Global Silver Nanoparticles Market is expected to reach USD 2.45 billion by 2022, according to a new study by Grand View Research, Inc. Rising demand for antimicrobial materials in healthcare applications is expected to drive silver nanoparticles market over the forecast period. Development of high-end electronics coupled with growing demand for gadgets is expected to promote silver nanoparticle market growth over the next seven years.
Healthcare was the largest application segment, accounting for over 30% of global silver nanoparticles market revenue in 2014. Growth of the healthcare market on account of growing consumer awareness regarding general well-being, increasing geriatric population and rise in disposable income is expected to augment silver nanoparticles market. Increasing demand for antimicrobial textiles on account of rising consumer awareness regarding hygiene is anticipated to stimulate market growth.
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/silver-nanoparticles-market
Further key findings from the study suggest:
·
Increasing application scope of silver
nanoparticles in transparent conductors, which are widely used in touch screens,
LED & OLED display and lighting coupled with growing demand for high-end
gadgets is expected to drive market growth
·
North America dominated the global silver
nanoparticles market in 2014 accounting for over 35% of the market in terms of
volume and the trend is anticipated to continue over the forecast period.
Rising awareness regarding prevention of hospital acquired diseases is expected
to play an important role in promoting silver nanoparticles use in medical
devices & equipment and textiles
·
Increasing application scope of silver
nanoparticles in children’s toys in order to reduce spread of diseases by
minimizing surface antimicrobial activities is expected to open new
opportunities for market growth over the forecast period
·
Emergence of nanofinished textiles for odor
control and curb growth of infection causing bacteria is expected to propel
silver nanoparticles market demand
·
Presence of stringent regulatory framework,
particularly in North America and Europe, is anticipated to hamper silver
nanoparticles market. Furthermore, numerous studies have been undertaken to
ascertain harmful effects of nanosilver to the environment, which is further
anticipated to restrain market growth.
·
Key players present in the global silver
nanoparticle market include Emfutur Technologies, Meliorum Technologies Inc,
Nanoshel, NanoHorizons and Cline Scientific AB. The market is characterized by
companies developing proprietary manufacturing technologies. For instance, Cima
Nanotech developed SANTE (Self Assembling Nanotech Technology), an innovative
self-assembling coating material.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/nanoparticles
Global Silver Nanoparticles Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2022)
·
Electronics & electrical
·
Healthcare
·
Food & beverages
·
Textiles
·
Others
Global Silver Nanoparticles Regional Outlook (Volume, Tons; Revenue,
USD Million, 2012 - 2022)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Latin America
·
Asia Pacific
o
China
o
South Korea
·
MEA
For press release of this report - http://www.grandviewresearch.com/press-release/global-silver-nanoparticles-market
About Grand View
Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
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