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Global Nano Silica Market – Industry Trends and Forecast to 2031

Chemical and Materials

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Global Nano Silica Market – Industry Trends and Forecast to 2031

  • Chemical and Materials
  • Upcoming Report
  • Jan 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Nano Silica Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 6,117.33 USD Million
Diagram Market Size (Forecast Year) USD 9,320.40 USD Million
Diagram CAGR %

Major Markets Players

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Global Nano Silica Market, By Product (P-Type, S-Type, Type III), Application (Concrete, Rubber, Electronics, Healthcare, Coatings, Agriculture, Plastics, Others) - Industry Trends and Forecast to 2031.

Nano Silica Market

Nano Silica Market Analysis and Size

The essential factors contributing to the growth of the nano silica market in the forecast period of 2024 to 2031 include the increasing demand for nano silica in the rubber industry. Also, the growing use of nano silica as an additive in various applications is significantly contributing to the market’s growth. Nano silica’s high surface area and biocompatibility make it an ideal carrier for nucleic acids, offering potential breakthroughs in drug delivery and gene therapy.

Data Bridge Market Research analyses that the global nano silica market which was USD 6,117.33 million in 2023, is expected to reach USD 9,320.40 million by 2031, growing at a CAGR of 5.4% during the forecast period of 2024 to 2031. The “concrete” segment will dominate the market due to the growing use of nano silica as an additive in various applications. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million

Segments Covered

Product (P-Type, S-Type, Type III), by Application (Concrete, Rubber, Electronics, Healthcare, Coatings, Agriculture, Plastics, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Evonik Industries (Germany), Akzonobel N.V. (Netherlands), DuPont (U.S.), Cabot Corporation (U.S.), Nanopore Incorporated (U.K.), Nanostructured & Amorphous Materials, Inc. (NANOAMOR) (U.S.), Fuso Chemical Co. Ltd. (Japan), Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), and Bee Chems (India)

Market Opportunities

  • Growing usage of nano silica in RNA/DNA delivery systems

Market Definition

The nano silica market is a dynamic segment of the nanomaterial industry, characterized by the production and application of nanoscale silicon dioxide particles, typically ranging from 1 to 100 nanometers in size. Nano silica offers unique properties, including high surface area, improved reinforcement, and enhanced compatibility with various materials. It finds diverse applications in sectors such as construction, electronics, automotive, healthcare, and coatings. In construction, it strengthens and densifies concrete, while in electronics, it aids in improving the performance of semiconductors and insulating materials. The healthcare industry utilizes nano silica in drug delivery systems and medical imaging. The market is driven by technological advancements, increased demand for high-performance materials, and the need for sustainable solutions in various industries.

Global Nano Silica Market Dynamics

Drivers

  • Increasing demand for nano silica in the rubber industry

The increasing demand for nano silica in the rubber industry serves as a key driver for the market. Nano silica enhances the mechanical properties, wear resistance, and overall performance of rubber products, such as tires and industrial seals. This demand arises from the need for high-performance and durable rubber materials, driven by the automotive and industrial sectors. As these industries continue to grow, nano silica’s incorporation in rubber formulations is expected to expand, propelling the market forward.

  • Growing use of nano silica as an additive in various applications

The growing use of nano silica as an additive in various applications is a significant driver for the market. Nano silica’s unique properties, including improved reinforcement, increased strength, and enhanced stability, make it valuable in industries such as construction, electronics, coatings, and healthcare. As industries seek to enhance product performance and sustainability, the demand for nano silica continues to rise, driving market growth. Its versatility and wide range of applications make nano silica a sought-after additive in diverse sectors.

Opportunity

  • Growing usage of nano silica in RNA/DNA delivery systems

The growing usage of nano silica in RNA/DNA delivery systems presents a promising opportunity in the market. Nano silica’s high surface area and biocompatibility make it an ideal carrier for nucleic acids, offering potential breakthroughs in drug delivery and gene therapy. With the increasing focus on precision medicine and targeted treatments, nano silica’s role in enhancing the efficiency of RNA/DNA delivery systems can lead to the development of innovative pharmaceuticals and therapies, expanding its application and market potential.

Restraint/Challenge

  • The toxicity of silica fumes

Toxicity of silica fumes can be a significant restraint in the nano silica market. Prolonged exposure to airborne nano silica particles can lead to respiratory issues and other health concerns. Stringent safety regulations and concerns about worker exposure may limit its use, particularly in manufacturing and construction industries. Mitigating health risks and ensuring safe handling of nano silica materials are critical challenges that need to be addressed to sustain market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In July 2023, Fortis Life Sciences completed the acquisition of nanoComposix, a premium nanomaterials company focused on solutions for assay development and diagnostics
  • In April 2023, Cabot Corporation completed the acquisition of Shenzhen Sanshun Nano New Materials Co., ltd (SUSN). The business will be integrated into Cabot’s Performance Chemicals Segment

Global Nano Silica Market Scope      

The nano silica market is segmented on the basis of product and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • P-Type
  • S-Type
  • Type III

Application

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

Global Nano Silica Market Regional Analysis/Insights

The nano silica market is analyzed and market size insights and trends are provided by country, product, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, rest of Middle East and Africa.

Asia-Pacific is expected to dominate the nano silica market due to rapid urbanization that has led to surge in building and construction activities across the developing countries of the region such as China and India. Government of these countries have launched programs that includes construction of homes with modern facilities for people living in urban and rural areas.

Europe is expected to grow with the highest growth rate in the forecast period of 2024 to 2031 due to the growing usage of nano silica as an additive in various type of rubbers including natural rubber, styrene butadiene rubber (SBR), nitrile rubber (NBR), ethylene propylene diene monomer (EPDM), ethylene acrylic rubber (AEM), and silicone rubber is increasing the demand for nano silica and thus, propelling the growth of the market.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Nano Silica Market Share Analysis

The nano silica market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to nano silica market.

Some of the major players operating in the nano silica market are:

  • Evonik Industries (Germany)
  • Akzonobel N.V. (Netherlands)
  • DuPont (U.S.)
  • Cabot Corporation (U.S.)
  • Nanopore Incorporated (U.K.)
  • Nanostructured & Amorphous Materials, Inc. (NANOAMOR) (U.S.)
  • Fuso Chemical Co. Ltd. (Japan)
  • Wacker Chemie AG (Germany)
  • Dow Corning Corporation (U.S.)
  • Bee Chems (India)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The nano silica market size will be worth USD 9,320.40 million by 2031.
The growth rate of the nano silica market is
Increasing demand for nano silica in the rubber industry & Growing use of nano silica as an additive in various applications are the growth drivers of the nano silica market.
Product and application are the factors on which the nano silica market research is based.
Major companies in the nano silica market are Evonik Industries (Germany), Akzonobel N.V. (Netherlands), DuPont (U.S.), Cabot Corporation (U.S.), Nanopore Incorporated (U.K.), Nanostructured & Amorphous Materials, Inc. (NANOAMOR) (U.S.), Fuso Chemical Co. Ltd. (Japan), Wacker Chemie AG (Germany), Dow Corning Corporation (U.S.), and Bee Chems (India).
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