Metal Nanoparticles Market growth, Industry Size, Overview, Segmentation and Geographical Forecast Till 2030
Market Overview
Metal nanoparticles are micron-scale pure metals synthesized by
chemical, physical, or biological processes. Metal nanoparticles are antibacterial,
antifungal, and antimicrobial, which drives their demand in the healthcare
sector.
Based on metal, the global metal nanoparticles market growth has
been segmented into gold, silver, iron, copper, platinum, graphite, and others.
The gold nanoparticles segment dominated the market in 2017 and is likely to
remain the largest during the forecast period. This can be attributed to the
increasing demand for gold nanoparticles in manufacturing antibacterial and
antimicrobial drugs and medical equipment. In addition, they are used as
preservatives in food and cosmetic products and as whitening and anti-aging
agents in various cosmetic products. The increasing demand for these
nanoparticles in the healthcare and personal care and cosmetics industries is
likely to drive market growth during the forecast period.
By end-use industry, the global metal nanoparticles market has
been categorized as healthcare, electronics and semiconductor, personal care
and cosmetics, food & beverage, and others. The healthcare segment held the
majority market share in 2017. The technological advancements in the medical
field and the widespread application of metal nanoparticles in the treatment of
chronic diseases are expected to be the key factors fueling demand in the years
to follow.
Market Segmentation
The global Metal Nanoparticles
Market Growth has been segregated on the basis of metal, end-use
industry, and region.
Gold, silver, iron, copper, platinum, and graphite are the major
metals considered for the global metal nanoparticles market.
By end-use industry, the global metal nanoparticles market has
been segmented into healthcare, electronics and semiconductor, personal care
and cosmetics, food & beverage, and others.
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Regional Analysis
The global metal nanoparticles market growth has been studied
with respect to five regions—Asia-Pacific, North America, Europe, Latin
America, and the Middle East & Africa.
The market in Asia-Pacific is expected to grow at a high CAGR
owing to the rising product demand in the healthcare and electronics and
semiconductor industries. In addition, metal nanoparticles are used as food and
cosmetic preservatives, which is expected to fuel market growth in the region
during the review period.
The North American market is expected to witness significant
growth during the forecast period. This is mainly due to the advancements in
the electronics and semiconductor industry and increased expenditure on
healthcare research.
Competitive Analysis
The leading players in the global metal nanoparticles market
growth are American Elements (US), EPRUI Biotech Co. Ltd (China), Strem
Chemicals, Inc. (US), Meliorum Technologies Inc. (US), Hongwu International
Group Ltd (China), Nanoshel LLC (US), Blacktrace Holdings Ltd (UK), Cerion LLC
(US), BBI Solutions (UK), Tanaka Holdings Co. Ltd (Japan), Nanocomposix (US),
US Research Nanomaterials Inc. (US), Nanocs Inc (US), and Avansa Technology
& Services (India).
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