The global nanosilver market was valued at USD 682.0 million in 2013 and is anticipated to reach USD 1,845.6 million by 2020, expanding at a CAGR of 15.4% between 2014 and 2020.
Albany, NY -- (SBWIRE) -- 04/10/2015 -- Increasing demand for nanosilver in consumer electronic products coupled with rising antimicrobial applications in medical and pharmaceutical industries is expected to drive the global nanosilver market between 2014 and 2020. Nanosilver is known for its small particle size, excellent conductivity, and thermal and antimicrobial properties. Hence, it is used in a variety of applications such as washing machines, water purifier, air purifier, hair dryer, socks, bedding, medical devices, drugs and food packaging. High cost of product over conventional silver and significant investment required in production technology are the major restraints of the market. However, niche applications in medical, pharmaceuticals, food & beverage and solar energy are likely to offer immense opportunities in the market in the near future.
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This report provides a detailed view of the global nanosilver market by considering 2013 as the base year. It offers forecast of the global nanosilver market from 2014 to 2020. The report includes in-depth analysis of the global nanosilver market in terms of volume (Tons) and revenue (USD Million) from 2013 to 2020. It also comprises several tables and graphs that provide a detailed explanation of various facts and findings of the global nanosilver market. Various authenticated sources have been used to refine and provide a detailed and accurate research on the nanosilver market. Interviews with key industry leaders were conducted along with secondary research during the course of the study. Various governmental regulations and their effect on the nanosilver market were studied in detail. Secondary sources studied for the report include the Silver Institute, Silver Magazine, Australasian Science, and Asia Scientist.
The report also provides key drivers and restraining factors, and their impact on the global nanosilver market during the forecast period. It highlights new avenues for key industry participants in the nanosilver market. The report also includes value chain analysis, which provides information by studying various components of the nanosilver market. Value chain analysis offers the degree of integration exhibited by leading companies operating in the market. Major raw material manufacturers and suppliers are identified using this tool. Major supply agreements signed among companies are also mentioned in detail in the report. Value chain analysis provides information of the distribution channel employed by major players in the market.
The report uses analytical tools such as Porter's five forces model to provide a detailed view of the competition in the overall nanosilver market. Porter's five forces model helps provide in-depth analysis of the impact of buyers, new entrants, suppliers, substitutes and degree of competition in the global nanosilver market. The report also offers market attractiveness analysis of different end-use industries to understand the potential of nanosilver in the near future.
Based on end-use industries, the study segments the market into electrical & electronics, healthcare, food & beverages, textiles, water treatment and others. Each end-use industry is further studied as per the regional demand from 2013 to 2020 in terms of volume and revenue. The report includes analysis of major geographical regions: North America, Europe, Asia Pacific and Rest of the World.
Browse the full Nanosilver Market Press Release at
The study also includes profiles of major industry participants such as Nano Silver Manufacturing Sdn Bhd, NovaCentrix, Advanced Nano Products Co. Ltd., Ames Goldsmith Corporation, Creative Technology Solutions Co. Ltd., Applied Nanotech Holdings, Inc., NanoMas Technologies, Inc., ras materials - Zukunft clever gestalten, SILVIX Co., Ltd. and Bayer MaterialScience AG. Company profiles comprise company overview, financial overview, business strategies and recent developments. These can help companies formulate appropriate strategies to achieve competitive advantage and expand their market share.
This report segments the global nanosilver market as follows:
Nanosilver Market - End-use Industries Analysis
Electrical & electronics
Food & beverages
Others (Including pesticides, plastics, detergents, etc.)
Nanosilver Market - Regional Analysis
Rest of the World
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