Metal Nanoparticles Market | Key players operating in the market include American Elements, Nanoshel LLC, Nanostructured & Amorphous Materials, EPRUI Nanoparticles & Microspheres, US Research Nanomaterials

According to recent market research the "Metal Nanoparticles Market by Metal (Platinum, Gold, Silver, Iron, Copper, Nickel), Process (Chemical, Physical), End-use (Pharmaceutical & Healthcare, Electrical & electronics, Catalyst, Personal care & cosmetics) and Region - Global Forecast to 2026", size is projected to grow from USD 2.4 billion in 2021 to USD 4.2 billion by 2026, at a CAGR of 11.5% between 2021 and 2026.

These particles possess unique chemical and physical properties and a large surface-area-to-volume ratio. Their optical properties, toughness, and reactivity are dependent on their size, structure, and shape. Owing to these properties, metal nanoparticles are considered potential materials for various commercial applications, which include energy-based research, imaging, catalysis, medical applications, and environmental applications.

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Silver nanoparticles is projected to be the largest metal segment in metal nanoparticles market. Silver is a precious metal with the highest electrical conductivity among all metals. Their good antimicrobial efficacy against viruses, bacteria, and other eukaryotic micro-organisms contributes toward its growing popularity in diagnostic and therapeutic applications. Silver nanoparticles are widely known for their antifungal, antibacterial, and antiviral effects. They have unique electrical, thermal, and optical properties and are incorporated into products ranging from photovoltaics to chemical sensors. Its superior thermal and electrical conductivity among metals means it cannot be easily replaced by less expensive materials. Silver has the lowest contact resistance and the highest electrical and thermal conductivity among all metals, making it essential in the components of green technologies.

Chemical methods are the most widely employed for the synthesis of nanoparticles to obtain the required shapes and sizes under suitable conditions. In the current scenario, chemical methods by organic and inorganic reducing agents are the most widely employed for the synthesis of metal nanoparticles. The presence of surfactants comprising functionalities (e.g., thiols, amines, acids, and alcohols) for interactions with particle surfaces can stabilize nanoparticle growth, and protect nanoparticles from sedimentation, agglomeration, or losing their surface properties.

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The global metal nanoparticles market size is projected to reach USD 4.2 billion by 2026 at a CAGR of 11.5% from USD 2.4 billion in 2021. Owing to the increasing demand from end-use industries, it is expected that the global metal nanoparticles market will have a significant potential for growth in the near future.

The increase in demand for metal nanoparticles in North America and emerging economies of Asia Pacific is due to the usage of noble metal nanoparticles, such as silver, gold, and platinum/palladium, for several biomedical applications, such as anticancer, radiotherapy enhancement, drug delivery, thermal ablation, antibacterial, diagnostic assays, antifungal, and gene delivery. The key players in the metal nanoparticles market include American Elements (US), Nanoshel LLC (US), Nanostructured & Amorphous Materials (US), EPRUI Nanoparticles & Microspheres (China), US Research Nanomaterials (US), Tanaka Holdings (Japan), Meliorum Technology (US), Nanocomposix (US), BBI Group (UK), Sigma-Aldrich (US), and Nanocs (US) among others. These market leaders have adopted various organic as well as inorganic growth strategies between 2018 and March 2022 to strengthen their position in the metal nanoparticles market. The strategy of partnership was among the major growth strategies adopted by the leading market players to enhance their regional presence and meet the growing demand for metal nanoparticles in emerging economies.

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American Elements (US) is the largest player in the metal nanoparticles market. The company is a global manufacturer of engineered and strategic materials. It operates in the US, Mexico, China, and the UK and has a global distribution network. Fundamental expertise in applications, properties, and cost-effective manufacturing of engineered and advanced materials, comprising nanoscale materials and ultra-high purity refining, allows the company to meet the needs of numerous global manufacturers. The company's product portfolio includes alloys & alloy forms, catalyst, battery materials, chemicals & salts, ceramics, nanomaterials, electronic materials, and water treatment chemicals.

Nanoshel LLC (US) is the second-largest player in the metal nanoparticles market. It is a nanotechnology company specialized in providing a wide range of innovative material and nanoparticles. Since its establishment, the company is engaged in developing innovative technologies, exploring markets, and offering breakthrough solutions through its expertise in nanomaterials. The company caters to the global market through its eleven product segments-nanopowders, innovative materials, quantum dots, micro powders, surface modified quantum dots (QDs), porous carbon materials, wafers & targets, dispersions, salts, compounds, and rare earth metals. It offers metal nanoparticles through its nanopowders segment. It caters to agricultural, healthcare & pharmaceutical, explosive formulations, and energetic materials, among other applications, through its metal nanoparticles product portfolio. The company has a strong global presence with offices in North America, Europe, Asia Pacific, and the Middle East & Africa.

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