Nanosilver Composites Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Albany, NY -- (SBWIRE) -- 04/09/2018 -- Nanosilver is the suspended form of deionized silver wherein most of the silver is in a metallic silver nano-particle form and the remaining is in the ionized form. Nanosilver is a minute version of silver and measures between approximately 1 nanometer and 100 nanometers. When viewed under a microscope it is seen as the size of about six atoms lined together. Silver is the most preferred component used in nanotechnology owing to its antibiotic and antimicrobial properties.
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The main functions of nanosilver include its use in numerous consumer products. It is also used in a variety of electrical appliances, which include refrigerators and washing machines, which are lined with silver. Nanosilver is also used in household products including detergents, shampoos, facemasks and other hair care products. Hair care products have been induced with iconic silver, which gives the hair a smoother and a silkier feel as opposed to the frizz and dryness. Baby products especially toys and pacifiers gain from the various antibacterial properties of silver.
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Some of the main drivers for the nanosilver composites market are its antibacterial and antimicrobial properties. Due to the global rise in medical and pharmaceutical industries the rise of Nanosilver composites are expected to increase over the next few years. Since nanosilver is an emerging and successful technology, various companies are willing to make huge investments in nanosilver market.
Owing to its use in the medical industry, scientific applications, consumer goods nanosilver is expected to witness high growth over the next few years. The high cost of nanosilver may be a major restraint for the nanosilver market.