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Silver nanoparticles market Trends Opportunity 2025, Key players like American Elements, BASF, BBI Solutions, Cima NanoTech, Cline Scientific Ab, Nanocs, Nanoshel
Silver Nanoparticles Market
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The optical properties of silver nanoparticles have been used widely to manufacture sensors and other functional parts of photonic devices. According to reports, electronics and electricals application segment is expected to register a steady 12% CAGR between 2016-2024.
Rapid technological developments in the electronics & IT sector along with shifting focus toward the expansion of nano-electronic components will certainly complement silver nanoparticles market trends.
Increased demand for high conductive parts for products including keyboards, semiconductors, and mobile phones will have a considerable impact on the deployment of silver nanoparticles in the electronics sector.
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Rising preference for packaged food and proliferating demand for ready-to-eat products will drive the industry expansion. It is estimated that the food & beverage application segment will contribute over USD 300 million towards silver nanoparticles market share by 2024.
With metal nanoparticles setting the trend in a slew of consumer goods, such as textiles, food, pastes and soaps, silver nanoparticles have gained popularity owing to its chemical, physical and biological attributes. In a bid to boost their market value, stakeholders are poised to infuse investments in silver nanoparticles that have earned the reputation of being non-toxic and having low cost vis-à-vis platinum and gold.
Major key players in the silver nanoparticles market are American Elements, Ames Goldsmith Corporation, ANP Corporation, Applied Nanotech, BASF, BBI Solutions, Cima NanoTech, Cline Scientific Ab, Meliorum Technologies, Inc., NanoComposix, Nanocs lnc, NanoHorizons, Nanoshel LLC.
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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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