Nano Copper Oxide Market Size, Share, Trends, Industry Analysis Report: By Application, End-Use Industry (Pharmaceuticals, Electronics & Semiconductors, Automotive, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034
- Published Date:May-2025
- Pages: 125
- Format: PDF
- Report ID: PM5616
- Base Year: 2024
- Historical Data: 2020-2023
Nano Copper Oxide Market Overview
The global nano copper oxide market size was valued at USD 360.56 million in 2024. The market is projected to grow from USD 391.64 million in 2025 to USD 838.85 million by 2034, exhibiting a CAGR of 8.8% during 2025–2034.
Nano copper oxide (CuO) is a nanomaterial composed of copper and oxygen particles at the nanometer scale, typically less than 100 nm in size. It is known for its unique electrical, catalytic, and antimicrobial properties, making it useful in applications such as sensors, batteries, and antimicrobial coatings.
Nano copper oxide is well known for its strong antimicrobial properties, meaning it destroys or stops the growth of harmful bacteria and viruses. This has become especially important after the COVID-19 pandemic, as the crisis increased awareness about hygiene and infection prevention. Industries such as healthcare, textiles, and consumer goods are using nano copper oxide in coatings, face masks, hospital equipment, and clothing to help prevent the spread of germs. For instance, KN95 Ply face mask from ucare is made from nano copper oxides for the prevention of germs. The demand for antimicrobial materials such as nano copper oxide continues to rise as public health concerns grow and people seek safer environments, thereby driving the nano copper oxide market growth.
Nanotechnology is a rapidly growing field focused on designing and using materials at an extremely small-scale nanoscale. Governments, research institutions, and private companies are investing heavily in this area to develop new solutions across industries. Nano copper oxide is one of the key materials being explored due to its low cost and versatile properties. Increased research and funding are leading to more applications in medicine, electronics, agriculture, and energy. The demand for high-performance nanomaterials such as nano copper oxide is growing as nanotechnology becomes more advanced and widely adopted, thereby driving the nano copper oxide market development.
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Nano Copper Oxide Market Dynamics
Growth of Electronic Industry
The electronics industry is rapidly expanding. According to the US Bureau of Labor Statistics, in the US alone, the electronic industry employed 287,800 people in 2023, showcasing the growth of the industry. Nano copper oxide is becoming a valuable material in the industry due to its excellent electrical and thermal properties. It is used in making components such as compound semiconductors, pressure sensors, and printed circuit boards. These tiny particles help improve performance while allowing manufacturers to make devices smaller and more efficient. There is a growing need for advanced materials such as nano copper oxide with the increasing use of smart gadgets, wearables technology, and high-performance electronics, thereby driving the nano copper oxide market expansion.
Expanding Use in Energy Storage Devices
Nano copper oxide plays an important role in improving the performance of batteries and other energy storage devices. Its small size and large surface area help store and transfer energy more efficiently, making it ideal for lithium-ion batteries and supercapacitors. These are widely used in smartphones, laptops, electric vehicles (EVs), and renewable energy systems. The need for better battery technology is growing as demand for clean energy and portable electronics is rising. According to Apple's Annual Report, smartphone sales rose from USD 191,973 million in 2021 to USD 205,489 million in 2022, showcasing the growing demand for portable electronics. Nano copper oxide helps make these batteries last longer and charge faster, which is crucial for modern technology. Thus, rising use in the energy storage sector propels the nano copper oxide market demand.
Nano Copper Oxide Market Segment Analysis
Market Assessment by End Use Industry Outlook
The market segmentation, based on end-use industry, includes pharmaceuticals, electronics & semiconductors, automotive, and other. The pharmaceuticals segment is expected to witness significant growth during the forecast period due to the increasing use of nano copper oxide in medical applications, especially for its strong antibacterial, antiviral, and antifungal properties. It is being used in wound dressings, drug delivery systems, and coatings for medical equipment to prevent infections. The demand for nano copper oxide in the pharmaceutical industry is growing with rising health concerns and demand for advanced medical treatments, thereby driving the segmental growth.
Market Evaluation by Application Outlook
The market segmentation, based on application, includes electronics & optics, medical & personal care, paints & coatings, energy & environment, and others. The electronics & optics segment dominated the nano copper oxide market share in 2024 due to the increasing demand for high-performance and miniaturized electronic components. Nano copper oxide is widely used in semiconductors, sensors, conductive films, and printed circuit boards because of its excellent electrical conductivity and thermal stability. The need for reliable and efficient materials such as nano copper oxide has surged as the electronics industry continues to grow, especially with advancements in smart devices, wearables, and flexible electronics, thereby driving segmental dominance.
Nano Copper Oxide Market Regional Analysis
By region, the study provides the nano copper oxide market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2024, North America dominated the market revenue share due to its advanced research facilities, high investments in nanotechnology, and strong presence in the electronics and healthcare industries. The US, in particular, is leading in the development and application of nanomaterials for use in pharmaceuticals, electronics, and antimicrobial coatings. Government support for innovation and strict hygiene standards are further boosting demand. In addition, the growing use of nano copper oxide in energy storage devices such as batteries is contributing to the growing demand for nano copper oxide in the region.
Asia Pacific is expected to record the highest CAGR during the forecast period, driven by rapid industrialization, expanding electronics manufacturing, and increasing use of advanced materials in countries such as China, Japan, and South Korea. These countries are heavily investing in nanotechnology to improve electronics, renewable energy, and healthcare. The demand for nano copper oxide is rising due to its role in batteries, sensors, and antimicrobial products. The region's large population and booming tech industry create a strong demand for batteries used for portable electronics, thereby driving the nano copper oxide market opportunity in Asia Pacific.
The nano copper oxide market in India is experiencing substantial growth due to its growing focus on nanotechnology and government initiatives promoting innovation and advanced materials. The country is witnessing increasing applications of nano copper oxide in agriculture, pharmaceuticals, and electronics. In farming, it is being explored for use in nano pesticides and fertilizers to improve crop yield. Indian startups and research institutions are also working on healthcare uses, such as antimicrobial coatings and wound healing, thereby driving the market growth in India.
Nano Copper Oxide Market – Key Players & Competitive Analysis Report
The nano copper oxide market trends are constantly evolving, with numerous companies striving to innovate and distinguish themselves. Leading global corporations dominate the market by leveraging extensive research and development, and advanced techniques. These companies pursue strategic initiatives such as mergers and acquisitions, partnerships, and collaborations to enhance their product offerings and expand into new markets.
New companies are impacting the industry by introducing innovative products to meet the demand of specific sectors. This competitive trend is amplified by continuous progress in product offerings. A few major players in the market are American Elements, Hongwu International Group Ltd, Inframat Corporation, Merck KGaA, Nanoshel, Nanostructured & Amorphous Materials Inc., PlasmaChem GmbH, SkySpring Nanomaterials Inc., and US Research Nanomaterials Inc.
American Elements is a global manufacturer and distributor of engineered and advanced materials, serving various industries, including green technology, space exploration, nanotechnology, electronics, and military applications. Founded in 1998 by Michael Silver, the company is headquartered in Los Angeles, California, with additional facilities in Salt Lake City, Utah; Monterrey, Mexico; Baotou, China; and Manchester, UK. The company produces a wide range of products, including high-purity chemicals and metals, semiconductors, nanoparticles, isotopes, ceramics, and crystalline materials. Its catalog encompasses over 16,000 items used in applications such as battery storage, hydrogen energy, solar power, aerospace, defense systems, optics/photonics, pharmaceuticals, and cosmetics. American Elements also provides customized formulations and technical support for product applications. The company serves sectors such as energy, electronics, aerospace and defense, automotive, and pharmaceuticals. In the energy sector, the company supplies materials for renewable energy systems, while in electronics, it provides components for advanced devices. American Elements operates globally, with facilities in North America, Asia, and Europe. This international presence enables the company to serve a large customer base, including many major corporations. American Elements Copper Oxide (CuO) Nanoparticles are high-purity, nanoscale particles (1–30 nm) with a black-to-brown appearance, offering catalytic, antimicrobial, and biocidal properties for diverse industrial applications.
Merck KGaA, established in 1668, is one of the oldest pharmaceutical and chemical companies in operation. Based in Darmstadt, Germany, it operates across three main sectors—healthcare, life science, and electronics. The healthcare sector focuses on treatments for conditions such as cancer, cardiovascular diseases, diabetes, thyroid disorders, multiple sclerosis, and fertility issues. Key products include Erbitux (cetuximab), Metformin, Bisoprolol, Levothyroxine, and Digitoxin. The company collaborates with other entities to improve its research capabilities. In the life science sector, Merck provides materials, technologies, and services for laboratories and the biopharmaceutical industry. This includes brands such as Sigma-Aldrich, Milli-Q, and Millipore. The electronics sector is involved in the development of semiconductors and display solutions for electronic devices, with notable acquisitions such as Versum Materials and Intermolecular Inc. Merck KGaA has a global presence in 65 countries, with 101 production sites across 19 countries. It organizes its operations into five regions: Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa. In North America, it operates under brands such as MilliporeSigma (Life Science), EMD Serono (Healthcare), and EMD Electronics (Electronics). The company provides Copper nanopowder with a 25 nm particle size, used in applications like nanofluids and electronics, available from Sigma-Aldrich with a density of 8.94 g/mL at 25°C.
List of Key Companies in Nano Copper Oxide Market
- American Elements
- Hongwu International Group Ltd
- Inframat Corporation
- Merck KGaA
- Nanoshel
- Nanostructured & Amorphous Materials Inc.
- PlasmaChem GmbH
- SkySpring Nanomaterials Inc.
- US Research Nanomaterials Inc
Nano Copper Oxide Industry Development
In February 2024, Recyclekaro and BARC signed a memorandum of understanding to produce copper oxide nanoparticles from e-waste, leveraging advanced technology for industrial applications and promoting environmental sustainability.
Nano Copper Oxide Market Segmentation
By Application Outlook (Revenue USD Million, 2020–2034)
- Electronics & Optics
- Medical & Personal care
- Paints & Coatings
- Energy & Environment
- Others
By End-Use Industry Outlook (Revenue USD Million, 2020–2034)
- Pharmaceuticals
- Electronics & Semiconductors
- Automotive
- Other
By Regional Outlook (Revenue USD Million, 2020–2034)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Nano Copper Oxide Market Report Scope
|
Report Attributes |
Details |
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Market Size Value in 2024 |
USD 360.56 million |
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Market Size Value in 2025 |
USD 391.64 million |
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Revenue Forecast by 2034 |
USD 838.85 million |
|
CAGR |
8.8% from 2025 to 2034 |
|
Base Year |
2024 |
|
Historical Data |
2020–2023 |
|
Forecast Period |
2025–2034 |
|
Quantitative Units |
Revenue in USD million and CAGR from 2025 to 2034 |
|
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
|
|
Regional Scope |
|
|
Competitive Landscape |
|
|
Report Format |
|
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
FAQ's
The market size was valued at USD 360.56 million in 2024 and is projected to grow to USD 838.85 million by 2034.
The global market is projected to register a CAGR of 8.8% during the forecast period.
North America held the largest share of the global market in 2024.
A few key players in the market are American Elements, Hongwu International Group Ltd, Inframat Corporation, Merck KGaA, Nanoshel, Nanostructured & Amorphous Materials Inc., PlasmaChem GmbH, SkySpring Nanomaterials Inc., and US Research Nanomaterials Inc.
The electronics & optics segment dominated the market in 2024 due to the increasing demand for high-performance and miniaturized electronic components.
The pharmaceuticals segment is expected to witness significant growth during the forecast period due to the increasing use of nano copper oxide in medical applications.
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