Research from Future Market Insights indicates that the metal and metal oxide nanoparticles industry is poised to reach USD 89,894.6 million by the conclusion of the assessment period. The increasing demand for metal nanomaterials, which enhance properties such as applicability and tensile strength across several key industries, is expected to drive market growth.
The adoption of nanotechnology in diverse sectors like medicine, coatings, chemicals, transportation, cosmetics, and electronics has significantly influenced the market for metal and metal oxide nanoparticles. This trend is fueling optimistic growth prospects for the market.
Furthermore, the entrance of new market participants is contributing to affordability and bolstering supply, which is further stimulating market expansion.
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Growth in the investments in product innovations, self-cleaning and self-healing products, are key notable trends in the market. Growth in technological development in the healthcare sector including gene therapy, cancer treatment, drug delivery, etc. boosting the demand for metal nanoparticles in the biomedical industry.
Nanoparticles recognize proteins on the target surface, assisting in target identification and validation. Through, assay reliability, and miniaturization, nanoparticles improve medication delivery. There are several applications for Nano particulate delivery systems, including radiation, AIDS, cancer, and gene therapy. They can also be employed as vesicles to breach the blood-brain barrier and carry proteins, medicines, and vaccines propelling market growth in the medical sector.
“Commercialization of nanoparticles in various end-use sectors are expected over the forecast period with the market of metal and metal oxide nanoparticles to gain traction with a growth projection of 11.6% CAGR during the same period,” – said an analyst at FMI.
Key Takeaways from Metal and metal oxide nanoparticles Market Study
- Demand for metal and metal oxide nanoparticles to witness a growth outlook of around 6% over the coming assessment period.
- Silver, gold, and titanium to remain key metal nanoparticles accounting for around 30% of the volume consumption.
- Personal Care & Cosmetics to remain a key end-use segment and the industry is expected to consume metal and metal oxide nanoparticles at a rate of 3% over the forecast period.
- With significant industrial growth in the South Asia Pacific region, demand outlook to witness a higher year-over-year growth resulting in expected 30 bps points rise by the end of the forecast period.
- Cancer cell treatment, gene therapy, drug delivery, thermal ablation, etc. to key emerging applications.
Competitive Landscape
The market of metal and metal oxide nanoparticles is estimated to be highly fragmented, with a significant presence of manufacturers and a continuous rise in the number of market participants in the global market. Some of the top manufacturers included in the research study are U.S. Research & Nanomaterials Inc., Nanoshel LLC, Meliorum Technologies Ltd., Nanostructured & Amorphous Materials, Inc., Nanophase Technologies, Showa Denko KK, NanoComposix Inc., Shanghai Huzheng Nanotechnology Co., Ltd. and among others are the some of the manufacturers of metal and metal oxide nanoparticles profiled in the full version of the report.
Key market participants are focusing on increasing the installed capacity to cater to the growing demand from the key end users. Manufacturers are enhancing the budget for research and product innovations to bolster their market presence by catering to specific application needs. Market participants are also focusing on commercial-scale production to enhance their global reach in various application segments.
For instance, in September 2021, a nano-gold serum has been created by the recently established India-based cosmeceutical company Nano Au Veda to provide customers with a premium beauty experience.
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More Insights into the Metal and metal oxide nanoparticles Market Report
In its latest report, Future Market Insights offers an unbiased analysis of the global metal and metal oxide nanoparticles market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on type, end-use, and region.
Metal & Metal Oxide Nanoparticles Market Segmentation
By Type:
- Metal Nanoparticle
- Metal Oxide Nanoparticles
By End-use:
- Chemicals & Coatings
- Pharma & Healthcare
- Transportation
- Personal Care & Cosmetics
- Electrical & Electronics
- Defense
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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