Sio2 (Precipitated Silica) Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of SLES (Sodium Lauryl Ether Sulfate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

SiO2 (Precipitated Silica) Price Trend for the First Half of 2023

Asia

The first quarter enjoyed a rise in the prices of SiO2 (precipitated silica) as the consistent demand and improvement in the number of sales in the pharmaceuticals sector supported the market momentum. In addition to this, the onset of the spring festival and the ongoing rift between Russia and Ukraine also proved to be fruitful for the price trend of SiO2 (precipitated silica).

Sio2 (Precipitated Silica) Price Trends and Forecast

The second quarter, however, took a negative turn as the prices decreased steeply. The economic indicators suggested that the purchasing activities during this quarter slumped. Along with this, the manufacturing industries also witnessed a contraction that eventually led to a fall in the price trend of SiO2 (precipitated silica).

Europe

In the first quarter of 2023, the prices of SiO2 (precipitated silica) inclined steeply as the momentum of the market was fueled by high input costs and rising rates of inflation. The second quarter, however, experienced the downfall of the SiO2 (precipitated silica) prices. The major cause of this fall in the trajectory was the decline in manufacturing activities and lower demand in the consumer sector.

North America

The growing cost of raw materials and strong demand sentiments of the domestic sector helped the price trend of SiO2 (precipitated silica) to rise. The second quarter, on the other hand, failed to maintain the required momentum, and thus, the prices of SiO2 (precipitated silica) declined.

The supply and demand in both domestic and overseas industries took a bearish turn that traded the prices of SiO2 (precipitated silica) towards a downward journey. In addition to this, the global economy also took a hit that slowed down the rise in oil prices and energy costs, which also aided the downfall of the SiO2 (precipitated silica) price trend.

Analyst Insight

According to Procurement Resource, the price trend of SiO2 (Precipitated Silica) is estimated to move southwards due to the fall in demand rates.

Procurement Resource provides latest prices of Sio2 (Precipitated Silica). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Sio2 (also known as Precipitated Silica) is a synthetic amorphous form of silicon dioxide that belongs to the Silanol group. It is largely employed as a preliminary stage in the production of ceramic products in the industrial sector. It's also utilised in the culinary, pharmaceutical, rubber, and plastics sectors as a cleaning, thickening, performance improvement, and polishing agent.

Product Details

Report Features Details
Product Name SiO2 (Precipitated Silica)
Industrial Uses Filler, softeners, or performance enhancers in rubber and plastics., Cleaning and polishing agent in toothpaste for oral health care., Food rheology modifier, Defoamer
Chemical Formula SiO2
Molecular Weight 60.01 g/mol
Supplier Database Evonik Industries AG, PPG Industries Inc., W.R. Grace & Co., Tosoh Silica Corporation, Solvay SA, Huber Engineered Materials, Oriental Silica Corporation
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of SiO2 by Precipitation

This technique involves reacting sodium silicate solution with sulphuric acid. To obtain precipitated silica, the produced solution is precipitated, filtered, rinsed, and dried.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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