Polymeric Nanoparticles Market Buzzes with 10.6% CAGR As Revealed In New Report

A rise in demand from the pharmaceutical industry and a surge in needs from the automotive sector are propelling the growth of the global polymeric nanoparticles market. North America held the largest market share in 2020, accounting for over 40%. The COVID-19 pandemic accelerated the use of polymer-based nanoparticles, particularly in pharmaceutical applications, enabling precise drug delivery to targeted sites.

According to a report by Allied Market Research, the global polymeric nanoparticles market was valued at $551.9 million in 2020 and is projected to reach $1.51 billion by 2030, expanding at a CAGR of 10.6% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/12473

While increased pharmaceutical demand and the automotive industry's needs drive the market, the complex manufacturing process poses a challenge. However, the growing preference for polymeric nanoparticles in electronics manufacturing is expected to create new opportunities for market players.

Market Segmentation

Type: The market is segmented into nanospheres and nanocapsules. In 2020, nanospheres held a significant share, comprising around 75% of the market, while nanocapsules are expected to show the highest growth, with a CAGR of 10.5% through 2030.

End-use Industry: The market is categorized into pharmaceutical, electronics, and other industries. The electronics segment is projected to grow at the highest CAGR of 10.9% during the forecast period, while the pharmaceutical segment led in 2020, accounting for approximately 60% of the market.

Regional Analysis

The market spans North America, Europe, Asia-Pacific, and LAMEA. North America led in 2020, capturing nearly 40% of the market share. However, Asia-Pacific is set to register the highest CAGR at 11.4% over the forecast period.

Leading Market Players

Key players analyzed in the report include Nano Research Elements, Aphios Corporation, Phosphorex, NanoSynthons LLC, CD Bioparticles, Creative PEGWorks, Biopharma PEG, Nanoshel, Exelead, and Nanovex Biotechnologies SL.

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/polymeric-nanoparticles-market-A12108

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.