Metal Nanoparticles Market Report 2024 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The global Metal Nanoparticles Market size is projected to reach a CAGR of 15.8% from 2023-2030.
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Metal nanoparticles (MNPs) feature a metal core formed of inorganic metal or metal oxide that is usually surrounded by an organic or inorganic substance or metal oxide shell. Metal nanoparticles have a wide range of applications in day-to-day life. The development of new economically viable ways of producing MNPs has resulted in pilot-scale production of MNPs, which have found a market in a variety of consumer products such as lotions, shampoos, apparel, footwear, and plastic containers. Metal oxide nanoparticles are increasingly being discovered by new antimicrobial specialists.
These materials are expected to be produced and manipulated with various chemical functional groups, allowing them to be combined with antibodies, ligands, and pharmaceuticals of interest, opening up a wide range of possible uses in biotechnology, and magnetic separation. This is an excellent solution for safe microorganisms and expected to bring freedom to the metal oxide nanoparticle industry in the predicted years.
Delvens Industry Expert's Standpoint
The desire for innovative materials with better features is fueling the rapid growth and intense competition in the metal nanoparticle market. Although the business is fragmented, certain major competitors have a sizable market share. In the upcoming years, the market is anticipated to expand further, propelled by developments in nanotechnology and an increase in research and development efforts. Regulatory constraints around the use of nanoparticles and worries about their possible effects on human health and the environment are two hurdles the sector is now facing. Overall, the market for metal nanoparticles is a fascinating and vibrant sector with lots of potential for expansion and innovation, but it also has to take sustainability and responsible growth into account.
Regional Analysis
Asia Pacific to Dominate the Market
APAC is the largest and fastest-growing region for the metal nanoparticles market, in terms of volume. The growth in demand for metal nanoparticles in the region can be largely attributed to factors such as high population, increasing industrial growth, and stringent environmental norms.
Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of metal nanoparticles, thereby fueling the growth of the APAC metal nanoparticles market.
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Companies Profiled:
American Elements, Nanoshel, Nanostructured & Amorphous Materials, EPRUI Nanoparticles & Microspheres, US Research Nanomaterials, Tanaka Holdings, Meliorum Technologies, nanoComposix, BBI Group, Strem Chemicals, Nanocs JEOL Ltd, Malvern Panalytical, Skyspring Nanomaterials, Shimadzu Corp and More
Key Findings
· The metal segment is further segmented into Platinum/Palladium, Gold, Silver, Copper, Nickel, Iron, and Others. Silver nanoparticles are the largest metal of metal nanoparticles market which accounted for the largest share during the forecast period.
· The synthesis process segment is further fragmented into Chemical, Physical, and Bio-based. The physical synthesis process is projected to be the largest segment of the metal nanoparticles market during the forecast period.
· The end use segment is further segmented into Pharmaceutical & healthcare, Electrical & electronics, Catalyst, Personal care & cosmetics and Others.
Recent Developments
· In April 2021, nanoComposix signed an agreement with Pró-Análise to broaden the distribution of nanoComposix products to customers throughout Brazil. nanoComposix manufactures hundreds of off-the-shelf and custom inorganic metal and metal oxide nanomaterials to enable the development of technologies ranging from lateral flow assay diagnostics to targeted drug delivery, optical displays, and many more applications.
· In April 2021, nanoComposix improved its process for scaling up the 40 nm gold citrate particles to use in lateral flow diagnostic assays. This capability can expand production to at least 100 L at 20 OD, enough to support the manufacturing of 30–50 million lateral flow strips per month.
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