Press release
More than US$ 8,000 Mn worth of Gold Nanoparticles Market are envisaged to be sold worldwide by 2026-end
The global market for gold nanoparticles is highly competitive and is considered as consolidated in nature, owing to the presence of a few local and global players operating worldwide, states a new market intelligence study by Transparency Market Research. The leading players in the market are competing on the basis of product quality, distribution network, and creative developments. The key players are focusing on the research and development activities and technological advancements, which are projected to offer lucrative growth opportunities for the market players in the next few years. In addition to this, the increasing number of mergers and acquisitions and collaborations are estimated to enhance the overall competitive environment of the market in the next few years. Some of the key players operating in the gold nanoparticles market across the globe are Johnson Matthey Plc, Cline Scientific, Innova Biosciences, Meliorum Technologies, Inc., Sigma Aldrich, Nanocomposix Inc., Cytodiagnostics, Nanopartz Inc., TANAKA, and BBI Solutions.The global gold nanoparticles market is highly competitive and is considered as consolidated in nature, owing to the presence of a few local and global players operating worldwide, states a new market intelligence study by Transparency Market Research. The leading players in the market are competing on the basis of product quality, distribution network, and creative developments. The key players are focusing on the research and development activities and technological advancements, which are projected to offer lucrative growth opportunities for the market players in the next few years. In addition to this, the increasing number of mergers and acquisitions and collaborations are estimated to enhance the overall competitive environment of the market in the next few years. Some of the key players operating in the gold nanoparticles market across the globe are Johnson Matthey Plc, Cline Scientific, Innova Biosciences, Meliorum Technologies, Inc., Sigma Aldrich, Nanocomposix Inc., Cytodiagnostics, Nanopartz Inc., TANAKA, and BBI Solutions.
global gold nanoparticles marketAs per the research study by Transparency Market Research, the global market for gold nanoparticles is projected to register a promising 15.0% CAGR between 2017 and 2026. On the basis of sales, the market is projected to witness sales in diverse applications and end use industries to exceed around US$8,000 mn by the end of 2026.
Asia Pacific to Witness High Growth in Coming Years
The global market for gold nanoparticles has been categorized on the basis of geography into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Among these segments, Asia Pacific is estimated to account for a major share of the market and is predicted to remain in the leading position throughout the forecast period. As per the study, this region is likely to hold a share of around 30% of the market, thanks to the rising contribution from China, India, Taiwan, and Korea. In addition to this, this region is becoming the largest manufacturing hub for electronics and the support of government for the development of the nanotechnology industry are some of the other major factors that are predicted to enhance the growth of the Asia Pacific market in the next few years.
Furthermore, the gold nanoparticles market has been classified on the basis of end use into electronics, healthcare, chemicals, and others. The electronics segment led the global market in the last few years and is predicted to remain in the similar situation throughout the forecast period. The rising demand for gold nanoparticles, owing to the rising adoption of compact mass storage devices is considered as one of the key factors projected to enhance the growth of this segment in the next few years.
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Rising Number of Applications to Encourage Market Growth
Gold nanoparticles are being used extensively for enhancing plastids in the plant biotechnology research, which is expected to act as a major opportunity for the market players. The rising number of applications of gold nanoparticles is another major factor that is predicted to enhance the growth of the overall market in the next few years. On the other hand, the strict rules and regulations by the international agencies, including National Institute of Standards and Technology (NIST), Nanomaterials Registry, and International Organization for Standardization (ISO) is predicted to restrict the growth of the global gold nanoparticles market in the next few years.
This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Gold Nanoparticles Market (End-Users – Healthcare, Electronics, Chemicals, and Other End-Users; Applications – Imaging, Targeted Drug Delivery, Proton Therapy, In-Vitro Assays, Sensors, Probes, Catalysis, and Other Applications) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2026.”
Key Takeaways:
Asia Pacific market for gold nanoparticles to witness high growth and attain leading position throughout the forecast period.
The global gold nanoparticles market to observe a high level of competition in the next few years.
The global gold nanoparticles market has been segmented as below:
Global Gold Nanoparticles Market: End Use
Healthcare
Electronics
Chemicals
Global Gold Nanoparticles Market: Application
Imaging
Targeted Drug Delivery
Proton Therapy
In-vitro Assays
Sensors
Probes
Catalysis
Global Gold Nanoparticles Market: Geography
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
India
China
Japan
Australia and New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
South Africa
GCC Countries
Rest of Middle East and Africa
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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