The Silver Nanoparticles Market was estimated at $2.1 billion in 2021 and is expected to reach $7.2 billion by 2030, rising at a 16.3% CAGR from 2023 to 2030.
Rising product demand from various industries including electronics, appliances, textiles, and medical is driving the market. Furthermore, increasing the application scope of silver nanoparticles in chemicals, catalysts, silver conductive inks, and optical electronics is predicted to fuel the market growth.
These particles are used as an ingredient for air purifiers, water purifiers, and inks that are utilized in inkjet applications. Rising demand for radio frequency identification (RFI) devices in developed and developing regions due to the growth of the electronics industry is predicted to fuel the market growth over the projected period.
Increasing R&D activities, including technological advancements to develop “improved” nanoparticles, is predicted to fuel market growth over the forecast period. However, regulatory agencies such as the Environmental Protection Agency (EPA) and therefore the European Commission have restricted the commercialization of silver nanoparticles, which is probably going to hamper silver nanoparticles market growth over the forecast period.
Covid-19 Impact on Silver Nanoparticles Market:
The ongoing COVID-19 pandemic condition has severely affected every sector around the world. Whereas, the chemicals and materials sectors moderately affected during the pandemic. This is primarily due to uncut demand of chemicals for healthcare, life science and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing diminution in demand. Strict lockdown resulted in nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end use industries directly affected the chemical demand all around the world.
Silver Nanoparticles Market Segment Overview
The increasing application scope of silver nanoparticles in transparent conductors, which are widely utilized in touch screens, LED & OLED display, and lighting including the growing demand for high-end gadgets is predicted to drive market growth.
These nanoparticles also are utilized in the textile and fabric industry due to increasing application scope in sportswear, automobile textiles, military clothing, and military textiles. This is often expected to supply new opportunities for the industry. Additionally, increasing applications within the healthcare and food and beverages industries is projected to support the industry growth.
Market Analysis, Insights and Forecast – By Synthesis Method
· Wet Industry
· Ion Implantation
· Biological Synthesis Method
· Others
Market Analysis, Insights and Forecast – By Shape
· Spheres
· Plates
· Rod
· Colloidal Silver Particles
· Others
Market Analysis, Insights and Forecast – By Application
· Electronics & Electrical
· Healthcare
· Food & Beverages
· Textiles
· Others
Silver Nanoparticles Market Regional Overview
Region-wise, in terms of regions, North America accounted for the most important market share in forecast time, due to new product developments and a growing preference for advanced electronic devices within the region. Rising investments in R&D by key regional players to enhance product quality and optimize the value are anticipated to fuel industry growth.
The product demand within the U.S. is majorly driven by healthcare and textile applications due to increasing consumer spending on lifestyle improvements. Moreover, enhancements within the country’s military operations have led to a rise within the production of military clothing, thus positively influencing the market growth.
Asia Pacific is anticipated on account of technological advancements, including increasing income of consumers. Increasing applications within the healthcare and electronics and electrical sector within the region are anticipated to drive the merchandise demand within the forecast period.
Europe is anticipated to rising product demand in food and beverage applications. Furthermore, the increasing manufacturing of electronics and electrical devices due to favourable regulations and penetration of international manufacturers within the region are supporting the expansion of this industry.
Silver Nanoparticles Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Silver Nanoparticles Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Silver Nanoparticles are highlighted below.
· The coronavirus outbreak in late 2019 resulted within the growing research on the antiviral effect of silver nanoparticles, indicating that these products have the power to inhibit the COVID-19 infection.
Silver Nanoparticles Market, Key Players
· Ames Goldsmith Corporation
· Meliorum Technologies, Inc.
· Applied Nanotech
· American Elements
· ANP Corporation
· BBI Solutions
· BASF
· Cima NanoTech
· Cline Scientific Ab
· NanoComposix.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Silver Nanoparticles Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Synthesis Method
- 5.2.1. Wet Industry
- 5.2.2. Ion Implantation
- 5.2.3. Biological Synthesis Method
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By Shape
- 5.3.1. Spheres
- 5.3.2. Plates
- 5.3.3. Rod
- 5.3.4. Colloidal Silver Particles
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Electronics & Electrical
- 5.4.2. Healthcare
- 5.4.3. Food & Beverages
- 5.4.4. Textiles
- 5.4.5. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Silver Nanoparticles Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Synthesis Method
- 6.2.1. Wet Industry
- 6.2.2. Ion Implantation
- 6.2.3. Biological Synthesis Method
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By Shape
- 6.3.1. Spheres
- 6.3.2. Plates
- 6.3.3. Rod
- 6.3.4. Colloidal Silver Particles
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. New Ships
- 6.4.2. Repair Work
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Silver Nanoparticles Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Synthesis Method
- 7.2.1. Wet Industry
- 7.2.2. Ion Implantation
- 7.2.3. Biological Synthesis Method
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By Shape
- 7.3.1. Spheres
- 7.3.2. Plates
- 7.3.3. Rod
- 7.3.4. Colloidal Silver Particles
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Electronics & Electrical
- 7.4.2. Healthcare
- 7.4.3. Food & Beverages
- 7.4.4. Textiles
- 7.4.5. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Silver Nanoparticles Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Synthesis Method
- 8.2.1. Wet Industry
- 8.2.2. Ion Implantation
- 8.2.3. Biological Synthesis Method
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By Shape
- 8.3.1. Spheres
- 8.3.2. Plates
- 8.3.3. Rod
- 8.3.4. Colloidal Silver Particles
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Electronics & Electrical
- 8.4.2. Healthcare
- 8.4.3. Food & Beverages
- 8.4.4. Textiles
- 8.4.5. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Silver Nanoparticles Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Synthesis Method
- 9.2.1. Wet Industry
- 9.2.2. Ion Implantation
- 9.2.3. Biological Synthesis Method
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By Shape
- 9.3.1. Spheres
- 9.3.2. Plates
- 9.3.3. Rod
- 9.3.4. Colloidal Silver Particles
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Electronics & Electrical
- 9.4.2. Healthcare
- 9.4.3. Food & Beverages
- 9.4.4. Textiles
- 9.4.5. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Ames Goldsmith Corporation
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Meliorum Technologies, Inc.
- 10.6. Applied Nanotech
- 10.7. American Elements
- 10.8. ANP Corporation
- 10.9. BBI Solutions
- 10.10. BASF
- 10.11. Cima NanoTech
- 10.12. Cline Scientific Ab
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
