Press release
Nanosilica Market Soars Toward USD 7.14 Billion by 2030, Driven by Rubber and Coatings Demand
Nanosilica Market
The global nanosilica market is projected to reach approximately USD 7.14 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.21% from 2024 to 2030. This growth is fueled by increasing applications in rubber, coatings, concrete, agriculture, and pharmaceuticals, alongside significant investments in nanotechnology research and development.
Looking for insights? Request your free sample report now: https://www.maximizemarketresearch.com/request-sample/30662/
Competitive Landscape
The nanosilica market is characterized by the presence of several key players focusing on technological advancements and strategic partnerships to enhance their market share. Companies such as Evonik Industries AG, AkzoNobel N.V., Cabot Corporation, Wacker Chemie AG, and Fuso Chemical Co. Ltd. are at the forefront, investing in research and development to produce efficient and cost-effective nanosilica products.
Regional Insights
United States: Growth and Consolidation
In the United States, the nanosilica market is experiencing steady growth, driven by the adoption of advanced technologies across various sectors. A notable development includes the acquisition of U.S. Silica Holdings Inc. by Apollo Global Management for approximately $1.85 billion. This strategic move aims to leverage Apollo's resources and expertise to enhance U.S. Silica's operations and market presence.
Asia Pacific: Opportunities and Trends
The Asia Pacific region dominates the global nanosilica market, accounting for over 42.7% of the total market share in 2021. Countries like China, India, and Japan are witnessing strong economic growth due to increasing industrial activities in sectors such as construction, rubber, healthcare, food, coatings, and agriculture. In particular, China's infrastructural development has led to a surge in demand for nanosilica as a concrete additive.
Europe: Trends and Updation
Europe holds a significant share of the global nanosilica market, with a focus on environmental sustainability and green technologies. The region is investing in research and development to improve production efficiency and cost-effectiveness of nanosilica. Companies like AkzoNobel N.V. have expanded their product lines, such as the launch of the Accelstyle range for packaging coatings, to meet the growing demand for eco-friendly solutions.
Middle East and Africa: Emerging Opportunities
The Middle East and Africa are emerging markets for nanosilica, with a projected market size of USD 0.28 billion in 2023. The region's growth is attributed to the increasing adoption of nanosilica in construction and agriculture sectors. While specific mergers and acquisitions are limited, the region's focus on renewable energy adoption indicates a promising future for nanosilica technologies.
Set to uncover key insights? Download your report sample now: https://www.maximizemarketresearch.com/request-sample/30662/
Recent Developments
AkzoNobel N.V. acquired Fabryo, a Romanian company, in October 2018, strengthening its position in the decorative paints market and expanding its footprint in Eastern Europe.
In November 2023, AkzoNobel launched the initial two products from its new Accelstyle range for its packaging coating business, aiming to meet the growing demand for sustainable and innovative coating solutions.
Nanosilica Market Segmentation:
by Product
P-type
S type
Type III
P-type segment led the nanosilica market by product during the forecast period. The high use of p-type nanosilica in numerous applications, such as rubber, coatings, and concrete, is responsible for this increase.
by Application
Rubber
Healthcare
Coatings
Concrete
Plastic
Electronics
Agriculture
Others
Because of the increasing use of reinforced rubber and other applications for rubber-like car parts worldwide, the rubber segment is expected to reach by 2030. Coatings, however, were the market's second-largest application. Nanosilica is becoming more and more in demand in the coatings industry due to its widespread use in ultra hydrophobic coatings.
To further investigate this topic, please navigate to the following link: https://www.maximizemarketresearch.com/market-report/global-nano-silica-market/30662/
Nanosilica Market Competitive Edge:
1. Dow Corning Corporation
2. WackerChemie AG
3. NanoPore Incorporated
4. Evonik Resource Efficiency GmbH
5. Cabot Corporation
6. Akzo Nobel N.V.
7. Nanostructured & Amorphous Materials, Inc.
8. FUSO CHEMICAL CO., LTD.
9. DuPont
10. Songyi Advanced Materials
11. Bee Chems
12. DuPont de Nemours Inc.
13. Nanoshell Co.
14. Normet
15. US Research Nanomaterials Inc
Stay ahead of the curve with the trending research from Maximize Market Research:
♦ Global Cold Patch Market https://www.maximizemarketresearch.com/market-report/global-cold-patch-market/91038/
♦ Oil and Gas Custody Metering System Market https://www.maximizemarketresearch.com/market-report/oil-and-gas-custody-metering-system-market/70148/
♦ Global Electrical Resistors Market https://www.maximizemarketresearch.com/market-report/global-electrical-resistors-market/99673/
♦ Flocculant and Coagulant Market https://www.maximizemarketresearch.com/market-report/flocculant-coagulant-market/2495/
♦ Global Stretch Hood Films Market https://www.maximizemarketresearch.com/market-report/global-stretch-hood-films-market/24305/
♦ Global Geocells Market https://www.maximizemarketresearch.com/market-report/global-geocells-market/27005/
♦ Global Marine Adhesives Market https://www.maximizemarketresearch.com/market-report/global-chlorine-market/15326/
♦ Green and Bio Polyols Market https://www.maximizemarketresearch.com/market-report/green-and-bio-polyols-market/147933/
♦ Trichloroethylene Market https://www.maximizemarketresearch.com/market-report/trichloroethylene-market/121693/
♦ Rubber Market https://www.maximizemarketresearch.com/market-report/rubber-market/187279/
♦ Fiberglass Fabric Market https://www.maximizemarketresearch.com/market-report/fiberglass-fabric-market/2801/
♦ Global Basalt Fiber Market https://www.maximizemarketresearch.com/market-report/global-basalt-fiber-market/33313/
♦ Global High Performance Liquid Chromatography (HPLC) Market https://www.maximizemarketresearch.com/market-report/global-high-performance-liquid-chromatography-market/33778/
♦ Global Polyhydroxyalkanoate (PHA) Market https://www.maximizemarketresearch.com/market-report/global-polyhydroxyalkanoate-pha-market/110679/
♦ Monoethylene Glycol (MEG) Market https://www.maximizemarketresearch.com/market-report/monoethylene-glycol-meg-market/2018/
Contact Us:
MAXIMIZE MARKET RESEARCH PVT. LTD.
2nd Floor, Navale IT park Phase 3,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com
About Us
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Nanosilica Market Soars Toward USD 7.14 Billion by 2030, Driven by Rubber and Coatings Demand here
News-ID: 3983300 • Views: …
More Releases from Maximize Market Research Pvt. Ltd.
Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a …
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million.
Bangladesh Ceramics Tiles Market Overview:
The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.…
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030.
Furfural Market Overview:
The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,…
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to …
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion.
Chemical Protective Clothing Market Overview:
The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range of…
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR …
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion.
Prefabricated Homes Market Overview:
The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizes…
More Releases for Nanosilica
Applications of Nanosilica: Industry Growth Report 2024
"The Business Research Company recently released a comprehensive report on the Global Nanosilica Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of…
Nanosilica Market Poised to Garner Maximum Revenues by 2031
The latest research study released by Transparency Market Research on "Nanosilica Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Nanosilica industry, as well as predicted future…
Nanosilica Market to Witness Increase in Revenues by 2031
The latest research study released by Transparency Market Research on "Nanosilica Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Nanosilica industry, as well as predicted future…
Global Nanosilica Market Size & Trends
According to a new market research report published by Global Market Estimates, the global nanosilica market is expected to grow at a CAGR of 6.5% from 2023 to 2028.
Continuous R&D efforts in the field of nanotechnology drives the advancement of nanosilica, leading to improved product properties and cost-effectiveness. This fosters the development of new applications and expands its potential across industries.
Browse 147 Market Data Tables and 115 Figures spread through…
Nanosilica Market to Witness an Outstanding Growth by 2030
Nanosilica Market: Introduction
The global nanosilica market is expected to reach a value of ~US$ 55 Bn by 2030, expanding at a CAGR of ~7% during the forecast period. Increase in the demand for nanosilica for use in various applications is a key factor driving the global nanosilica market. Additionally, growth in the adoption of nanotechnology across the globe is expected to fuel the global market during the forecast period.
𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭…
Australia Nanosilica Market Growth Analysis till 2030
Nanosilica Market: Introduction
The global nanosilica market is expected to reach a value of ~US$ 55 Bn by 2030, expanding at a CAGR of ~7% during the forecast period. Increase in the demand for nanosilica for use in various applications is a key factor driving the global nanosilica market. Additionally, growth in the adoption of nanotechnology across the globe is expected to fuel the global market during the forecast period.
𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭…
