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Global Silver Nanoparticles Market Key Players by 2024: NanoHorizons, Nanoshel, Nanocs, Cline Scientific, Cima Nanotech, Applied Nanotech and American Elements

Silver Nanoparticles Market

Silver Nanoparticles Market

Silver Nanoparticles Market in Food and beverages application estimated to surpass USD 300 million by 2024. Surging demand for ready to eat food and packaged items driving hygienic packaging trend. Increasing consumer safety concern and necessity to eliminate disease spreading bacteria, virus, and microbes likely to support product demand across packaging industry. Food manufacturing companies are expected to adopt silver nanoparticles coated packaging technique owing to excellent anti-fungal, anti-bacterial and anti-virus properties.

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Silver Nanoparticles Market in electronics & electricals application will witness growth over CAGR 12% up to 2024 in terms of revenue. Rapid advancements in electronics & IT industry owing to rising product innovation instigating need for high conductive materials for electrical equipment’s. Enhanced demand for high conductive particle including semiconductors, keyboards, and mobile phones is projected to drive industry growth over the forecast time frame. High optical and electrical conductivity is mainly required in various semiconductor and electronic devices, touchscreens, LEDs and OLEDs for enhancing processing efficiency.

Healthcare silver nanoparticles market registered more than USD 470 million in 2017. Medicinal advantages including anti-microbial property is serving prominent application in pharmaceutical industry. Surging cost treatments from last few years nanomaterial is proving a cost-effective solution in life sciences leading towards high adoption of silver nanoparticles.

Increasing demand of silver nanoparticles owing to excellent physiochemical and optoelectronic properties involved in the healthcare, electronics, and textile industry boosting market share. Antifungal and anti-bacterial properties are propelling application trend in food products, food packaging products, meat & seafood, cosmetics, and personal care fostering industry growth.

Silver nanoparticles delivers medicinal benefits specially in reducing cancer tumours owing to superior property in resisting cellular growth escalating industry share. Medicinal advancement has improved diagnostic methods by providing benefits as an anticancer agent in treatments and cure medicines propelling product demand.

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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.

Silver nanoparticles market is competitive owing to presence of limited companies. The major companies are American Elements, Cima Nanotech, BASF and Advanced Nano Products. Other companies are NanoHorizons, Nanocs, Meliorum Technology, BBI Solution, and Cline Scientific are the notable players in the market.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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