemical
• Imerys
• Sibelco Korea
• Jiangsu Yoke Technology
• NOVORAY

REPORT COVERAGE

Due to rising demand from several end-use sectors, including paints and coatings, construction, cosmetics, and automotive, the worldwide spherical silica market is expanding more quickly. This market is expanding as a result of growing knowledge of the many advantages of spherical silica, including its high refractive index, low coefficient of thermal expansion, and chemical inertness. In addition, it is projected that in the next years, market participants would benefit from the expanding usage of nano-sized spherical silica in a variety of applications due to its better physical and chemical characteristics.