Asia Pacific Colloidal Silica Market to Grow at a CAGR of 6.5% to reach US$ 525.0 Million from 2021 to 2028
The Asia Pacific colloidal silica market was valued at US$ 338.4 million in 2021 and is projected to reach US$ 525.0 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028.
Colloidal silica is a dispersion of amorphous silicon dioxide particles in water. It is widely used across pulp & paper, pharmaceutical, electronics, and other industries. The bonds formed by colloidal silica during the chemical processing are thermally stable and chemically inert. It is a highly used catalyst in many industries for product formation. Colloidal silica is a majorly used binder in the investment casting industry. Moreover, numerous applications of colloidal silica, such as flocculants and surface modification, are driving the consumption. The market for colloidal silica in Asia Pacific is highly competitive due to the presence of regional players.In 2020, China held the largest share of the Asia Pacific colloidal silica market. The growing end-use industries such as paints & coatings, pharmaceuticals, pulp & paper, and electronics are driving the demand for colloidal silica in the country. The investment casting industry in China is growing at the fastest rate with an increase in the number of manufacturers in the country, which is resulting in increased consumption of colloidal silica. Additionally, colloidal silica is used in a wide range of applications in manufacturing industries in China – as a performance-enhancing additive to concrete, an abrasive polishing agent, a catalyst attrition resistance, and a ceramic fiber binder. China is the largest exporter and producer of automotive castings globally; therefore, the casting industry is highly dominated by China. All these factors have led to the growth of the colloidal silica market during the forecast period.
Impact of COVID-19 Pandemic on Asia Pacific Colloidal Silica Market
The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 pandemic disturbed manufacturing processes due to restrictions imposed by government authorities in various countries. Asia Pacific has a lot of industries that use colloidal silica, and the adverse effect of the pandemic on investment casting, paints & coatings, chemical industries negatively impacted the demand for colloidal silica from these industries.
Further, the pandemic caused fluctuations in raw material prices of colloidal silica. However, since the start of the COVID-19 pandemic, there has been a significant increase in the demand for the electronics & semiconductors, but the overall supply-demand gap has hampered the market in the region. This factor has been responsible for negatively impacting the colloidal silica market to some extent. Furthermore, the demand for colloidal silica is expected to rise in the region as various economies revive their operations.
Asia Pacific Colloidal Silica Market Breakdown – by Region
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Market Insights
Versatility of Colloidal Silica
Versatility of Colloidal Silica
Colloidal silica is a highly versatile material used to enhance the properties of many products from various industries such as building & construction, food & beverages, and pulp & paper. Colloidal silica is used for enhancing oxygen barrier properties, improving ink absorption, and forming strong hydrogen and ionic bonds with fibrous and granular materials in chemical processing.
Colloidal silica adheres well to many surfaces via hydrogen and ionic bonding. The silica particles in colloidal silica increase friction coefficient when applied to the surface, making it suitable for use in industrial and architectural coatings, polishing slurries, flooring, and paper and cardboard. Colloidal silica is utilized for flocculant application due to its availability in various grades with cationic and anionic sol charges. Colloidal silica is an excellent flocculant for insulation board, beverage fining, and paper drainage and retention due to its high binding properties. Versatile applications of colloidal silica have resulted in consistent demand from chemical and other end-use industries that are anticipated to grow over the forecast period. Therefore, the growth of end-use industries drives the market for colloidal silica.
Application Insights
Based on application, the Asia Pacific colloidal silica market has been segmented into pulp and paper, building and construction, paints and coatings, electronics and semiconductors, pharmaceutical, investment casting, and others. The others segment accounted for the largest market share in the Asia Pacific colloidal silica market in 2020. The other segment includes thickening agent, abrasion resistant, and rheological additive. Colloidal silica is used as an epoxy thickening additive to maintain the viscosity of the epoxy. It is used as a rheological additive in personal care products to control flowability. The diverse application of colloidal silica in manufacturing industries has increased the demand for colloidal silica in the region.
Asia Pacific Colloidal Silica Market, by Product Type – 2020 and 2028
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Asia Pacific Colloidal Silica Market: Strategic Insights
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Asia Pacific Colloidal Silica Market: Strategic Insights
Shejal
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Nouryon; Nissan Chemical Corporation; Jinan Yinfeng Silicon Products Co., Ltd.; FUSO CHEMICAL CO., LTD.; YOUNG IL CHMICAL CO., LTD.; Zhejiang Yuda Chemical Co., Ltd.; Dr. Khan Industrial Consultants Pvt. Ltd. ( DKIC); GuangDong Well-Silicasol Co., Ltd; Qingdao Hai Wan Chemical (Group) Co., Ltd.; and BeeChems are among the major players operating in the Asia Pacific colloidal silica market. Players operating in the Asia Pacific colloidal silica market are constantly focusing on strategies such as investments in research and development activities and new product launches. These market players are highly focused on the development of high-quality and innovative product offerings to fulfill the customers’ requirements.
Report Spotlights
- Progressive industry trends in the Asia Pacific colloidal silica market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the Asia Pacific colloidal silica market from 2019 to 2028
- Estimation of demand for colloidal silica in Asia Pacific
- Recent developments to understand the competitive market scenario
- Market trend and outlook, as well as factors driving and restraining the growth of the Asia Pacific colloidal silica market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the Asia Pacific colloidal silica market at various nodes
- Detailed overview and segmentation of the market, as well as the Asia Pacific colloidal silica industry dynamics
- Size of the Asia Pacific colloidal silica market in various regions with promising growth opportunities
Asia Pacific Colloidal Silica Market
Product Type
- Alkaline
- Acidic
- Modified
- Ordinary
Application
- Pulp and Paper
- Building and Construction
- Paints and Coatings
- Electronics and Semiconductors
- Pharmaceutical
- Investment Casting
- Others
Company Profiles
- Nouryon
- Nissan Chemical Corporation
- Jinan Yinfeng Silicon Products Co., Ltd.
- FUSO CHEMICAL CO., LTD.
- YOUNG IL CHMICAL CO., LTD.
- Zhejiang Yuda Chemical Co., Ltd.
- Dr. Khan Industrial Consultants Pvt. Ltd. ( DKIC)
- GuangDong Well-Silicasol Co., ltd
- Qingdao Hai Wan Chemical (Group) Co., Ltd.
- BeeChems
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Asia Pacific Colloidal Silica Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material
4.4.2 Manufacturing/Post-Processing
4.4.3 End-Use
4.5 Application Analysis
4.6 List Of Potential Customers By Application
4.7 List Of Colloidal Silica Manufacturers, By Country
4.8 Colloidal Silica Price Trend Analysis, By Country, 2019 & 2020
5. Colloidal Silica Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Investment Casting Industry
5.1.2 Versatility of Colloidal Silica
5.2 Market Restraints
5.2.1 Decline in Textile Industry in Asia
5.3 Market Opportunities
5.3.1 Widening Scope of Aqueous Colloidal Silica
5.4 Future Trends
5.4.1 Product Innovations
5.5 Impact Analysis of Drivers and Restraints
6. Colloidal Silica – Asia Pacific Market Analysis
6.1 Colloidal Silica Market Overview
6.2 Asia Pacific Colloidal Silica Market –Revenue and Forecast to 2028
6.3 Asia Pacific Colloidal Silica Market –Volume and Forecast to 2028
6.4 Competitive Positioning – Key Market Players
7. Colloidal Silica Market Analysis – by Product Type
7.1 Overview
7.2 Colloidal Silica Market , by Product Type (2020 and 2028)
7.3 Alkaline
7.3.1 Overview
7.3.2 Alkaline : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 Alkaline : Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
7.4 Acidic
7.4.1 Overview
7.4.2 Acidic : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3 Acidic : Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
7.5 Modified
7.5.1 Overview
7.5.2 Modified: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
7.5.3 Modified: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
7.6 Ordinary
7.6.1 Overview
7.6.2 Ordinary: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
7.6.3 Ordinary: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
8. Colloidal Silica Market Analysis – by Application
8.1 Overview
8.2 Colloidal Silica Market , by Application (2020 and 2028)
8.3 Pulp and Paper
8.3.1 Overview
8.3.2 Pulp and Paper: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3 Pulp and Paper: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
8.4 Building and Construction
8.4.1 Overview
8.4.2 Building and Construction : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.4.3 Building and Construction : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Paints and Coatings
8.5.1 Overview
8.5.2 Paints and Coatings: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.5.3 Paints and Coatings: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
8.6 Electronics and Semiconductors
8.6.1 Overview
8.6.2 Electronics and Semiconductor : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.6.3 Electronics and Semiconductor : Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
8.7 Pharmaceuticals
8.7.1 Overview
8.7.2 Pharmaceuticals : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.7.3 Pharmaceuticals : Colloidal Silica Market –Volume and Forecast to 2028 (Tons)
8.8 Investment Casting
8.8.1 Overview
8.8.2 Investment Casting: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.8.3 Investment Casting : Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
8.9 Others
8.9.1 Overview
8.9.2 Others : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
8.9.3 Others : Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
9. Asia Pacific Colloidal Silica Market – Country Analysis
9.1 Asia Pacific: Activated Carbon Market
9.1.1 Asia Pacific: Colloidal Silica Market, by Key Country
9.1.1.1 Australia: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Colloidal Silica Market, by Product Type
9.1.1.1.2 Australia: Colloidal Silica Market, by Application
9.1.1.2 China: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Colloidal Silica Market, by Product Type
9.1.1.2.2 China: Colloidal Silica Market, by Application
9.1.1.3 India: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Colloidal Silica Market, by Product Type
9.1.1.3.2 India: Colloidal Silica Market, by Application
9.1.1.4 JAPAN: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 JAPAN: Colloidal Silica Market, by Product Type
9.1.1.4.2 JAPAN: Colloidal Silica Market, by Application
9.1.1.5 South Korea: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Colloidal Silica Market, by Product Type
9.1.1.5.2 South Korea: Colloidal Silica Market, by Application
9.1.1.6 Indonesia: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Indonesia: Colloidal Silica Market, by Product Type
9.1.1.6.2 Indonesia: Colloidal Silica Market, by Application
9.1.1.7 Taiwan : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.7.1 Taiwan : Colloidal Silica Market, by Product Type
9.1.1.7.2 Taiwan : Colloidal Silica Market, by Product Type
9.1.1.8 Thailand: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.8.1 Thailand: Colloidal Silica Market, by Product Type
9.1.1.8.2 Thailand: Colloidal Silica Market, by Application
9.1.1.9 Vietnam: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.9.1 Vietnam: Colloidal Silica Market, by Product Type
9.1.1.9.2 Vietnam: Colloidal Silica Market, by Application
9.1.1.10 Rest of Asia Pacific: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.10.1 Rest of Asia Pacific: Colloidal Silica Market, by Product Type
9.1.1.10.2 Rest of Asia Pacific: Colloidal Silica Market, by Application
10. Impact of COVID-19 Pandemic on Asia Pacific Colloidal Silica Market
10.1 Impact of COVID-19 on Colloidal Silica Market
10.2 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 Nouryon
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nissan Chemical Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 inan Yinfeng Silicon Products Co., Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 FUSO CHEMICAL CO., LTD.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 YOUNG IL CHEMICAL CO., LTD
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Zhejiang Yuda Chemical Co.,Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Dr. Khan Industrial Consultants Pvt. Ltd. (DKIC)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 GuangDong Well-Silicasol Co., Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Qingdao Haiwan Group Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 BeeChems
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Colloidal Silica Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific Colloidal Silica Market –Volume and Forecast to 2028 (Tons)
Table 3. Asia Pacific Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Asia Pacific Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 5. Asia Pacific Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. Asia Pacific Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 7. Australia Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Australia Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 9. Australia Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Australia Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 11. China Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. China Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 13. China Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. China Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 15. India Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. India Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 17. India Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. India Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 19. JAPAN Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. JAPAN Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 21. JAPAN Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. JAPAN Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 23. South Korea Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. South Korea Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 25. South Korea Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. South Korea Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 27. Indonesia Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Indonesia Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 29. Indonesia Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. Indonesia Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 31. Taiwan Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 32. Taiwan Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Taiwan Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 34. Taiwan Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 35. Thailand: Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. Thailand Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 37. Thailand Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Thailand Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 39. Vietnam Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Vietnam Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 41. Vietnam Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. Vietnam Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 43. Rest of Asia Pacific Colloidal Silica Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 44. Rest of Asia Pacific Colloidal Silica Market, by Product Type – Volume and Forecast to 2028 (Tons)
Table 45. Rest of Asia Pacific Colloidal Silica Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of Asia Pacific Colloidal Silica Market, by Application – Volume and Forecast to 2028 (Tons)
Table 47. Glossary of Terms, Asia Pacific Colloidal Silica Market
LIST OF FIGURES
Figure 1. Asia Pacific Colloidal Silica Market Segmentation
Figure 2. Colloidal Silica Market Segmentation – By Geography
Figure 3. Asia Pacific Colloidal Silica Market Overview
Figure 4. Asia Pacific Colloidal Silica Market, By Product Type
Figure 5. Asia Pacific Colloidal Silica Market, By Geography
Figure 6. Asia Pacific Colloidal Silica Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Ecosystem Chain: Colloidal Silica
Figure 10. Colloidal Silica Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Asia Pacific Colloidal Silica Market
Figure 12. Asia Pacific: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Asia Pacific: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 14. Colloidal Silica Market Revenue Share, by Product Type (2020 and 2028)
Figure 15. Alkaline : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Alkaline : Colloidal Silica Market – Revenue and Forecast to 2028 (Tons)
Figure 17. Acidic : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Acidic : Colloidal Silica Market – Revenue and Forecast to 2028 (Volume)
Figure 19. Modified: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Modified: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 21. Ordinary: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Ordinary: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 23. Colloidal Silica Market Revenue Share by Application (2020 and 2028)
Figure 24. Pulp and Paper: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Pulp and Paper: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 26. Building and Construction : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Building and Construction : Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 28. Paints and Coatings: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Paints and Coatings: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 30. Electronics and Semic Conductors: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Electronics and semiconductors: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 32. Pharmaceuticals : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Pharmaceuticals: Colloidal Silica Market –Volume and Forecast to 2028 (Tons)
Figure 34. Investment Casting: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Investment Casting: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 36. Others: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Others: Colloidal Silica Market – Volume and Forecast to 2028 (Tons)
Figure 38. Asia Pacific : Colloidal Silica Market Revenue Share, by Key Country (2020 and 2028)
Figure 39. Australia: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. China: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. India: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. JAPAN: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. South Korea: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Indonesia: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Taiwan : Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Thailand: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Vietnam: Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of Asia Pacific Colloidal Silica Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Impact of COVID-19 Pandemic on Colloidal Silica Market in Asia Pacific
Figure 50. Impact of COVID-19 Pandemic on Colloidal Silica Market in Asia Pacific
The List of Companies - Colloidal Silica Market
- Nouryon
- Nissan Chemical Corporation
- Jinan Yinfeng Silicon Products Co., Ltd.
- FUSO CHEMICAL CO., LTD.
- YOUNG IL CHMICAL CO., LTD.
- Zhejiang Yuda Chemical Co.,Ltd.
- Dr. Khan Industrial Consultants Pvt. Ltd. ( DKIC)
- GuangDong Well-Silicasol Co.,ltd
- Qingdao Hai Wan Chemical (Group) Co., Ltd.
- BeeChems
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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