NEW YORK, Aug. 8, 2023 /PRNewswire/ — The nanosilica market is estimated to grow by USD 1,713.25 million from 2022 to 2027, growing at a CAGR of over 6.52%. APAC is estimated to account for 58% of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The major factors driving the market growth are the rapid growth of end-user industries, such as consumer durables, electrical and electronics, automotive, and construction. In APAC, China, Japan, and India are the major revenue contributors to the market. Consequently, the rising adoption of consumer goods is very high in these countries. Due to its advantages, such as improved mechanical properties, water penetration rates, and controlled degradation, nanosilica is used in construction. The increasing use of nanocoatings in building interiors, concrete mixtures, facades, and flooring drives the demand for nanosilica in the region. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) – View Sample report

Frequently Asked Questions:

• Based on segmentation by Type, which is the leading segment in the market?
  
  – The market share growth by the P type segment will be significant during the forecast period.
• What are the major trends in the market? 
  
  – The increasing need for miniaturization and microelectronics is a critical trend shaping market growth.
• At what rate is the market projected to grow?
  
  – The nanosilica market is estimated to grow at a CAGR of 6.52% between 2022 and 2027.
• Who are the top players in the market?
  
  – Cabot Corp., Dr. Khan Industrial Consultants Pvt. Ltd., Evonik Industries AG, Fortis Life Sciences, Fuso Chemical Co. Ltd., NanoPore Inc., Nanostructured Materials Inc., Normet Group Oy, Nouryon Chemicals Holding BV, US Research Nanomaterials Inc., Wacker Chemie AG, Xetek Industries Pvt. Ltd.
• What are the key market drivers and challenges?
  
  – The growing demand for nanotechnology is notably driving market growth. However, high cost of the manufacturing process may impede the market growth.
• How big is the APAC market?
  
  – APAC is estimated to contribute 58% to the growth of the global market during the forecast period.

Key Developments:

• Rapid advances in technology, intense competition, and changing dynamics in the market are the key factors for the intense competition among vendors.
• With the rising competition, the market will see consolidation. However, manufacturing complexities and high production costs pose significant risk factors for vendors in the market. 

Market Dynamics

Major Drivers & Challenges

The growing demand for nanotechnology is notably driving market growth. To enhance the physical properties of composites, nanoparticles such as nanosilica are used as fillers or additives. The significance of nanotechnology is increasing in several applications, such as paints and coatings, concrete, and plastics. The use of technology enhances the performance of the applied surface.  Also, they provide hardness, UV resistivity, scratch resistance, and antistatic properties to materials. Due to its unique properties, nanosilica is often used in nanocoatings as a key ingredient or additive. Some of these properties are high surface area, mechanical strength, and thermal stability. However, nanosilica can be incorporated into coatings to improve their performance. The growing health concerns and hygiene is advancing the demand for nanocoatings in food packaging and pharmaceuticals. Hence, the rising demand for nanocoatings in end-user industries will drive market growth during the forecast period.

The high cost of the manufacturing process may hinder the market growth. Including the use of specialized equipment and high energy consumption, the production of nanosilica contains difficult and high costs manufacturing processes. Such factors result in high production costs, which can restrict the adoption and market penetration of nanosilica. Generally, the high costs of production lead to higher prices for end consumers. Due to this high production cost, companies may hesitate to incorporate nanosilica into their products, which can impact the overall demand for nanosilica. Also, this may limit the number of potential applications and industries where nanosilica can be used. Consequently, the market may not achieve its full potential and experience slower growth compared to industries with low-cost materials. Such factors will hinder the market growth during the forecast period.

Key Trends

The increasing need for miniaturization and microelectronics is an emerging trend shaping market growth. Miniaturized components must be placed in a compact manner which is not feasible on traditionally rigid PCBs. Also, miniaturized electronic devices consume low power and have many applications. Nevertheless, with the help of advanced functional material technology, this challenge can be overcome. Developed functional material-based miniature electronics need small PCBs and efficient interconnections to lower power consumption.  The growing focus on product miniaturization and customized offering is anticipated to drive the demand for advanced functional materials.  Various nanomaterials like nanosilica, nano oxide, nano titanium dioxide, and nano aluminum dioxide need to be used for the production of next-generation functional materials. Given these nanomaterials enhanced physical, chemical and performance properties, they are used for a variety of applications in the fields of electricity and electronics. The different possible applications are achieved by the use of such operational enhanced nanomaterials. Hence, the rising demand for miniaturization will support the market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. – View Sample Report

Vendor Landscape

The nanosilica market is concentrated; the vendors are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products –The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Company Profiles

The nanosilica market report includes information on the product launches, sustainability, and prospects of leading vendors, including Bee Chems, Cabot Corp., Dr. Khan Industrial Consultants Pvt. Ltd., Evonik Industries AG, Fortis Life Sciences, Fuso Chemical Co. Ltd., NanoPore Inc., Nanostructured Materials Inc., Normet Group Oy, Nouryon Chemicals Holding BV, US Research Nanomaterials Inc., Wacker Chemie AG, and Xetek Industries Pvt. Ltd.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

This nanosilica market report extensively covers market segmentation by type (P type, S type, and type III), application (rubber, coatings, healthcare and medicine, plastics, and agriculture and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• The market share growth by the P type segment will be significant during the forecast period. P-type, also now as porous nanosilica is used in various products such as coatings, gypsum, batteries, paints, adhesives, and cosmetics due to its large surface area and amorphous nature, which makes it ideal for various products such as coatings, gypsum, batteries, paints, adhesives, and cosmetics. Due to its stability, biocompatibility, and low toxicity, the P-type nanosilica is gaining popularity in the medical and healthcare industry. Also, it is used to enhance concrete permeability and mosaic production. Developments in infrastructure and the rise in construction activities are expected to propel the growth of the P-type nanosilica segment in the construction sector during the forecast period. 

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Table of contents

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global nanosilica market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on global nanosilica market 2017 – 2021 ($ million)

• 4.2 Type Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type – Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 P type – Market size and forecast 2022-2027
• Exhibit 34: Chart on P type – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on P type – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on P type – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on P type – Year-over-year growth 2022-2027 (%)

• 6.4 S type – Market size and forecast 2022-2027
• Exhibit 38: Chart on S type – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on S type – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on S type – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on S type – Year-over-year growth 2022-2027 (%)

• 6.5 Type III – Market size and forecast 2022-2027
• Exhibit 42: Chart on Type III – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Type III – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Type III – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Type III – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 46: Market opportunity by Type ($ million)
• Exhibit 47: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 48: Chart on Application – Market share 2022-2027 (%)
• Exhibit 49: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 50: Chart on Comparison by Application
• Exhibit 51: Data Table on Comparison by Application

• 7.3 Rubber – Market size and forecast 2022-2027
• Exhibit 52: Chart on Rubber – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Rubber – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Rubber – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Rubber – Year-over-year growth 2022-2027 (%)

• 7.4 Coatings – Market size and forecast 2022-2027
• Exhibit 56: Chart on Coatings – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Coatings – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Coatings – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Coatings – Year-over-year growth 2022-2027 (%)

• 7.5 Healthcare and medicine – Market size and forecast 2022-2027 
• Exhibit 60: Chart on Healthcare and medicine – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Healthcare and medicine – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Healthcare and medicine – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Healthcare and medicine – Year-over-year growth 2022-2027 (%)

• 7.6 Plastics – Market size and forecast 2022-2027
• Exhibit 64: Chart on Plastics – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Plastics – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Plastics – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Plastics – Year-over-year growth 2022-2027 (%)

• 7.7 Concrete and others – Market size and forecast 2022-2027 
• Exhibit 68: Chart on Concrete and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Concrete and others – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Concrete and others – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Concrete and others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Application 
• Exhibit 72: Market opportunity by Application ($ million)
• Exhibit 73: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027
• Exhibit 79: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027
• Exhibit 83: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027
• Exhibit 87: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 91: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 99: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 103: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 107: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027
• Exhibit 111: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 UK – Market size and forecast 2022-2027
• Exhibit 115: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Bee Chems 
• Exhibit 127: Bee Chems – Overview
• Exhibit 128: Bee Chems – Product / Service
• Exhibit 129: Bee Chems – Key offerings

• 12.4 Cabot Corp. 
• Exhibit 130: Cabot Corp. – Overview
• Exhibit 131: Cabot Corp. – Business segments
• Exhibit 132: Cabot Corp. – Key offerings
• Exhibit 133: Cabot Corp. – Segment focus

• 12.5 Dr. Khan Industrial Consultants Pvt. Ltd.
• Exhibit 134: Dr. Khan Industrial Consultants Pvt. Ltd. – Overview
• Exhibit 135: Dr. Khan Industrial Consultants Pvt. Ltd. – Product / Service
• Exhibit 136: Dr. Khan Industrial Consultants Pvt. Ltd. – Key offerings

• 12.6 Evonik Industries AG 
• Exhibit 137: Evonik Industries AG – Overview
• Exhibit 138: Evonik Industries AG – Business segments
• Exhibit 139: Evonik Industries AG – Key news
• Exhibit 140: Evonik Industries AG – Key offerings
• Exhibit 141: Evonik Industries AG – Segment focus

• 12.7 Fortis Life Sciences 
• Exhibit 142: Fortis Life Sciences – Overview
• Exhibit 143: Fortis Life Sciences – Product / Service
• Exhibit 144: Fortis Life Sciences – Key offerings

• 12.8 Fuso Chemical Co. Ltd. 
• Exhibit 145: Fuso Chemical Co. Ltd. – Overview
• Exhibit 146: Fuso Chemical Co. Ltd. – Product / Service
• Exhibit 147: Fuso Chemical Co. Ltd. – Key offerings

• 12.9 NanoPore Inc. 
• Exhibit 148: NanoPore Inc. – Overview
• Exhibit 149: NanoPore Inc. – Product / Service
• Exhibit 150: NanoPore Inc. – Key offerings

• 12.10 Nanostructured Materials Inc. 
• Exhibit 151: Nanostructured Materials Inc. – Overview
• Exhibit 152: Nanostructured Materials Inc. – Product / Service
• Exhibit 153: Nanostructured Materials Inc. – Key offerings

• 12.11 Normet Group Oy 
• Exhibit 154: Normet Group Oy – Overview
• Exhibit 155: Normet Group Oy – Product / Service
• Exhibit 156: Normet Group Oy – Key news
• Exhibit 157: Normet Group Oy – Key offerings

• 12.12 Nouryon Chemicals Holding BV 
• Exhibit 158: Nouryon Chemicals Holding BV – Overview
• Exhibit 159: Nouryon Chemicals Holding BV – Business segments
• Exhibit 160: Nouryon Chemicals Holding BV – Key news
• Exhibit 161: Nouryon Chemicals Holding BV – Key offerings
• Exhibit 162: Nouryon Chemicals Holding BV – Segment focus

• 12.13 US Research Nanomaterials Inc. 
• Exhibit 163: US Research Nanomaterials Inc. – Overview
• Exhibit 164: US Research Nanomaterials Inc. – Product / Service
• Exhibit 165: US Research Nanomaterials Inc. – Key offerings

• 12.14 Wacker Chemie AG 
• Exhibit 166: Wacker Chemie AG – Overview
• Exhibit 167: Wacker Chemie AG – Business segments
• Exhibit 168: Wacker Chemie AG – Key offerings
• Exhibit 169: Wacker Chemie AG – Segment focus

• 12.15 Xetek Industries Pvt. Ltd. 
• Exhibit 170: Xetek Industries Pvt. Ltd. – Overview
• Exhibit 171: Xetek Industries Pvt. Ltd. – Product / Service
• Exhibit 172: Xetek Industries Pvt. Ltd. – Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 173: Inclusions checklist
• Exhibit 174: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 175: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 176: Research methodology
• Exhibit 177: Validation techniques employed for market sizing
• Exhibit 178: Information sources

• 13.5 List of abbreviations 
• Exhibit 179: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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