Asia Pacific Silver Nanoparticles Market will witness growth over 13.5% up to 2024 | AMES Goldsmith, American Elements, Advanced Nano Products, Applied Nanotech

With metal nanoparticles setting the trend in a slew of consumer goods, such as textiles, food, pastes and soaps, silver nanoparticles market 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.

Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/1118

With the highest degree of commercial value, silver nanoparticles have attracted the interest of textiles, food & beverage, electronics and healthcare industry players. For instance, antifungal activities have made them immensely prominent in a slew of medical and consumer products, including medicine, cosmetics, food, soaps and plastics.

In the recently compiled research report by Global Market Insights, Inc., silver nanoparticles market size has been projected to surpass US$3 bn by 2024.

Top Key Players in The Market are:

Silver nanoparticles market share includes AMES Goldsmith, American Elements, Advanced Nano Products, Applied Nanotech, Cima Nanotech, Nanocs, and Cline Scientific

Trends stemming from cosmetics

Silver nanoparticle is emerging as a fastest growing market in cosmetics as the nanoparticle prevents contamination of bacterial and fungi with pathogenic contamination. Silver nanoparticles are also being used in dyeing of cosmetic foundations, lipsticks, eyebrow pencils and powders.

Silver nanoparticles are also foraying into oral care gels and toothpaste to prevent the growth of bacteria which tend to cause stinking oral smells and dental cavities.

Paints and coatings are also becoming a lucrative portfolio as coatings containing silver nanoparticles are being used in automotive, hygiene and construction industries. Application of nanoparticles has played instrumental role in protecting the product against UV radiation and corrosion. Notably, silver nanoparticles with coating are being sought-after for they have disinfectant and antibacterial properties.

Pharmaceutical application spurs growth

Silver nanoparticles have been gaining impetus in pharmaceutical application as these nanoparticles show a wide spectrum of antiviral, anti-tumor, anti-bactericidal, and antiangiogenic properties.

Silver nanotechnology is also being used in orthopedics on the heels of its antimicrobial properties and is being used in bone cement, trauma implants and hydroxyapatite coatings to ward off biofilm formulation. Stakeholders may be inclined to invest in healthcare space to fuel the growth in silver nanoparticles market.

Opportunities in food and beverage

With traction for silver nanoparticles becoming more evident in food and beverage application, there are opportunities up for grabs for stakeholders in the industry. In recent years, silver nanoparticles are being used in a myriad of sub-segments, including food packaging, food supplements, and functional food ingredients.

Stakeholders may eye to infuse funds in textile applications, including clothing, furnishing, and housing as silver nanoparticles can reduce bacterial growth on the textile. Use of silver nanoparticle as compared to conventional nanoparticles is likely to be ramped up to reduce or prevent bacterial infections.

With expanding food and beverage industry in North America, the region appears well placed in the silver nanoparticles market outlook. Food manufacturers will use silver nanoparticles to ward off augmentation of undesirable microorganisms and boost the bioavailability of the nutritional components.

Request for an in-depth table of contents for this report @
https://www.gminsights.com/toc/detail/silver-nanoparticles-market

Environmental effect: a potential challenge

Penetration of silver nanoparticles in the environment may lead to degradation effects, thereby increasing toxicological concerns. As such, stakeholders have upped their investment in research and development activities to measure the potential risks of nanoparticles.

With thousands of tons of silver nanoparticles produced each year globally, its use in food packaging, pharmaceutical, textiles, coating and cosmetics will surge by leaps and bounds in the next five years. Industry analysis has made an optimistic estimate and projects use of nanoparticles to proliferate considerably in North America.

Browse More Information:

https://www.globenewswire.com/news-release/2018/08/13/1550649/0/en/Dipentene-Market-to-reach-1-9bn-by-2024-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2019/09/13/1915240/0/en/A-D-Chemical-Distribution-Market-to-cross-USD-5-Bn-by-2025-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2017/10/30/1159838/0/en/Biocides-Market-to-exceed-13-bn-by-2024-Global-Market-Insights-Inc.html

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.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.