FactMR: Colloidal Silica Market Growth Reliant on Extensive Applications in the Coatings Industry: Fact. MR High demand for abrasion resistance and durability of surfaces to increase uptake of colloidal silica for different paint formulations ROCKVILLE, MD / ACCESSWIRE / February 19, 2021 / Award winning market research company Fact.MR has published a report on the global colloidal silica market. As per its findings, the market is expected to witness a gradual incline through 2021, attributed to the cessation of production activities of key end-use industries amidst the COVID-19 pandemic crisis. The market is expected to make substantial gains in the long-run, expected to grow at a 6% CAGR across the forecast period.