Product
Sio2 (Precipitated Silica) Price Trends and Forecast
Sio2 (Precipitated Silica) Price Trends and Forecast
Regional Price Overview
Get the latest insights on price movement and trends analysis of SLES (Sodium Lauryl Ether Sulfate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
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SiO2 (Precipitated Silica) Price Trends for the First Half of 2023
Asia
The first quarter enjoyed a rise in the prices of SiO2 (precipitated silica) as the consistent demand and improvement in the number of sales in the pharmaceuticals sector supported the market momentum. In addition to this, the onset of the spring festival and the ongoing rift between Russia and Ukraine also proved to be fruitful for the price trends of SiO2 (precipitated silica).
The second quarter, however, took a negative turn as the prices decreased steeply. The economic indicators suggested that the purchasing activities during this quarter slumped. Along with this, the manufacturing industries also witnessed a contraction that eventually led to a fall in the price trends of SiO2 (precipitated silica).
Europe
In the first quarter of 2023, the prices of SiO2 (precipitated silica) inclined steeply as the momentum of the market was fueled by high input costs and rising rates of inflation. The second quarter, however, experienced the downfall of the SiO2 (precipitated silica) prices. The major cause of this fall in the trajectory was the decline in manufacturing activities and lower demand in the consumer sector.
North America
The growing cost of raw materials and strong demand sentiments of the domestic sector helped the price trends of SiO2 (precipitated silica) to rise. The second quarter, on the other hand, failed to maintain the required momentum, and thus, the prices of SiO2 (precipitated silica) declined.
The supply and demand in both domestic and overseas industries took a bearish turn that traded the prices of SiO2 (precipitated silica) towards a downward journey. In addition to this, the global economy also took a hit that slowed down the rise in oil prices and energy costs, which also aided the downfall of the SiO2 (precipitated silica) price trends.
Analyst Insight
According to Procurement Resource, the price trends of SiO2 (Precipitated Silica) is estimated to move southwards due to the fall in demand rates.
Procurement Resource provides latest prices of Sio2 (Precipitated Silica). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Sio2 (also known as Precipitated Silica) is a synthetic amorphous form of silicon dioxide that belongs to the Silanol group. It is largely employed as a preliminary stage in the production of ceramic products in the industrial sector. It's also utilised in the culinary, pharmaceutical, rubber, and plastics sectors as a cleaning, thickening, performance improvement, and polishing agent.
Product Details
| Report Features | Details |
| Product Name | SiO2 (Precipitated Silica) |
| Industrial Uses | Filler, softeners, or performance enhancers in rubber and plastics., Cleaning and polishing agent in toothpaste for oral health care., Food rheology modifier, Defoamer |
| Chemical Formula | SiO2 |
| Molecular Weight | 60.01 g/mol |
| Supplier Database | Evonik Industries AG, PPG Industries Inc., W.R. Grace & Co., Tosoh Silica Corporation, Solvay SA, Huber Engineered Materials, Oriental Silica Corporation |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of SiO2 by Precipitation
This technique involves reacting sodium silicate solution with sulphuric acid. To obtain precipitated silica, the produced solution is precipitated, filtered, rinsed, and dried.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
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