The global silver nanoparticles market size is estimated to reach USD 4.53 billion in 2030 and is projected to grow at a CAGR of 7.5% from 2024 to 2030. Rising demand for antimicrobial materials in healthcare applications is expected to drive the market over the forecast period. The development of high-end electronics coupled with the growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.
Silver Nanoparticles Market Report Highlights
- Increasing application scope of silver nanoparticles in transparent conductors, which are widely used in touch screens, LED & OLED display and lighting coupled with the growing demand for high-end gadgets is expected to drive market growth
- Rising awareness regarding prevention of hospital-acquired diseases is expected to play an important role in promoting the use of silver nanoparticles in medical devices & equipment and textiles
- Increasing application scope of silver nanoparticles in children’s toys, in order to reduce the spread of diseases by minimizing surface antimicrobial activities, is expected to open new opportunities for market growth over the forecast period
- The emergence of nano-finished textiles for odor control and curb growth of infection-causing bacteria is expected to propel market demand
- The presence of a stringent regulatory framework, particularly in North America and Europe, is anticipated to hamper the silver nanoparticles market. Furthermore, numerous studies have been undertaken to ascertain the harmful effects of nanosilver to the environment, which is further anticipated to restrain the market growth
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Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population, and rise in disposable income is expected to augment the market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.
List of major companies in the Silver Nanoparticles Market
- American Elements
- Applied Nanotech, Inc.
- Cline Scientific AB
- EMFUTUR technologies
- Meliorum Technologies, Inc.
- Nanocs Inc.
- Nanoshel LLC
- NanoHorizons Inc.
- ANP CORPORATION
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We have segmented the global silver nanoparticles market report based on application and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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