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The end-user sectors that use silica goods include those in the automotive, electronics, printing, coatings, personal care, and other areas.
Specialty Silica is produced as round pebbles, sawed or trimmed blocks, or fine powder. It is also used as a crucial component in the formulation of many products for these industries.
The demand for specialty silica from various end-use industries has increased over the past few years, and it is anticipated to continue expanding in the coming years as end-use industries like the rubber and plastics industries continue to rise.
The demand for specialty silica is anticipated to be driven by factors such rising tyre production as a result of various government requirements, high consumer product consumption in the form of footwear and oral care products, rising industrial applications, and others.
Among other things, specialty silica is used in electrical and electronic devices, personal care products, food and drinks, animal feed, and inks and coatings. Growth in the rubber sector eventually results in a profitable increase in the demand for speciality silica.
Specialty silica is employed as a performance addition in a variety of sectors, including the rubber and plastics industries. One of the main growing drivers is the tendency to employ specialised silica as performance additives for making environmentally friendly and energy-efficient tyres.
Increased demand from the automotive sector will continue to support growth because of the wide range of applications it has in the production of tyres, including filler material.
The India specialty silica market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
TATA Chemicals acquires Allied Silica Ltd. as part of a slump sale to grow its specialty silica business.
According to the business, the transaction is anticipated to be completed in three months. The purchase represents a component of the funding for this specialty business that the board has approved.
A manufacturing facility in Tamil Nadu will be purchased as part of the business transfer deal with Allied Silica, and it will be used to create highly dispersible silica (HDS).
Tata Chemicals, which ranks among the top manufacturers worldwide in the soda ash industry, has added value to its soda ash business downstream with the specialised chemical product.
With the help of their core competencies, they will use this purchase as a further step in their quest to develop competitive businesses that are more focused on the needs of their customers and digitally enabled.
A good example of this is the production of specialty and performance silicas. According to the managing director of Tata Chemicals, this is consistent with their goal of expanding both
