In recent years, precipitated silica, as an important inorganic material, has been widely used in various fields such as tires, shoes, silicone rubber, medicine, feed, and toothpaste due to its unique physical and chemical properties. With the continuous development of the global economy and the increasing awareness of environmental protection, the market demand for precipitated silica is showing a steady growth trend.
According to the latest market research report, the total size of the global silicon dioxide market has reached 65.933 billion yuan in 2024, with the Chinese market reaching 16.444 billion yuan. It is expected that the silica market will continue to grow at a compound annual growth rate of 6.16% in the coming years, and the global market size is expected to reach 94.365 billion yuan by 2030. As an important branch of the silica industry, precipitated silica has a promising market prospect.
From the perspective of application fields, the tire industry is one of the main consumer markets for precipitated silica. With the promotion and popularization of green tires, the proportion of silica added as a special material for green tires continues to increase, further promoting the application of precipitated silica in the tire field. Meanwhile, the demand for precipitated silica is steadily increasing in industries such as footwear, silicone rubber, feed, and toothpaste.
As the world's largest tire manufacturer and consumer, China has a particularly prominent demand for precipitated silica. In recent years, Chinese precipitated silica enterprises have continuously improved their technology and expanded their production scale, and their product quality has been able to meet the demands of the international mainstream market. With cost advantages, Chinese precipitated silica enterprises are accelerating their entry into the international market, and their products are mainly exported to countries and regions such as Europe, South Korea, Brazil, and Southeast Asia.
Looking ahead, with the further recovery of the global economy and the continuous promotion of environmental policies, the market demand for precipitated silica will continue to grow. Especially in the fields of green tires, silicone rubber, animal medicine feed, and coatings, precipitated silica will become a new growth point in demand. At the same time, Chinese precipitated silica enterprises will continue to increase their technological research and development and market expansion efforts, continuously improve product competitiveness and market share, and contribute to the sustainable and healthy development of the industry.