Market Research Report
Silver Nanoparticles Market by Synthesis Method, Shape, and Application : Global Opportunity Analysis and Industry Forecast 2020-2027
|Silver Nanoparticles Market by Synthesis Method, Shape, and Application : Global Opportunity Analysis and Industry Forecast 2020-2027|
Published: October 22, 2020
Allied Market Research
Content info: 509 Pages
Delivery time: 2-3 business days
Silver Nanoparticles Market by Synthesis Method (Wet Chemistry, Ion Implantation, and Biological Synthesis), Shape (Spheres, Platelets, Rods, Colloidal Silver Particles, and Others), and Application (Healthcare & Life Science, Textile, Electronics & IT, Food & Beverages, Pharmaceuticals, Cosmetics, Water Treatment, and Others): Global Opportunity Analysis and Industry Forecast 2020-2027.
The global silver nanoparticles market was valued at $1.8 million in 2019, and is projected to reach $4.1 million by 2027, growing at a CAGR of 15.7% from 2020 to 2027.
Silver nanoparticles sizes range from 1 to 100 nm. It has distinctive thermal, electrical, optical characteristics, and is being integrated into products that range from chemical and biological sensors to photovoltaics. Some of the additional applications are molecular photonic and diagnostics devices, which take advantage of the unique optical properties of these nanomaterials. General applications of silver nanoparticles are antimicrobial coatings, textiles, wound dressings, biomedical devices, and others. silver nanoparticles continuously release a low level of silver ions to offer protection against bacteria. Because of their small size, these nanoparticles invade microorganisms and kill them.
Factors contributing toward the growth of the market are silver nanoparticles antimicrobial efficacy against bacteria, viruses, and others, extensive application areas in healthcare and electrical & electronics industries. However, factors challenging the market growth are strict acts or regulations on nanoparticle use in food packaging. On the contrary, rise in R&D activity for increasing its consumer or application base is expected to provide lucrative opportunities to the market during the forecast period.
The report segments the silver nanoparticles market based on synthesis method, shape, application, and region. On the basis of synthesis, it is divided into wet chemistry, ion implantation, and biological synthesis. On the basis of shape, it is segmented into sphere, platelet, rods, colloidal silver particles, and others. According to application, it is categorized into healthcare and life sciences, textiles, electronics and IT, food &beverages, pharmaceuticals, cosmetics, water treatment, and others. Regional breakdown and deep analysis of each of the aforementioned segments is included for North America, Europe, Asia-Pacific, and LAMEA.