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Specialty Silica Market Is Likely To Up Demand At A USD 10.1 Billion By 2030

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  San Francisco, 24 Nov 2022:  The Report  Specialty Silica Market  Size, Share & Trends Analysis Report By Product (Precipitated Silica, Fumed Silica, Silica Gel), By Application (Rubber, Agrochemicals, Food), By Region, And Segment Forecasts, 2022 - 2030 The global specialty silica market size is expected to reach USD 10.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2022 to 2030. The increasing investments in the construction and infrastructure industry are expected to propel the demand for paints and coatings, and eventually benefit the product demand over the coming years. Governments across the world are trying to provide affordable houses to their citizens, which is expected to propel the demand for paint and coatings across the forecast period. For instance, in October 2021, the government of Israel announced a USD 5 billion housing plan from 2022 to 2025. The government is expected to start