The report "Metal Nanoparticles Market by Metal (Platinum, Gold, Silver, Iron, Copper, Nickel), Process (Chemical, Physical), End-use (Pharmaceutical & Healthcare, Electrical & electronics, Catalyst, Personal care & cosmetics) and Region - Global Forecast to 2026", size is projected to grow from USD 2.4 billion in 2021 to USD 4.2 billion by 2026, at a CAGR of 11.5% between 2021 and 2026.
Browse 352 market data Tables and 34 Figures spread through 276 Pages and in-depth TOC on "Metal Nanoparticles Market by Metal (Platinum, Gold, Silver, Iron, Copper, Nickel), Process (Chemical, Physical), End-use (Pharmaceutical & Healthcare, Electrical & electronics, Catalyst, Personal care & cosmetics) and Region - Global Forecast to 2026"These particles possess unique chemical and physical properties and a large surface-area-to-volume ratio. Their optical properties, toughness, and reactivity are dependent on their size, structure, and shape. Owing to these properties, metal nanoparticles are considered potential materials for various commercial applications, which include energy-based research, imaging, catalysis, medical applications, and environmental applications.
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Silver nanoparticles segment likely to hold larger share of the metal nanoparticles market during the forecast period.
Silver nanoparticles is projected to be the largest metal segment in metal nanoparticles market. Silver is a precious metal with the highest electrical conductivity among all metals. Their good antimicrobial efficacy against viruses, bacteria, and other eukaryotic micro-organisms contributes toward its growing popularity in diagnostic and therapeutic applications. Silver nanoparticles are widely known for their antifungal, antibacterial, and antiviral effects. They have unique electrical, thermal, and optical properties and are incorporated into products ranging from photovoltaics to chemical sensors. Its superior thermal and electrical conductivity among metals means it cannot be easily replaced by less expensive materials. Silver has the lowest contact resistance and the highest electrical and thermal conductivity among all metals, making it essential in the components of green technologies.
Chemical synthesis process likely to register the highest CAGR during the forecast period.
Chemical methods are the most widely employed for the synthesis of nanoparticles to obtain the required shapes and sizes under suitable conditions. In the current scenario, chemical methods by organic and inorganic reducing agents are the most widely employed for the synthesis of metal nanoparticles. The presence of surfactants comprising functionalities (e.g., thiols, amines, acids, and alcohols) for interactions with particle surfaces can stabilize nanoparticle growth, and protect nanoparticles from sedimentation, agglomeration, or losing their surface properties.
Pharmaceutical & healthcare is expected to be the largest end-use industry during the forecast period.
The pharmaceutical & healthcare and biopharmaceutical industries has gained impetus over the past few years due to the rising demand for medicines in various therapeutic applications. In the medical industry, metal nanoparticles are increasingly being used in therapeutic agents, drug delivery, bioimaging, and cancer diagnostics as well as treatment, among other applications. Various types of metal nanoparticles, including silver, titanium, gold, platinum, and copper, are known for their potential therapeutic effects. When exposed to ultraviolet radiations, these nanoparticles produce a strong oxidative effect and act as photocatalytic disinfectants.
North American region leads the metal nanoparticles market in terms of volume, in 2020.
North America have a well-established market for metal nanoparticles. Growth in the region is owing to the growing pharmaceutical & healthcare and electrical & electronics industries coupled with supportive government initiatives for nanotechnology and its related products.
A few of the key players operating in the global metal nanoparticles market include American Elements (US), Nanoshel LLC (US), Nanostructured & Amorphous Materials (US), EPRUI Nanoparticles & Microspheres (China), US Research Nanomaterials (US), Tanaka Holdings (Japan), Meliorum Technology (US), Nanocomposix (US), BBI Group (UK), Sigma-Aldrich (US), and Nanocs (US) among many others.
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