The US market for Fumed Silica has undergone a decent uptick in March xxxx after a period of sluggishness. The prices have taken a sharp turn upwards driven by a surge in demand from the downstream construction industry. This newfound bullish trend reflected a global phenomenon, with construction firms across the US, both domestic and international, ramping up their Fumed Silica consumption. The residential homebuilding, commercial projects, and civil engineering works have all witnessed a significant uptick in activity during March which resulted in heightened demand for Fumed Silica, a critical component in various construction materials like paints, coatings, and sealants.
The US Fumed Silica market has experienced a surge in demand during March due to a booming construction industry. This, combined with the traditional spring peak in home buying, has pushed prices upward. While there were some concerns regarding a slowdown in manufacturing and its potential...
