Valued to be $5 Billion by 2026, NanoSilica Slated for Robust Growth Worldwide

SAN FRANCISCO, June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "NanoSilica - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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Edition: 8; Released: January 2022
Executive Pool: 813
Companies: 36 - Players covered include Akzo Nobel NV; Anten Chemical Co., Ltd.; Bee Chems; BSB Development & Investment Co. Ltd.; Cabot Corp; DuPont de Nemours Inc; Evonik Industries AG; Fuso Chemical Co. Ltd.; HiQ - Nano S.r.l.; Ion Exchange Ltd.; nanoComposix; Nanopore Inc; Nanoshell Co; Nanosil (Asia Pacific) Sdn Bhd; Nanostructured & Amorphous Materials, Inc.; Normet; NYACOL Nano Technologies Inc.; SkySpring Nanomaterials, Inc.; US Research Nanomaterials, Inc.; Vitro Minerals Inc.; Wacker Chemie AG and Others.
Coverage: All major geographies and key segments
Segments: Product Type (P-Type, S Type, Type III); Application (Rubber, Coatings, Healthcare & Medicine, Plastics, Agriculture, Concrete, Cosmetics, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global NanoSilica Market to Reach $5 Billion by 2026
Amid the COVID-19 crisis, the global market for NanoSilica estimated at US$3.5 Billion, is projected to reach a revised size of US$5 Billion by 2026, growing at a CAGR of 6.2% over the analysis period. P-Type, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$2.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the S Type segment is readjusted to a revised 6.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion in 2021, While China is Forecast to Reach $882.2 Million by 2026
The NanoSilica market in the U.S. is estimated at US$1.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$882.2 Million by the year 2026 trailing a CAGR of 5.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Type III Segment to Reach US$464.5 Million by the year 2026
In the global Type III segment, USA, Canada, Japan, China and Europe will drive the 5.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$263.7 Million will reach a projected size of US$392.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.