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Metal Nanoparticle Market Size, Share, Trend, Growth, Forecast 2022-2028

A recent study conducted by the strategic consulting and market research firm; BlueWeave Consulting revealed that the global metal nanoparticle market was worth USD 16,462.5 million in 2021. The market is further anticipated to reach USD 30,953.6 million in 2028 at a significant CAGR of 10.2% during the forecast period, i.e., 2022-2028.

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Metal Nanoparticle Market Size, Share, Trend, Growth, Forecast 2022-2028

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  1. Metal Nanoparticle Market- Global Industry Size, Share, Trend, Growth, Opportunity and Forecast, 2022-2028

  2. Global Automotive Turbocharger Market- Industry Trends & Forecast Report 2028 A recent study conducted by the strategic consulting and market research firm; BlueWeave Consulting revealed that the global metal nanoparticle market was worth USD 16,462.5 million in 2021. The market is further anticipated to reach USD 30,953.6 million in 2028 at a significant CAGR of 10.2% during the forecast period, i.e., 2022-2028. The growing demand for gold nanoparticles in the pharmaceutical & healthcare industry, along with the expanding application areas for metal nanoparticles, are expected to drive the global metal nanoparticles market. Besides, the speedy growth of the healthcare sector is another factor driving the demand of the global metal nanoparticles market.

  3. Growth Drivers  Rising Application in the Food & Beverages Industry The food & beverages industry is one of the largest industries in the world. According to FoodDrinkEurope, a food industry confederation in the EU, the food and beverage industry in the EU is worth USD 1.36 trillion. Technological advancements in technology has created several applications for metal nanoparticles in the food & beverages industry. One such application is in food processing. Nanostructured food ingredients with metal nanoparticles are being developed by companies claiming to improve the taste, texture, and consistency of food. Metal nanoparticles are also used to produce nanoemulsions in the beverages industries, and these nanoemulsions can be found in various soft drinks, fortified waters, juices, or dairy products. 

  4. Restraints  Highly Expensive Nature of Metal Nanoparticles The high cost of metal nanoparticles is one of the major challenges to the growth of the global metal nanoparticles market. Currently, the price of 1 gram of gold nanoparticles with particle diameter 50-100nm is $378, while 1 gram of pure gold costs around USD 62.14. Similarly, the cost of 10 grams of zinc oxide nanoparticles is USD 29.00, while the cost of 1 kilogram of zinc oxide costs around $2.5. Therefore, low prices may discourage small-scale buyers from purchasing metal nanoparticles, which is hampering the growth of the global metal nanoparticles market.

  5. Impact of COVID-19 The pandemic led to nationwide lockdowns worldwide, starting with European countries. The lockdown created disruptions across the entire supply chain, and companies operating in the metal nanoparticles market were affected severely. Difficulties in raw material procurement due to closed borders & lockdown, cash-flow constraints, shortage of labor, and reduced demand were some of the major issues faced by the metal nanoparticle companies in 2020. Various companies explored the potential of using metallic nanoparticles in the hope of finding a cure for the COVID-19. For instance, Cicada, a UK-based subsidiary of automotive industry specialist Duracare, introduced a long-term antimicrobial solution in December 2020 to eliminate coronaviruses from surfaces. 

  6. Regional Insights North America, Europe, the Asia-Pacific, Latin America, and the Middle East & Africa make up the global metal nanoparticle market. Among these regions, North America dominates the global metal nanoparticles market with the highest market share in 2021. The presence of leading players, along with growing EV sales, investment in renewables, and high investment in R&D of pharmaceutical products is driving the growth of the market in North America region. On the other hand, the Asia Pacific is anticipated to have the highest revenue share in the global metal nanoparticles market during the forecast period (2022-2028), owing to the flourishing end-user segments, such as electronics & semiconductor, and healthcare industries in nations in the region.

  7. Competitive Landscape The global metal nanoparticles market is highly fragmented, with many small players engaging in offering metal nanoparticles products around the world. As a result of this fragmentation, there is increasing potential for new entrants into the market, which has reduced the share of major players across the globe. The major global players in the market are American Elements, B.B.I. Group, Eprui Biotech Co. Ltd., Meliorum Technologies Inc., NanoComposix, Nanocs Inc., Nanoshel LLC, Nanostructured & Amorphous Materials Inc., Strem Chemicals Inc., Tanaka Holdings Co. Ltd., U.S. Research Nanomaterials Inc., BlackTrace Holdings Ltd., Nanophase Technologies Corporation, Cytodiagnostics Inc., Sigma Aldrich, Hongwu International Group Ltd., BASF SE, Cerion LLC, Ames Goldsmith Corporation, Advanced Nano Products Co Ltd., Plasmachem GmbH, and other prominent players.

  8. Recent Development • A paper published in ChemSusChem in October 2021, revealed that the researchers at the Swiss Federal Institute of Technology (ETH) Zurich, Switzerland, have developed a carbon-supported platinum nanoparticle catalyst that can achieve complete hydrocracking of polypropylene into liquid hydrocarbons. The selectivity of the catalyst towards motor oil can be increased to 80% with tuning. • Sample Copy: https://www.blueweaveconsulting.com/report/metal-nanoparticle-market/report-sample

  9. Key Players American Elements, B.B.I. Group, Eprui Biotech Co. Ltd., Meliorum Technologies Inc., NanoComposix, Nanocs Inc., Nanoshel LLC, Nanostructured & Amorphous Materials Inc., Strem Chemicals Inc., Tanaka Holdings Co. Ltd., U.S. Research Nanomaterials Inc., BlackTrace Holdings Ltd., Nanophase Technologies Corporation, Cytodiagnostics Inc., Sigma Aldrich, Hongwu International Group Ltd., BASF SE, Cerion LLC, Ames Goldsmith Corporation, Advanced Nano Products Co Ltd., Plasmachem GmbH, and other prominent players

  10. About Us: Blueweave Consulting offers a one-stop solution for your market intelligence needs for any service or product. You get well-researched comprehensive reports based on qualitative and quantitative data to put your business plan into action. Your well-informed and timely decisions using our reports avert situations of excessive risks and help you grow your business with optimum risk-return trade-off. Delivering quality insights into several product or service markets within the timeline as per the needs of the clients has earned BWC an excellent reputation among clients. BWC strives to provide timely and accurate digital market intelligence services for making your business endeavors successful.

  11. Contact Us:  +1 866 658 6826 +1 425 320 4776 +44 1865 60 0662  info(@)blueweaveconsulting.com  www.blueweaveconsulting.com

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