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News  ›  GlobeNewswire Inc.

Specialty Silica Market Size to Reach USD 11.79 Billion by 2033 Due to the Increasing Demand from Automotive and Tire Industry for Fuel Efficiency | SNS Insider

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Sns Insider
Specialty Silica Market Size to Reach USD 11.79 Billion by 2033 Due to the Increasing Demand from Automotive and Tire Industry for Fuel Efficiency | SNS Insider

The global specialty silica market is projected to grow from USD 7.15 billion in 2025 to USD 11.79 billion by 2033, with a CAGR of 6.47%. Growth is driven by increasing demand from the automotive and tire industries for fuel efficiency, particularly in electric vehicle tires, and expanding applications in pharmaceuticals, food processing, and personal care. Precipitated silica leads the market with 40.16% share, while the U.S. market is expected to reach USD 2.30 billion by 2033.

Insights
CBT   positive

Launched new hydrophobic fumed silica grade targeting the pharmaceutical sector in April 2024, showing active product innovation and expansion into high-growth pharmaceutical applications.