Press release
Metal & Metal Oxide Nanoparticles Market: Gold Nanoparticles Continue to Shine in Terms of Value Owing to Significant Market Demand
Global sales of metal & metal oxide nanoparticles was estimated to be pegged at over 4,000 tonnes in 2016. In terms of volume, the global metal & metal oxide nanoparticles market is projected to reach more than 10,000 tonnes by the end of 2026. In terms of value, the global metal nanoparticles market was estimated to reach nearly US$ 14,000 Mn by 2016 end and is anticipated to increase to nearly US$ 51,000 Mn by 2026 end, exhibiting a CAGR of 13.9% over the forecast period. Western Europe is expected to exhibit promising growth in the global metal nanoparticles market, registering a CAGR of 14.2% over the forecast period. Driven by sales growth of metal nanoparticles across various end-use applications, the Western Europe market is expected to witness a sustainable growth rate in the coming years. In Asia Pacific, India and China are likely to provide substantial opportunities in the global metal & metal oxide nanoparticles market over the forecast period.
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Product innovation is driving revenue growth of the global metal & metal oxide nanoparticles market
Growing applications of metal and metal oxide nanoparticles and macroeconomic growth of the end use industries are some of the factors driving the growth of the global metal & metal oxide nanoparticles market. Moreover, strategic collaboration of manufacturers with end users is anticipated to boost the demand for metal & metal oxide nanoparticles over the coming years. However, factors such as growing toxicity of metal nanoparticles in various end-use industries can limit the growth of the overall market. Continuous consolidation of customer baseleading to intensified pricing pressures on metal & metal oxide nanoparticles manufacturers is further anticipated to challenge the global metal & metal oxide nanoparticles market growth.
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Performance analysis of the product type segment
On the basis of product type, the global metal & metal oxide nanoparticles market is segmented into metal nanoparticles and metal oxide nanoparticles. Gold nanoparticles segment is projected to account for a major value share of the global metal nanoparticles market through 2026. Growth of the titanium oxide nanoparticles segment is estimated to remain high over the forecast period. In 2015, titanium oxide and zinc oxide created significant growth opportunities in the metal oxide nanoparticles segment, accounting for nearly half the market share within the overall sales revenue of the metal oxide nanoparticles segment. The metal nanoparticles segment is anticipated to register a CAGR of 13.9% over the forecast period to reach a market value of nearly US$ 51,000 Mn by the end of 2026. The demand for metal & metal oxide nanoparticles is expected to remain high across various regions. Titanium oxide nanoparticles segment, exhibiting a CAGR of 12.1%, is expected to represent 15.3% revenue share in the overall metal oxide nanoparticles market by 2026 end.
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Market analysis of some of the metal and metal oxide nanoparticles
Platinum nanoparticles: Registering a CAGR of 13.6% over the forecast period, the segment is anticipated to reach a value more than US$ 8,000 Mn by 2026 end.
Copper nanoparticles: The segment is expected to reach a market value of nearly US$ 800 Mn by 2026 end.
Zinc oxide nanoparticles: The segment is estimated to register a CAGR of 11.0% between 2016 and 2026.
Tungsten oxide nanoparticles: Tungsten oxide nanoparticles segment is projected to create an incremental $ opportunity of nearly US$ 125 Mn during the forecast period. Analyst Viewpoint
Introduction of new fluorescent copper nanoparticles to boost the market for metal and metal oxide nanoparticles
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The introduction of the very new fluorescent copper nanoparticles (F-CuNP) has received great attention owing to their over attractive features such as water solubility, good biocompatibility and ease of functionality. Moreover, considerable efforts are being made for the application and preparation of these fluorescent copper nanoparticles (F-CuNP). F-CuNP are widely being used in various industries and have growing applications in the textile industry owing to their enriching fluorescence properties. That apart, the growing applications of fluorescent copper nanoparticles (F-CuNP) are in the sensing of metal ions such as Pb2+, Hg2+, Fe3+, Cu2+,etc. This is supporting the growth of the overall copper nanoparticles market.
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