Published: 06-Feb-2020 | Published By: Market Research Store
The published report on “Global Silver Nanoparticles Market – By Product (20-50 nm and 50-100 nm), By Application (Electronics & Electrical, Healthcare, Food & Beverages, Textiles), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025.” exhibits the escalating demand for global Silver Nanoparticles market in 2018 was approximately USD 1Billion. It is anticipated to reach around USD 3Billion by 2025 with a CAGR of around 17.5%.
Browse Full Report 151 Market Data Tables and 46 Figures spread through 151 Pages and in-depth TOC on "Silver Nanoparticles Market (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2025" View detailed Table of Content here - https://www.marketresearchstore.com/report/global-silver-nanoparticles-market-research-report-2019-2023-531108
Silver nanoparticles have electrical, optical, and thermal properties due to which it has wide application in the photovoltaic and chemical and biological sensors. The electrical conductivity of silver nanoparticles has enhanced its use in the conductive inks, pastes, and fillers. Thus, the novel properties of the silver nanoparticles are likely to help boost the global Silver Nanoparticles market. One of the major factors propelling the global market is the silver nanoparticles use for antimicrobial coatings, wound dressings, keyboards, biomedical devices, and textiles.
In the forefront of the driving growth in the global Silver Nanoparticles market is the rising requirement for antimicrobial textiles or antimicrobial coated devices in healthcare applications. The silver nanoparticles use in the children’s toys and clothes are escalating due to its resistance properties that could possibly help reduce the risks of the spread of diseases. Thus, the market will witness further growth on account of the aforementioned factors.
Inaddition, the growing electronic industry along with the increasing demand for sophisticated and miniaturized gadgets will help stoke the growth of the market during the forecast timeframe. The low energy consumption property of silver nanoparticles will boost the global Silver Nanoparticles market by increasing its use in photovoltaic which, in turn, will help bring down carbon footprint.
Furthermore, the new trend of using silver nanowires due to its conductive nature in the OLEDs, touchscreens, LEDs, and photovoltaicare going to expand the global Silver Nanoparticles market during the forecast timeline.
However, the stringent regulations followed in Europe and North America is likely to restrain the growth of the global market for silver nanoparticles due to the concerns regarding its harmful effects on the environment.
Among application segments, Healthcare dominates the global silver nanoparticles market. This is possibly due to the increasing health awareness, elder population, and high disposable income of the consumers. Thus, the massive growth in the healthcare market will boost the global Silver Nanoparticles market.
Geographically, North America accounts for a leading share in the global market for silver nanoparticles. This is because of the increasing awareness about the prevention of hospital-acquired diseases and the crucial role of silver nanoparticles in thwarting it. Increasing R&D activities and technological advancements being made in the region is expected to fuel global Silver Nanoparticles market growth over the forecast period.
Some of the key industry players in the global Silver Nanoparticles market include NanoHorizons, Nanocs, Nanoshel, Cline Scientific, Applied Nanotech, Cima Nanotech, and American Elements.
The global Silver Nanoparticles market is segmented as follows:
Global Silver Nanoparticles Market: By Product
- ·20-50 nm
- ·50-100 nm
Global Silver Nanoparticles Market: By Application
- ·Electronics & electrical
- ·Food & Beverages
Global Silver Nanoparticles Market: By Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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