Silver Nanoparticles Market

PRODUCT OVERVIEW

The global silver nanoparticles market is projected to reach USD 8.6 billion by 2031, growing at a CAGR of 15.2% from 2021 to 2031.

Nano - particles are silver nanostructures with a diameter ranging from 1 to 100 nanometers. While many are categorized as "silver" because of the significant result of surface to high volume silver atoms, some contain a lot of silver oxide. The market's highlights. Silver nanoparticles (AgNPs) are employed extensively in a range of industries, include medicine, foods, health care, consumer products, and industry, due to their unique physical and chemical properties. Among them include optical, electrically, and thermal properties, along with high conductivity and biological capabilities. Silver nanoparticles (AgNPs) exhibit distinct properties than their macroscale counterparts. The development of modern generation of commercial AgNPs has emerged from advancements in the preparation, stabilization, and production of AgNPs.

The global silver nanoparticles market is projected to reach USD 8.6 billion by 2031, growing at a CAGR of 15.2% from 2021 to 2031.

By 2031, the worldwide silver nanoparticles marketplace would have risen at 15.2% compound annual growth rate (CAGR), surpassing USD 8.6 billion. Rapid growth for silver nanoparticles as anti-microbial applications, as well as increased demand from the electronics sector, are contributing to the market's expansion.

Global Silver Nanoparticles: Segments

Colloidal Silver Particles segment to grow with the highest CAGR during 2021-31

Silver Nanoparticles market is classified on the basis of shape into Spheres, Platelets Rods, Colloidal Silver Particles and Other Shapes. The colloidal silver particle is expected to expand at the quickest pace during the forecast period due to its form. In terms of revenue, it is predicted to expand at a pace of 16.5 percent over the projection period. One of the factors driving the market is a growing awareness of the nutritional benefits of silver colloidal particles. It's picking up steam in the food and pharmaceutical industries. In recent years, new avenues have opened up in the nutraceuticals industry.

Biological synthesis segment to grow with the highest CAGR during 2021-31

Silver Nanoparticles market is classified on the basis of Synthesis into Biological Synthesis, Method Using Wet Chemistry, Ion Implantation. The biological synthesis segment is predicted to increase at the quickest rate over the projection period, based on synthesis method. This can be related to a growing awareness of the damage created by chemical synthesis technologies on the environment. This has led to the development and acceptance of environmentally acceptable materials in the manufacture of silver nanoparticles, which has fueled the global market's expansion.

Market Dynamics

Drivers

Silver nanoparticles demand to stimulate the rising prevalence of chronic diseases

Wound healing, vaccine immunology improvement, bone mending, cytotoxic, and antimicrobial properties are just a few of the biological impacts that these chemicals exhibit. More study into the antiviral effect of silver nanoparticles has been inspired by the late-2019 coronavirus outbreak, revealing that these solutions may be able to prevent infection with COVID-19. Increased prevalence of the disease behavioral conditions such as obesity, cardiovascular disease, and diabetic, as well as technological advancements, would drive the healthcare industry forward, enhancing the market for silver nanoparticles. The need for healthcare services will increase as the world's old population grows.

From textiles to boost the market growth the growing demand for nonwoven fabrics

Consumers are increasingly interested in textiles that have antibacterial, antistatic, UV protection, wrinkle resistance, and water repellence properties, which will help silver nanoparticles gain traction. Significant industrialization, mainly in rising economies such as China, India, and Mexico, along with evolving technology that allows for efficient fabric production, will enhance the textile sector and expand the global demand for silver nanoparticles.

Restraint

High cost associated with the market and side effects

The creation of silver nanoparticles is affected by concentration, volume ratio, contact time, temperature, and ph. Each of them has a set of conditions associated with it. The effect of pH on the chemistry of silver nanoparticle formation is one of the most important of these aspects. Silver nanotechnology's overuse as an antibacterial is having a negative impact. According to a study conducted by the University of Pittsburgh, bacterial resistance to silver nanoparticles, but not their silver ions alone, is present not only at low concentrations but also at higher doses, implying that the overuse and misuse of silver nanotechnology as an antimicrobial is having a negative impact on humans and animals. There's a chance that silver is slipping into the cells, and that when it does, the cell modify to fast pump it out. As a result, the usage of silver nanoparticles in various sectors may be limited, which could stifle market growth.

Global Silver Nanoparticles Market:

Key Players

• MELIORUMTECHNOLOGIES, INC.
• NANOCOMPOSIX
• NANOCS INC.
• S.A. NANOGAP SUB-NM-POWDER
• NANOGRAFI CORPORATION
• NANOPURE
• NANOSHEL LLC
• NOVACENTRIX
• PEN INTERNATIONAL, INC.
• PRIME NANOTECHNOLOGY CO.,LTD.
• STREM CHEMICALS
• OTHER PROMINENT PLAYERS

Global Silver Nanoparticles: Regions

Global Silver Nanoparticles market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. In terms of both volume and revenue, Asia-Pacific is predicted to be the fastest-growing market. This is due to causes such as the growth of the health-care, electronics, and pharmaceutical industries in developing countries like India and China.

Impact of Covid-19 on Silver Nanoparticles Market

The COVID-19 outbreak has had an impact on the market as well as production in supply regions. In the early months of 2020, the outbreak of COVID-19 in China disrupted a number of industries, including electronics, textiles, and others, causing a drop in market for silver nanoparticles. The COVID-19 situation has had a significant influence on the chemical industry supply chain, which has had a significant impact on raw material acquisition. The market for silver nanoparticles has been impacted by the problems raised above.  

Global Silver Nanoparticle market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
•  Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Global Silver Nanoparticle market report also contains analysis on:

Silver Nanoparticle market Segments:

• By Synthesis
  • Biological Synthesis
  • Method Using Wet Chemistry
  • Ion Implantation
• By Shape type
  • Spheres
  • Platelets Rods
  • Colloidal Silver Particles
  • Other Shapes
• By Application
  • Electrical and electronic components
  • Life sciences and healthcare
  • Food and drink
  • Textiles
  • Other
• Silver Nanoparticle Dynamics
• Silver Nanoparticle Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Silver Nanoparticles Market Report Scope and Segmentation

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