Global Nano Silica Market-Industry Analysis and Forecast (2018-2026)
Global Nano Silica Market was valued US$ XX Bn in 2017 and is expected to reach US$ XX Bn by 2026 at a CAGR of XX % during the forecast period.The global nano silica market is expected to grow with the increasing concerns for renewable sources and environment, heavy demand across all industries, and abundant availability. In the construction industry, there is a rising utilization of nanosilica because of the strength-initializing factor in cemented mixtures. Due to the environmental hazards, destruction of aquatic creatures caused by sand mining, and depletion of land, a new technique of silica produced from rice husk ash is being implemented. Rice husk ash is high in silica and can be utilized in concrete mixtures to strengthen the concrete. All the aforementioned trends are expected to drive the demand and offer lucrative growth opportunities for the global nanosilica market. While there are some factors governing the growth of the global nanosilica market, high cost involved in using the technology and buying the equipment for producing nanosilica is likely to restrict the growth of nanosilica market at a global level.
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P-type emerged as the leading product type in 2015 and was estimated at 47.1% of the global market share. The increasing demand from the concrete industry which was augmented by the construction sector including residential and commercial buildings is projected to propel the market growth. The growing end-use sector, particularly in the Asia Pacific and North America region, is projected to be a key factor for the increased demand for the P-type products over the forecast period.
Coating segment followed the rubber application segment in 2015 and is projected to account for 13.2% of the global market volume share. Nanosilica was widely utilized in the superhydrophobic coating which helps to create a high water contract and low sliding angle which is credited to superhydrophobicity in the coating application. Low prices of nanosilica in comparison with its expensive counterpart like carbon nanotube has boosted the demand in the coating industry.
The Asia Pacific accounted as largest nanosilica market accounting for 47.5% of the global revenue market share in 2015. Emerging economies in the region such as China, India, and Japan have been witnessing strong economic growth in light of growing industrial activities in various application sectors such as coatings, rubber, agriculture, food, concrete, healthcare & medicine and others. China was estimated as the largest consumer of nanosilica globally accounting for 900.6 kilotons in 2015 on account of growing industrial activities in the country. Nanosilica is widely used in the concrete mixture as an additive which is supported by increasing infrastructural growth in China. North America emerged as the second largest market which accounted for 20.7% of the total market share in 2015. Presence of key end-user companies is further supporting the growth of the market in this region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by type, service, components, and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the nano silica market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Scope of Global Nano Silica Market
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Global Nano Silica Market, By Type
• Porous(P Type)
• Spherical(S Type)
Global Nano Silica Market, By Application
• Concrete Mixtures
• Rubber Additive
• Semiconductor
• Healthcare
• Coating Additive
• Others
Global Nano Silica Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Nano Silica Market
• Dow Corning Corporation
• Wacker Chemie AG
• NanoPore Incorporated
• Evonik Resource Efficiency GmbH
• Cabot Corporation
• Akzo Nobel N.V.
• Nanostructured & Amorphous Materials, Inc.
• FUSO CHEMICAL CO., LTD.
• Songyi Advanced Materials
• DuPont
MAJOR TOC OF THE REPORT
Chapter One: Nano Silica Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Nano Silica Market Competition, by Players
Chapter Four: Global Nano Silica Market Size by Regions
Chapter Five: North America Nano Silica Revenue by Countries
Chapter Six: Europe Nano Silica Revenue by Countries
Chapter Seven: Asia-Pacific Nano Silica Revenue by Countries
Chapter Eight: South America Nano Silica Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Nano Silica by Countries
Chapter Ten: Global Nano Silica Market Segment by Type
Chapter Eleven: Global Nano Silica Market Segment by Application
Chapter Twelve: Global Nano Silica Market Size Forecast (2019-2026)
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