Surge in use of nano silica in various applications such as concrete, agriculture, gypsum, and battery nano-silica, growing concerns over renewable sources.

WILMINGTON, DE, UNITED STATES, February 5, 2025 /EINPresswire.com/ -- The global nano silica market is on a growth trajectory, expanding from $4.6 billion in 2021 to an estimated $8.6 billion by 2031, driven by a CAGR of 6.5%. Here's a quick snapshot of key insights from the Allied Market Research report:

Key Market Drivers:

- Diverse Applications: Increased usage in concrete, agriculture, gypsum, batteries, and more.
- Renewable Sources Focus: Growing environmental awareness is boosting nano silica demand.

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Opportunities & Restraints:

- Opportunities: Use of silica fumes in RNA/DNA delivery systems for vaccines offers potential growth.
- Restraints: Toxicity concerns over silica fumes could hinder market growth.

Market Segmentation Highlights:

By Product:

- S-Type dominates with nearly 50% market share in 2021 and is projected to grow at a CAGR of 6.7%.
- P-Type and Type III are also analyzed in the report.

By Application:

- Rubber held the largest share (over one-third) in 2021.
- Coatings is the fastest-growing segment with a CAGR of 7.3%.

By Region:

- Asia-Pacific leads the market with over 40% share and a CAGR of 6.6%.
- Other key regions include North America, Europe, and LAMEA.

Top Market Players:

- Evonik Industries
- Akzonobel N.V.
- E. I. Du Pont De Nemours and Company
- Cabot Corporation
- Nanopore Incorporated
- Normet
- Fuso Chemical Co. Ltd.
- Wacker Chemie AG
- Dow Corning Corporation
- Bee Chems

These companies are focusing on expansions, partnerships, and new product launches to strengthen their positions.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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