Metal Nanoparticles Market expected to grow at a CAGR of 15.4% with Industry Size, Share and Rising Trend till 2022

in #metalnanoparticles6 years ago

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 " 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.

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Drivers & Opportunities in global industry:

  • Growing Popularity of Gold Nanoparticles in the Pharmaceutical
  • Increasing Application Areas of Nanoparticles
  • Supportive Government Initiatives and Funding
  • Biological Approach to Reduce Costs and Improve the Quality of Nanoparticles
  • Rising Demand From Emerging Economies
  • Growing Electronics Industry

The segmentation for this report is based on metal, end-use industry, synthesis process, and region. The pharmaceutical & healthcare segment is projected to be the fastest-growing in the metal nanoparticles market during the forecast period. There are various metal nanoparticles used in image-guided in-vivo therapies as well as in in-vitro techniques in order to detect changes in organs and tissues, and to diagnose chronic diseases such as cancer and Alzheimer’s. The pharmaceutical & healthcare industry requires these metal nanoparticles for target specificity in the diagnosis of diseases.

Metal nanoparticles are used in pharmaceutical & healthcare, electrical & electronics, catalyst, personal care & cosmetics, and other industries (water treatment, textile, aerospace, paints, and glass). The global market, in terms of end-use industry, was dominated by the pharmaceutical & healthcare industry in 2016. The rise in demand for innovative drugs and target-specific diagnosis & therapeutics is leading to the introduction of new & advanced materials, thereby giving rise to an increased demand for metal nanoparticles.

The silver nanoparticles segment dominated the market in 2016, in terms of volume, as a result of their antimicrobial efficacy against viruses, bacteria, and other eukaryotic microorganisms, and wide application areas in electrical & electronics and healthcare industries. The gold nanoparticles segment is projected to grow at the highest CAGR during the forecast period; this is attributable to their unique optical properties, rich surface chemistry, and biocompatibility.

The global metal nanoparticles market is dominated by players such as American Elements (US), Nanoshel (US), Nanostructured & Amorphous Materials (US), EPRUI Nanoparticles & Microspheres (China), US Research Nanomaterials (US), Meliorum Technologies (US), nanoComposix (US), BBI Group (UK), Nanocs (US), Strem Chemicals (US), and Tanaka Holdings (Japan).

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