The global nanosilica market is rapidly growing, and the outlook for the future is bright.
The global nano-silica market is expected to experience significant growth from 2023 to 2032. According to the latest market research, this market is projected to increase its revenue from 5.2 billion USD to 9.1 billion USD, with a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2024 to 2032.
Nano-silica is a form of silicon dioxide, characterized by its low thermal and electrical conductivity. This white powder is in an amorphous (non-crystalline) state and is widely utilized across various industries. In particular, it is used as an additive in plastics and rubber to enhance the strength and durability of products. It also plays a crucial role as a reinforcing filler in construction composite materials.
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