Colloidal Silica Industry Analysis in North America

Colloidal Silica Sales Outlook for North America (2023 to 2033)

Revenue from the sales of colloidal silica in North America has reached US$ 226.9 million in 2023 and is projected to increase at a CAGR of 3.6% to end up at US$ 332.9 million by 2033.

Colloidal silica is a suspension of fine, solid, and amorphous silica particles in a liquid, typically water. These silica particles are extremely small, usually in the nanometer size range, and they remain suspended in the liquid due to their high surface area and electric charge, which creates a stable and uniform dispersion.

Colloidal silica is commonly used in various industrial applications and has a wide range of uses, including polishing and abrasives, catalysis, binder in refractories, coatings and films, personal care products, and more. The unique properties of colloidal silica, including its small particle size, stability, and ability to modify surfaces, make it a versatile material in various industrial and commercial sectors. It is mainly valued for its role in enhancing product performance and manufacturing processes.

• As per this detailed study by Fact.MR, a market research and competitive intelligence provider, demand for colloidal silica in the electronics sector is projected to increase at a CAGR of 3.7% and reach a market value of US$ 52.7 million by 2033-end.

Colloidal silica can be incorporated into materials used in electronics manufacturing, such as specialty ceramics, where it can act as a binder or help with the formation of high-quality materials for electronic components. Colloidal silica is also a crucial component in the CMP process used in semiconductor manufacturing. Colloidal silica slurries are used to remove excess material and achieve the desired surface finish. The growing demand for smaller, more powerful, and higher-density semiconductor components is driving colloidal silica use in the CMP process.

Report Attributes	Details
Colloidal Silica Sales in North America (2023E)	US$ 226.9 Million
Forecasted Sales (2033F)	US$ 332.9 Million
Demand Growth (2023 to 2033)	3.6% CAGR
Alkaline Colloidal Silica Sales (2023E)	US$ 139.6 Million
Demand Growth in Electronics Sector (2023 to 2033)	3.7% CAGR
Acidic Colloidal Silica Sales (2033F)	US$ 121.5 Million
Key Companies Profiled	Evonik Industries; PQ Corporation; AkzoNobel; Nalco Water; Grace Construction Products; Aldon Corporation; Huber Engineered Materials; Adeka Corporation

What is Driving Colloidal Silica Consumption in North America?

“Colloidal Silica Major Chemical in Enhancing Electronics Precision”

The North American electronics industry stands as a silent powerhouse of innovation. Colloidal silica a remarkable and inconspicuous material plays a vital role in small and powerful electronic devices. The electronics industry in North America is a major consumer of colloidal silica.

• Sales of colloidal silica in the North American electronics sector are calculated at US$ 35.8 million for 2023.

In the production of electronic devices, the surfaces of critical components such as semiconductor wafers, glass substrates, and optical lenses must be extremely smooth and free of imperfections. Colloidal silica abrasives are used for precision polishing, ensuring that these surfaces meet the stringent quality requirements of the electronics industry. Smaller electronic components require even more precise surface treatments, making colloidal silica indispensable for achieving the desired quality and performance standards.

“Move toward Green Manufacturing with Introduction of Eco-friendly Colloidal Silica”

Environmental sustainability is driving the demand for low-VOC colloidal silica products in North America. Manufacturers of colloidal silica are increasingly recognizing the importance of aligning their production processes with environmentally friendly practices.

One of the primary objectives in the development of eco-friendly colloidal silica products is the reduction of volatile organic compounds (VOCs). VOCs are chemicals that can easily vaporize into the atmosphere, potentially contributing to air pollution and negatively impacting human health. Low VOC colloidal silica formulations are sought after by manufacturers, particularly in industries where air quality regulations are stringent, such as electronics and semiconductor manufacturing.

Thus, the adoption of environmentally friendly and sustainable practices in the production of colloidal silica products reflects a broader shift towards responsible and sustainable manufacturing in North America.

Country-wise Analysis

What’s Driving Colloidal Silica Sales in the United States?

“Strict Environmental Regulations Increasing Consumption of Eco-friendly Colloidal Silica Products”

Attribute	United States
Market Value (2023)	US$ 198.9 Million
Demand Growth (2023 to 2033)	3.7% CAGR
Projected Value (2033)	US$ 295.9 Million

Strong environmental regulations in the United States are leading to a high emphasis on green and sustainable manufacturing practices. Manufacturers are increasingly turning to eco-friendly colloidal silica products with lower VOCs and reduced environmental impact, which are in high demand.

Demand for advanced materials, including high-performance ceramics, composites, and coatings, is growing across North American industries such as aerospace, automotive, and healthcare. Colloidal silica is an integral component in the production of these advanced materials, which is further increasing its sales growth.

How is the Market Evolving in Canada?

“Growing Use in Manufacturing and Construction Sector”

Attribute	Canada
Market Value (2023)	US$ 28 Million
Demand Growth (2023 to 2033)	2.6% CAGR
Projected Value (2033)	US$ 37 Million

The Canadian manufacturing and construction sectors benefit from colloidal silica in precision polishing, coatings, and refractory applications. The growth in these industries is driving the demand for colloidal silica in Canada.

Canada is also increasingly focusing on renewable energy sources and green technologies. Colloidal silica has applications in the development of solar panels, battery technologies, and energy storage solutions, supporting its sales in the renewable energy sector.

Category-wise Analysis

Which Colloidal Silica Formulation is Gaining Traction in the Region?

“Growing Preference for Alkaline Colloidal Silica in Electronics and Display Technology Manufacturing”

Attribute	Alkaline Colloidal Silica
Segment Value (2023)	US$ 139.6 Million
Demand Growth (2023 to 2033)	3.9% CAGR
Projected Value (2033)	US$ 211.4 Million

Alkaline colloidal silica finds application in the electronics sector beyond semiconductor manufacturing. It is used in the production of displays, including LCDs and OLEDs. The continuous demand for high-quality and high-resolution displays in electronic devices is driving the alkaline colloidal silica sales in North America.

Alkaline colloidal silica is also used in various industries for the production of advanced materials, such as composites, ceramics, and coatings. These materials find applications in aerospace, automotive, and other high-performance sectors, contributing to the demand for alkaline colloidal silica.

Competitive Landscape

North American colloidal silica manufacturers are employing several organic and inorganic strategies to increase their earnings and maintain a competitive edge in the market.

Leading market players are diversifying their product offerings to meet the specific needs of different industries and applications. By expanding their product lines, manufacturers are also tapping into various markets and customer segments.

• In November 2021, Nouryon unveiled plans to expand the production capacity of its colloidal silica manufacturing facility located in Green Bay, Wisconsin, USA. This capacity expansion is addressing the growing colloidal silica demand within the packaging and construction sectors.

Segmentation of Colloidal Silica Study in North America

• By Formulation :

  • Alkaline
  • Acidic

• By Application :

  • Catalysts
  • Electronics
  • Coatings
  • Construction
  • Refractories
  • Investment Castings

• By Particle Size :

  • Up to 50 nm
  • 51 to 100 nm
  • Above 100 nm

• By Country :

  • United States
  • Canada