Nano silica is an allotrope of silicon, and the second most abundant element in the earths crust. In the recent years, nanotechnology has witnessed unprecedented demand across several industry verticals.
The products manufactured using nano silica have been widely incorporated in various fields such as medical, electrical & electronics, chemicals, construction, and others. The nano silica market has witnessed tremendous development in terms of innovation, revenue generation, and opportunities.
In the era of global recession, the global nano silica market was unaffected by its effects and witnessed significant growth due to its extensive application across various industries.
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The global nano silica market is driven by growing concerns for environment and renewable resources, cheap & abundant availability, and heavy demand across all verticals. However, high cost of equipment and technology of producing nano silica hamper the growth of the market.
Moreover, increased investment in R&D globally is expected to provide new opportunities to market players.
The global nano silica market is segmented based on type, application, and geography. Based on type the market, it is categorized into porous and spherical.
Based on application, it is classified into concrete mixtures, rubber additive, semiconductors, healthcare, coating additive, and others. Geographically, it is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
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The major players profiled in the report includes 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., DuPont, and Songyi Advanced Materials.
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