The global Metal Nanoparticles Market size was USD 2.4 Billion in 2021 and is expected to register a revenue CAGR of 11.5% over the forecast period, according to the latest report by Reports and Data.
Due to its versatility, gold nanoparticles are the type of nanometal that have been the subject of the most research in the fields of nanomedicine and nanotechnology. Gold nanoparticles may find use in the pharmaceutical and healthcare sectors due to their distinctive electrical, optical, and catalytic capabilities, non-immunogenicity, simple surface chemistry, biocompatibility, and antibacterial qualities. Gold nanoparticles are perfect for boosting the radiation dose used to treat malignancies because of their high atomic mass, which allows them to absorb more radiation than soft tissue cells.
Additionally, it is simple to create gold nanoparticles in a variety of forms. Additionally, they have a distinct surface effect, a macroscopic quantum tunnelling effect, a tiny size, and the presence of surface plasmon resonance (SPR) bands. They are also non-toxic and biocompatible. Gold nanoparticles are now viable materials for a variety of biological applications, including molecular imaging, biosensing, and drug delivery.
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Top Lading Players: American Elements, Nanoshel LLC, Nanostructured & Amorphous Materials, EPRUI Nanoparticles & Microspheres, US Research Nanomaterials, Tanaka Holdings, Meliorum Technology, Nanocomposix, BBI Group, Sigma-Aldrich, and Nanocs
Metal Nanoparticles market growth:
Metal nanoparticles have gained significant attention in various industries due to their unique properties and wide range of applications. These nanoparticles, typically sized between 1 and 100 nanometers, exhibit distinct characteristics compared to their bulk counterparts, such as increased surface area, enhanced reactivity, and unique optical properties.
The metal nanoparticles market has been experiencing steady growth over the past years, driven by increasing demand from several sectors, including electronics, healthcare, energy, and environmental applications. Here are a few factors contributing to the market growth:
- Electronics and Semiconductor Industry: Metal nanoparticles find extensive use in electronics, particularly in the production of conductive inks, transparent conductive films, and catalysts for printed electronics. With the rapid growth of the electronics and semiconductor industry, the demand for metal nanoparticles has been increasing.
- Healthcare and Pharmaceuticals: Metal nanoparticles, such as gold nanoparticles and silver nanoparticles, have shown great potential in various medical applications, including targeted drug delivery, imaging, diagnostics, and therapeutics. The healthcare sector's continuous research and development efforts in nanotechnology have contributed to the growth of the metal nanoparticles market.
- Energy Sector: Metal nanoparticles are utilized in energy-related applications, including catalysis for fuel cells, solar cells, and batteries. The increasing focus on clean and renewable energy sources has driven the demand for metal nanoparticles in energy storage and conversion technologies.
- Environmental Applications: Metal nanoparticles have been employed in environmental remediation and pollution control due to their unique catalytic properties. They are used in wastewater treatment, air purification, and as sensors for detecting pollutants. Growing environmental concerns and stricter regulations have further fueled the demand for metal nanoparticles in this sector.
Some Key Highlights from the Report:
- Colloidal metal nanoparticles with a size of up to 100 nm are known as silver nanoparticles. Many different businesses, including engineering, biology, and manufacturing, use them. Due to their strong antiviral, anti-yeast, antifungal, and antibacterial qualities, these compounds are increasingly being used in active food packaging in combination with either edible or non-biodegradable polymers.
- Asia Pacific is the region with the fastest market growth for metal nanoparticles. Consumer electronics are in great demand in the region as a result of innovation, affordability, and rising household incomes, particularly in Asia Pacific's emerging economies. This region's nations are home to a great number of industrial conglomerates with extensive manufacturing capacity in fields directly related to electronic devices, like microelectronics, optoelectronics, printed electronics, photovoltaics, and flexible displays.
- By signing a contract with BIOZOL Diagnostica Vertrieb GmbH in March 2021, nanoComposix expanded the reach of its product distribution to consumers in Germany and Austria. Products for immunology, cell biology, molecular biology, biochemistry, and human and veterinary diagnostics are marketed and distributed by BIOZOL Diagnostica Vertrieb GmbH. These products include antibodies, recombinant proteins, ELISA/EIA, detection kits, biochemicals, and additional reagents for cell culture, flow cytometry, immunohistology, and cytogenetics. The collaboration will extend its geographic reach throughout Germany.
Segments covered in the Metal Nanoparticles Market report:
Metal Outlook (Revenue, USD Billion; 2019-2030)
- Platinum/Palladium
- Gold
- Silver
- Copper
- Nickel
- Iron
- Others
Synthesis Process Outlook (Revenue, USD Billion; 2019-2030)
- Chemical
- Physical
- Bio based
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Pharmaceutical & healthcare
- Electrical & electronics
- Catalyst
- Personal care & cosmetics
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Residential
- Commercial
End-use Outlook (Revenue, USD Billion; 2019-2030)
- Building & Construction
- Automotive & Transportation
- Electrical & Electronics
- Others
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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