Metal Nanoparticles Market Estimated huge growth at a CAGR of 15.4% by 2022
The [149 Pages Report] "Metal Nanoparticles Market by metal (Platinum, Gold, Silver, Iron, Titanium, Copper, Nickel), End-use industry (Pharmaceutical & healthcare, Electrical & electronics, Catalyst, Personal care & cosmetics), and Region - Global Forecast to 2022" published by MarketsandMarkets™, the Metal Nanoparticles Market size is estimated to grow from USD 12.35 Billion in 2017 to USD 25.26 Billion by 2022, at a CAGR of 15.4%. The market is projected to witness steady growth in the next few years, because of the increasing application areas of metal nanoparticles, resulting from rapid industrialization and urbanization. Large-scale investments in industrial sectors, rise in demand for innovative materials from the healthcare industry, and supportive government initiatives & funding are some of the key factors driving the growth of the Metal Nanoparticles Market.
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The metal nanoparticles market is led by major players such as American Elements (US), Nanoshel (US), Nanostructured & Amorphous Materials (US), EPRUI Nanoparticles & Microspheres (China), and US Research Nanomaterials (US). Extensive product portfolio, coupled with network of facilities across the globe, contributes toward the leading position of these market players. The market players focus on the advancement of sustainable technologies, commercializing emerging green technology, and promoting greater eco-efficiency which further boosts their market position in the global metal nanoparticles market.
American Elements (US) is a leading metal nanoparticles manufacturer. Strong global presence, wide product portfolio comprising over 15,000 products, and focus toward the advancement of sustainable technologies have helped the company to establish a leading position in metal nanoparticles market. Its fundamental expertise in the cost-effective manufacturing of engineered and advanced materials enables the company to meet the demand of thousands of global customers. Through its network of production facilities globally, it also produces customer proprietary formulations. Its customer base in multiple countries further contributes to its leading position.
Nanoshel (US) is another key player in the metal nanoparticles market. It is the manufacturer and supplier of innovative materials & nanoparticles and offers breakthrough solutions through its expertise in nanomaterials.
Its strong global presence with offices in both developed and developing countries, wide variety of metal nanoparticles, and skilled R&D team strengthen its position in the global market. The company is focused on developing innovative technologies and exploring markets to expand its market presence.
North America region dominated the metal nanoparticles market in 2016, in terms of value. This is attributed by the established industrialized economy, presence of major companies specialized in metal nanoparticles, and growing electrical & electronics and pharmaceutical industries. Moreover, favorable free trade agreements such as the North American Free Trade Agreement (NAFTA) has helped in developing a close trade relationship between the US, Mexico, and Canada, which allows the country to extend its product reach to the world’s leading economies at reduced shipping costs. Asia Pacific is projected to witness the highest growth rate during 2017-2022, backed by the favorable government initiatives and growing pharmaceutical & healthcare industry. In Asia Pacific, China is one of the most promising markets for metal nanoparticles due to the growing electronics industry, presence of second largest pharmaceutical sector, and investments in nanotechnology.
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