Metal Nanoparticles Market Size Worth $6.39 Billion By 2030 | CAGR: 11.66%

The global metal nanoparticles market size is expected to reach USD 6.39 billion by 2030, according to a new study by Polaris Market Research. The report "Metal Nanoparticles Market Share, Size, Trends, Industry Analysis Report, By Metal (Platinum, Gold, Silver, Iron, Copper, and Nickel); By Synthesis Method; By End-Use Industry; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Strong funding scenario and government support favoring the market growth. The President's Budget for 2021 includes more than USD 1.7 Bn for the National Nanotechnology Initiative. This investment pushes the boundaries of nano-science, funds nano-technology research, and advances education and workforce development efforts. This support, which will total more than USD 31 billion by 2021, reflects the importance of investments that promote a fundamental understanding of and control over matter in nanotechnology.

In the 2021 report, scientists at the Technion-Israel Institute of Technology and the Helmholtz-Zentrum Hereon Centre in Germany developed membranes for high selectivity nanoparticle separation on demand. These membranes are used in various processes, such as the production of pharmaceuticals, the separation of materials, the purification of water, and the treatment of wastewater. Thus, this type of development gains tremendous traction among the public, leading to the growth of global markets.

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The ongoing COVID-19 outbreak has severely damaged the market for metal nanoparticles. Due to the abrupt closure of domestic and international trade, the explosion has altered operational efficiency and disrupted value chains, resulting in revenue loss and harm. The market has suffered due to supply chain and production disruptions. As has the logistical operation, the global supply of goods has dropped due to lockdowns being implemented in various nations and travel restrictions.

The usage of gold nanoparticles in COVID-19 testing kits that yield results in a short period has been studied by researchers. The new coronavirus that causes COVID-19, according to researchers at the University of Maryland, may now be identified using a diagnostic test within 10 minutes. The outcomes will be apparent to the unaided eye.

Metal Nanoparticles Market Report Highlights

• The silver segment is anticipated to grow rapidly. It exhibits excellent electrical conductivity and antimicrobial properties.
• The physical methods segment is anticipated to grow at a high CAGR. Nanoparticle preparation methods rely on macroscopic objects disintegrating onto nanoobjects using milling procedures, dissertators, and sonicators.
• In North America, the market is expected to show the largest market share during the projected period. Government initiatives encouraging the expansion of the healthcare sector are creating a favorable environment for market growth in North America.
• There are several companies in the global market, including Nanoshel, Nano-structured & Amorphous Materials, EPRUI Nanoparticles, US Research Nanomaterials, Tanaka Holdings, Meliorum Technology, Nanocomposix, Skyspring Nanomaterials, Malvern Panalytical, JEOL, Shimadzu Corp., Agilent Technologies, Sigma-Aldrich, Nanocs and others.

Polaris Market Research has segmented the metal nanoparticles market report based on metal, synthesis method, end-use industry and region:

Metal Nanoparticles, Metal Outlook (Revenue - USD Billion, 2018 - 2030)

• Platinum
• Gold
• Silver
• Iron
• Copper
• Nickel

Metal Nanoparticles, Synthesis Method Type Outlook (Revenue - USD Billion, 2018 - 2030)

• Chemical Methods
• Physical Methods
• Bio-Based Methods

Metal Nanoparticles, End-Use Industry Outlook (Revenue - USD Billion, 2018 - 2030)

• Pharmaceutical & Healthcare
• Electrical & Electronics
• Catalyst
• Personal Care & Cosmetics
• Others

Metal Nanoparticles, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa