2020-2025 New Strategic Report On Nanocopper Oxide Market | American Elements; Nanocomposix; Nanoshel LLC; Plasmachem Gmbh

The nanocopper oxide market was valued at US$ 14,465.7 thousand in 2018 and is projected to reach US$ 48,974.0 thousand by 2027; it is expected to grow at a CAGR of 14.7% from 2019 to 2027.

Nanocopper oxide is a red or brown to black nanomaterial available in various forms and is used to meet the needs of the diversified user base. These nanoparticles possess several chemical and physical attributes including antimicrobial and antibiocide properties, photovoltaic properties, relatively stability, and superconductivity. They are generally used in small quantities to boost the performance of the end product; they are also considered to be cost-efficient advanced solutions. The nanonparticles are, therefore, used to manufacture batteries, semiconductor devices and equipment, gas sensors, microelectronics, and other equipment. Extensive research and development activities in the field of nanotechnology have paved the way for the application of these nanoparticles in biomedical, agricultural, textile, and other relevant industries.

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The nanocopper oxide market in Europe has been segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. Germany held the largest share of the Europe nanocopper oxide market, followed by France and the UK. In Europe, nanocopper oxide is extensively used in industries such as construction, paint and coatings, energy & power, electrical and electronics, and chemicals & materials. Copper is one of the popular raw materials used in the construction industry. It is used in the manufacturing of water pipes, while it is also popular as a roofing material due to its resistance toward extreme weather conditions. Besides its wider application in the form of copper coinage, nanocopper oxide a biocidal agent is currently most widely used among various industries. In the paint and coatings industry, the nanocopper oxide is applied in antifouling paints for ships. It also prevents the growth of microorganisms such as fungi and algae, and ships can theoretically save up to 40% fuel. .

American Elements; nanoComposix; Nanoshel LLC; PlasmaChem GmbH; SkySpringNanomaterials Inc.; Strem Chemicals Inc.; and US Research Nanomaterials, Inc.; are amongthe major players in the Europe nanocopper oxide market.

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The overall Europenanocopper oxide market size has been derived in accordance to both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Nanocopper oxidemarket.

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This release was published on openPR.