This report on global silver nanoparticles market expects the demand to surge in near future due to its rising application scope in healthcare and food and beverage industry because of its antimicrobial properties, which helps in improving product shelf life and prevents it from pathogens.
Albany, NY -- (SBWIRE) -- 02/06/2017 -- Global Silver Nanoparticles Market: Inclusive Insight
Silver nanoparticles are among the most common commercialized nanoparticles, which account for more than half of the global nanomaterial consumer products. Optic and processing advanced catalytic features makes them ideally suitable for electronic products and hence, silver nanoparticles have grown into an essential material in various applications such as food packaging, wound healing, weakening the cell membrane, and plastic bags owing to its ability to damage bacteria cells.
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This report on global silver nanoparticles market expects the demand to surge in near future due to its rising application scope in healthcare and food and beverage industry because of its antimicrobial properties, which helps in improving product shelf life and prevents it from pathogens. The report segments the market by application into electronics and electrical, healthcare, food and beverages, and textiles. One of the key feature of the report is the section on company profiles wherein several major players have been analyzed for their product portfolio, market share, and development strategies.
Global Silver Nanoparticles Market: Trends and Prospects
Miniaturization of devices, antimicrobial applications of silver, rising demand from developing countries and the growing awareness for eco-friendly products are the primary driver of the global market for silver nanoparticles. The report observes that the increasing application of silver nanoparticles in transparent conductors, which are now frequently used in LED, OLED, touch screens, and other lighting devices. The scope of silver nanoparticles in children’s toys, which helps in reducing the spread of diseases by minimizing surface antimicrobial activities, is another factors noted by the report that will favor the future prospects. Emergence of nanofinished textiles for odor control and curtail growth of bacteria that cause infection along with stringent regulatory framework across several developed and emerging economies will further boost the growth rate. However, high cost of nanoparticles, fluctuating silver prices, and its toxic effects are noted as the factors that will hinder the growth rate to a certain extend during the forecast period.
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Global Silver Nanoparticles Market: Geographical Outlook
Based on region, the report segments the global nanoparticles market into North America, Europe, Asia Pacific, and rest of the world. Currently, North America contributes the maximum demand, owing to factors such as increasing food safety standard, and growing popularity of clothes sterilization due to rising health safety concerns among the workers. Europe is the second most lucrative region because of high consumer spending on medical services along with regulatory compliance. However, Asia Pacific too is expected to extend the demand at a healthy rate during the forecast period, which is a reflection of manufacturing hubs set up by several leading players in this region. China and South Korea silver nanoparticles market share are key contributing countries in Asia Pacific.
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Global Silver Nanoparticles Market: Key Players
Emfutur Technologies, Nanocs, NanoHorizons, Nanoshel, Cline Scientific, Cima Nanotech, American Elements, and Applied Nanotech are identified by the report as some of the leading industry participants. Research and development investments and mergers & acquisitions across the value chain is expected to build strong distribution channel by these players in the global silver nanoparticles market. Other notable companies include Bayer, Meliorum Technologies, Ames Goldsmith, and Advanced Nano products.
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