Silver Nanoparticles Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Silver Nanoparticles Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : November, 2021 | Chemical & Materials

Report Digest


Global Silver Nanoparticles Market: Snapshot

Silver nanoparticles are sized between 100 nm to 1 nm and are often used as silver oxide rather than pure silver. One of the key physical properties of using silver nanoparticles is that their structures can be easily arranged depending on the application that they are needed for. More often than not, it is spherical silver nanoparticles are utilized in most applications, while other forms such as octagonal and diamond are preferred in more specific applications. Silver nanoparticles find a massive scope of applications in medical fields, where they can be used in animal studies and laboratory research, as well as assessments in toxicity or efficacy of chemicals.

The common methods of synthesizing silver nanoparticles include wet chemistry which is the leading synthesis method, monosaccharide reductions which is one of the simpler methods, citrate reductions, and polyol processing. Silver nanoparticles also hold a wide range of applications in electrochemistry, electronics and semiconductors, textiles, food and beverages, optics, and cosmetics. Of these, food and beverage and healthcare hold the leading scope of applications for silver nanoparticles, a trend that is likely to continue over the coming years as well.

Silver Nanoparticles Market: Overview

Silver nanoparticles exhibit distinct electrical, thermal, and optical properties and are amongst the most widely used nanoparticles for consumer products. They find application in a wide range of products such as chemical and biological sensors and photovoltaics. For instance, silver nanoparticles are used in photonic devices and molecular diagnostics, which make use of novel optical properties of these materials. Additionally, they are extensively used in cosmetics, healthcare, chemical industries, electronics, nonlinear optical gadgets, food and feed, textiles, electronics, and electrochemical applications.

Silver Nanoparticles Market: Key Trends

The rising application scope of silver nanoparticles in healthcare and food and beverages due to its antimicrobial properties is expected to drive the global silver nanoparticles market. Silver nanoparticles improves product shelf life and prevents pathogens from infesting them.

Silver nanoparticles are the most used commercially amongst all nanoparticles and accounted for more than half of the consumption of overall nanoparticles in the recent past. The advanced catalytic and optic properties of silver nanoparticles make them highly suitable for electronic goods. Silver nanoparticles are preferred in various applications including food packaging, wound healing, and plastic bags owing to its ability to destroy bacterial cells and weaken the cell membrane.

Top beauty products companies around the world are using silver nanoparticles in their products for added offerings. For instance, Dior has introduced a nano-based product ‘Diorskin Forever’ for improved skin. The roll out of differentiator products gives a competitive edge for product manufacturers over their peers, which is leading to the increased demand for silver nanoparticles.

Strict regulations pertaining to the use of silver nanoparticles, particularly in North America and Europe is countering the growth of this market. However, research is underway to find out if silver nanoparticles have a detrimental effect on the environment.

Silver Nanoparticles Market: Market Potential

Nanoparticles are at the forefront of biological research is well established in a recent industry development. Researchers at the University of Michigan and Northwestern University have reported the design and development of the most complex crystal made from nanoparticles.

The work demonstrates that nanotechnology can bring together materials in new ways, forging new design capabilities. For instance, crystals made of nanoparticles, such as the newly developed ones, can be used to control light – this is because nanoparticles display coordinated interaction with light waves due to their similar sizes.

Silver Nanoparticles Market: Regional Outlook

North America, led by the U.S. is a major regional market for silver nanoparticles. The flourishing food and beverage industry along with regulations to adhere to food safety standards has positively impacted the growth of the regional market. Moreover, clothes sterilization is increasingly being adopted due to the increasing health safety considerations among workers.

In Europe, Germany contributes significant revenue to the regional market due to the growth of the healthcare industry. Moreover, increasing healthcare expenditures combined with regulatory compliances for safe healthcare practices is contributing to the growth of this regional market.

China and South Korea are key contributors to the growth of the Asia Pacific silver nanoparticles market. The presence of some of the top electronic goods manufacturing companies along with favorable FDI policies are the major factors supporting the industry’s growth in the region.

The Middle East and Africa is expected to exhibit significant growth in healthcare and life sciences segment.

Silver Nanoparticles Market: Competitive Landscape

Key participants in the global silver nanoparticles market include Emfutur Technologies, Nanocs, Cima Nanotech, American Elements, NanoHorizons, Nanoshel, Cline scientific, and Applied Nanotech. Some other prominent companies in the market are Bayer, Ames Goldsmith, Meliorum Technologies, and Advanced Nano products.

R&D initiatives and mergers and acquisitions for strong presence across the value chain and for strong distribution networks is among the key growth strategies.

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5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?