Silver Nanoparticles Market Key Players 2018-2024: Nanoshel, BASF, BBI Solutions, American Elements, AMES Goldsmith, nanoComposix
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Silver nanoparticles market trends | Healthcare industry
The properties of nanosilver have aided the material to find massive applications in the healthcare space, as is evident from the numerous R&D activities being conducted in this regard. Recently, the Ruhr-Universität Bochum made it to the front page for having developed a unique method to observe the real-time chemical reaction of individual silver nanoparticles that would help study their reaction and degradation in biological as well as ecological systems.
Silver nanoparticles market trends | Electronics & IT industry
Taking into account the optical properties of silver nanoparticles, they have been used extensively to manufacture sensors and other functional components of photonic devices. In fact, silver nanoparticles have been used to generate conductive coatings, molecular sensing, plasmonic antennas, and nanocomposites. The ongoing technological advancements and shifting focus toward the development of nanoelectronic components will thus have a considerable impact on the demand of silver nanoparticles in the electronics industry.
Silver nanoparticles market trends | Food & Beverage industry
The ever-expanding F&B domain and the rising preference for packaged food are also touted to augment silver nanoparticles market, pertaining to product’s antimicrobial property which could increase the shelf life of food and provide protection against foodborne diseases. In the last few years, a part of the global populace has been declining on account of the consumption of contaminated food.
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Asia Pacific silver nanoparticles market will witness fastest growth over the forecast period. China silver nanoparticle market will witness significant development owing to presence of prominent LED, OLED, and mobile phones players. In addition, rising health awareness and increasing requirement for contaminated free water solutions in emerging economies including China, India, and Japan fuelling product demand.
MEA will witness 12.5% CAGR up to 2024 in terms of volume. Increasing demand for the water treatment, detergents and personal care products in the Middle East & Africa developing countries such as South Africa and Saudi Arabia will drive the regional industry growth.
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NanoHorizons, Nanoshel, Nanocs, Cline Scientific, Cima Nanotech, Applied Nanotech and American Elements are the key industry players. Mergers, acquisitions, strategic alliances, and R&D investments are among the major strategies for building and expanding the business. For instance, in August 2015 Cima Nanotech announced joint venture with Foxconn for manufacturing touch modules that are used in the large format projected capacitive touch screens that in return expanded the market size for silver nanoparticles.
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