ALBANY, N.Y, Nov. 16, 2020
- The ever-evolving construction sector is a key factor driving the global nanosilica market
- Nanosilica is gaining increasing popularity for cementitious admixtures used in concrete enhancement. Due to the extremely fine nature of nanosilica particles, they improve the cementitious microstructure through a pozzolanic activity
ALBANY, N.Y, Nov. 16, 2020 /PRNewswire/ -- Transparency Market Research has now published a new research report that offers a detailed information about the global nanosilica market. The research report tries to offer meaningful and actionable insights about the key segments, prominent growth drivers, restraining factors, geographical outlook, and the current situation of the vendor landscape of the global market.
According the to the research report, the global nanosilica market is projected to reach an overall market valuation of US$55 Bn by the fall of 2030. The growth of the market is expected to be achieved with the help of a strong CAGR of ~7% over the course of the given forecast period ranging from 2020 to 2030.
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Global Nanosilica Market – Overview
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Global Nanosilica Market – Key Driving Factors
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Global Nanosilica Market – Key Restraining Factors
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Global Nanosilica Market – Geographical Outlook
Global Nanosilica Market – Key Players
The global nanosilica market is moderately consolidated, with the presence of a few large-sized manufacturers. Companies operating in the global nanosilica market are investing significantly in research and development activities and advancements in technology. Major players operating in the global nanosilica market include Evonik Industries AG, Wacker Chemie AG, Normet, Nanosil (Asia Pacific) Sdn. Bhd, and US Research Nanomaterials, Inc.
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Global Nanosilica Market: Research Scope
Nanosilica Market, by Structure
Nanosilica Market, by Application
Nanosilica Market, by Region
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Glycerol Carbonate Market - In terms of value, the global glycerol carbonate market is anticipated to expand at a CAGR of 7% from 2020 to 2030. Glycerol carbonate is a highly used chemical due to its ideal physicochemical properties such as low toxicity, high stability, good biodegradability, low inflammability, and high boiling point. Glycerol carbonate is used in the production of detergents, owing to various advantages it offers such as improved hand-feel performance, solubility of laundry powders, and reduced pH of wash liquor. Glycerol carbonate is employed as a curing agent in cement and concrete applications. This stops water from evaporating too quickly, thus helping reduce cracking and dusting. It is used as a curing agent in various functions such as maintaining mixing water in concrete during the early hardening process, reducing loss of mixing water from the surface of the concrete, and accelerating strength gain using heat and additional moisture.
Ferrous Sulfate Market - Increase in usage of ferrous sulfate to treat anemia is anticipated to boost the ferrous sulfate market during the forecast period. Iron deficiency occurs when the required amount of iron decreases to low levels and the amount is not sufficient to support normal RBC production. According to the World Health Organization (WHO), in 2017, 42% of children aged less than five years and 40% of pregnant women worldwide were anemic. Ferrous sulfate is employed to treat and prevent anemia. It replenishes iron. It helps in oxygen transport and storage, electron transport, energy metabolism, and provides beneficial pro-oxidant functions.
Pozzolana Cement Market - Demand for pozzolana cement is primarily high in real estate, infrastructure, and industrial sectors. The performance of the pozzolana cement industry is largely dependent on the overall economic growth of the country. The pozzolana cement industry is capital-intensive; therefore, it needs significant investment over the long term. It is vital for manufacturers to establish plants in close geographical links between cement production and mining sites in order to reduce costs and transportation time for carrying raw materials. Hence, the pozzolana cement market is highly consolidated; a few established players dominate the market.
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