Nano Silica Market is segmented by Product Type (P Type, S Type, and Type III), by Application Type (Concrete Mixtures, Rubber and Plastic Additive, Semiconductor, Healthcare, Coating Additive, Cosmetics, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The U.K., Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others])
Nano Silica Market is segmented by Product Type (P Type, S Type, and Type III), by Application Type (Concrete Mixtures, Rubber and Plastic Additive, Semiconductor, Healthcare, Coating Additive, Cosmetics, and Others), and by Region ...
“The Nano Silica market is expected to grow from USD 3.72 billion in 2021 to USD 5.63 billion by 2028 at a CAGR of around 6.08% during the forecast period”.
Nano silica is defined as a white fluffy powder that is composed of high purity amorphous silica powder. It is being used in various applications due to its superior benefits such as large specific surface area, large surface energy, strong surface adsorption, good dispersion, and high chemical purity.
Market Drivers
The growth of the nano-silica market is driven by the increasing use of nano-silica in concrete and rubber among others. Expanding automotive and construction industries are expected to drive market growth at a significant rate.
In addition to this, rising product demand in developing countries with significant growth of the end-use industries is likely to create lucrative opportunities for the players operating in the global market during the review period.
COVID-19 Impact
The COVID-19 outbreak posed significant challenges across verticals worldwide. Supply chain disruptions due to the imposition of lockdown affected the product availability on time and thus, affected the market growth. Additionally, a decline in the growth of the end-use industries also affected the product demand.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Product-Type Analysis
P Type, S Type, and Type III
The P-Type segment is anticipated to drive substantial market growth throughout the forecast period.
Regional Analysis
North America, Europe, Asia-Pacific, and Rest of the World
Asia Pacific is projected to grow at a healthy CAGR during the forecast period.
By Product Type
“The P-Type segment is anticipated to drive substantial market growth throughout the forecast period”.
The market has been segmented into P-type, S-type, and type III. Among these, the P-type segment accounted for the largest market share in 2021 and is expected to propel market growth at a significant rate during the forecast period. The segment growth can be attributed to widespread product use in the end-use industries.
Regional Analysis
“Asia-Pacific region is expected to grow at a healthy CAGR during the forecast period”.
The market is broken down geographically into areas, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). In terms of Asia-Pacific region accounted for the largest market share in 2021 and is expected to grow at a healthy CAGR during the forecast period. The regional market growth can be attributed to the strong presence of the automotive and construction industry in China.
Expanding industrialization in developing economies is likely to bolster market growth at a significant rate during the review period. The market growth in North America and European regions is expected to be driven by the established presence of the end-use industries.
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Key Players
The following are the key players in the Nano Silica Market (arranged alphabetically)
Akzo Nobel N.V. (Netherlands)
Cabot Corporation (US)
Dow Silicones Corporation (US)
DuPont de Nemours, Inc. (US)
Evonik Industries AG (Germany)
Fuso Chemical Co., Ltd (Japan)
GUANGZHOU SONGYI ADVANCED MATERIALS (China)
Incorporated (US)
NanoPore
Nanostructured & Amorphous Materials, Inc. (US)
Wacker Chemie AG (Germany)
Note: The above list does not necessarily include all the top players in the market.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Nano Silica Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
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The nano-silica market is growing rapidly due to rising demand in concrete, rubber, automotive, and construction industries, especially in developing regions.
Wacker Chemie AG (Germany), Dow Silicones Corporation (US), NanoPore, Incorporated (US), Evonik Industries AG (Germany), Cabot Corporation (US), Fuso Chemical Co., Ltd (Japan), DuPont de Nemours, Inc. (US), GUANGZHOU SONGYI ADVANCED MATERIALS (China), Akzo Nobel N.V. (Netherlands), Nanostructured & Amorphous Materials, Inc. (US) are among the key players in the market.
