Albany, NY -- (SBWIRE) -- 08/30/2017 -- Silver nanoparticles (AgNPs) or nanosilver refer to the particles of silver ranging between 1nm-100nm in size. They can be of a variety of shapes such as octagonal, diamond, spherical, and thin sheets, depending upon the application. However, spherical silver nanoparticles are most commonly used. The advent of nanotechnology has also given rise to nanoparticles that have thermal and chemical stability. The global silver nanoparticles market is driven by factors such as increasing production of applications necessitating miniature electronic systems, antimicrobial properties of nanosilver, and increasing focus on food packaging. However, the global market has its share of challenges such as high costs in comparison with steel, fluctuating silver prices, issues related to toxicity, and regulatory guidelines restricting the market growth.
The global silver nanoparticles market to grow at a CAGR of 15.79% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global silver nanoparticles market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Technavio's report, Global Silver Nanoparticles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Cima NanoTech,
- Cline Scientific,
- EMFUTUR,
- Meliorum,
- NanoHorizons
Other prominent vendors
- American Elements
- Advanced Nano Products
- Ames Goldsmith
- Applied Nanotech
- Bayer MaterialScience
- Nanoshel
- NovaCentrix
Market driver
- Increasing number of applications necessitating miniature electronic systems
- For a full, detailed list, view our report
Market challenge
- High costs in comparison with silver
- For a full, detailed list, view our report
Market trend
- Increasing use of silver nanowire-based transparent conductors
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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