PUBLISHER: The Business Research Company | PRODUCT CODE: 1653128
PUBLISHER: The Business Research Company | PRODUCT CODE: 1653128
Nanosilica refers to an allotrope of silicon that contains 99% silicon dioxide. It is used to reduce cement volume while optimizing the grading of the aggregate mix in the smallest size range. Silicon is the second most abundant element in the Earth's crust.
The nanosilica market, covered in this report, is segmented by type into P type, S type, and type III. It is also segmented by raw material into rice husk, olivine, bagasse, and others. Furthermore, it is segmented by application into rubber, health and medicine, food, coatings, plastic, concrete, gypsum, cosmetics, electronics, and others.
The nanosilica market research report is one of a series of new reports from The Business Research Company that provides nanosilica market statistics, including nanosilica industry global market size, regional shares, competitors with a nanosilica market share, detailed nanosilica market segments, market trends and opportunities, and any further data you may need to thrive in the nanosilica industry. This nanosilica market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The nanosilica market size has grown strongly in recent years. It will grow from $4.36 billion in 2024 to $4.65 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing demand for nanotechnology applications in electronics, growing use of nanosilica inThe construction industry, rise in demand for nanosilica inThe healthcare sector for drug delivery systems, stringent environmental regulations, adoption of eco-friendly nanomaterials.
The nanosilica market size is expected to see strong growth in the next few years. It will grow to $6.39 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to expansion of the automotive industry, growing demand for high-performance coatings in various industries, rise in research and development activities, increasing awareness and adoption of nanosilica in the energy sector, surge in demand for nanosilica in water treatment applications. Major trends in the forecast period include integration of nanosilica in consumer goods for enhanced properties, focus on sustainable and bio-sourced nanosilica production methods, collaboration between industries for cross-application, emergence of innovative nanosilica-based products, shift towards personalized medicine and diagnostics.
The surge in demand for nanoparticles in the medical sector has been a significant factor contributing to the growth of the nano-silica market. Nanoparticles are increasingly employed in diverse medical applications, including imaging, sensing, targeted drug delivery, gene delivery systems, and artificial implants. Notably, a recent study conducted by the George Washington (GW) Cancer Center highlighted the promise of nanoparticle-encapsulated doxorubicin in treating triple-negative breast carcinoma. This anthracycline drug, when encapsulated in amino-functionalized silica nanoparticles (SiNPs), proves effective in targeted drug delivery for potential carcinoma treatment. SiNPs can efficiently encapsulate doxorubicin and be coupled with a targeting moiety like anti-Claudin-4 (CLN4). Nanoparticles have shown utility in enhancing ultrasound imaging contrast, particularly in tumor imaging. The robust demand from the medical sector is expected to drive substantial revenue growth for the nano-silica market.
The burgeoning automobile industry is anticipated to be a driving force behind the nanosilica market's growth in the foreseeable future. The automotive sector, comprising businesses involved in designing, developing, manufacturing, marketing, and selling automobiles, extensively utilizes nanosilica in coatings, tires, and interior components. Nanosilica's unique properties, including enhancing material strength and durability, reducing friction and wear, improving fuel efficiency, and providing UV protection and scratch resistance, make it valuable in automobile manufacturing. For instance, in January 2023, the Federal Chamber of Automotive Industries reported robust automobile demand in Australia during 2022, with 1,081,429 automobiles delivered, where light commercial vehicles and SUVs constituted 76. 8% of total sales. Consequently, the expanding automobile industry serves as a key driver for the nanosilica market.
Major companies operating in the nanosilica market are focusing on developing innovative products, such as nanoparticle-coated cotton fabric, to better meet the needs of their existing consumers. Cotton fabric treated with silica nanoparticles enhances the material with microscopic silica particles for improved durability, stain resistance, and moisture management. For instance, in September 2023, the Indian Institute of Technology (IIT) Guwahati, a public technical university in India, developed cotton fabric treated with silica nanoparticles that can effectively remove oil from oil-water mixtures. This research project aims to convert large amounts of agricultural waste into an environmentally friendly, value-added product to help mitigate marine oil pollution. The nanoparticles used in this project were synthesized from rice husk, an agricultural byproduct, serving as the principal raw material. The findings of this study may pave the way for constructing cost-effective, long-term solutions for separating oil/water mixtures or hazardous components from marine environments. This innovation reflects the growing trend of utilizing nanosilica in textile applications to address pressing environmental challenges.
Major companies operating in the nanosilica market are increasingly adopting a strategic partnership approach to enhance the availability of nanoparticles for clients worldwide. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in May 2022, ZC Rubber, a China-based company, launched its new flagship tire, Westlake, designed to deliver high performance and safety for various vehicle types. These tires utilize advanced technology to enhance traction, durability, and fuel efficiency. The tread compound is formulated to provide excellent traction while resisting wear, making them suitable for diverse driving conditions. Additionally, Westlake tires are constructed for better retreadability, allowing for extended use and promoting sustainability. This strategic move highlights the industry's trend toward collaboration to optimize the use of nanosilica in innovative applications like tire manufacturing.
In September 2024, Tratos Cavi, an Italy-based company specializing in the production of a diverse range of cables, announced the acquisition of AFL Telecommunications GmbH's German plant for an undisclosed amount. This acquisition enables Tratos to enhance its product offerings, particularly in the production of fiber optic cables for various markets, including power utilities, rail, and oil and gas. By incorporating AFL's unique product lines and technical expertise, Tratos aims to bolster its market position and provide a wider portfolio of electrical and optical cables to its customers. AFL Telecommunications GmbH, based in Germany, specializes in delivering fiber optic solutions for sectors such as telecommunications, data centers, and energy infrastructure.
Major companies operating in the nanosilica market include NanoPore Incorporated, Fuso Chemical Co. Ltd., Evonik Inc., Cabot Corporation, DuPont Inc., Akzonobel Ltd., Nanostructured & Amorphous Materials Inc., Wacker Chemie AG, Normet India Private Limited, Nanosil Sdn, US Research Nanomaterials Inc., nanoComposix Inc., Bee Chem Corporates Private Limited, Nanocyl S. A., Nanophase Technologies Corporation, Nanosilica Co. Ltd., NanoSonic Inc., Elektrokemiska Aktiebolaget, Sigma-Aldrich Chemicals Pvt. Ltd., SkySpring Nanomaterials Inc., Nyacol Nano Technologies Inc., Nanoshel LLC, Admatechs Co. Ltd., Reinste Nano Ventures Pvt. Ltd., Advanced Nano Products Co. Ltd., PlasmaChem GmbH, Suzhou Tanfeng Nanomaterials Co. Ltd.
Asia-Pacific was the largest region in the nanosilica market in 2024. The regions covered in the nanosilica market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the nanosilica market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The nanosilica market consists of sales of solid silica and shaped silica. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Nanosilica Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on nanosilica market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for nanosilica ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The nanosilica market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.