Nanosilver Market Driving Factors, Industry Growth, Key Vendors and Forecasts to 2024
Category: #world  By Ashwin Naphade  Date: 2019-01-29
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Nanosilver Market Driving Factors, Industry Growth, Key Vendors and Forecasts to 2024

MarketStudyReport.com Adds New Nanosilver Market 2017 – 2024 research report providing information and data By Mode of Synthesis, By End-user, By Application, By Film Layer, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 135 Pages with table and figures in it.

Nanosilver Market size is poised to exceed USD 3.3 billion by 2024. Robust demand for anti-microbial coating across food & beverage industry, healthcare, consumer applications, personal care, etc. will boost nanosilver market size. This is chiefly due to anti-microbial properties possessed by product which helps across several applications in the aforementioned industries. For instance, in the medical industry, product is used to manufacture tubes, bandages, ointments, etc.

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Nanosilver Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 15.6% CAGR to 2024.

Sturdy growth in nano-technology based consumer electronics in North America will help in attaining promising gains in the nanosilver market size in the coming years. It is extensively used in manufacturing electronic devices & equipment owing to its high thermal & electrical conductivity in inks, pastes and adhesives. Increasing demand for superconductors is expected to bolster growth of the nanosilver market which is credited to space restraints which is otherwise required for conventional cables. In addition, demand for nanosilver inks is growing due to need for higher resolution ink required in printed electronics, especially in gravure, inkjet and flexographic printing. These trends are anticipated to make noteworthy contribution to nanosilver market size.

Strict laws and standards formulated by the U.S. EPA, FIFRA and other regulatory agencies against product applications due to its harmful implications on environment & human health will obstruct nanosilver market size. In addition, high product cost will be another factor which is likely to hinder nanosilver market size.

Nanosilver market size for physical mode of synthesis attained a prominent industry size which is anticipated to rise at a moderate rate by 2024. In physical mode, it is synthesized by evaporation and condensation which is carried using tube furnace at atmospheric pressure. However, this mode is not preferred for product generation as tube furnace occupies large space and consume large amount of energy which needs significant amount of time to achieve thermal stability. Biological and chemical reduction mode of synthesis are usually preferred owing to several advantages including cost-effectiveness, energy efficient, etc. which is likely to help propel nanosilver market size in the forecast spell.

Water treatment industry for nanosilver market size will witness growth close to 11% during the forecast timespan. This is primarily due to improving standards & legislations towards human health & environment primarily in the emerging economies which is likely to drive product demand over the projected timeframe. Product is extensively used as a disinfectant in drinking water supplies due to its biocidal properties.

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In 2016, Asia Pacific nanosilver market size contributed close to USD 300 million. Considerable industry growth rate will be witnessed in the region owing to sturdy pace of food & beverage, water treatment, personal care, textile and healthcare industry which is credited to improving socioeconomic factors. Moreover, improving health standards in Asia Pacific led to formulation of strict legislations to improve human health & environment is another factor which is likely to contribute effectively towards nanosilver market size in the coming years.

Key nanosilver industry share contributors are Creative Technology, Blue Nano, NovaCentrix, NanoMas Technologies, RAS, SILVIX, Bayer MaterialScience, Cambrios Technologies and Inkron.

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Related Reports: -

United States Nanosilver Market Report 2018

In this report, the United States Nanosilver market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-nanosilver-market-report-2018/?utm_source=RR-AN     

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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