Global Nanosilica Market Size By Type (P-Type (Porous Particles), S-Type (Spherical particles)), By Application (Coating, Concrete, Rubber, Plastics), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Nanosilica Market Size By Type (P-Type (Porous Particles), S-Type (Spherical particles)), By Application (Coating, Concrete, Rubber, Plastics), By Geographic Scope And Forecast
Nanosilica Market Size And Forecast
Nanosilica Market size was valued at USD 4.1 Billion in 2024 and is projected to reach USD 6.58 Billion by 2031, growing at a CAGR of 6.10% during the forecast period 2024-2031.
The Nanosilica Market is composed of companies (entities, sole proprietorships, and collaborations) that offer Nano silica systems and produce goods in a variety of areas, such as medical, electrical & electronics, chemical products, construction, and others. Nano silica is getting popular as a favorable cementitious aggregate in concrete. Nano silica has the opportunity to boost the mechanical as well as tensile properties of cement. The increased supply of Nano-silica in the rubber industry, as well as requirements from the coatings section, are significant factors driving the demand under consideration. The Global Nanosilica Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Nanosilica Market Definition
Silicon dioxide (SiO2) nanoparticles, also identified as silica nanoparticles or Nano-silica, are the most prevalent silicon chemical and a substantial constituent of the earth’s crust. A silicon-oxygen substance is silicon dioxide. Nanoparticles are used in a wide range of industries, such as adhesives and sealants, cement and concrete, biomedical, pharmaceutical drugs, paints and varnishes, dyes, agricultural production, and food. The Nano type of silica, which contains both nanoparticles as well as aggregates of nanoparticles, is termed Nano-silica. Nano-SiO2 is a puffy white powder consisting of high-purity amorphous powder. Nano-SiO2 had a high surface area, potent surface adsorption, large surface energy, strong chemical purity, and better dispersion because of its fine particle size. Silica is produced by the sol-gel process.
In the sol-gel process, silica monomers are enabled to consolidate into colloidal particles. These particles merge to produce aggregates. The most recent in vitro and in vivo studies on the toxicity of amorphous and crystalline Nano-silica. In vivo, studies indicate that lung inflammation, granulomatous, and focal emphysema are all fully reversible, with no gradual lung fibrosis. The Global Nanosilica Market is classified as P-Type (Porous Particles) and S-Type (Spherical Particles). S-type Nano-silica has a smaller surface area and reduced ultraviolet reflectivity than P-type Nano-silica. Since it minimizes viscosity, and flash, as well as multiplies fluidity, it is used in the innovation of electronics, adhesives, and varnishes.
Because of its dispersity, major corporations are using P-type nano-silica to create high-product filler material for numerous resin uses. Nano silica is commonly used in several applications including healthcare and medicine, meals, polymers, cement, electronic parts, beauty products, agriculture, gypsum, battery packs, and many others. Is used as a supplement for rubber and plastics, as an enhancing filler for concrete and other construction composite materials, and as a non-toxic channel for biomedical applications in drug delivery, and bioimaging, designed to detect, therapeutic delivery, tracking, adjuvant therapies, and therapeutic targets.
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Global Nanosilica Market Overview
The increased supply for Nano-silica in the rubber industry, as well as requirement from the coatings section, are significant factors driving the demand under consideration. Agricultural demand for Nano-fertilizers is anticipated to build a slew of lucrative positions for the growing market. They’re cheap and readily available. Rubber and concrete applications have become incredibly common. Environmental and sustainable energy concerns have arisen. Nano silica is a nanomaterial that is bulk for use in cosmetic products, printer cleansers, and food additives.
Nano silica provides lightweight and long-lasting substances to be used in development leading to an increase in the growth of the Global Nanosilica Market. Rising R&D developments, especially in major economies like China, India, the United States, and many others, have been a key factor driving global growth for Nano Silica during the forecast period. The COVID-19 pandemic has hindered a large number of countries. Numerous prevention methods, including lockdowns, restriction of trading operations, and factory shutdowns, are negatively affecting the Nano-silica industry.
Major technological costs and a lack of professional competency are likely to inhibit the market segment is anticipated. Moreover, unequal provision in developing economies reduces market growth. The harmful effects of silica fumes are anticipated to hinder the development of the Nanosilica Market in the forecast period. The Global Nanosilica Market leads to significant growth as demand for Nano-silica used in Nanocoatings increases. The use of nanoparticles in industrial and medical has rapidly increased over the last two decades. The rising use of Nano silica in RNA/DNA delivery methods in vaccine growth is expected to provide market opportunities for the Nanosilica Market throughout the forecast period.
Global Nanosilica Market Segmentation Analysis
The Global Nanosilica Market is segmented on the basis of Type, Application, And Geography.
Nanosilica Market, By Type
- P-type (Porous particles)
- S-type (Spherical particles)
- Others
Based on Type, The market is segmented into P-type (Porous particles), S-type (Spherical particles), and Others. P-Type has the largest segment of the Global Nanosilica Market globally because of the pervasive use of p-type Nano silica in a wide range of applications such as elastomers, concrete, and surface coating. S-type Nano silica is less costly than p-type Nano silica. However, the use of p-type Nano silica is increasing significantly, potentially arising from its eligibility and use in automobile rubbers and plastic products.
Nanosilica Market, By Application
- Coating
- Concrete
- Rubber
- Plastics
- Electronics
- Agriculture
- Healthcare
- Others
Based on Application, The market is segmented into Coating, Concrete, Rubber, Plastics, Electronics, Agriculture, Healthcare, and Others. Rubber has the highest segment of the Nanosilica over the forecast period because of the growing usage of reinforced rubber and other rubber applications including automotive parts and wheels around the world. Enhanced use of Nano-silica as an additive in various types of rubbers such as natural rubber, ethylene propylene diene monomer (EPDM), styrene-butadiene rubber (SBR), and silicone rubber.
Nanosilica Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
On the basis of Geography, The Global Nanosilica Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific has the highest segment of the Global Nano Silica over the forecast period because of growing industrial development in China, India, and Japan in a variety of application industries including coatings, plastic, agricultural production, food, concrete, healthcare & pharmaceutics, and many others. especially in China’s concrete with rapidly increasing infrastructural activities, China is among the leading Nano-silica users.
Key Players
The “Global Nanosilica Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Akzo Nobel N.V., Wacker Chemie AG, Normet, Nanoshel LLC, Nanostructured & Amorphous Materials, US Research Nanomaterials, Dow Corning Corporation, Evonik Industries, Cabot Corporation, Nanosil (Asia Pacific) Sdn, Fuso Chemical Co., Ltd., and Nano Pore Incorporated.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In January 2019, PolyOne Corporation, a global manufacturer of polymer materials, has been announced to acquire the Claiant shading professional cluster business.
- In July 2019, AkzoNobel has acquired Mapaero to build its foundation in Coating Industry globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Nanosilica Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Nanosilica Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Akzo Nobel N.V., Wacker Chemie AG, Normet, Nanoshel LLC, Nanostructured & Amorphous Materials, US Research Nanomaterials, Dow Corning Corporation, Evonik Industries. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involvi