ERJ staff report (LMH)
London -- Notch Consulting has published the latest edition of the Silica Market Update, a biannual report on the precipitated silica industry.
The April 2012 issue is 31 pages with 10 tables detailing silica demand by region, market, and application, current pricing by application and region (US, EU, China), nameplate production capacity by company and country, and recent and proposed capacity expansion projects.
The global precipitated silica market saw good growth in 2011 despite a relatively weak 4Q 2011 caused by a weaker demand from truck tyres in Europe. Global demand reached 2 million tonnes, with year-on-year gains of close to 6 percent, Notch said in a 27 April news release.
Despite the slowdown in the fourth quarter, Notch said it expects silica demand to remain robust in 2012, driven largely by a solid outlook in the motor vehicle market, which should drive silica demand in tyre, non-tyre, battery separator, and paint markets.
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Press release from Notch Consulting