Global Nanosilica Market Overview And Prospects

December 23, 2021 by The Business Research Company

Learn about the global nanosilica market through The Business Research Company, which provides information on nanosilica market size, nanosilica market drivers and restraints, nanosilica market players, the COVID-19 impact on the nanosilica market, and more.

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The global nanosilica market is expected to grow from $3.18 billion in 2020 to $3.61 billion in 2021 at a compound annual growth rate (CAGR) of 13.47%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.74 billion in 2025 at a CAGR of 7.04%.

Increased demand for nanoparticles in the medical industry is expected to drive innovation in nanosilica manufacturing, thus driving the market during the forecast period.

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The nanosilica market consists of the sales of nanosilica products and related goods by entities (organizations, sole traders and partnerships) that are engaged in various fields such as medical, electrical & electronics, chemicals, construction, and others. Nanosilica is an allotrope of silicon, which is the second most abundant element in the earth’s crust. Only goods and services traded between entities or sold to end consumers are included.

Global nanosilica market segments include:

By Type: P Type, S Type, Type III

By Raw Material: Rice Husk, Olivine, Bagasse, Others

By Application: Rubber, Health And Medicine, Food, Coatings, Plastic, Concrete, Gypsum, Cosmetics, Electronics, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the nanosilica market in 2020.

The launch of 3D printing aerogel microstructures has created immense demand in the nano-silica market. The 3D-printed aerogel micro-structures provide thermal insulation for miniature components.

TBRC’s nanosilica market report covers:

Major Market Players: NanoPore Incorporated, Fuso Chemical, Evonik, Cabot Corporation, DuPont, Akzonobel, Nanostructured and Amorphous Materials (NanoAmor), Wacker Chemie AG, Normet, Nanosil Sdn, US Research Nanomaterials Inc, nanoComposix, Bee Chems, Dow Corning Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Nanosilica Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides nanosilica market overviews, analyzes and forecasts market size, share, nanosilica market players, nanosilica market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s nanosilica market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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