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Market research analysts at Technavio predict that the global silver nanoparticles market will grow steadily at a CAGR of close to 16% by 2021. The use of silver nanoparticles lowers the count of bacteria by controlling the rate of their spread and is used to disinfect aprons, curtains, healing wound bandages, and clean other appliances. Additionally, they also demonstrate promising results in water treatment and help in facilitating the supply of clean and safe potable water. According to this market research and analysis, the antimicrobial properties of silver nanoparticles that result in their usage in several applications will be a major factor driving the growth of the silver nanoparticles market during the next few years.
The increased application of silver nanoparticles in dentistry is one of the latest trends that will gain traction in the silver nanoparticles market in the coming years. The oral preventive programs have met with little success due to the mushrooming growth of antibiotic resistant bacteria coupled with the side effects owing to poor patient compliance. This will induce the usage of silver nanoparticles in dentistry due to their antimicrobial properties, which will subsequently fuel market growth.
The silver nanoparticles market is competitive due to the presence of several global and regional players. Vendors in the market are increasingly focusing on innovative methods for manufacturing silver nanoparticles and are concentrating on developing the manufacturing process. To gain a competitive edge, it is also crucial for the vendors to distinguish their products through a unique and clear value proposition.
The leading vendors in the market are -
The other prominent vendors in the market include American Elements, Advanced Nano Products, Ames Goldsmith, Applied Nanotech, Bayer MaterialScience, Nanoshel, and NovaCentrix.
During 2016, the healthcare and life sciences segment accounted for the major shares of this market. Silver nanoparticles can be used as antibacterial agents and facilitate an antimicrobial effect on a host of pathogens such as bacteria, viruses, yeast, and fungus. Their extensive usage in medical textiles as an antimicrobial solution in hospital linen, curtains, and bandage dressing will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. The increased demand for ready-made and processed food containing silver nanoparticles and the awareness towards the need for sterilized clothes to facilitate the prevention of harmful germs and other related factors, will fuel market growth in this region.
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Silver nanoparticles are increasingly being used in various industries such as medical and children products. This upcoming market research report on the global silver nanoparticles market offers insights into the key trends and emerging drivers influencing the growth of the chemicals and materials industry. Our market research reports for the chemicals and materials offer an analysis of fast-rising market segments like metals and materials and follow a thorough data collection methodology.
Additionally, by applying a widespread research approach of quantitative and qualitative data collection methods and evaluating the changing demand-supply landscape of the metals and materials sector, the upcoming market research report on the global silver nanoparticles market offers insights into the key market drivers, trends, and eminent challenges that will influence the growth of the key suppliers in this market space. This market study also offers a complete analysis of various metals and materials services based on the interpretation of the information collected from specific resources such as channel partners and market stakeholders. This upcoming market research report on the global silver nanoparticles market also covers vendors like Emfutur Technologies, Meliorum Technologies, Nanoshel, Cline Scientific, Cima Nanotech, and NanoHorizons.
This upcoming industry report on the global silver nanoparticles market also considers the growth of the similar metals and materials markets such as the magnetic materials, which is expected to grow at a CAGR of more than 9% during the estimated period. As per our market research specialists, increased preference for miniature devices and the growing demand for the green environment may influence the demand for silver nanoparticles across various industries. Additionally, to offer clients the opportunity to identify probable market prospects and expand in niche markets, this report on the global silver nanoparticles market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report for the global silver nanoparticles market also categorizes the key drivers, major trends, as well as the limitations that the metals and materials sector currently experiences. It also presents visions into the rapidly changing competitive scenario to give clients an accurate depiction of the approaching events within the chemicals and materials industry. Technavio also provides deep-dive market assessments into the industries such as glass and ceramics and olefins.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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