The Global — Metal Nanoparticles Market is expected to garner a notable growth during the forecast period due to various key factors. A key factor anticipated to influence the global market is the fast-paced growth of the healthcare sector during the review period. The proliferating demand for Metal Nanoparticles in the healthcare and pharmaceutical industry is projected to act as a key factor driving the growth of the market. Add to this, metal nanoparticles are used on a wide-scale manner as conductive coatings for various electronic devices to ensure its protection from electromagnetic compatibility issues like lightning strike protection, electrostatic discharge, and electromagnetic shielding.
For years, Metal Nanoparticles have been a fascinating subject for scientists and researchers. Today, its optical properties have led to its widespread application across different industries. These metals have dimensions within the range of 1 to 100 nanometers (nm) and can be synthesized by physical, chemical, or biological methods. It finds its application in electronics, healthcare, food & beverage, and in the personal care and cosmetics industries. Its usage in the healthcare industry can be attributed to its antimicrobial and antibacterial properties. Various other Metal Nanoparticles like copper, zinc, and graphite are used for various chemical and electrochemical reactions as catalysts. It holds its use in wiring printing, conductive layers, and in the inner electrodes of multi-layered ceramic capacitors (MLCC). Nanoparticles like indium, copper, carbon, and graphite are used in engine oils as lubricant additives to enhance the wear resistance and friction of the vehicle.
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The Global Metal Nanoparticles Market segmentation is based on the basis of End-User Industry, Metal, and Region.
By Metal, the market segments into silver, platinum, gold, iron, copper, graphite, and others.
By End-User Industry, the market includes personal care and cosmetics, healthcare, electronics and semiconductor, food & beverages, and others.
By Region, the market covers regions like Latin America, Europe, Asia Pacific, North America, and the Middle East & Africa.
The Global Metal Nanoparticles Market geographical analysis identifies Asia Pacific as the dominant region in terms of market share. Furthermore, the region is expected to remain at the top of the standings and maintain its dominance. The region is forecasted to be the fastest-growing market globally during the assessment period. The growth and dominance of the region can be attributed to the rapid-paced advancements in the healthcare industry and expansion of the electronics and semiconductor sector. The surging demand for Metal Nanoparticles as packaging material and preservatives in the F&B and personal care industry is most likely expected to push the growth of the market globally during the forecast period.
The North American as well as the European regional market are two other key and prominent regions globally for Metal Nanoparticles. The ameliorating demand for metal nanoparticles across well-developed and established electronics and semiconductor industry in both North American and European regions is identified to be a key factor driving the market growth herein during the assessment period.
Finally, the Middle Eastern and African region is anticipated to experience significant growth in the forthcoming years due to the healthy and stable growth of the healthcare and food & beverage industry in this region.
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The Global Metal Nanoparticles Market includes a host of key players, including Nanoshel LLC (US), EPRUI Biotech Co. Ltd (China), American Elements (US), Meliorum Technologies Inc. (US), Blacktrace Holdings Ltd (UK), Strem Chemicals, Inc. (US), US Research Nanomaterials Inc. (US), BBI Solutions (UK), Cerion LLC (US), Hongwu International Group Ltd (China), Nanocomposite (US), Nanocs Inc. (US), Tanaka Holdings Co. Ltd (Japan), and Avansa Technology & Services (India).
27th March, 2019, the US Army made an announcement that its biological and chemical research department is working on developing new methods to characterize and pile up the production of metal nanoparticles in order grab a better understanding of how biologically-derived nanoparticles can enhance the capabilities of the army.
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