Global Nano Silica Market

By Author: Rupali Dagade
Total Articles: 446
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Global Nanosilica Market size was valued nearly US$ XX Bn. in 2019 and the total revenue is expected to grow at 7.21% through 2019 to 2027, reaching nearly US$XX Bn.

Nanosilica is an allotrope of silicon and the second most abundant element in the earth’s crust. Recently, nanotechnology has observed unprecedented demand across various industry verticals like electrical & electronics, medical, chemicals, construction, and others. The MMR report covers all the trends and technologies playing a major role in the growth of the nanosilica market over the forecast period. Ongoing trend observed in the nanosilica market is growing adoption in rubber and concrete application. The rising awareness among farmers for using nano-fertilizers to upsurge crop yield, and reduce fertilizer wastage is expected to boom the demand of nanosilica in the agriculture industry throughout 2020-2027.

Growing awareness of hygiene and health among consumers leads to an increased demand for nano coatings in food and pharmaceuticals packaging. Moreover, airplane OEMs are making high spending in nano coating technology to decrease aerodynamic ...
... drag. These major factors are expected to fuel the demand for the nanosilica market during the forecast period. The increased global investment in R&D and the use of the latest technologies are expected to provide new opportunities to nanosilica market players.

However, the high cost of technology and equipment of producing nanosilica hinder the growth of the market. By product, the P-type segment dominated the nanosilica market during the forecast period, accounting for a share of XX.20%. This growth is attributed to high usage of p-type nanosilica in many applications like concrete, coatings and rubber. Based on application, the rubber segment is projected to reach US$ XX Mn by 2027, thanks to growing adoption of reinforced rubber and other uses of rubber-like automobile parts across the globe.

However, coatings stood second largest application in the nanosilica market. Nanosilica is extensively used in the super hydrophobic coatings, because of which its demand is rising in the coatings segment. In 2019, APAC commanded the largest nanosilica market share of XX.12% thanks to the presence of economies, like China, India, and Japan, in the region. These economies are witnessing strong economic growth due to the growing industrial activities in many application industries, such as concrete, rubber, healthcare, food, coatings, and agriculture. In APAC, China is expected to account for the largest XX% market share by 2027 thanks to rising industrial activities in the country.

Nanosilica is widely used in the concrete mixture as an additive which is supported by growing infrastructural growth in China. In recent years, major players in the nanosilica market have taken several strategic measures, such as facility expansions and partnerships. For example, in November 2017, Akzo Nobel N.V. invested nearly US$ 5.4 Mn. for the expansion of its plant in Boxing, China. This expansion would help the Akzo Nobel to reconfirm its commitment to the APAC markets and to significantly raise its regional product portfolio.

In Oct 2018, Akzo Nobel N.V. acquired Fabryo, a Romanian company. This acquisition would lead to Akzo Nobel N.V. becoming the major player in the Romanian decorative paints market. The company also acquired two production facilities and six distribution centers through this acquisition. The objective of the report is to present a comprehensive analysis of the Global Nanosilica Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Nanosilica Market dynamics, structure by analyzing the market segments and projects the Global Nanosilica Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Nanosilica Market make the report investor’s guide.

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Scope of the Global Nanosilica Market
Global Nanosilica Market, by Product

• P-type • S type • Type III

Global Nanosilica Market, by Application

• Rubber • Healthcare • Coatings • Concrete • Plastic • Electronics • Agriculture • Others

Global Nanosilica Market, by Region

• Asia Pacific • North America • Europe • Latin America • Middle East Africa

Key players operating in the Global Nanosilica Market

• Dow Corning Corporation • WackerChemie AG • NanoPore Incorporated • Evonik Resource Efficiency GmbH • Cabot Corporation • Akzo Nobel N.V. • Nanostructured & Amorphous Materials, Inc. • FUSO CHEMICAL CO., LTD. • DuPont • Songyi Advanced Materials • Bee Chems • DuPont de Nemours Inc. • Nanoshell Co. • Normet • US Research Nanomaterials Inc,

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