From 2021 to 2028, the metal nanoparticle market is growing at a healthy compound annual growth rate of 19.58%-EIN Presswire

2021-11-22 06:43:33 By : Mr. Andrew Zhao

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By 2028, the global metal nanoparticle market seems to reach 62.03 billion U.S. dollars, with a compound annual growth rate of 19.58% from 2021 to 2028.

Newark, New Jersey, USA, November 17, 2021/EINPresswire.com/-According to a report released by Brainy Insights, the global metal nanoparticle market appears to reach USD 62.03 billion by 2028, with a compound annual growth rate of 19.58 % From 2021 to 2028. The Asia-Pacific region has the highest market share in 2020, reaching 5.96 billion U.S. dollars. This is due to the surge in demand for metal nanoparticles in the healthcare and electronics industries. The emerging economies of the region will have increased demand for cosmetics, healthcare and electronic products. North America has a market value of US$3.68 billion in 2020, ranking second. This is due to technological advancements in the electronics and semiconductor industries and a surge in expenditures in the healthcare sector.

Major players in the global metal nanoparticle market include American Elements, Nanoshel, Nanostructured & Amorphous Materials, EPRUI Nanoparticles & Microspheres, US Research Nanomaterials, Meliorum Technologies, nanoComposix, BBI Group, Nanocs, Strem Chemicals and Tanaka Holdings. in.

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The metal part is divided into platinum, gold, silver, iron, titanium, copper, nickel, etc. The gold segment has the highest market value in 2020, reaching US$4.6 billion. The antibacterial and electronic properties of gold nanoparticles have attracted the attention of all healthcare and electronics industries. The end user segment includes pharmaceuticals and healthcare, electrical and electronics, catalysts, personal care and cosmetics. In 2020, medicine and healthcare account for 40.14% of the market share, which can be used for disease diagnosis. The nano-size of metal nanoparticles helps to interact with biomolecules in a better way inside and on the cell surface, resulting in better diagnosis and treatment results.

The synthetic process part includes chemical methods, physical methods and bio-based methods. In 2020, the market value of the bio-based segment is 6.39 billion U.S. dollars. Compared with the traditional chemical synthesis process, this method is safe, cheap and environmentally friendly.

The high cost of metal nanoparticles is a major constraint on the market. Metal nanoparticles are widely used in many end-user fields, from healthcare to cosmetics, from pharmaceuticals to electrical and electronic industries. The high price of nanoparticles will lead to an increase in product prices. All end-user companies have to increase the price of products that use metal nanoparticles to obtain an acceptable profit margin in forecasted sales. As there are other substitutes and substitutes on the market, the high price of the product may lead to a decrease in sales.

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