The global nano silica market size was significantly robust in 2021, and is expected to register a rapid revenue CAGR over the forecast period. One of the major factors driving the global market revenue growth is rising demand for silica nanoparticles in construction, healthcare, food beverage, electronics, cosmetics, agriculture, rubber, plastics, and coatings industries.
Nano silica also known as silica nanoparticles are Silicon Dioxide (SiO2) nanoparticles characterized by their high stability, low toxicity, and unique ability to functionalize with multiple molecules and polymers. Nano silica is available in the form of white fluffy powder consisting of high-purity amorphous silica particles. Some of the major characteristics of nano silica include large specific surface area, high surface energy, high chemical purity, surface adsorption, and excellent dispersion. Nano silica particles are categorized into P-type, S-type, and Type III based on their structure and small particle size. P-type nano silica particles have countless nanopores (with a pore rate of 0.61 ml/g) and offer higher Ultraviolet (UV) reflectivity and larger surface area than S-type particles. Major applications of silica nanoparticles include food beverages, cosmetics, electronics, agriculture, rubber, plastics, coatings, concrete, gypsum, battery, and biomedical applications such as drug delivery systems.
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Top Players in the Global Nano Silica Market:
- AkzoNobel N.V.
- Evonik Industries
- I. du Pont de Nemours and Company
- NanoPore Incorporated
- Fuso Chemical Co. Ltd.
- Wacker Chemie AG
- Dow Corning Corporation
- Bee Chems
- Cabot Corporation
- Nanoshel LLC
- Nanostructured Amorphous Materials
- US Research Nanomaterials
Revenue growth of the global nano silica market is majorly driven by factors such as rising demand for nano silica particles in the rubber industry, increasing use of rubber in the automotive industry, rising demand for concrete and other materials such as plastics and coatings in the buildings construction industry, and rapid urbanization and industrialization across the globe. Nano silica acts as a Supplementary Cementitious Material (SCM) in concrete, paints coatings, and rubber, owing to its high mechanical stability and durability. It enhances the properties of concrete, rubber, and other materials, and hence, significantly rising demand for SCMs including nano silica in the construction and automotive sectors is driving global nano silica market revenue growth to a major extent. Rising demand for electronic products, increasing sales of cosmetics personal care products, and increasing agricultural activities are among other major factors driving market revenue growth.
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Market segmentation based on Product Type Outlook:
- S type
- Type III
- Healthcare Medicine
- Food Beverages
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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Frequently Asked Questions Answered in the Report:
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