North America Fumed Silica Market size surpassed USD 388 million in 2020 and is estimated to register around 4.5% growth rate from 2021 to 2027. The market expansion is attributed to the increased demand in the automotive & transportation, construction, electrical & electronics, food & beverages, personal care & beauty, and pharmaceutical sectors.

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The positive outlook of the North American pharmaceutical industry will boost the fumed silica market demand. North America accounts for almost half of the pharmaceutical market. In 2019, the U.S. pharmaceutical industry alone generated around USD 500 billion in revenue. Access to high-priced medicines, a strong focus on research & development, and favorable government policies will promote the country's pharmaceutical industry growth.

North America Market, By Product

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Based on product, the hydrophilic segment will expand at 4.3% CAGR during the forecast timeframe. Hydrophilic fumed silica can be completely immersed and dispersed in water. It is obtained by hydrolyzing volatile chlorosilanes in an oxygen-hydrogen flame. This silica has excellent high-temperature insulation properties. In addition, it is used to strengthen and thicken organic silicon as a lubricant in food & industrial powders and to thicken non-polar solvents such as mineral spirits, styrene & xylene.

North America Market, By Application

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In terms of application, the pharmaceutical, beauty & personal care application segment value in the North America fumed silica market will cross USD 229 million by 2027. Fumed silica is widely used as a pharmaceutical excipient to improve the efficiency of drug manufacturing processes cost-effectively. The product is used as a disintegrant, lubricant, filler, binder, and absorbent in various capsule, tablet, and powder manufacturing processes. The flow properties of the raw materials will increase the hardness of tablets and capsules.

The silicone elastomer segment is likely to showcase a growth of 4.3% through 2027. Fumed silica is used in High-Temperature Vulcanization (HTV) silicone rubber to improve surface quality, reinforcement, sag resistance, dispersion, and durability. It is used in liquid silicone rubber to improve enhanced performance, rheology control, and anti-settling & anti-kinking properties. In the manufacture of silicone elastomers, fumed silica is added to increase tensile strength, elongation, modulus, toughness, and hardness. Moreover, it also improves flame extrudability, thermal stability, retardancy, and transparency.

Competitive Industry Landscape

Prominent companies operating in the North America fumed silica market include Cabot Corporation, Applied material Solutions, Evonik Industries AG, OCI Company Limited, and Wacker Chemie AG.

Manufacturers are increasing R&D investments to exhibit the development of the latest low-cost manufacturing process. For instance, in September 2019, Cabot Corporation announced the grand opening of its newly built fumed silica manufacturing facility in Wuhai, Inner Mongolia (China). This facility will add approximately 8,000 metric tons to its overall fumed silica annual production capacity.