According to the latest report by IMARC Group, titled “Global Silver Nanoparticles Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global silver nanoparticles market reached a value of US$ 2,052.10 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5,291.10 Million by 2027 exhibiting a CAGR of 16.50% during 2022-2027.
Silver nanoparticles (AgNPs), also known as silver nanopowders, represent spherical high surface area metals sized between 100 nm to 1 nm. Their synthesis techniques primarily include physical, chemical, and biological processes that rely on various factors, such as size distribution, surface chemistry, shape, particle morphology, particle composition, coating and capping, agglomeration, dissolution rate, particle reactivity in solution, the efficiency of ion release, cell type, etc. Furthermore, silver nanoparticles possess optimal energy-consuming, mechanical, and antibacterial properties. Consequently, they are extensively utilized across several sectors, including food and beverage (F&B), personal care, pharmaceutical, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Sliver Nanoparticles Market Trends and Drivers:
The escalating demand for organic light-emitting diode (OLED) touchscreens, energy-efficient light-emitting diodes (LEDs), and advanced photovoltaic systems is among the key factors driving the silver nanoparticles market.
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Additionally, the widespread product adoption in antimicrobial coatings, keyboards, textiles, wound dressings, etc., owing to its optical, thermal, and chemical resistance properties, is further catalyzing the market growth. Besides this, the increasing utilization of biological silver nanoparticles synthesis, on account of the growing environmental consciousness among individuals, is acting as another significant growth-inducing factor.
Moreover, the elevating penetration of advanced electronic products is also augmenting the global market. Apart from this, the rising investments in R&D activities aimed at developing non-finished textiles to control infection-causing bacteria, fungi, lactobacillus, etc., are anticipated to fuel the silver nanoparticles market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Silver Nanoparticles Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Advanced Nano Products Co Ltd, American Elements, Ames Goldsmith Corporation, Cerion LLC, Meliorum Technologies Inc., Merck KGaA, nanoComposix (Fortis Life Sciences LLC), Nanocs Inc., Nanoshel LLC, Strem Chemicals Inc. (Ascensus Specialties LLC) and Thermo Fisher Scientific Inc.
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The report has segmented the market on the basis of region, synthesis method, shape and end use industry.
Breakup by Synthesis Method:
- Wet Chemistry
- Ion Implantation
Breakup by Shape:
- Colloidal Silver Particles
Breakup by End Use Industry:
- Electronics and IT
- Healthcare and Lifesciences
- Food and Beverages
- Water Treatment
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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